Page 3138 - Company News

Reliance Power wins lawsuit challenging validity of arbitration award

The total dues payable by Kokos Jiang and Prestige Capital Holdings stands at 68 million dollars as on the day of judgement

Covid-19 opens new doors for fintechs as users shun cash deals for digital

Companies report spike in transaction via android apps as merchants opt for contactless payment systems

PFC lends Rs 22,000 cr to Narmada Basin Projects for 225 Mw hydel project

A wholly-owned company of the Madhya Pradesh govt, is building as many as 12 projects

Covid-19 impact: Wipro Consumer Care Ventures revisits investment strategy

The venture capital arm of the Azim Premji-backed FMCG company is in talks with over a dozen startups in these areas to invest into them

Ather Energy, Bounce join hands to monetize the idle time of scooters

Ather is the first brand to partner with Bounce to make their products available through this program

Home healthcare sees larger role amid Covid-19, seeks insurance coverage

Covid-19 has expanded the market for home healthcare providers, enabling them to provide both at-home healthcare and remote healthcare, apart from reaching out to corporates

Airtel group ties up with Mastercard to develop products for farmers, SMEs

The collaboration will bring together Mastercard's global and local experience in developing advanced financial solutions and Airtel Payments Bank's strong distribution network

Next Capital-backed Vestaspace to launch constellation of 35+ satellites

The company plans to replace traditional fibre networks with the satellite constellations and provide high-speed 5G network connections pan-India with its unmanned Software Data processing

Euler Motors raises Rs 20 cr in Series-A round led by Inventus Capital

A first of its kind funding in the Electric Vehicles space during the testing times of Covid-19 pandemic

Glenmark to begin clinical trial in India to test Covid-19 drug combination

Drugmakers across the world have been rushing to develop a treatment or vaccine for the fast-spreading coronavirus, which has infected 5.5 million people globally, killing more than 345,000

JSPL's Q4 consolidated profit at Rs 306 cr, cuts net debt by Rs 4,379 cr

The gross revenue totalled Rs 9,674 crore in Q4 FY20 while the net revenue was Rs 8,836 crore

Huge scam in YES Bank for many years, says Enforcement Directorate

Rana Kapoor's wife also charged with abetting crime

Covid creeping into industrial units; companies, workers face new hurdles

On Sunday, Hyundai Motor had said that in the first week of its operation, three of its employees showed mild symptoms of cough and cold and was tested positive for Covid-19

Promoter to sell 2.75% stake worth $1 bn in Bharti Airtel via block deals

Shares are being offered to large investors at 6 per cent discount to March 22 closing price of Rs 593; Mittal company joins top Indian companies in raising funds

Why ITC's Sunrise Foods deal is positive but unlikely to push up valuation

While the deal offers distribution and sourcing synergies, pressure on dominant cigarette business remains

40% tourism firms staring at complete shutdown risk in next 6 mnths: Report

The report said that 81 per cent travel and tourism companies have lost their revenue up to 100 per cent

Many manufacturing companies weighed labour cost cuts even before lockdown

Salary and wage bill for manufacturers was down around 1% YoY in Jan-Mar

Home appliances remain immune to Covid, lockdown relaxation boosts demand

28% consumers keen on buying home appliances, while other discretionary spending is on hold, says Nielsen survey

Crompton Consumer: Cost control, market share gains lend comfort

With products less discretionary and seasonal in nature, company's growth could see faster recovery, say analysts

Delay in projects to impact profitability in FY21, says Cochin Shipyard

There will not be any additional impact due to liquidated damages for delay in running projects as it has already invoked Force Majeure clause available in all the contracts