Page 3145 - Company News

Revised inter-creditor pacts may do away with need for 66% lenders' nod

Banks will be able to customise ICAs in accordance with their needs even as more financial stakeholders are on-boarded, including those with foreign currency exposures

Reliance looks at Nasdaq listing for Jio Platforms; IPO likely by 2021

Morgan Stanley is likely to be appointed the lead banker to manage the overseas listing, while Bank of America Merrill Lynch and Citibank may also be roped in for the IPO, another source informed.

Coronavirus to trigger fresh consolidation across sectors, says BofA

Brokerage says organised, large firms will grab more market share in the post-Covid world

Bharti Airtel promoter raises Rs 8,433 cr by offloading 2.75% stake

According to BSE data, Societe Generale picked up 35.3 million shares at Rs 561.1 apiece

Titan defers launch of jewellery collections, expects demand to be muted

Company says Covid-19 situation to adversely affect profitability during the first half of this year

Indian consumers top anxiety list, show maximum wariness about health, job

The state of the Indian consumer has been the subject of attention of a number of agencies in recent weeks

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