Page 320 - Company News

Jio Credit looks to raise Rs 1K cr in maiden bond issue next week

Company is expecting a coupon rate of 7.19%, sources said

PB Health raises $218 mn in seed round led by US-based General Catalyst

PB Health, the healthcare venture of PB Fintech, has raised $218 million to set up a 1,000-bed hospital network in Delhi NCR and drive health-tech innovation

SC's Bhushan Power and Steel ruling: Review petition may flag 'errors'

According to a source aware of the developments, it appears that the court did not consider infusion of money by JSW in the form of compulsory convertible debenture towards equity infusion

BBC Studios focuses on BBC Player in India, partners with Tata Play Binge

BBC Studios has identified BBC Player as its digital growth engine in India and partnered with Tata Play Binge to boost visibility and subscriptions across platforms

Crisil puts IndusInd Bank's long-term debt instrument on 'rating watch'

Rating agency says there has been no 'material outflow' in lenders deposits in two months

Boost to Jaguar Land Rover: US trade deal cuts duty to 10% for 100K UK cars

JLR had paused shipments to the US in April following US' declaration of a 25 per cent tariff on automobile imports

LG to invest Rs 5,000 crore in Andhra Pradesh for smart appliance facility

The foundation stone was laid by Andhra Pradesh's Minister for Education, IT, and Electronics, Nara Lokesh, in the presence of LGEIL India Managing Director (MD) Hong Ju Jeon and other dignitaries

Starlink requires IN-SPACe nod to launch satellite communication services

Firm needs all approvals before Trai brings guidelines

Tribeca eyes 8-12 projects in 3 years under new plotted housing arm

Tribeca launches a new vertical, Tribeca Estates, to focus on plotted developments, luxury villas, and hospitality-led townships across key Indian cities

BP Ventures in talks to acquire Anmol Singh Jaggi's stake in BluSmart

BP Ventures is exploring a buyout of Anmol Jaggi's 25.14 per cent stake in BluSmart as part of efforts to resolve governance issues and restart suspended operations

Karachi Bakery is a '100% Indian brand', say promoters amid name row

Karachi Bakery promoters Rajesh Ramnani and Harish Ramnani said the brand Karachi Bakery was established in Hyderabad in 1953 by their grandfather Khanchand Ramnani

HCC Q4 results: Net profit drops 63% to Rs 90 cr, secures new contracts

HCC, in a statement, said it has secured three contracts worth Rs 5,692.6 crore with JV partners (HCC's share at Rs 3,472 crore) during the financial year

Brigade buys land near ITPL, plans Rs 2,000 cr Bengaluru office project

Brigade Group will develop 1.5 million sq ft of commercial space in Whitefield, Bengaluru, after acquiring 11 acres opposite ITPL, with a GDV exceeding Rs 2,000 crore

REC to provide Rs 2.5 trn finance for renewable energy projects till 2030

REC currently has an exposure of about Rs 53,000 crore in renewable energy projects with a total loan book of Rs 5.67 lakh crore as on March 31

Sebi bars Paytm's Vijay Shekhar Sharma from accepting Esops for 3 years

Vijay Shekhar Sharma and One97 Communications settle Sebi case on Esop violations with penalties and a three-year ban on accepting stock options from listed firms

Kia unveils Carens Clavis; eyes 20-25% volume gain in Carens portfolio

The company would cater to the fleet and budget buyers with Carens and the remaining ones with the more premium Clavis, Brar said

Titan's managing director Venkataraman to retire by year end: CEO

Venkataraman joined the company in 1990 and rose to the top post in 2019, the same year Chawala took the helm at the jewellery division

Paytm, founder and CEO Vijay Shekhar Sharma settle ESOP case with Sebi

Consequently, last month, Sharma had foregone these ESOPs and as a result, Paytm took a related ₹492 crore one-time charge in the previous quarter

Behind Microsoft's push for performance: firings, PIPs and re-hire bans

Tech major Microsoft has introduced strict performance rules; under-performers to face exit via PIP or voluntary separation, with a two-year rehire ban and no severance in some cases

CIL to set up $3 bn worth clean energy projects to boost renewable heft

AM Green, in which the founders of India's Greenko Group have large stakes, targets to produce 5 million tons per annum (MTPA) of green ammonia by 2030