Page 3220 - Company News

New draft rules set to clamp down on CSR activities through trusts

The proposed rules would not allow trusts and societies to undertake any CSR activities.

DoT moves SC to offer telecom firms 20-year window for payment of AGR dues

COAI, representing the telecom industry, has called it a "comprehensive petition"

YES Bank crisis: Indiabulls Housing moves court seeking relief on AT1 bonds

According to court documents, the matter was mentioned on Monday. The plea will be clubbed with the petition filed by Axis Trustee, which represents the majority of the bondholders.

Moody's upgrades YES Bank's ratings; outlook changed to positive

The rating action concludes the review with direction uncertain that was initiated on Yes Bank's ratings on 06 March 2020. Ailing private sector bank was placed under moratorium on March 5, 2020.

Lifestyle Int'l appoints former Flipkart top executive Rishi Vasudev as CEO

With more than 21 years of experience in fashion and retail - both online and offline, Vasudev comes with expertise and experience in managing large businesses

Hindustan Aeronautics' operational turnover to cross Rs 20,000 cr in FY20

HAL is also poised to scale another summit this year, with its operational turnover for 2019-20 on track to exceed Rs 20,000 crore - for the first time ever

Hyundai launches new Creta, gets 14,000 bookings, mostly for diesel

The Korean auto major invested around Rs 1,000 crore in the new product, which is made in India for the domestic and global markets

Private lenders' 'act of kindness' to YES Bank irks investors

Peers investing indicates other investors' reluctance; banks must conserve capital first before bailing out the private lender

AGR dues: DoT's proposal a boost for Bharti Airtel and Vodafone Idea

Cash flows to absorb Africa impact amid weak crude oil prices and rupee

Coronavirus scare: SBI Cards drops 10% on debut, HNIs lose Rs 200 per share

The weak trading debut contrasted the stellar demand seen during SBI Cards' Rs 10,300-crore IPO earlier this month

Vodafone Idea pays another Rs 3,354 cr to DoT as part payment of AGR dues

Company owes Rs 6,854 cr as principal amount from FY07 to FY19

Coffee Day Enterprises likely to face hurdles in asset monetisation efforts

An investigation by the board after the death of founder V G Siddhartha is likely to conclude that around Rs 2,500 crore is missing from CDEL's accounts

Global BPM firm Startek will focus on new revenue streams this year: COO

Private equity firm Capital Square Partners (CSP) has gone under water on the deal

Moody's upgrades YES Bank ratings; outlook changed to positive

The central bank had superseded YES Bank board on April 5 and placed it under an administrator

Maruti launches BS-VI compliant CNG version of Eeco priced at Rs 464,000

The company had first introduced Eeco in January 2010 and has sold around 670,000 units of the model till date.

SC dismisses Vodafone Idea's plea against levy of one time spectrum charges

"Do not pay anything. Do not pay this. Do not pay the AGR (Adjusted gross revenue) also," the bench said while dismissing the appeal of the telecom firm.

Damani family increases stake in India Cements from 11.98% to 16%

Share prices of India Cements saw a one-month peak at Rs 104.6 per share on February 26

Coronavirus impact: McDonald's, Domino's Pizza start contactless delivery

JFL said its zero-contact delivery feature has been introduced as an additional precautionary measure to ensure the safety of both customers and the delivery staff

France hits Apple with record $1.2 bn fine for anti-competitive practices

The authority said it found that Apple acted to prevent independent retailers in France from competing on price and abused its economic power over them

ONGC confident of withstanding volatility; declares 100% interim dividend

ONGC has a balanced portfolio as it is present across the value chain -- upstream, refining and marketing, and is better positioned to face any headwinds, it said