Page 3222 - Company News

SC dismisses Vodafone's plea against levying one-time spectrum charges

The Department of Telecommunications had sought to levy a one-time spectrum charge on telecom service providers

AGR: Voda pays Rs 3,354 cr; SC dismisses plea against one-time spectrum fee

The DoT has sought to levy a one-time spectrum charge over 6.2 MHz held by the telco

Soon, PhonePe Switch users can access Swiggy without leaving the app

PhonePe Switch is a one-click entry point to a world of apps on the PhonePe platform

Raising threshold for insolvency: Good for NCLT, bad for smaller creditors

Experts are of the view that a substantial increase in threshold might affect certain sectors severely

MakeMyTrip works on app upgrades, wider positioning in all types of travel

According to Magow, MakeMyTrip has been a transaction site but now wishes to cater for the customer even before the latter begins planning a destination

YES Bank crisis: ED summons Anil Ambani in probe against Rana Kapoor

Confirming the development, an ED official said the agency was examining all the big borrowers of the bank, and the stressed loans sanctioned during Kapoor's tenure

Coronavirus outbreak: Poultry firms, farmers hit due to massive culling

The poultry market consumes around half of soybean and maize production in India.

Company, promoters don't have any outstanding term loan from YES Bank: IHFL

The bank asserted that its financial health is sound and the Capital to Risk Weighted Assets ratio, the main parameter, is well above the limit prescribed by the RBI

Coronavirus outbreak: Cine bodies to halt all productions from March 19

The pandemic has led to the cancellation of various events, award functions, interviews and shooting schedules.

Amid coronavirus panic, Hyundai sees a silver lining for auto industry

The company has also taken many internal measures, including daily temperature checking of employees and visitors at its Chennai plant and office

Co-working space rentals in Pune 33% lower than traditional offices

In Mumbai Metropolitan Region, co-working spaces come at 14% lower rentals in key micro-markets such as Ballard Estate, Colaba, Churchgate, Fort and Nariman Point.

YES Bank crisis: How Rana Kapoor's firm expanded aggressively through loans

According to sources, the Kapoor companies invested around $10-11 million in Awfis but their shareholding got diluted as new investors came in.

Dealing with pandemic: Buyers, sellers need to reassess impact of COVID-19

Travel restrictions and other clampdown measures make time-critical deal-making a challenge, leading to legal and regulatory complications, say experts.

Audit space cannot have 'one-size fits all' approach: Corp Affairs Secy

The ICAI is the apex body of chartered accountants. Overseas audit entities operate in the country through network firms model

Airtel, Voda Idea must disclose workings used to arrive at AGR dues: Report

In case of Vodafone Idea Ltd (VIL), the DoT is seeking over Rs 53,000 crore

Work from home is serious business as top companies fight coronavirus

Companies such as Coca-Cola, Godrej Consumer and Uber have all given their employees the option to work from home given that most employees are connected via laptops and phones

Xerox pauses HP hostile takeover, proxy fight amid virus outbreak

The printer maker said it would be forced to take a break from its hostile takeover and proxy fight in the wake of the pandemic

Ferrari halts production for two weeks in Italy amid coronavirus threat

The Italian supercar maker will suspend its production at the Maranello and Modena plants until March 27

Coronavirus: E-commerce gets a boost as customers prefer to stay indoor

Firms like Flipkart, Amazon, Bigbasket witness 30% spike in orders as COVID-19 spreads

Industry and analysts denounce GST rate hike to 18% on mobile phones

Xiaomi MD says move could weaken demand as smartphone makers will be forced to raise prices