Page 3229 - Company News

Moratorium on YES Bank could impact most corporates briefly: India-Ratings

Corporate groups with a large dependency on the bank could face a longer period of disruption.

NCLAT sets aside CAIT plea against CCI nod to Walmart's Flipkart buy

A two-member bench of the appellate tribunal headed by Justice S J Mukhopadhaya said CAIT failed to establish its allegations against CCI granting approval for Walmart-Flipkart deal

Qatar's Black Cat Engineering ties up with TCS for digital solutions

"Tata Consultancy Services...has been selected by BCEC..as the strategic partner to drive the latter's digital transformation and co-innovation strategy," TCS said

Reliance buys an extra 2 mn bbls of Saudi oil for April loading: Report

Saudi Aramco has slashed its selling price for April and announced plans to raise output to a record 12.3 million bpd

Entire debt from YES Bank is secured, committed to repay: Reliance Group

As many as 44 companies belonging to 10 large business groups reportedly accounted for bad loans of Rs 34,000 crore of YES Bank

With another extension, is Saregama stretching its Carvaan brand too thin?

In 2017 Saregama launched Carvaan, a device with 5,000 old songs loaded in. It became a huge hit selling over two million units so far and rejuvenating India's oldest music company

Mahindra & Mahindra inks pact to buy 13% more stake in MITRA Agro

The company currently holds 26 per cent of the equity share capital of Mitra

IndiGo gives profit warning following dip in bookings over Coronavirus

Flight occupancy dropped on domestic routes as individuals and companies canceled events and postponed travel

Volvo Eicher sees no rush among transporters to buy BS-IV trucks

Automakers in India import about 10% of their raw materials from China

Brokerages turn bullish as Reliance Industries shares plunge 20%

Bearish market trend, Coronavirus impact amid crude oil crash have hurt investor sentiments

Sun Pharma stock sheds 15% on price fixing concerns, slow portfolio ramp-up

The near-term worry for the company is the ongoing investigation by the US Department of Justice related to price fixing and cartelisation by generic companies

Mindtree founders drop promoter tag as firm reclassifies them as 'public'

Founders had requested for the reclassification in July last year after L&T took over the Bengaluru-based firm

L&T moves Bombay HC to secure provident funds exposure to YES Bank

Infra giant has Rs 100 crore of exposure to bank's AT-1 bonds

Lodha Developers' international arm repays Rs 2,550 cr towards bonds

Last week it raised $200 million in senior secured notes due 2023 last week

Cricketer Ajinkya Rahane invests in Mahindra's agri firm MeraKisan

Ajinkya hails from a farming background

Coronavirus outbreak: It's safe to travel, SpiceJet, GoAir tell customers

Flight occupancy and fresh bookings have dropped over ten per cent in last few days as individuals and corporates defer trips. International travel is already hit due to a series of visa restrictions

Biocon, Mylan win patent case for insulin device against Sanofi in US

Development takes Biocon a step closer to commercialise its glargine biosimilar Semglee in America

Boeing to halt hiring, may sack staff on Coronavirus, jet grounding impact

A second industry source said job cuts were likely as the aviation industry is squeezed by plummeting travel demand and a safety ban on the 737 MAX after two fatal crashes hit the one-year mark.

Tata Motors shares dip 6.5% as Coronavirus impact on JLR spooks investors

The fears were exacerbated by the steady rise in COVID-19 cases across Europe, one of JLR's biggest markets

Sunil Mittal says Airtel has paid full AGR dues of Rs 13,000 crore

Says SC order did not specify quantum of dues to be paid