Page 3234 - Company News

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

Delhi HC notices to govt, internet cos on removal of hate speech, fake news

The matter is listed next on April 14.

Essar Group plans to cut residual debt by 70% to Rs 12,000 crore

Group enters the final leg of deleveraging post oil, steel business sell-off

Fairfax India's assets grow at five-year CAGR of 26% to $3.24 billion

Its assets were $1.02 billion in 2015 and grew to $3.24 billion in 2019, a CAGR of 26.4%

Tata Power delays shutdown of Mundra plant, normal operations till Mar 20

The decision to postpone came after a meeting was convened by the Union power secretary on Monday.

Airtel beats Voda Idea, Reliance Jio to top download speed ranking: Report

Reliance Jio has been found to be the fastest network in the country by the Telecom Regulatory Authority of India. However, private broadband analysis firm have had different findings.

YES Bank fiasco, double-blow for Max Financial; analysts caution investors

Max Life has Rs 2,000 crore exposure to YES Bank's tier-2 bonds and the latter accounts for 11 per cent of its bancassurance channel

Lower oil prices would lead to direct reduction in GAIL earnings : Analysts

Start of new fertiliser plants offers some comfort, but disparity between procurement and selling price of gas would hurt profitability, say analysts

Facebook, N/Core to empower women entrepreneurs with its CSR initiative

Facebook Pragati will award four grants of up to Rs 50 lakh for each non-profit to scale their work

IndiGo says fall in bookings amid Coronavirus to impact quarterly earnings

According to the release, the numbers could change from here based on how the situation evolves

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

Emerging from a meeting with Telecom Secretary Anshu Prakash on Wednesday, Mittal said, 'They said pay full....we have paid full dues'

Solvay picks up minority stake in Catasynth Speciality Chemicals

This will be the company's first investment in India in a joint venture