Page 3253 - Company News

Good Feb volumes not enough, power sector demand key for Coal India stock

Pressure on e-auction premiums, subdued outlook on prices and stake sale overhang remain key concerns

Anil Ambani group firm Reliance Infra defaults on loans to Yes Bank, others

The defaults, on interest and principal, happened between January 23, 2020 and February 1, 2020

Twitter asks stuff to work from home; TCS, HCL Tech say avoid travel

Twitter gave employees an option to work from home after the coronavirus outbreak claimed over 3,000 lives globally, and fresh cases being reported in India.

Antony Waste Handling Cell raises Rs 61 crore from anchor investors

The investors include Massachusetts Institute of Technology, Vantage Equity Fund and 238 Plan Associates

Some improvement in agriculture, but clear recovery not in sight yet

A few data points show improvement, but their sustainability, and recovery in other major economic indicators is vital

Tata Steel steps up focus on digital, physical channels to drive volumes

The steel manufacturer's on ground delivery and distribution network rose 11 per cent year-on-year (y-o-y) in Q3 or December quarter of this fiscal

Mid-tier IT companies may do better than larger peers, say analysts

The ability to forge partnerships with large technology firms in niche areas and strong leadership are seen as the factors behind these optimistic projections

Oil brand tries a new Fortune with fresh look and Akshay Kumar as face

Since its launch way back in 2000, Fortune has built itself a neat niche in the edible oils segment

Uber sold Indian food delivery business to Zomato for $206 million

The deal, which was announced on January 21, said Uber will get a 9.95 stake in Zomato

ArcelorMittal JV buys Bhander power plant, eyes more Essar ancillary units

Acquisition comes close on the heels of the firm getting NCLT nod for buying Odisha slurry pipeline

India now WPP's fifth-largest market globally, says CEO Mark Read

Business grew 10% in 2019, ahead of Brazil's rate of growth

NCLT approves NBCC's resolution plan for Jaypee Infratech with some tweaks

NBCC has proposed to complete over 20,000 flats in the next three-and-a-half years

Mahindra yet to make SsangYong click 10 years after acquiring Korean firm

A decade after Mahindra & Mahindra acquired the South Korean motor company, the automaker is struggling and its Indian parent's three-year plan to pull it out of crisis looks challenging

IndiGo, GoAir to replace 180 unmodified PW engines by May 30: DGCA

IndiGo and GoAir have 106 and 43 A320neo aircrafts, fitted with PW engines, respectively. Post the induction of the aircraft into service, there have been a number of incidents of snag in the engines.

Voda Idea, Airtel, Jio pay over Rs 6,000 cr to DoT towards spectrum dues

Vodafone Idea's payment in particular assumes significance as the company has been under tremendous financial pressure and is confronted with AGR liabilities of over Rs 53,000 crore

Tower firms stare at Rs 8,000-crore loss if Vodafone Idea shuts business

Company uses around 180,000 towers with various vendors

'Growth in 3 phases': Bhavish Aggarwal on Ola's plan to go public in India

"Our India business is in a strong position, we are doing the same in other countries also. The next logical step is for us to list in the public markets"

NCLT approves ArcelorMittal's Rs 2,359 cr bid for Odisha Slurry Pipeline

A two-member bench of the NCLT Cuttack gave a go ahead to the resolution plan of ArcelorMittal India, which had been approved by the Committee of Creditors (CoC) of OSPIL.

SBI board allows RCom resolution plan, lenders to get Rs 23,000 cr: Report

RCom's secured debt is estimated to be around Rs 33,000 crore

Ixigo invests in gogoBus mobility startup, enters bus-booking segment

With this investment, Ixigo has entered the bus booking segment. Earlier, it had flight, trains, and hotels bookings. For gogoBus, this provides access to a ready user base.