Page 3270 - Company News

Muthoot Finance raises $550 mn at 4.4% from international bond markets

Second bond issue from the firm after it placed $450 mn for 3-year tenor at 6.13% in Oct 2019

Mahindra Renewables to sell entire stake in 3 arms for Rs 340 crore to CLP

As per the share purchase agreement, CLP will acquire 96,23,000 equity shares of Rs 10 each in CREPL at a price of Rs 113.11 per share

Muthoot Finance: Decoding the glitter and growth of the gold financier

At Rs 36,620 crore m-cap, the stock displaced AU Small Finance Bank, PNB and Shriram Transport among notable names

Wipro arm acquires Rational Interaction to enhance its digital offerings

Founded in 2009, Rational Interaction is headquartered in Washington state with 300 employees and offices in Seattle, Bellvue, Dublin and Sydney

Industry bodies, chambers have national role to play: Goyal to businessmen

"Where was the trade and industry and business community when the nation needed them?" the minister

Tata group market cap soars 40% in three years under Chandrasekaran

In the three years under Chandra, the group's overall m-cap has soared 39.6% to Rs 12 trillion

Paytm Bank partners with Ola, Uber, for FASTags to 100,000 drivers

PPB has set up 12 camps at Uber Green zones across different cities for drivers to purchase and use FASTags

CCI okays GMR's 49% stake sale in airport business to France's Groupe ADP

The regulator's clearance is through the green channel, which allows for an automatic system for speedy approval of combinations, subject to certain conditions

Zomato bolsters its ship with UberEats as Indian food-tech scouts a shore

In a tough environment, Zomato's expensive purchase shows how its strategy is different from Swiggy's as both compete to attract Softbank amid global investors' proxy food wars in India

Coronavirus outbreak to have no impact on BS-VI transition: Ashok Leyland

The company, which is one of the leading players in the commercial vehicle segment, said its BS-IV inventory would be exhausted by the end of this month

Coronavirus scare may erase $29 bn from global airlines' revenue, says IATA

The contraction comes at a time when Asian airlines' sales had been growing, the group said

Honda Motorcycle launch BS-VI compliant Shine, price starts at Rs 67,857

The company has already sold 250,000 units of BS-VI compliant two-wheelers

Dewan Housing chairman Kapil Wadhawan gets bail in Iqbal Mirchi case

Wadhawan (46) was arrested on January 27 by the Enforcement Directorate under the Prevention of Money Laundering Act (PMLA)

Trade deal, investments: What India Inc expects from Donald Trump's visit

In 2018-19, India's exports to the US stood at $52.4 billion, while imports were $35.5 billion. Trade deficit dipped from $21.3 billion in 2017-18 to $16.9 billion in 2018-19.

CIL's coal supply to power sector declines 7% in April-January period

The commodity despatch by Coal India to the power sector in the year-ago period was 405.61 MT

After Amazon, Walmart's Flipkart challenges India antitrust probe

The Competition Commission of India in January ordered a probe into alleged violations of competition law and certain discounting practices by the two e-commerce giants

Ambani vs Chandra: Media convergence looks set for a new game of thrones

Reliance announced the merger of its various content, distribution, and media properties in its listed subsidiary Network18 earlier this week.

Air India sale: Non-commitment to protect global routes a deal dampener?

Govt will retain Air India's international bilateral flying rights for only six months which may dis-incentivise potential buyers if the rights are re-allocated to other airlines after that

Top 10 business headlines: Ambani vs Chandra, SBI Cards IPO, and more

The much-awaited initial public offering of SBI Cards and Payment Services, a subsidiary of State Bank of India, will open on March 2, confirms its prospectus

Tata Motors' Jaguar Land Rover shelves plan to sell bonds to raise cash

Jaguar hired Bank of America Merrill Lynch to meet investors in the US last week ahead of a potential sale of new bonds, and days after warning the deadly virus outbreak was impacting its supply chain