Page 3311 - Company News

Withdraw draft resolution plan of management: DHFL to stock exchanges

DHFL is now under corporate insolvency resolution process as per IBC

ED arrests DHFL's Kapil Wadhawan in Iqbal Mirchi money laundering case

At present, DHFL is undergoing proceedings under the insolvency law.

Budget 2020: Toyota seeks scrappage policy, income tax relief on vehicles

The auto industry is willing to share its portion towards realising such scrappage policy, which will eventually have a more sustainable impact on the environment, he added.

PFC lists $750 million bonds at NSE IFSC; increases foreign borrowing

Looking at resolving 4 more stressed power assets this fiscal

Transparency, supporting new ideas will help attract young viewers: MTV

Do-it-yourself viewers want brands to be transparent and responsible and are more likely to plug into shows that spark change

Air India, its arms great assets, buyer will use iconic brands, says Puri

After failing to attract a single bid in 2018, the government has this time sweetened the offer.

Cholamandalam Investment opens QIP with floor price of Rs 322.59 per share

The company said that it may offer a discount of not more than five per cent on the floor price so calculated for the issue

Delhi HC dismisses bail plea of Bhushan Steel ex-CFO Nittin Johari

The verdict by Justice Brijesh Sethi came after the Supreme Court set aside the bail granted to Johari by the high court in August last year and asked it to hear the matter afresh

Daimler India rides on BS-VI line up for higher market share in 2020

Daimler India is taking on rivals Tata Motors and Ashok Leyland with its BS-VI line of vehicles

Google Pay leads UPIs in digital payments, Amazon Pay most favoured wallet

All the findings in this report are based on transactions held on the Razorpay platform from January 2018 to December 2019

IndiGo redesignates Ronojoy Dutta as whole-time director & CEO till 2024

Dutta, who is currently the CEO, has been redesignated with immediate effect and his term in the new role would be valid till January 23, 2024, according to a release

Sheroes offers social commerce, credit; aims to become 100 mn women network

Founded in 2014 by entrepreneur Sairee Chahal, Sheroes network has become one of the largest employment generators for women in the country

Amazon takes cue from Alibaba's India playbook to beat Reliance, Flipkart

Amazon is also going to invest a large chunk of the capital to build the supply chain for its grocery and food category.

NCLT extends immunity to new board-appointed members at IL&FS firms

The earlier order extended immunity to directors appointed by NCLT, also known as the 'New Board'

Dr Reddy's posts Rs 570-cr net loss due to heavy impairment charge

Firm takes a Rs 1,110 crore hit with generic versions of its Nuvaring drug hitting the market; financial results run completely contra to analyst expectations

Jindal Defence in JV with Brazil's Taurus Armas for making small arms

Initial investment of $5 million, production to start by September

Brookfield eyes co-living spaces; in talks with MIAL to lease 15 acres land

Brookfield owns over 25 million sq ft of commercial property in Mumbai and other cities. It also bought Hotel Leela's assets last year for Rs 3,950 crore

Auto slowdown due to loan related issues, BS-VI transition: Tata Motors

"The sluggishness of the vehicle market in the country is going to be short-lived. We hope that sales of passenger vehicles will record pace by July-August before the festive season," Tata Motors said

Bhagat Singh, Gandhi, Netaji favourite freedom fighters on R-Day: ShareChat

The platform also recorded over 10 million WhatsApp shares of the content created by users

ED arrests DHFL CMD Wadhawan for not cooperating in Mirchi PMLA case

Mirchi, who died in 2013 in London, was alleged to be the right-hand man of global terrorist Dawood Ibrahim in drug trafficking and extortion crimes