Page 3314 - Company News

A $21-billion telco war comes down to $2; consumers jump into the fray

The country's broken financial system would take a fresh hit; new 5G networks could be delayed; and the government's annual revenue from the sector might get squeezed

Essel Group's NBFC arm sells Rs 145-crore MSME loan book to Adani Capital

The Essel Finance has a secured loan book of around Rs 145 crore comprising 1,100 customers, employs 40 and present in 10 cities, a statement from Adani Capital said

Telcos to miss Jan 24 AGR deadline, wait for 'modification' plea hearing

Jio had not been party to the review petition and had a different stance on the matter

Ceat Q3 consolidated net profit rises marginally at Rs 52.5 crore

The company had posted a profit of Rs 52.25 crore in the same period a year ago, Ceat said in a regulatory filing

Budget 2020 wishlist: Here are the key challenges for real estate sector

Although residential sector continues to face head winds, there could be opportunities brewing in the distressed space

Govt eyeing asset monetisation to make up for the disinvestment gap

Disinvestment in blue chip Bharat Petroleum Corporation (BPCL) is in all surety not happening this year, as also Air India sale

HCL Technologies CEO C Vijayakumar to chair WEF Governors community

The Forum's IT Governors community convenes CEOs of the world's top information technology (IT) companies in order to help them responsibly shape the future of their industry

Bharti Airtel set to gain from 100% FDI; stock hits 11-year high

In addition to the financial muscle, Singtel's expertise in next-generation technologies should also help Bharti Airtel. Singtel is expected to roll out a nationwide 5G network in Singapore

Growth concerns amid the economic slowdown hit Polycab India stock

Firm trading at 19x its FY21 earnings, with peers trading at 35-45x

Asian Paints: Little scope for a sharp recovery in near-term revenue growth

Valuations of 50x FY21 estimated earnings are rich

Tesla value surges to $100 bn, tops VW; triggers payout plan for Elon Musk

In 2019, Tesla sold some 367,000 vehicles, a rise of 50 per cent from the prior year

Davos 2020: Tata group leads the Indian league of brands in Global 500

11 Indian brands make it to the 2020 Brand Finance list, up from 9 last year; all except Airtel rise up the ranks

BSNL targets 1 lakh wireless broadband customers from rural areas

The connections will be sold through a partner registered with it and the broadband service will be provided using wi-fi frequency range using free radiowaves

Government nominee directors appointed on board of crisis-hit Unitech

On Tuesday, Unitech's newly appointed chairman and managing director (CMD) Yudvir Singh Malik assumed office

New York's Interups plans to acquire assets worth $8 billion in India

If all the transactions conclude successfully, Interups said it would earn $80-$100 million in gross cash revenues, excluding any equity value earned

Guenter Butschek high on upgrades to boost Tata Motors' car business

On Wednesday, the carmaker entered the premium hatchback segment with the Altroz

Punit Goenka to remain Zee Entertainment chief, remuneration to be reviewed

Punit Goenka, managing director and chief executive officer of ZEEL, will continue in his role, even as his remuneration is being reviewed by the board

Big-box retailers turn to small stores amid soaring rentals, red tape

Ikea is not the only one moving away from large-format stores

SpiceJet profit likely to take a hit due to delay in induction of 737 MAX

SpiceJet had 13 Boeing 737 Max in its fleet (and 155 planes of the type on order), which were grounded following a global ban last March

Piramal Realty to foray into development management biz, value housing

Under development management, a developer takes care of the design, construction, marketing, and sales of a project for a fee from the original landowner/developer