Page 3361 - Company News

And now, Ratan Tata moves SC against NCLAT order restoring Cyrus Mistry

The Chairman Emeritus said Mistry was not hired as representative of Shapoorji Pallonji group

Adani Ports to acquire 75% stake in Krishnapatnam Port for Rs 13,572 cr

Company could now set eyes on NCLT-listed Dighi Port, say analysts

Suzlon Energy to offer India banks 68% haircut on debt restructure deal

The fresh proposal follows an assessment by Suzlon's rating company, on how much debt can be sustainably recast. A meeting with creditors is planned for next week, one person said

TikTok gets most user info, content removal requests from India

According to the company's first transparency report, TikTok received 107 total requests (99 legal and 8 emergency) for 143 user accounts between January and June 2019 from India.

Hyundai Motor India opens bookings for upcoming compact sedan Aura

HMIL Director - Sales, Marketing & Service, Tarun Garg said the company is beginning a new decade with the commencement of bookings for the Aura

TVS Motor unveils new 125 cc race edition scooter in Sri Lanka

The launch of the scooter witnessed a huge turnaround in the Sri Lankan scooter market, TVS Lanka CEO Ravi Liyanage said

Renault India sales increase 64.73% at 11,964 units in December

The company had sold 7,263 units in the same month a year ago, Renault India said in a statement

Kia Motors hikes prices of SUV Seltos by up to Rs 35,000 across variants

The price hike is in the range of Rs 25,000-35,000 across various variants of Seltos, Kia Motors India said in a statement

OYO: Toxic culture, troubling incidents reported at SoftBank's India jewel

Oyo is part of a group of prominent start-ups that have sprinted to get as big as possible, fed by money from large investors such as the Japanese conglomerate SoftBank

Coworking centre operators likely to double or treble in 2 years: Anarock

In the coworking space, top seven operators - Cowrks, WeWork India, Awfis, Regus, Smartworks, 91springboard and OYO Workspaces - have more than 350 centres across cities in the country

Amid promoters' spat, IndiGo's Rakesh Gangwal calls for EGM on January 29

The duo, together holding 75 per cent stake, is credited with building a successful airline, which at present is worth about Rs 64,627 crore-many times more than the promoters' initial investment

Reliance Infra's total financial indebtedness at Rs 6,073 cr at Dec-end

The filing showed that the total amount outstanding was Rs 4,597.06 crore

Family rift over asset settlement out in the open at Murugappa Group

Daughter of former group patriarch says will explore all options if not treated fairly on asset settlement

P&G in tough spot as focus on revenue growth leads to compromise on profit

The gain was largely on account of the tax cuts announced in September. On the operating front, however, the key metrics look weak both on the revenue and margin fronts

Domestic airlines staring at headwinds over rising oil, US-Iran tensions

Brent crude oil price surged 4 per cent on Friday, following tension between Iran and the US

The top five: These are the world's safest and most punctual airlines

Qantas Airways was named safest airline in the world on a top-20 list published by AirlineRatings.com

Committed to grow the right way: Oyo responds to reports of irregularities

Oyo says it is investing in technology to ensure reconciliations happen faster and expects all owners to partner in delivering superior guest experience

Repayment default: Peninsula Land blames it on delayed rent from tax dept

At present, the company's total debt including short-term and long-term facilities stand at Rs 1,630.65 crore and it owes Rs 999.74 crore to banks and financial institutions

NCLAT won't change its judgment in Tata Sons case; will clarify RoC's role

RoC counsel told the Tribunal that they were merely following orders of the NCLT

JSPL to focus on Housing and Railways; aims to become debt-free by 2023

Firm is looking at a 50% demand growth coming from housing segment, eyes 25% uptick from Railways