Page 3362 - Company News

HDFC to raise Rs 5,000 cr via bonds to shore up long-term capital needs

The issue size of the bond issue is Rs 3,000 crore with an option to retain oversubscription up to Rs 2,000 crore

Birlasoft's CFO Rajeev Gupta tenders resignation, reason not specified

"The company is in the process of appointing a new CFO and the same will be communicated to the stock exchanges in due course," the filing said

Dr Reddy's gets nod for amalgamation of Dr Reddy's Holdings into company

21,026 votes, which accounted for the rest 0.02 per cent, were posted against the resolution, it added

Amid promoter spat, InterGlobe Aviation to hold shareholder meet on Jan 29

The meeting is being convened following request by co-promoter Rakesh Gangwal and related entities who together hold 36.64% stake in the company

IndiGo to start daily flights on six UDAN routes in next two months

The flights will be to and from Prayagraj-Gorakhpur, Aizawl-Agartala and Varanasi-Bhubaneswar

Hospitality firm Hotel Leelaventure changes its name to HLV Ltd

The memorandum and articles of association of the company stands amended pursuant to change of name of the company, it added

Dovetail 'cost of business' with 'ease of doing business': Tata Steel CEO

He said that will give a fresh impetus to the manufacturing sector and make it more competitive

Brand persuasion: How firms lean on influencers to rope in loyal customers

With brands of all sizes, and across categories, leaning heavily on influencers, the world of online persuaders is in for a makeover

Bank of Baroda raises Rs 920 cr via private placement of Basel III bonds

The issue which opened on Thursday and closed the same day, saw a total of 11 allottees through private placement of bonds, the bank said in a BSE filing

Hero sharpens focus on Bangladesh, other high-growth mkts to boost volumes

As a new entrant, Hero will have to keep pursuing the Nigerian market despite a significant shrinkage in size, says Pawan Munjal

Hero MotoCorp: Re-rating hinges on scooter, premium bike growth

Rural demand will give a boost to overall volumes of the company

Hero MotorCorp invests Rs 20 cr in two-sheeler start-up Ather Energy

The company's first electric scooter is expected to be ready by mid-next year

Hero to focus on scooter, premium bikes segments to boost growth

The firm indicated the impact on profitability from higher commodity costs was contained on the back of price hikes and cost management measures

Hero MotoCorp tops best selling two-wheeler list in Nov; 4 models in top 10

Hero MotoCorp's Splendor was the best selling model last month. It sold 2,25,536 units in November as against 2,25,737 units a year ago

Hero launches three premium bikes; starting price is Rs 94,000

With the three new bikes, Hero MotoCorp now has four models in the X range

Two-wheeler makers are exploring new ideas to keep going as sales flag

The opportunity is immense - the shared two-wheeler mobility market has touched 15 million daily trips already

Hero MotoCorp asks govt for phased GST reduction to avoid revenue losses

The two-wheeler market in India is pegged at around 20 million units per year with lower than 150-cc bikes accounting for the bulk of sales

Hero MotoCorp launches first BS-VI compliant Splendor iSmart at Rs 64,900

This marks the commencement of the transition of Hero MotoCorp's product range to BS-VI norms, Le Masson added.

Hero MotoCorp declares interim dividend of Rs 55 per share

Shares of Hero MotoCorp closed at Rs 3299.40 apiece, down 0.65% on BSE

Hero MotoCorp raises prices by up to Rs 2,200

Company sales dipped 3.49% to 5,91,306 units last month