Page 3374 - Company News

Explained: Why sugar-producing firms' stocks are in a favourable cycle

Reducing sugar surplus, rising ethanol procurement, and potential for exports bode well

Sustained growth needed for Rallis' stock to rerate, regain market share

The company, however, is planning to launch two new products every year till 2022. It expects the launches to help perk up the sales graph.

Embassy REIT: Rental revision, project pipeline, client base growth drivers

Given that market rents are 30 per cent higher than the current rents that tenants pay, there is significant room for increasing rates for expiring leases.

Voda idea, BHEL, ZEE see sharp wealth erosion as investors lose Rs 5 trn

The companies that have seen sharp erosion of market wealth include YES Bank, Indiabulls Housing Finance, Zee Entertainment, Vodafone Idea, and Bharat Heavy Electricals

HDFC to mop up Rs 2,500 crore by issuing bonds on private placement basis

The secured redeemable non-convertible debentures are to be allotted on a private placement basis on Friday for an issue size of Rs 2,500 crore, HDFC Ltd said in a regulatory filing on Tuesday

NTPC, world's top rated power stock, seen recovering from 10-month low

NTPC trades at 8.5 times projected earnings for the next fiscal year, the fourth-cheapest among members of India's S&P BSE Sensex

NTPC plans to switch to a 2-part tender process for solar power projects

The move was part of a plan to have such projects with no advance PPA with any state or discom

Dilip Buildcon bags Rs 1,362.06-crore road project in Uttar Pradesh

The project entails the development of Bundelkhand Expressway (package-VI) from Bakhariya to Kudrail in Uttar Pradesh.

Mittal, Ambani set for knockout in 2020 heavyweight telco champion's title

It's been a bruising battle but Mittal has managed to remain standing without conceding much market share to his rival and keeping his debt under control

No govt nod to Bharti Infra, Indus merger; deadline extended by 2 months

The merger proposes to create a company with over 163,000 towers having received clearance from the Chandigarh Bench of the National Company Law Tribunal in June, this year

Former Uber CEO Kalanick to resign from company's board next week

Uber turbocharged the gig economy and since 2010 has logged 15 billion trips. Kalanick was ousted as CEO in the summer of 2017 with the company mired in numerous lawsuits

ByteDance weighs selling stake in TikTok after US claims security threat

ByteDance has emerged as the world's most valuable startup on the explosive popularity of TikTok, where more than a billion, largely young, users share short clips of lip-syncing and dance videos

I-T dept to move SC against Reliance Jio's plan to sell stake in tower arm

NCLAT had rejected govt argument that the move was illegally aimed to evade tax payment

CBI books ex-Maruti MD Jagdish Khattar in Rs 110-crore loan fraud

Khattar, a former IAS officer had joined then government-owned Maruti Udyog in 1999.

Foodpanda reports a net loss of Rs 756 crore, revenue of Rs 82 cr for FY19

The significant increase in expenses from the last year is contributed by discounts provided and delivery charges incurred," said Anchal Agarwal, CEO, Tofler

Total frauds at banks rise 74% to Rs 71,543 crore in 2018-19: RBI

The number of fraud cases reported by lenders also jumped to 6,801 in 2018-19, compared to 5,916 cases in 2017-18

DGCA to inspect GoAir's A320neo planes' PW engines, used for over 3000 hrs

The decision came after PW engine of a GoAir A320neo plane flying from Guwahati to Kolkata faced a mid-air snag on Monday

Piaggio introduces fuel injection tech with BS-VI norms in Vespa, Aprilia

The BS-VI variants and models are on sale from Tuesday, the company said in a release

Thermal power plants record 2% dip in electricity generation

Overall electricity generation in the country from all sources inched up 1.15 per cent till October end of FY20

Sebi asks InvITs to file draft papers 30 days before opening of issue

The draft placement memorandum shall be filed through a Sebi registered merchant banker, the markets watchdog said in a circular