Page 3394 - Company News

CBI files 6 charge sheets against Zoom Developers in Rs 558 cr bank frauds

Oriental Bank of Commerce, erstwhile State Bank of Hyderabad, Allahabad Bank, Vijaya Bank, Corporation Bank and Andhra Bank suffered losses in these cases of fraud, they said.

Myntra eyes 18 mn festive-sale users, prepared for 12,000 orders per minute

To cater to the growing demand, Myntra has doubled its inventory over December last year

ArcelorMittal and Nippon Steel complete acquisition of Essar Steel

ArcelorMittal announced that Aditya Mittal, president and CFO of ArcelorMittal, had been appointed chairman of AM/NS India and Dilip Oommen, the CEO

GAIL, GETCO move NCLT seeking rejection of ArcelorMittal's Essar Steel bid

Aggrieved by ArcelorMittal's resolution plan, GAIL and GETCO filed separate interlocutory applications in the Ahmedabad-bench of NCLT

Why the Essar judgment has scored a win above all for common sense

The verdict will rekindle hope in the integrity of India's bankruptcy process, but it will take a lot more work to allay concerns about its effectiveness

Essar Steel lenders may get more than Rs 42,000 cr from resolution process

Lenders and ArcelorMittal have mutually agreed to appoint Grant Thorton for an audit of Essar's Ebitda

Tamil Nadu's SEZ in comeback mode with big-ticket investment commitments

Investments by two mobile component manufacturers in the SEZ that disintegrated after the freeze on Nokia plant have brought fresh hope to the state

Reliance Jio tower assets sold to Canada's Brookfield for Rs 25,000 crore

Reliance Jio lnfratel has a portfolio of about 130,000 telecom towers that form the backbone of Reliance Jio Infocomm's network

NCLAT dismisses ArcelorMittal plea over debt-ridden EPC Construction

The steel major has contended that the resolution plan submitted by it was ex facie a better resolution plan selected by the CoC.

Yamaha recalls 7757 units of FZ FI, FZ-S FI over faulty rear side reflector

The recall is a part of the company's compliance to statutory safety norms and not in connection with any matter related to the vehicle's performance

Govt working on Air India's debt issue to make it more attractive to buyers

The second and the most important learning of the bid process was regarding Air India's accumulated huge amount of debt, which was retained by saleable part of the airline

Star India wins IPL global media rights for Rs 16,347 cr

Among all the individual bids, the highest sum was Rs 15,819 cr

Media rights auction: STAR India ends Sony's IPL innings

To shell out Rs 16,348 crore for next 5 seasons

How STAR India plans to make money from mega IPL rights deal

According to STAR India insiders, viewing one IPL match consumes about 1GB (gigabyte) of data

Tenders for IPL media rights are out, August 28 is last date for bids

Tender documents to be available till August 24

Paytm is Umpire partner, 34 Star India brands to sponsor IPL broadcast

Mobile wallet brand is also Title Sponsor of India Cricket; Vivo, Coca Cola and Jio sign on as co-presenting sponsors

IPL sponsorship: India Cements to continue promoting CSK after comeback

The Chennai franchise was suspended for 2 yrs over spot fixing charges

IPL 2018: Star India, Airtel Digital TV spar over pricing on DTH platform

The Uday Shankar led network had on Friday released a video urging Airtel Digital TV customers to 'make the switch' in order to avail of Star network channels at lower rates

Video streaming platform MX Player becomes top free app on Apple store

MX Player is gaining traction among the Indian audience and currently has 170 million active users in India

Brookfield Infra buys Indian Telecom Towers; deal equity value is $3.7 bn

Brookfield Infrastructure is acquiring a portfolio of approximately 130,000 communication towers that forms the infrastructure backbone of Reliance Jio's (Jio) telecom business