Page 3443 - Company News

Blackstone and Brookfield eye stake in Wadhwa's office portfolio in BKC

Wadhwa group, one of the largest owners of office property in the BKC area, plans to float a REIT after onboarding an investor

Swiss firm Zurich Airport outbids Adani, DIAL to win Jewar airport project

Jewar airport at its full capacity is projected to cater to over 70 million passengers per annum with six runways and will be competitor to GMR- owned DIAL

Nalco banks on long-term raw material security for alumina, aluminium ops

Coal mining to take off in 2020, Pottangi bauxite mine to go on stream in 2023

NTPC to list commercial paper on BSE for an issue size of Rs 1,500 cr

After the process, the effective date of listing of such papers at the exchange will be December 2, the BSE said in a statement

Trent posts 33% revenue growth in Q2, outperforms peers in retail space

Valuation is at a sharp premium to its peers; top line growth is expected to be strong

Property funds are in no hurry to invest in stressed realty projects

The reason: lack of clear legal rules and pricing issues

Mid-level IT jobs to face pressure in 2020; fresher hiring to remain robust

Large IT services companies such as Cognizant, Infosys, TCS and Wipro are looking at reducing their headcount, mostly mid and senior levels

Bharti Airtel planning to raise Rs 21,500 crore to pay AGR dues: Report

The company has informed the bourses that its board meeting on December 4 would consider a proposal to raise funds through issues of equity or bonds

Bharti Airtel board to meet on December 4 to consider fundraising plan

The proposal follows the Supreme Court judgment on adjusted gross revenue

Black Friday sees fewer shoppers in stores as spending moves online

Shoppers also worried that tariffs imposed by President Donald Trump on Chinese imports would make their holiday shopping more expensive

New World Fund sells over 10 mn shares in Adani Ports worth Rs 401 cr

As per September 2019 shareholding data, New World Fund Inc was a public shareholder of Adani Ports and held 2.07 per cent stake

Huawei plans legal challenge over exclusion from federal subsidies in US

The Federal Communications Commission last week branded Huawei and its Chinese rival ZTE as threats to US national security and blocked them from the fund

Jio likely to bag Reliance Infra's tower, optical fibre for Rs 3,600 cr

Bharti Airtel has placed a bid of around Rs 1,800 crore for the same, according to the sources

Did full thrust revving of engines lead to grounding of Indigo's Airbuses?

Climbing at full thrust can help planes burn less fuel, two of the people said

Patanjali secures Rs 3,200 cr loan from SBI, other banks to buy Ruchi Soya

Patanjali said it has got loans of Rs 1,200 crore from SBI, Rs 700 crore from PNB, Rs 600 crore from UBI, Rs 400 crore from Syndicate Bank and Rs 300 crore from Allahabad Bank

OYO's valuation continues to soar despite losses; hovers near $10-bn mark

The losses have reportedly mounted due to the rise in operating expenses fuelled by the company's aggressive expansion in overseas markets

AGR dues: Bharti Airtel to seek board nod for raising funds on December 4

The fund raising proposal follows the Supreme Court judgement on adjusted gross revenue

HCL Foundation invests more than Rs 160 crore in community projects in UP

UP accounts for 2/3rd of the Foundation's activity spend

Skyworth group to invest $100 mn on white goods factory in Telangana

The company proposes to make latest generation Lithium-ion batteries for electric vehicles, air conditioners, refrigerators and washing machines in the second phase expansion, according to the Shenzen

E-tailers jump bandwagon to boost sales with Black Friday offers

From Amazon to H&M, the Black Friday offers flooded people's emails and message boxes on smartphones in the country