Page 3457 - Company News

Reliance Capital shareholding in RGIC transferred to IDBI Trustee Services

Meanwhile in another filing, Reliance Capital said interest and principal obligations in regards NCD due on Monday has been delayed

Telecom companies' stocks may continue their surge, thanks to Reliance Jio

Tariff hikes may not be across the board but in a few key segments, say experts

DHFL default cases land in Supreme Court as fixed-deposit holder files plea

A special leave petition in the SC was filed on Monday and it is expected to be listed in the next few weeks

Distress in Karnataka, NMDC gets 'mining lease' breather in Chhattisgarh

Wary of Karnataka development, NMDC started the exercise to avoid any unfavourable precedence to be set that could jeopardise its lease renewals in other states

NCLAT gives Sterling promoters 30 more days to settle creditors' dues

The NCLAT had said it will not come in the way of the individuals such as promoters and directors

Haldiram's, Vedanta among those in fray to acquire Videocon group companies

Currently, 13 companies of the consolidated group are under insolvency proceedings, including Videocon Industries, Videocon Telecommunications, and Electroworld Digital Solutions

Metal companies may trim capex further to avert cash-flow mismatch

Tata Steel has revised its planned capex for 2019-20 to Rs 8,000 crore, from the earlier Rs 12,000 crore

Voda Idea, Airtel lost over 4.9 mn users in Sep; Jio and BSNL gained: Trai

Bharti Airtel lost 23.8 lakh users in September to take its total user base to 32.55 crore

Shree Cement launches Rs 3,000-cr QIP, fixes price at Rs 19,806 a share

Promoters currently hold 64.79 per cent in the company, while foreign portfolio investors have an 11.88 per cent stake.

Expansion plans, new formats help Tata Starbucks grow 26% in Sep quarter

Seven years after its entry into India, Tata Starbucks' consumer connection score is at an all-time high

Saudi Aramco IPO: 25 banks hired as bookrunners face pared pay of $90 mn

The banks will be paid 35 basis points of the money raised, according to the three sources

When Saubhagya made mini grid projects redundant, Tata Power capitalised

Off grid systems are not connected to the mainline power network. They generate and distribute electricity locally

Xiaomi expects half of its sales to come from offline stores by end of 2019

The company is looking to expand its offline market presence in India by doubling the number of its retail stores from the present 10,000 in near future

Food delivery battle: Zomato denies any merger talks with rival Swiggy

The Zomato spokesperson further said that the latest "speculation is absolutely untrue". Swiggy, however, refused to comment on the report.

Shapoorji Pallonji group subsidiary announces plan to list Eureka Forbes

The company's board has authorised the management to evaluate any such scheme in this regard, Forbes & Company said in a regulatory filing.

Voda-Idea presses for Rs 7,000-cr tax refund; I-T hesitant in view of AGR

The company has got favourable rulings from High Courts and appellate tribunals in some and is now pressing the department to quickly refund the dues

Google unveils cloud acceleration programme for enterprises on SAP platform

The Cloud Acceleration Programme is an evolution of Lighthouse

Weak corporate earnings in H1 FY20 reflect overall economic slowdown: CARE

The growth in power and fuel cost witnessed a significant moderation from 16.5% in H1 FY19

From Mphasis to Mindtree, mid-sized IT companies focus on fewer verticals

Companies such as Virtusa have good presence in the BFSI segment, NIIT Technologies has steadily built strong capabilities in aviation

Mid-cap IT firms stumble through Q1 over client pressure, H1B visa costs

Barring Mphasis, the performance of most companies has been lacklustre, as client spending took a major setback for these vendors