Page 3505 - Company News

BPCL's Mozambique deal under govt scanner; yet to get approval: Report

Bharat PetroResources Ltd (BPRL), an exploration and production subsidiary of BPCL, had in August 2008 bought a 10 per cent stake in Area-1 Offshore of the Rovuma Block

RIL new digital biz to make platform apps attractive to investors: Analysts

RIL's restructuring of telecom/ digital business raises focus on asset monetisation and debt reduction, says Morgan Stanley

AGR shock for Vodafone-Idea balance sheet as promoters may not fund dues

Promoters unlikely to fund dues; telecom firm will have to raise funds on its own

GVK to sell 79% stake in airport business to 3 investors, raise Rs 7,614 cr

An arbitration tribunal has given the GVK group time till October 31 to deposit Rs 1,248 crore for acquiring Bidvest's 13.5 per per cent stake

Supermarkets outpace traditional trade amid the slowdown: Nielsen data

Rate of growth nearly double that of traditional trade in July-Sept: Nielsen data

Jio's move to charge for off-network calls may help telcos raise tariff

Analysts largely see this as a positive for the sector, saying it will allow Bharti Airtel and Vodafone Idea to increase their rates as well

Railways hails cab aggregators for parking slots; Uber, Ola not interested

Ride so far too costly, say the latter; attempt now to sweeten parking spot deal for the cab aggregators

Online test for independent directors may be counterproductive, say experts

According to the National Stock Exchange database, there are over 5,500 individuals who hold 7,066 posts of independent directors.

Ranitidine cancer threat: Expect more clarity on products in coming weeks

Ranitidine sales account for 2 per cent of Strides sales and 6 per cent of its profit after tax

Cautious but confident, IndiGo betting big on international sector

Despite warnings from aviation experts, IndiGo is taking small but confident steps into foreign sectors

Govt's franchise model in power supply will interest private firms: Experts

However, some say the benefits have not been encouraging and full privatisation might be better

Andhra villagers wary of flames from oil rig, want closure of ONGC plant

Fearful of the flames that have been rising from the oil rig, anxious villagers say they are afraid that it might catch fire and pose a threat to their lives

Sony to sell struggling TV streaming service PlayStation Vue: Report

The company has reportedly recruited Bank of America Merrill Lynch to explore the possibility of selling off its PlayStation Vue streaming service.

GVK to raise Rs 7,614 crore to retire debt of its holding companies

The GVK Group had earlier said it was determined to acquire the 13.5 per cent in Mumbai International Airport Limited owned by South African firm Bid Services Division Mauritius or Bidvest

Thanks to 5G: Remote surgeries, classrooms in every village all on the way

The technology gives a 360-degree view of the interactive classroom, where one can communicate with the teacher and the classmates, all in real time

Infosys turmoil: Employees worry its focus on values is fading

Employees are mostly worried about what impact this could have on their incentive structures or promotions

ED swoop on BPSL has lenders wary of IBC route for debt resolution

The attachment by the ED was made under PMLA and is being legally tested before the National Company Law Appellate Tribunal (NCLAT) at a time when it is in the final lap of resolution under IBC

IIM-C ends summer placements with 136 firms offering jobs to 480 students

Finance and consulting firms accounted for 43.2 per cent of the total offers. Several firms also opened international roles

Dr Reddy's gets 4 observations from USFDA for Srikakulam plant

The audit of the company's API Srikakulam Plant (SEZ) by the United States Food and Drug Administration (USFDA) was completed on Friday, the Hyderabad-based pharma major said in a regulatory filing

Gave car keys to 600 customers across markets on Dhanteras, says Mercedes

German premium car maker Mercedes-Benz on Saturday announced opening of booking for its all-new SUV GLE, which is expected to be launched in India early next year