Page 3534 - Company News

From Thomas Cook to Forever 21, brands fight back as global crises hit home

Can they keep the contagion at bay?

JSW Energy in talks to buy GMR's Odisha power plant for undisclosed sum

If concluded, JSW Energy will acquire a power plant after more than four years. It last purchased two hydro power assets from Jaiprakash Power Ventures for Rs 9,700 crore

Q2 earnings preview: Long rain spells bad news for cement companies

The current financial year has so far been an anomaly for the cement sector with a decline in demand growth seen in Q1

Oyo is booming, and yet some hotels are complaining about its pricing

Oyo charges hotels a roughly 20 per cent franchise fee on room revenues when hotels join its network

Kogta Financial raises Rs 300 cr in round led by Malaysia's Creador

The retail non-banking financial company specialises in secured retail used and new vehicles and MSME financing.

TVS Motor Company's two-stroke engine patent application gets rejected

The decision comes as there is speculation that the govt of Karnataka could ban two-stroke three-wheelers from end-April 2020

CDSL freezes DHFL promoters' holding over delay in announcing Q1 results

Delay in announcing the results could be due to resignation of DHFL's auditor.

Swiggy plans to expand presence to 600 cities, 200 universities by December

The company currently is present in 500 cities and 75 universities, Swiggy said in a statement.

BlackRock names Manish Mehta global head of human resources: Report

Following Smith's departure, BlackRock Chief Executive Larry Fink met with a number of internal and external candidates before settling on Mehta, Fink said in the memo

CCI okays Essel MF acquisition by Sachin Bansal's BAC under 'green channel'

This is the first clearance under the 'green channel' route, a speedier approval mechanism put in place by the CCI.

HDIL directors Sarang Wadhawan, Rakesh Wadhawan arrested in PMC Bank case

Properties worth around Rs 3,500 crore, belonging to HDIL, have also been frozen by the EOW

PMC Bank scam: EOW arrests HDIL's Rakesh Wadhawan, Sarang Wadhawan

ED registers money laundering case in PMC Bank loan fraud

PMC Bank scam: Enforcement Directorate searches Wadhawan's premises

The Wadhawans have 12 cars, including Bentley, Royal Royce, Range Rover, in their name.

Up for sale, Emami Cement seeks valuation of Rs 8,000-9,000 crore

Group seeks to pare debt using sales proceeds; potential buyers feel valuation sought is high

Glenmark stock tumbles to 52-week low on USFDA warning letter to Baddi unit

Plant accounts for 7 per cent of company's US sales; firm says no major pending approvals from unit in the next 12 months

HUL declares war on plastic with cardboard deodorant and bamboo toothbrush

Unilever is tying up with plastic collectors and recyclers in all developed countries and in large developing markets like India

FMCG stares at worst slump in revenue growth in 15 years: Report

According to the report, the slowdown had been brewing since 2016 but was intensified further by several disruptions in the past two years including demonetisation

Huge spike in loan defaults after demonetisation, says Equitas Holdings

The company may have to make further provisioning this fiscal also, on the growing delinquencies

Demonetisation made our shampoo, soaps, biscuits unavailable at stores: ITC

Shareholders expressed grievances that ITC's FMCG products were difficult to locate at super stores

Note ban: 5,800 shell companies under scanner for suspicious deposits

Over Rs 4,574 cr has been deposited since demonetisation in 13,140 bank accounts of these companies