Page 3584 - Company News

HPCL-MRPL merger next year; not right time for OVL listing, says ONGC chief

The largest hydrocarbon producer in India has lined up capital expenditure of Rs 32,921 crore during the financial year 2019-20, compared to Rs 29,449 crore during the previous fiscal

Bacardi Reserva Ocho, the rum with a golden touch, is now in India

Rum can be luxurious. Veenu Sandhu finds out how, through a blend until recently consumed only by the Bacardi family

NRAI hits out at Zomato for plans to bring Gold scheme to delivery vertical

The association said it deliberated on eight critical issues pertaining to the online delivery space on Thursday with Zomato and Swiggy

NTPC commissions first ultra-super critical 660 Mw unit in Madhya Pradesh

Plant runs at 41.5% efficiency, 3.3% higher than conventional super critical units, use less coal per Mw than conventional thermal power unit

CG Power board removes Gautam Thapar as chairman with immediate effect

The statement said the decision was in cognizance of the current situation being faced by CG Power and the recent developments

More than 40 global brands may go online soon in India after FDI reforms

Brands hope for volume sales even before setting up physical stores

Demand woes, downgrades keep sheen off steel industry, say analysts

Low realisations, higher input costs and imports have added to worries

Adani Enterprises plan hits air pocket in Kerala govt vs Centre row

Last November, the government decided to privatise six airports, including Trivandram, through a PPP model

Stimulus package not enough to stop auto sector decline: Fitch Solutions

Fitch said the strongest stimulus measure by the govt is its move to increase liquidity in the shadow banking sector, which is the largest contributor to the current contraction in vehicle sales

Essel Infra to sell solar assets to Adani Green Energy for Rs 1,300 crore

The sale of solar assets is expected to further reduce promoter debt for the group, which was at Rs 6,776 crore

Moody's Indian arm ICRA terminates MD and Group CEO Naresh Takkar

According to sources, the decision of Takkar's termination follows the findings of an internal inquiry, which was initiated by the agency in May

MTR spins its 90-yr-old legacy to keep up with health-conscious consumers

The 90-year-old food brand adapts to smaller households, looks to balance health with taste and convenience to tip the millennial scales

Store expansion, strong Q1 numbers enhance growth outlook of pricey Trent

Top line to get a boost; margins may face pressure in near term

Icra terminates services of MD and CEO Naresh Takkar with immediate effect

The ICRA board will commence search for a replacement

Apple stores in India? iPhone maker says its plans will 'take some time'

For Apple, India is an important market and the company has been looking for easier norms to set up fully-owned stores like in other parts of the world

New FDI norms: Key online media companies feel the pinch of 26% cap

While none of the players are likely to be happy with the move, some say more clarity is needed on the matter

Tiger Global, WestBridge Capital lead $42 million funding round in Vedantu

Funds will be used to scale operations, expand learner base and deepen investments into tech and content

A first in 10 years: Aditya Birla group slips into red as Voda Idea bleeds

Group firms make combined losses of Rs 6,134 cr in FY19, but excluding Voda Idea net profit was Rs 8,470 cr

Mastercard continues to battle rising challenge of digital fraud

As businesses go digital, mitigating cybersecurity issues remains prime focus for the company

ONGC plans to borrow $2 billion through overseas debt programme

The funds so raised can be used to repay about Rs 15,000 crore of the company's existing borrowings, fund acquisitions or meet project/asset expenses