Page 3590 - Company News

Peak investment cycle for Indian telecom companies is over: Analysts

Investments for Jio complete, Airtel towards lower capex spend, Voda Idea capex slows

CG Power investors, lenders seek tycoon Gautam Thapar's removal as chairman

Thapar has 8,574 shares out of 62.6 crore shares of the company

The power of language: Southern states fire up the regional grid for M&E

Language viewing cuts across traditional and new media

NiYO raises the fintech pitch by launching SME banking, global forex card

The neo-banking start-up recently raised $35 million in Series B funding led by Horizons Ventures, Tencent and JS Capital LLC

How social impact companies may help tap impact investment funds

The high-level committee on CSR recently released a report that recommended the creation of a new class of companies called social impact companies (SICs) under the CSR framework

NCLT starts insolvency proceedings against realty firm Today Homes Noida

Today Homes Noida Ltd had contended that UP-RERA has extended its timeline till June, 2021 to complete the Ridge Residency housing project in sector 135, Noida

Toyota to continue diesel models in India, expects demand to continue

The company has even invested in a plant in India to make diesel engines which is capable of manufacturing diesel BS-VI engines with minimum investment

Paytm Money expects market share in direct MF to go up to 50% in 6 months

Currently, its market share stands at around 40% of total such subscriptions

Drug regulator making list of dual-use APIs imported from unregistered cos

The CDSCO is strictly monitoring the import of such dual-use APIs for the last few months so as to get an idea on what kind of action should be taken

Birlasoft working on stabilising structure after merger with KPIT

The two companies underwent a merger and demerger, resulting in the creation of separate and publicly listed entities KPIT Technologies and Birlasoft

195 firms owe Rs 13 trillion to lenders, borrowings exceed market-cap

These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt

Smartphone firms storm smart TV market, thanks to low data tariffs

Smart TVs have pre-installed OTT apps and other offerings which serve as a distribution channel for OTTs and earn revenues for the TV brands

300 fresh pharma unit applications up for approval in Gujarat: FDCA

As per the state FDCA commissioner, the state has benefited from the introduction of GST

Sitharaman's sops likely to spur motor insurance companies' growth

The enhanced depreciation is expected to motivate vehicle makers

Automakers welcome govt sops but are divided on festival season impact

Most agree, though, on the long-term benefits that the measures will bring in

Biocon looks to derive sales from US, EU to break even at Malaysia unit

According to an Edelweiss report, investments would pick up at the company subsidiary in the current financial year

US-based WeWork plans co-working spaces at just Rs 5000/month in Mumbai

Wework is also, according to people with knowledge of the matter, looking to launch such economical desks in Delhi and other cities

Fraud-hit CG Power to sell properties by FY21, use proceeds to repay debt

The proceeds from the sale (land and CG House) are likely to be used for repaying part of its debt and meeting its working capital requirements

Nithia Capital identifies Indian stressed steel assets for acquisition

While Nithia has zeroed in on about 15 assets, only some are expected to materialise

New tariff plan paints grim prospects for lifestyle, travel, niche channels

Trai Consultation paper released last week seeks to clampdown on bouquets