Page 3601 - Company News

Karnataka govt cancels NMDC lease for Donimalai mine, opts for auction

The move also creates uncertainty for future mining renewal in Chhattisgarh, where most of the mines are due for renewal in March 2020

YES Bank stocks remain under pressure as CG power fraud stumps investors

In the last two trading sessions, the stock has shed over 10 per cent with the latest worry stemming from CG Power, a listed company in which YES Bank holds 12.8 per cent stake

With stake sale overhang behind, Mahanagar Gas could see more gains

Analysts remain positive on the company's earnings driven by soft natural gas prices, volume and geographical expansion

Crisis-hit Jaiprakash Associates to appeal against CCI penalty order

The company is in the process of filing an appeal against the order

NCLAT declines interim relief to Deloitte, BSR Associates in IL&FS case

The NCLT Mumbai will continue its scheduled hearing in the case of their alleged role in the IL&FS fraud matter, a three-member bench headed by Chairperson Justice S J Mukhopadhaya said

IL&FS board seeks NCLT nod to sell wind assets to Orix Corp for Rs 4,800 cr

NCLT directed the IL&FS counsel to file a written submission on Wednesday

Oriental Bank links loan to repo rate; SBI announces festive offers

For customers applying for a car loan online through the bank's digital platform like YONO or website, a 25-basis point concession on interest rate can be availed

Eateries may quit Zomato, Swiggy over steep ad costs, deep discounts

Owners say the cost of deep discounting by Zomato, Swiggy falls on them

Facebook users to see, control personal data taken from other websites

The social media site said if a user clears their off-Facebook activity, Facebook would remove the user's identifying information from the data that apps and websites choose to send

Future is over the top: FY19 digital market growth beats every vertical

Factors driving growth of OTTs include a growing digital subscriber base, a spurt in demand for digital content, and digital advertising

Fortis CEO plans to cut spending by 20% to nurse hospital back to health

Even with its bold new plans, Fortis has not yet left its checkered past completely behind

NCLT admits application for initiating insolvency proceedings against HDIL

Insolvency proceedings have been initiated against many real estate developers, including Jaypee Infratech, mainly because of default in loan repayment to banks and delivery of flats to home buyers

Shell exits city gas business in India, sells MGL stake in open market

When MGL was listed in July 2016, Shell and GAIL held 32.5 per cent stake each in the company

SpiceJet to shift its entire Mumbai ops to terminal T2 from October

In the past low-cost airlines were resisting the airport operator's demand to move to T2 citing higher slot charges and the resultant higher operational cost

Emami Agrotech investing Rs 700 crore to increase manufacturing capacity

In the last fiscal year, Emami Agrotech reported a revenue of Rs 12,000 crore led by the edible oils business

Food platforms to tweak menu to 'detox' customers from discount addiction

Food aggregators have agreed to redesign their schemes to rein in deep discounts and asserted that discount is a privilege not a right

Slashing GST rate can help bring back growth in auto industry: Hyundai CEO

CEO Kim said such a positive step was necessary under the current circumstances in order to make "people come forward"

Vivo plans to invest Rs 4000 cr in India, set up new plant in Greater Noida

Vivo has a market share of 21.2 per cent in the Indian mobile handset market and is the second-largest mobile brand in the offline market in the country, company sources said

15 years on, Birla and Lodha still splitting hairs over Priyamvada will

It all began in 2004, when the former chairman of Birla Corporation, Priyamvada Birla, died

EY sets 18-month timeline for merger of three insurance companies

It will also conduct a valuation exercise of the assets of the firms