Page 3629 - Company News

Credit Suisse downgrades RIL to underperform, reduces target price

The report pointed out that RIL's free cashflow (FCF) has been in negative for six years

Tata Motors cuts pick-up production at Pantnagar plant by 17% to 15K units

The Pantnagar facility manufactures the sub 1-tonne mini-truck Tata Ace series and Intra truck, the small commercial vehicle

Razorpay acquires Gurgaon-based fraud prevention AI startup Thirdwatch

Both companies envision a future where AI will help e-commerce firms not just combat fraud but maintain a competitive advantage and significantly improve merchant profitability.

Telcos performance diverging in face of Reliance Jio's growth: Fitch

The deep-pocketed Jio's entry has so far impacted all the telcos, forcing mergers and also bankruptcy filings

Sebi slaps Rs 1-cr fine on PACL's former director Devinder Kumar

PACL raised about Rs 49,100 cr through illicit collective investment schemes from 1996 to 2014

Sebi crackdown on trading in 331 shell companies blocks investors' Rs 9,000 cr

Several actively traded small-cap firms hit; they claim classification wrong

Sebi orders forensic audit of 2 suspected shell firms

Besides audit, Sebi also barred Kavit's promoters and directors from selling the company shares

Sebi eases rules for lenders buying stake in distressed companies

Exempts lenders from making open offers to shareholders

Sebi panel for more curbs on royalty payouts, information sharing

This, after the corporate battle between Tata and Mistry, where the latter had alleged that boards of Tata cos were sharing info with Tata

Sebi may tighten norms for firms' audit committees

Regulator's board meeting on Sept 18; to take stock of action against 331 suspected shell firms

Listed firms get a breather as Sebi defers order on loan default intimation

Move came against backdrop of govt, RBI stepping up efforts to tackle menace of bad loans amounting to over Rs 8 lakh cr

Sebi bars Skymarg Agro, 5 members from trading; asks to refund public money

SMAIIL issued and allotted redeemable preference shares to 65 investors during 2013-14 and mobilised at least Rs 30.67 lakh

SC to hear Sahara-SEBI case today: Here's the timeline

The Sebi mentioned the matter before a bench headed by Justice Ranjan Gogoi for urgent hearing

Okinawa Scooters cuts prices by up to Rs 8,600 after GST reduction on EVs

At present Okinawa Scooters sells a range of electric scooters priced between Rs 37,000 and Rs 1.08 lakh

Sebi orders Vishvapradhan Commercial to make an open offer for NDTV

NDTV's promoter group made an open offer in 2008, for which they borrowed Rs 5.40 billion from Indiabulls Financial Services to finance this open offer

Sebi deadline for FPIs to give list of beneficial owners extended till Dec

A beneficial owner is a natural person, who ultimately owns or controls an FPI

Sebi to investigate possible leak of company earnings on WhatsApp chats

At least 12 cases of prescient messages about major Indian companies have been posted in private WhatsApp groups

Curbs imposed on Pearls Infrastructure Projects will continue: Sebi

The move comes after the Securities and Appellate Tribunal (SAT) directed Sebi to pass fresh directions in the matter

Sebi fines Tata Steel Rs 10 lakh for delayed disclosure

This disclosure was also required to be made within two working days, but Tata Steel disclosed the rise in stake only on May 13, 2011

Walmart to offer free streaming video on Flipkart Plus, challenge Amazon

Its Flipkart unit plans to unveil the service in coming months