Page 3636 - Company News

Tale of the treacherous trio: How Amrapali owners diverted homebuyers money

The promoters had diverted over Rs 5,000 crore through bogus methods like loans and advances between group firms at inflated rates and unaccounted transfer of funds to the promoters.

Amazon in talks to buy upto 26% stake in Reliance Retail: Report

Talks began after Reliance's negotiations with China's Alibaba Group to sell a stake in the retail entity fell through due to differences over valuation

Coffee king Siddhartha's death exposes India's mounting debt crisis

Siddhartha's death marks a tragic turn for an admired member of India's business elite and an executive closely connected to the highest echelons of the political sphere

V G Siddhartha's death an eye-opener on how weak an Indian entrepreneur is

The government, staring at a fiscal hole equal to an entire percentage point of GDP, isn't likely to let up on squeezing Indian business

From sector-wise allocation to key deals: A snapshot of PE activities

The top five deals this year accounted for 38.62% of the total investments in terms of deal value

Apple clocks double-digit revenue growth in India; iPhone shipment up 19%

iPhone shipments fell 11% in the quarter globally

Invesco Oppenheimer buys 11% of Essel group's stake in ZEEL for Rs 4224 cr

After the additional stake buy, the fund's shareholding in ZEEL will rise to 19 per cent, while the promoters' stake will come down to 25 per cent

Debt profile worsens for V G Siddhartha's unlisted private companies

The financials of six privately held companies associated with Siddhartha show an increase in debt and falling ability to meet short-term obligations

CCD board to probe Siddhartha's transactions, plans to monetise assets

Appoints S V Ranganath interim chairman

FMCG stocks seen as safer bet as prospects in other sectors not encouraging

Even after six months of moderation in consumption, the average current valuation of major FMCG players is still at a premium

Sanofi: Strong domestic portfolio keeps Street positive amid pricing pain

Analysts at Elara Capital say the company's portfolio being skewed toward the high-growing chronic products, coupled with its leadership position in basal insulin, gives it an edge over its peers

Family, friends bid farewell to V G Siddhartha, the coffee tycoon

Crowds thronged to pay homage to the billionaire entrepreneur at the Wenlock Hospital in Chikkamagaluru

Buybacks of shares least preferred mode of exit for private equities

In 2018, the most popular mode of exit for PEs was strategic sale through merger & acquisition

Replacement segment gives smooth ride to Apollo Tyres amid auto slowdown

Slowing auto sales, higher commodity costs remain major areas of concern

Bournvita finds its way around wellness track as it plans brand expansion

Given increasing consumer concerns over a healthy lifestyle, the company sees potential in expanding the brand's health promise into new forms and areas

Siddhartha's family may accelerate CCD sale process; Coke already in talks

Tata Global Beverages, Jubilant FoodWorks likely to step in

DSP Mutual Fund takes 50% haircut; CCD group firms ask for 2 weeks

The haircut led to a 1.3 per cent hit on the net asset value of DSP Credit Risk Fund, which held these debentures

Railways, DoT on different bandwidth over 700 Mhz spectrum allotment

The transporter wants premium spectrum for free; govt reluctant to lose revenue

Banking on Phase 5 project, DLF provides sales guidance of Rs 2,700 cr

DLF has earmarked a capital expenditure of Rs 200 crore this year for its Chennai project

India Inc worried over three-year jail provision for violation of CSR norms

According to new CSR norms, a company has to earmark a part of its profit towards social activities and transfer all unspent amount into an escrow account (if it is an ongoing project)