Page 3688 - Company News

Despite immediate challenges, HCL Tech a good bet for long-term investors

However, once the macro situation improves and the IBM deal delivers on growth and margins, HCL Tech could be a good bet

FIDC bats for liquidity window for NBFCs via banking channels for one-year

The FIDC has asked the RBI and the government to allow NBFCs an on-tap facility for issuance of NCDs to the retail market

Supreme Court green light to end Adani-Gujarat power purchase agreement

Adani's contention was that GMDC, again a state government entity, did not develop the Naini coal block

AB InBev's sale of Asia-Pacific unit can raise $9.8 bn in Hong Kong IPO

The Hong Kong IPO consists of 1.63 billion shares of Budweiser Brewing Company APAC Ltd. offered at HK$40 to HK$47 each, according to terms of the deal obtained by Bloomberg on Tuesday

Tata Communications managing director and Group CEO Vinod Kumar resigns

Kumar joined Tata Communications in April 2004

Spotify tunes into Bollywood pitch, ropes in Anil Kapoor for TV campaign

The global music streaming app is doing what a number of global brands navigating their way through the country's complex consumer landscape have done but at the risk of losing its unique identity

Commercial vehicle sales seen growing 7-9% this year; FY21 outlook muted

The outlook for 2020-21 remains subdued in the absence of clarity on implementation of the proposed scrappage policy

When tech is the target: Cybercriminals look for chink in IT firms' armour

According to experts, despite cybersecurity being a top concern for these organisations, there is only so much they can do to escape cybercriminals

From Hero MotoCorp to TVS, two-wheeler sales remain in reverse gear

Auto companies in India count dispatches to dealers as sales

Ola Electric turns unicorn with SoftBank's $250-million investment

The funds will help expansion plans, fight with rival Uber

Cash-starved DHFL likely to get fresh line of credit from lenders

The consortium of lenders led by Union Bank of India discussed various modalities to ensure that their exposure to DHFL doesn't run into further stress

ED summons chief rating officers of ICRA and CARE in IL&FS probe

The officers have been asked to appear before the agency on Thursday in its Mumbai office

After cool FY19, Voltas set to beat summer heat on AC sales boost

Channel checks by brokerages have pointed towards higher sales, which have helped reduce channel inventories

Pharma companies are focusing on profitable brands, say analysts

Top 10 brands (of a company) account for more than 20 per cent of their domestic revenue in the case of most, analysts said

L&T pays Mindtree shareholders who tendered shares in open offer

The infrastructure major's open offer - at Rs 980 a share - began on June 17 and concluded on June 28

PNB scam: Singapore HC freezes Nirav Modi' sister's bank account

The high court had ordered freezing the balance of $6.122 million (Rs 44.41 crore) on the request of the Enforcement Directorate (ED)

Reliance Jio content play racing ahead of incumbent telcos, says report

While data monetisation remains a concern across the country with highest data usage, Jio is making some headway in this space

SC rejects DoT plea against TDSAT order on RCom's past liabilities

TDSAT had held liability of past dues only with RCom and not buyer of 800 MHZ spectrum

Jaypee Infra resolution back on drawing board as banks reject NBCC bid

NCLAT calls stakeholders on July 17 to discuss NBCC plan again, says no other plan should be considered for now

Posco inks Rs 5,000 cr MoU to lift one mn tonnes of HR products from Essar

MoU is the fourth such signed between the two firms; Posco says pending matter over Essar Steel's ownership hasn't impacted supplier's performance