Page 3695 - Company News

Start-up moguls fete Sebi framework on differential voting rights

A differential voting right to founders helps them to have a critical say in the various strategic direction of the company such as mergers and acquisitions, and fundraising, among others

Can Facebook's Libra convince users?

The key to getting the consumers and merchants to use the digital currency will be incentives

Tata Steel Europe says Henrik Adam to replace Hans Fischer as CEO

Hans Fischer to retire as CEO. Leadership changes come after Tata Steel's plans of a joint venture with Thyssenkrupp collapsed.

NMDC terminates contract with BHEL for delay in Rs 1,395 cr project

The Nagarnar steel plan was conceived by the NMDC in 2009-10 and the contract to build raw material handling system was awarded to BHEL on August 1, 2011

Investors oust FundsIndia founders over differences on company's strategy

Stakeholders unable to come to terms on future strategy of company

L&T's stake in Mindtree crosses 60% as open offer is fully subscribed

According to data available with exchanges, against an offer of 51.3 million shares, L&T has so far received bids for 55.4 million shares

Plan to sell state-run carrier Air India still on track, clarifies govt

The govt injected Rs 3,975 cr into the airline in the fiscal year that ended March 31 and hived off some debt and the Ministry of Civil Aviation said on Thursday that the carrier was ready for sale

Asset quality review may have permanently reset banking system NPA

While NPA ratios have sharply moderated in the past two years, they are still way ahead of pre-AQR days

Axis Bank considers $1.3 billion share sale to expand lending capacity

India's third-largest private sector lender, led by Chief Executive Officer Amitabh Chaudhry, is talking to potential advisers about the fundraising, according to sources

Clean beach campaigner, sprinter, cricketer power Adidas India's green run

Using Indian influencers to push its global sustainability measures in the country, the German brand is lacing up for an aggressive customer hunt

Nirav Modi remanded to judicial custody in UK prison until July 25

Under the UK law, Modi is expected to be produced before the court every four weeks, which now falls on July 25

US-bound Air India plane gets bomb threat, escorted to UK by fighter jets

Britain scrambled Typhoon fighters at supersonic speed to intercept the Boeing 777-337 and safely escorted it to Stansted

Wipro exits WAISL JV, sells stake to Antariksh Softtech for Rs 55 lakh

Wipro held 11 per cent stake in WAISL with DIAL holding 26 per cent and Antariksh 63 per cent

Iron ore imports shoot up 80%, exports plunge by almost half in last 3 yrs

However, the export outlook has improved in the last few months after a blast at Vale's mines in Brazil shut off 70 million tonnes in annual supplies

Godrej Consumer Products eyes 25% market share in professional hair care

Sources said the brand from the Godrej stable currently has a miniscule market share and the space is dominated by Loreal which has a near 70% market share in the salon space

Reliance Infra to complete sale of Delhi-Agra Toll Roadway by August-end

Reliance Infra said that with this transaction, its debt of will reduce by over 25% to less than Rs 5,000 crore

MG Motor India launches Hector SUV priced at Rs 12.18- Rs 16.88 lakh

Termed as the 'internet car' or connected car, Hector also comes with an onboard connection that can provide wireless internet sevices to other devices inside the car

Awaiting refund of cancelled Jet flight? You are unlikely to get it soon

The cash-strapped airline might wait for the bidding process to be completed before initiating any refunds

Adani Ports plans to raise Rs 5,195 crore to fund capex, pare debt

Shares of APSEZ were trading 0.92% lower at Rs 411.20 apiece on BSE

Lack of skilled labour make Indian SMEs deploy robots on factory floors

With high labour costs and skilled workers hard to come by, India's small enterprises are deploying robots on their factory floors, writes Peerzada Abrar