Page 3710 - Company News

ITC trying to take over Leela for a song, say promoters, JM Fin ARC

Sebi asked Leela and JM Financial ARC to put the deal, announced on March 18, on hold.

How award-winning Indian campaigns are melting hearts in the Cannes ad-fest

TBWA's One Mindful Mind helped India open its account at the Cannes Ad Fest, bagging a bronze Lion each in health care and print and publishing

Dutch vendors move NCLT in Jet case, engineers, pilots seek to be parties

The counsel representing SBI had sought an urgent hearing of the case considering the importance of the matter

Oyo Hotels plans $300 million push in US market: CEO Ritesh Agarwal

Oyo, which opened its first US hotel at the beginning of the year, plans to invest $300 million to expand in the country, Chief Executive Officer Ritesh Agarwal said in an interview

Rudratej Singh appointed BMW Group India President and Chief Executive

Former Royal Enfield's president to strengthen BMW Group's operations in India

DoT may choose lower retirement age over voluntary retirement scheme

Employees of BSNL may be asked to end their service at 58 years

Ashok Leyland plans on revving up global business; LCVs to drive expansion

Its new vision encompasses light commercial vehicles, small commercial vehicles, intermediate commercial vehicles (ICV), M&HCV, spare-parts and defence

Corporation Bank eyes 15% growth in advances; no new branches immediately

The state-run bank has no plans to open new branches immediately

PNB recovers Rs 20,000 cr in bad loans, doubles amount from last year

The bank suffered losses allegedly after jewellers Nirav Modi, Mehul Choksi and some bank employees collided to defraud PNB of about Rs 1,000 crore. The scam was unearthed in February 2018

OVL, partners to invest $20 bn in Mozambique to monetise gas reserves

To be built on the Afungi peninsula in Cabo Delgado province, the project will also involve the construction of associated infrastructure, storage tanks, and export jetty facilities

Ashok Leyland to halt production for 5 days at Pantnagar as stocks pile up

Move follows slowdown in CV sales; No work on June 17 and 24, but employees will still get pay

Amid falling freight rates, truck makers may not see demand picking up

Pre-buying boost to sales may remain elusive as the slowdown grips several sectors

FinMin to rework proposal for Air India sale after considering oil price

The government last year invited bids to sell 76 per cent stake in Air India

Moser Baer Solar fails to get new investors, to go under liquidation

Moser Baer Solar is a subsidiary of optical storage media maker Moser Baer India Ltd (MBIL), which is also facing liquidation

Amazon opens 20,000 sq ft delivery station in Hyderabad, eyes smaller towns

The new station will power Amazon's last-mile delivery capabilities to speed up deliveries for customers in and around the city

Adidas stumped; iconic three-stripe trademark ruled invalid by EU court

Adidas says court's ruling on Wednesday only affects a particular use of the symbol.

Jet pilots, engineers, Dutch vendors want to be parties to bankruptcy case

The consortium of 26 bankers led by State Bank had filed for bankruptcy Tuesday at the Mumbai bench of the National Company Law Tribunal

NDTV to file appeal against Sebi's Rs 12L fine order for disclosure lapses

NDTV, however, said it is yet to receive the penalty order from the Securities and Exchange Board of India (Sebi)

Acquisition of ShopClues by rival Snapdeal unlikely to materialise: Report

According to sources close to the development, there are concerns regarding some of the findings emerging from the due diligence conducted by advisory firm, Ernst & Young

Foreign investors picking controlling stakes in companies on the rise

Cash-strapped Indian companies focusing on reducing debt rather than acquiring new assets