Page 3712 - Company News

India Ratings downgrades Mumbai International Airport term loans

Indian Ratings flags erosion in liquidity, places the term loans under watch with negative implications

Airlines, private equity firms renew interest in grounded Jet Airways

Potential buyers want lenders to take up to 95 per cent haircut

Paytm Money plans to raise $1.2 billion in a mega funding round

Paytm Money is considering rapid expansion in mutual fund, insurance and financial services

Reverse migration: Food-tech, e-commerce firms bring jobs closer to home

Many workers in metros now returning to hometowns for better quality of life

Fortis Healthcare turns focus on cost control and consolidation

This is a departure from Fortis' earlier plans that entailed, for example, retail expansion of its diagnostics arm SRL, especially in the southern markets

Blackstone buys 'One BKC' building in Mumbai for Rs 2,600 crore

Radius Developers, which owns the building, had mortgaged the property to Indiabulls Housing Finance, to which it owed about Rs 1,600 crore

Blackstone-backed India REIT wins over investors amid low interest rates

Interest rates in India are on a downward trajectory after the central bank cut borrowing costs three times since January

Public cloud revenue in India likely to grow 24% this year: Gartner

India ranks among the nine countries whose growth rate will be higher than the global average growth rate

More cash to Volcan to hurt Vedanta's credit profile, says Moody's

The upstreaming of cash to Volcan through the structured product is an important precedent because it was not aligned with creditor interests

Icra downgrades McLeod Russel India, stock closes at a 52-week low

In a bid to pare debt, McLeod had sold 12 estates in Assam and signed agreements to sell more gardens in Assam, Dooars and Africa

Mindtree founders may have to vacate board seats for L&T nominees

IT firm can expand the size of its board subject to the upper cap of 15 to give L&T representation

Scooter sharing start-up Vogo raises funding from Ex-Myntra CEO, others

Start-ups addressing short-distance transport have taken the mobility space by storm in recent months

New product launches, traction in foreign sales are key triggers for GCPL

GCPL is launching its own incense sticks (neem-based mosquito repellent) and will enrich this portfolio over the next few months

Punjab National Bank's FY20 aim: Find a page in investors' good books

Bank may need capital infusion; heavy write-offs cause heartburn

Indian Accounting Standard 116 won't affect bottom line, says HUL

Company says operating margins will improve due to new accounting treatment for leases

Reserve Bank of India fines HDFC Bank Rs 1 cr for violation of KYC norms

The fine pertains to submission of forged bill of entries (BoEs) by certain importers to HDFC Bank for remittance of foreign currency, the RBI said

Vistara enters into codeshare agreement with US-based United Airlines

The agreement will allow United Airlines to book seats for its passengers on Vistara flights

Odisha govt looks to sell minority stake in loss-making Neelachal Ispat

NINL has had a chequered history of merger plans and hostile takeover bids by bigger public sector firms

Star Cement board to meet on June 21 to consider proposed buyback

Star Cement is also eyeing acquisition of stressed cement plants and companies

Facebook wants its cryptocurrency Libra to one day rival the dollar

To come anywhere close to matching the US dollar for utility and acceptance, Libra will need to be widely trusted