Page 3731 - Company News

Suzlon Energy stares at $172 million FCCB repayment in July

While there are concerns on the company's debt repayment schedule, the company reiterated it is progressing on its strategic initiatives

IndiGo announces special summer sale, fares start as low as Rs 999

IndiGo is offering customers all-inclusive fare starting at Rs 999 across domestic and Rs 3,499 across international sectors

BHEL bags order worth Rs 440 cr from NPCIL for nuclear power project in TN

BHEL is currently executing TG packages for 4 units of 700 MWe, 2 units each at Kakrapar and Rawatbhata

Vedanta Resources to challenge winding up of Zambian business in court

According to a notice filed in court on June 6, Vedanta wants to be represented by lawyers Nchito & Nchito and not those appointed by the provisional liquidator

JSW Steel's crude steel output up 4% to 1.45 million tonne in May

Last month, the company's output of flat rolled products rose 6 per cent to 1.02 MT from 956,000 tonne in the same month last year, JSW Steel said in a statement

Job market gloom continues: Only 13% firms plan to hire in Q2, shows survey

Globally, employers expect workforce gains in 43 of 44 countries and territories surveyed in the period up to the end of September

Alibaba's smart speaker to feature in Audi, Renault, Honda cars in China

The Tmall Genie Auto smart speaker will allow drivers to use voice commands to, for instance, place orders on Alibaba's online retail platform and buy movie tickets

Blackstone completes acquisition of Aadhar Housing Finance Company

As part of the transaction, Blackstone has also infused Rs 800 crore primary equity capital into Aadhar to fund the company for future growth

Reliance Group paid Rs 35,000 cr to lenders in 14 months: Anil Ambani

He blamed regulatory bodies and courts for delaying verdicts which had held up Rs 30,000 cr in payments to the group

DHFL repays Rs 45 crore in debt; completes stake sale in Aadhar Housing

DHFL paid Rs 10 crore in interest on four non-convertible debentures and a principal of Rs 35 crore on one of them.

Parle, Amul most frequently bought labels across India in 2018: Report

Home-grown labels in biscuits and dairy top the charts, but global giants find their way into more categories and regions: Kantar

After Embassy group, RMZ in talks to buy office property in Mumbai

Promoted by the Menda family, RMZ is in talks with Mumbai-based Omkar Realtors & Developers to buy the latter's commerical buildings at the localities of Bandra and Mahalaxmi

DHFL, Reliance Capital using 'box firms' to avoid disclosures: Report

DHFL, Reliance Capital use the structure to avoid disclosures: REDD Intelligence

CCI clears Schneider Electric India, MacRitchie's buyout of L&T arm

The approval is subject to modifications that are aimed at eliminating the likely anti-competitive effects of the proposed acquisition

Debt-laden Jaypee Infratech's lenders turn down NBCC's takeover bid

Apart from NBCC India, the Adani group also reportedly made an unsolicited, non-binding bid to acquire Jaypee Infratech

Mondelez India to roll out low-sugar bars to woo health conscious consumers

Mondelez India has adopted a two-pronged strategy to grow its business

Flipkart revises commissions and shipping fee to attract smaller sellers

Flipkart reducing its seller commissions and shipping fee come at a time when Amazon is stepping up its investment in India

Bharti Airtel will pay Tanzania $26.2 million to settle ownership row

The company will pay to the government 1 billion shillings every month for sixty months starting April 2019, Chairman Sunil Mittal said at a briefing in Tanzania's commercial hub, Dar es Salaam

Infosys sets up experience design and innovation studio in London

The facility will provide space for Infosys and its clients to ideate, collaborate and innovate together by combining design and the latest technology offerings, including artificial intelligence

Renault warns alliance partner Nissan it will block governance reshuffle

In a statement, the Japanese firm said it had received a letter from Renault "indicating intention to abstain from voting"