Page 595 - Company News

JC Flowers ARC invites counterbids for Rs 1,351 crore of bad debts

Entities interested in bidding for the assets are required to submit expressions of interest (EoIs) by October 16, after which they will have until October 31 to conduct due diligence

Cred launches new features as it expands financial services products

The launch of new features comes as the Bengaluru-based firm looks to expand its suite of financial products for its user base pegged at 14 million

Atul Greentech partners with Jio Platforms for electric vehicle solutions

The partnership will focus on all three-wheeler platforms of Atul Greentech including MOBILI for passenger vehicles and ENERGIE for cargo vehicles, Atul Auto said

Amazon Smbhav Hackathon to boost AI, tech innovations for small biz

The top three teams will compete for an exclusive visit to the Amazon headquarters in Seattle, along with cash prizes totalling up to Rs 10 lakh, as well as opportunities for mentorship and networking

Consumer court directs Amazon to pay Rs 40k refund over hacked smartphone

Amazon Retail was fined by a consumer court after it was discovered that the smartphone she purchased was hacked, leading to data exposure and unauthorised transactions

Easy Trip Planners board approves issuance of bonus shares in 1:1 ratio

The bonus shares will be issued from the company's available reserves as of March 31, 2024, it added

Alok Industries Q2: Loss widens to Rs 262 cr; revenue dips to Rs 885.6 cr

Textile manufacturer Alok Industries on Monday said its consolidated net loss widened to Rs 262.10 crore for the second quarter ended September 2024.

SpiceJet faces new insolvency case over Rs 58 crore unpaid dues to lessor

SpiceJet faces new insolvency plea in NCLT over Rs 58 crore unpaid dues to lessor Aviator ML 29641 Ltd, the tribunal has given the airline time to respond, the next hearing is on Nov 11

Sri Lanka's new govt reconsidering approval to Adani's power project

The final decision of the new government would be conveyed after the installation of the new Cabinet after the November 14 election

TAC Security teams up with Google as MASA assessor for developers

Prior to this recognition, TAC Security was also the only recommended and preferred Assessor for Google's CASA (Cloud Application Security Assessment) Programme

Satellite spectrum battle: Ambani calls for auction; Musk backs allocation

While Starlink and Amazon's Project Kuiper are batting for administrative allocation of satellite spectrum, Reliance Industries argues that auctions are necessary to ensure a fair playing field

After Saregama, report claims Reliance eyeing stake in Dharma Productions

Karan Johar has been seeking to monetise his stake in Dharma Productions for a while, but previous deals failed due to differences over valuation

Ola Electric's BOSS sale under regulatory lens: What are ARAI's concerns?

Not updating ARAI about discount could risk subsidy claim

CIL's H1 FY25 contribution to govt exchequer falls slightly to Rs 28,930 cr

The PSU's coal output in April-September period of the current fiscal year increased 2.5 per cent to 341.5 MT, over 332.9 MT in the year-ago period

Wipro board to consider issuing bonus shares ahead of Sep quarter results

Shares of Wipro settled at Rs 528.95 on Friday on the BSE, 0.77 per cent higher than the previous close

Gaurs Group to invest Rs 4,000 cr to build 17 acre project in Noida: CMD

Gaur said the company is restructuring its business operations, before approaching market regulator Sebi for launching an IPO

Macrotech Developers net debt rises 14% in Sep quarter to Rs 4,920 cr

It has delivered around 100 million sq ft of real estate and is developing more than 110 million sq ft under its ongoing and planned portfolio

ONGC looks at mini-LNG plants to evacuate natural gas from isolated fields

The firm has identified five sites in Andhra Pradesh, Jharkhand and Gujarat for setting up mini plants

Women bring home the sales, delivering festival wins for e-commerce firms

Flipkart said that among the blue-collar workforce it has hired for this festive season, there is a 24 per cent growth in women hired compared to the Big Billion Days (BBD) sale event in 2023

Indians eyeing offshore firms to gain access: JM Financial MD & CEO

Healthcare, pharma, tech to drive M&As in coming quarters