Page 689 - Company News

NCLT urges RBI, DIPP to speed up approvals for RCap resolution plan

The tribunal was hearing a petition filed by the Hindujas, seeking modification of its July 23 order and an 'extension to complete the obligations' for implementing the resolution plan

Godrej Properties buys 90 acre land parcel in Maha's Raigad for Rs 150 cr

The land is in proximity to the Mumbai Trans Harbour Link and the Mumbai-Pune Expressway, providing excellent connectivity to Mumbai, Navi Mumbai, and Pune

Housing.com's parent REA India's revenue rises 31% to Rs 563 crore in FY24

The company's revenue stood at around Rs 430 crore in the 2022-23 fiscal (July-June)

Kinetic Green secures $25 million investment from Greater Pacific Capital

The investment will be used to scale production at Kinetic Green's manufacturing facility in Supa, Maharashtra, and to enhance marketing, distribution, and R&D efforts

Oyo founder Ritesh Agarwal invests Rs 830 cr in firm's latest funding round

Besides Agarwal, key contributors in the funding round include InCred Wealth, J&A Partners, the family office of Mankind Pharma promoters and ASK Financial Holdings

Hindustan Zinc clarifies on reports of Rs 6,000 crore special dividend

Hindustan Zinc Limited said it was 'unable to comment' on media speculations of declaring a special dividend amounting to Rs 6,000 crore

Pernod India counsel resigns for Google amid antitrust, criminal probes

Bijoya Roy was part of Pernod India's leadership team and also led its compliance division

Adani vs Hindenburg row: As Sebi chief accused, here's all you need to know

Hindenburg Research was founded in 2017 by Nathan Anderson

ABD in talks with Russian Standard, ThaiBev for India product distribution

Allied Blenders & Distillers holds an estimated 11.8% market share in the Indian whisky market and is looking to expand its spirits portfolio, venturing into segments like vodka and scotch

Hindenburg steps up for Adani round two, this time with attack on Sebi

Hindenburg's original report, in which it had accused the centi-billionaire of pulling largest con, caused Adani Group's market capitalisation to crater by $150 bn

CreditAccess Grameen up for sale: Dutch owner seeks $2.7 billion valuation

The Amsterdam-based CreditAccess India B V holds a 66.56% stake in CreditAccessGrameen, and is aiming for a valuation of around $2.7 billion in the potential deal

Baseless, devoid of truth: Sebi chief, husband deny Hindenburg allegations

Short-seller says whistleblower documents have revealed Sebi Chairperson Madhabi Puri Buch had stake in obscure offshore entities used in Adani money siphoning scandal; Buch terms allegations baseless

NPCI to level up UPI play with BHIM spin-off; appoints Nataraj CEO of arm

Lalitha Nataraj previously worked with IDFC FIRST Bank and ICICI Bank

Hindenburg row: IPE-Plus Fund 1 didn't invest in Adani stocks, says 360-One

Says fund in which the Buchs invested focused on debt, maintains no investor had any role in its ops

OYO's parent Oravel Stays raises Rs 1,457 crore in latest funding round

The investment is being made through Compulsory Convertible Cumulative Preference Shares, each priced at Rs 29, consistent with the valuation of the recent raise in Series G

GAIL head Sandeep Gupta in the race for Indian Oil Corp's new chairman

While 10 out of the nearly 60 candidates who applied were called for interviews, GAIL chairman and managing director Sandeep Gupta is being considered a wildcard

'A red herring': Adani Group scraps Hindenburg's fresh allegations

In a statement to the stock exchanges on Sunday, an Adani group spokesperson said the latest allegations by Hindenburg are malicious, mischievous, and manipulative

MapmyIndia CEO calls Ola Maps a gimmick, warns people to be cautious

MapmyIndia sent a legal notice to Ola on July 23, three days before the release of Ola Electric's Red Herring Prospectus, for breach of terms and conditions of the licence agreement

Sebi vs Hindenburg: No relationship between Dhaval Buch, Blackstone's REITS

A decade ago, Sebi approved a long-pending proposal to introduce REITs in India, creating a new investment avenue for institutional investors, wealthy individuals, and eventually ordinary investors

Hindenburg attacking Sebi's credibility, say Madhabi and Dhaval Buch

The statement also said that Madhabi's two consulting companies immediately became "dormant" on her appointment at Sebi in 2017 as a whole-time member