Page 819 - Company News
Infibeam's CCAvenue partners with Shivalik SFB to improve merchant access
Small finance bank's account holders will be able to make payments on websites 'powered' by CCAvenue, according to agreement
 "Infibeam's CCAvenue partners with Shivalik SFB to improve merchant access")
Viagra trademark exclusive property of Pfizer, rules Delhi High Court
Delhi HC has ordered Renovision Exports to pay Pfizer Rs 3 lakh and issued a permanent injunction preventing the marketing of homoeopathic medicine under the 'VIGOURA' mark
 "Viagra trademark exclusive property of Pfizer, rules Delhi High Court")
Qatar Airways Cargo launches advanced animal centre to transport animals
The animal centre will be built on a 5,260 sq m of land, and will have a capacity of 140 dog kennels and 40 cat kennels, and 24 horse stables distributed in four zones
 "Qatar Airways Cargo launches advanced animal centre to transport animals")
Lenders request RBI approval to sell Jaiprakash Associates loan to NARCL
SBI-led lenders are pursuing RBI clearance to shift real estate firm's Rs 18,000 crore debt to NARCL in a Rs 10,000 crore deal
 "Lenders request RBI approval to sell Jaiprakash Associates loan to NARCL")
Byju's introduces revenue-linked salary policy for sales staff: Report
Base salaries of sales staff will be suspended while this policy is in place between April 24 and May 21
 "Byju's introduces revenue-linked salary policy for sales staff: Report")
Q4 FY24: Adani Ports, Coal India among 49 firms to post results today
Q4 FY24 results: Dabur, Federal Bank, Digicontent, Blue Star, Khemani Distributors, Aptech are expected to release their financial results too
 "Q4 FY24: Adani Ports, Coal India among 49 firms to post results today")
Transfer of baton: New-gen leaders to take the reins as Godrej group splits
Each family may sell the shares it holds personally and/or via trusts to the other family in tax-neutral transactions
 "Transfer of baton: New-gen leaders to take the reins as Godrej group splits")
Indian Oil resumes buying Russian crude oil delivered on Sovcomflot ships
The acceptance of Sovcomflot tanker by the country's largest refiner carries significance as it could embolden other smaller refiners to also use Sovcomflot vessels for their oil purchases from Russia
 "Indian Oil resumes buying Russian crude oil delivered on Sovcomflot ships")
Godrej split: Experts weigh on amicable settlement impact on stock prices
Say stock prices will react positively as key overhang removed
 "Godrej split: Experts weigh on amicable settlement impact on stock prices")
Delhi HC asks SpiceJet to pay Rs 50 cr or face grounding of two engines
Justice Pratibha Singh instructed the SpiceJet counsel to obtain guidance by May 3 regarding the feasible time period for SpiceJet to pay Rs 50 crore to its lessors
 "Delhi HC asks SpiceJet to pay Rs 50 cr or face grounding of two engines")
Anthill Ventures seeks to raise $100 mn for private credit cross-fund
The $1.7 trillion global private credit market has become a serious rival to mainstream lending, attracting investors by offering higher rates of returns
 "Anthill Ventures seeks to raise $100 mn for private credit cross-fund")
DGCA deregisters all 54 aircraft leased to Go First after Delhi HC order
The Delhi High Court, on April 26, directed the DGCA to deregister planes leased to Go First within five working days, providing much-needed relief to the lessors
 "DGCA deregisters all 54 aircraft leased to Go First after Delhi HC order")
Adi-Nadir Godrej family makes open offer to acquire Astec Lifesciences
To acquire 20.84% stake in Godrej Industries from Jamshyd Godrej family
 "Adi-Nadir Godrej family makes open offer to acquire Astec Lifesciences")
Godrej Industries to be main holding company for Adi-Nadir Godrej family
Godrej Industries holds 64.9 per cent stake in Godrej Agrovet, and 23.7 per cent stake in Godrej Consumer Products, and 47.3 per cent stake in Godrej Properties
 "Godrej Industries to be main holding company for Adi-Nadir Godrej family")
Stride Ventures closes Fund III at $165 mn, portfolio showcases top cos
This third fund has garnered strong support from a diverse mix of investors, including insurance companies, family offices, corporate treasuries, and high-net-worth individuals (HNIs)
 "Stride Ventures closes Fund III at $165 mn, portfolio showcases top cos")
Multi-billion dollar Godrej family split may not attract tax, say lawyers
A family settlement is defined as an arrangement between members of the family with the intent to avoid disputes
 "Multi-billion dollar Godrej family split may not attract tax, say lawyers")
FMEG major Havells India's positive outlook may be priced in valuations
Management sounded optimistic about growth in FY25
 "FMEG major Havells India's positive outlook may be priced in valuations")
Coal India production increases 7.3% to 61.8 million tonnes in April
The company had produced 57.6 MT of coal in the corresponding month of the previous fiscal, Coal India Ltd (CIL) said in a filing to the BSE
 "Coal India production increases 7.3% to 61.8 million tonnes in April")
Airtel appoints Ambareesh Mandelia as head of M&A, business development
Before joining Airtel, Mandelia was heading the corporate health and wellness business units at Tata 1mg, along with corporate strategy
 "Airtel appoints Ambareesh Mandelia as head of M&A, business development")
Mubadala, Warburg in talks with Shriram Finance to buy stake in SHFL
Shriram Finance on Tuesday confirmed that it is looking to unlock value in the housing finance arm (SHFL) to secure growth capital.
 "Mubadala, Warburg in talks with Shriram Finance to buy stake in SHFL")