Page 937 - Company News

Canara Robeco Mutual Fund launches fund on manufacturing theme

The tailwinds are emerging from several fronts - policy reforms like Production-Linked Incentive (PLI) and Make in India, global supply chain diversification, investments and capacity utilisation

Tata group considering spinoff of battery business Agratas Energy Storage

A listing may value Agratas at $5 billion to $10 billion depending on its growth and market sentiment, they said. A representative for Tata declined to comment

NBCC bags housing redevelopment project for MEA worth Rs 262 crore

State-owned NBCC Ltd on Thursday said it has bagged a Rs 262 crore project to redevelop Ministry of External Affairs Housing in the national capital.

Home loans business gives HDFC Bank CASA boost, says Arvind Kapil

The bank's CASA deposits grew by 2.2% Q-o-Q to Rs 8.35 trillion in Q3FY24

Boeing Defence India appoints ex-naval aviator Nikhil Joshi as MD

Based in New Delhi, Joshi will lead current and future programmes for BDI to enhance the mission readiness and modernisation of India's defence forces, the company said

ED questions Paytm officials, gets documents following RBI's decision

As of now, no irregularities have been detected and a case under FEMA will only be registered once any contravention under the said law is found, they added

Tata Group, Uber in talks for partnership to drive digital engagement

Tata Neu has faced challenges with stagnant user growth and low customer engagement and may be looking to collaborate with Uber to boost traffic volumes

Centre may reduce import duty for Tesla in lieu of an EV factory in India

Tesla had earlier asked the Centre to reduce the import duty to 15 per cent on its cars for the first two years, in exchange for an investment of up to $2 billion in India

Pfizer agrees to pay $93 million to settle Lipitor drug antitrust lawsuit

Pfizer introduced Lipitor in 1997, and the drug drove more than $130 billion in sales during its first 14 years on the market

Netflix's monetisation model may just save India's online learning apps

The Physics Wallah app has 2 million users logging in daily and spending 80 minutes

Utkarsh Small Finance Bank proposes reverse merger with holding entity

The bank has said it has taken note of the proposal and the Board of Directors of the lender will meet in due course and evaluate the proposal and other options to achieve regulatory compliance

Country Group to invest Rs 5,000 crore in luxury housing project in Noida

The group said it expects a sales realisation of approximately Rs 7,500 crore from the project wherein the investment would be done via self-funding, bank financing and customer advances for bookings

SC suggests expert panel to explore restart of Vedanta's Sterlite Copper

Committee to have experts from the field of environment

NCLAT stays NCLT ruling in Dream 11 case, bars IRP actions until Feb 23

During the proceedings, senior advocate Arun Kathpalia, representing Sporta Technologies, requested a stay of the order passed by the NCLT on February 9

Vedanta's parent may sell $1 billion worth shares to GQG Partners: Report

Saddled with $6.4 bn in outstanding debt, including $4.5 bn payment due by fiscal 2025, Vedanta Resources has been attempting to shore up finances, including through recent debt restructuring

Zee Entertainment accuses Star of breaching ICC TV deal, seeks Rs 68.54 cr

Star also accused Zee of violating the ICC TV rights agreement by failing to make the first instalment payment of $203.5 million

ED launches preliminary probe into Fema breach in Paytm Bank case

There could be a multi-agency investigation of the company, sources have indicated

RIL in talks for stake in Tata Play, may buy Disney's 29.8% share

JioCinema may offer entire content suite to Tata Play customers

UpGrad's founder blames Raveendran, investors for current state of Byju's

Speaking at the second edition of the ASU+GSV & Emeritus Summit in Gurugram, he emphasized that "one rotten apple" should not affect the entire edtech sector

PTC Q3 results: Net profit slips 7% to Rs 97 cr, income up at Rs 3,483 cr

It had clocked a net profit of Rs 104.48 crore in the year-ago period, the company said in an exchange