Page 172 - Companies

World is getting more serious about ESG compliance. India must catch up too

There is a global movement towards making businesses more responsible and India should also make efforts in that direction

All you need to know about the Companies (Amendment) Bill 2020

Listen to the podcast to know about the changes introduced in the Companies Act

Vedanta's Anil Agarwal, Centricus team up for turnaround investment fund

The fund will also target companies restructuring under India's bankruptcy regime, the people said

Covid-19 hits IPO filings, only 11 offer documents filed with Sebi this yr

Market players said the lockdown and social distancing norms had made it difficult for companies, investment bankers and legal firms to do the paper work for IPO filings

China issues new rules to tighten control over financial holding firms

New rules apply to firms with a banking operation & financial assets of over $73 bn

Many companies are in default due to force majeure clauses: IBBI Chief

M S Sahoo said that the average life of S&P 500 companies has reportedly reduced from 90 to 18 years over the last century

Govt to clamp down on large firms dodging Rs 2 cr cap on MEIS claims

Worry over major exporters filing separate export benefit applications through subsidiaries to work around the cap

Agritech firms received $532 million investment till April this year: EY

The agritech is helping in solving many challenges across the spectrum of the traditional agriculture value chain

Global companies raise most funds for the month of August in a decade

Companies have raised $65.5 billion through initial public offerings (IPOs) and high-yield bond issuances globally so far in August, the highest for that month in at least 10 years

Companies' total expenditure plummets 24% in three months to June

Some of this may have to do with pruning of some costs that they would have otherwise incurred, had business been normal; analysis looked at 402 firms that have declared June results

Companies silencing investors at virtual shareholder meets: US activists

To be sure, virtual shareholder meetings have been welcomed by many mom-and-pop investors, who would have otherwise had to travel to a company's headquarters to attend amid the pandemic

Karan Bajaj says will not build another startup after WhiteHat sale

After the blockbuster sale of WhiteHat Jr for $300 million to Byju's, the former's founder Karan Bajaj said he is a 'wanderer' who will neither go back to creating another startup

Liberty Global to acquire Switzerland's Sunrise in $5.4 billion deal

The cable giant offered 110 Swiss francs per share, and Sunrise's largest shareholder, Freenet AG, has also agreed to sell its 24 per cent stake

Govt panel moots 2 formats for business responsibility reporting by firms

This would help better reflecting the 'intent and scope of reporting requirement,' the report said

Sensitive credentials of 900 enterprises leaked on hacking forum

A Russian hacker has published passwords of over 900 enterprise VPN servers on a hacking forum visited by several ransomware groups, putting them at risk.

Listed firms may come to resolve grievances against proxy advisors: Sebi

The regulator noted that proxy advisors, over the past few years, have played a key role in enabling shareholders to effectively participate in corporate governance decisions

Apple briefly overtakes Saudi Aramco to become the world's largest company

Shares of the company rose to a record high of $412 in early trading. Closing at that level will give it a market capitalization of $1.786 trillion

Accel to acquire Redington's computer repair and peripheral business

Signs agreement to acquire Ensure Support Services (India) Ltd for Rs 31 crore in cash

Intel ousts chief engineer Renduchintala after company falls behind rivals

Intel said it is reorganizing technology, systems architecture and client group and new leaders will report to CEO Bob Swan

Covid-19 impact: More and more companies updating offer documents

Companies with issues in the pipeline reveal demand changes, economic uncertainty