Page 88 - Companies

Mindspace REIT Q3 net dips 13% to Rs 127 cr on higher interest cost

This is despite a 23.4% surge in total revenue to Rs 544 cr in Q3FY23, from Rs 441 crore a year ago

Indian cos see Google's changes bringing China-like ecosystem in India: Rpt

The existence of multiple operating systems in China enables the users to have a wide variety to choose from

Bharti Airtel to increase entry-level tariff in all circles soon: Report

Airtel started raising the entry-level tariff from Rs 99 to Rs 155 on November 21 in Odisha and Haryana

Adani's $2.5 bn FPO faces critical final day amid Hindenburg turmoil

Adani is seeking to execute the landmark share sale just as it refutes allegations by Hindenburg that the Indian conglomerate used a web of companies in tax havens to inflate revenue and stock prices

Adani scandal puts India stock regulators' reputation on the line

India has successfully differentiated itself from other EMs, and even from China, through the transparency of its markets, quality of its markets regulator and its protections for minority investors

AWS reports Rs 745 cr revenue opportunity for businesses harnessing data

Organisations in India that harness the power of data can potentially grow their annual business revenue by 13.6 per cent on an average, which is equivalent to up to Rs 745.1 crore in additional annual revenue in case of large organisations, a new report by Amazon Web Services (AWS) said. Amazon's cloud computing unit, AWS, has also announced the launch of AWS Data Lab in India, a move the company said aims to help more organisations accelerate their data maturity journey. "AWS, an Amazon.com company, released findings from a new research report, which shows that organisations in India that harness the power of data can grow their annual business revenue by 13.6 per cent on average," AWS said adding for large organisations, this is equivalent to Rs 7,451 million in additional annual revenue. According to a statement, the Demystifying Data 2022 report surveyed 521 senior business decision-makers in Indian organisations. It was commissioned by AWS and prepared by Deloitte Access ...

Fraud can not be obfuscated by nationalism: Hindenburg on Adani's rebuttal

The US-based short seller said that the Adani Group 'tried to lead the focus away from substantive issues and instead stoked a nationalist narrative'

CPP Investments anchors new IndoSpace fund with $205 mn investment

Investment will add an additional 25-30 million square feet to real estate firm's portfolio

RE company SolarArise sells portfolio to LSE-listed investment trust

Indian company has a portfolio of solar power projects in five states

Adani strikes back at Hindenburg. But can he win the perception war?

The Adani group has lost $50 billion in stock-market value over two trading days

Core group of secretaries to hold meeting today to clear Concor EoI

The meeting is to be chaired by the cabinet secretary

BharatPe paid Rs 1.69 cr salary to Ashneer, Rs 63 lakh to his wife in FY22

Fintech platform BharatPe paid a salary of Rs 1.69 crore to Ashneer Grover in FY22, while his wife Madhuri Jain Grover who was former head of controls at the company took home Rs 63 lakhs

Developers pan Google's 'delay tactics' even as it begins heeding CCI order

They say Google has not yet clarified on commissions and fees, and is exploiting loopholes like it did in Europe and South Korea

Rolls-Royce's performance 'unsustainable', says CEO Tufan Erginbilgic

The new CEO Erginbilgic told employees that they lose money in every investment and investors were losing patience with the engineering group

What really worries Indians about Gautam Adani and his companies

If Adani's companies can deliver a fraction of what he has pledged, then perhaps, in time, they might even grow into the valuations they have already achieved on paper

Hindenburg vs Adani: Short selling not shareholder activism, says InGovern

No new facts in Hindenburg report about Adani Group, says corporate governance firm

Adani Group poses no significant downside risk to Indian banks: CLSA

CLSA said that even though the group's bank debt has increased 25 per cent in the past three years, the share of bank debt in overall group debt has reduced

Marginal growth in demand expected in 2023: JSW Steel's Seshagiri Rao

The world economy is not growing in a robust manner so I don't expect a big turnaround in steel demand as seen in 2021, says Rao

Microsoft-owned GitHub crosses 100 mn developers, over 10 mn in India alone

Microsoft-owned open source developer platform GitHub has reached 100 million members globally, and is growing fast in India too where it has crossed 10 million developers on the platform

Corporate India's new mantra for employees on leave: Do Not Disturb

Plan your own leave, unlimited paid vacation days, and multiple leave options are India Inc's attempt at respecting time off