Companies


HSBC Asia Appoints Ex-SBI Chief Rajnish Kumar As An Independent Director

Banking - Published date: .

Rajnish Kumar retired in October 2020 after a 40-year career at SBI Read more

Payment Firm PhonePe Receives Broking Licence From Insurance Regulator

Banking - Published date: .

The broking license will allow it to start offering personalised product recommendations to its more than 300 mn users, ... Read more

India Power-sector Financier REC Plans First Loan Using Libor Heir

Banking - Published date: .

The financier's choice of a SOFR-linked loan is part of a global push by policy makers to develop new benchmarks to repl... Read more

'Into The Limelight': Koo, India's Answer To Twitter, Goes Past 10 Mn Users

Banking - Published date: .

The app, which lets users send tweet-like posts in English and seven Indian languages, has seen about 85% of users join ... Read more

Anjali Bansal Named President Of Bombay Chambers Of Commerce

Banking - Published date: .

Bansal will take over from Sudhir Kapadia Read more

Bharti Airtel Board Approves Rs 21,000 Crore Rights Issue

Banking - Published date: .

Fund raising mainly to make payments towards AGR-related liabilities Read more

Aakash Transforming Into Hybrid Edtech Firm After Byju's $1 Bn Acquisition

Banking - Published date: .

Aakash Educational Services will launch 106 new centres across the country in the next 5 months including reaching Tier-... Read more

KEC International To Double Civil Business Revenue To Rs 2,000 Cr In FY22

Banking - Published date: .

With strong revenue visibility in the civil segment, the company has also been investing Rs 70-80 crore since last year ... Read more

Phillips Carbon Black Lines Up Rs 1,300-1,400 Crore Capex By FY23

Banking - Published date: .

RP-Sanjiv Goenka Group firm Phillips Carbon Black Ltd (PCBL) to pump about Rs 1,300-1,400 crore over the next two years ... Read more

Lupin, Glenmark Shift Focus To Inhalation And Nasal Covid-19 Drugs

Banking - Published date: .

Lupin working on remdesivir powder inhaler; Glenmark to do trials on Nitric Oxide Nasal Spray Read more

Airtel Board Approves Up To Rs 21,000 Crore Rights Issue: Filing

Banking - Published date: .

The rights entitlement ratio entails 1 equity share for every 14 equity shares held by eligible shareholders as on the r... Read more

Dr Reddy's Laboratories, Zydus Pharma Recall Products In US Market

Banking - Published date: .

Dr Reddy's Laboratories, Inc, the US arm of Dr Reddy's Laboratories, is recalling 37,560 bottles of Tizanidine HCl table... Read more

IDFC First Bank Aims Retail Loan Book Growth Of 25% On Long-term Basis

Banking - Published date: .

IDFC First Bank reported a net profit of Rs 452 crore in 2020-21. There was a net loss of Rs 2,864 crore in FY20. Read more

Adani Electricity To Roll Out 700,000 Smart Meters For Mumbai Customers

Banking - Published date: .

Based on AEML's submissions, for the first time the Maharashtra Electricity Regulatory Commission (MERC) reduced consume... Read more

RCF, NFL Share Sale By December, Govt To Get Rs 1,200 Crore

Banking - Published date: .

The government is likely to sell shares in two fertiliser companies -- RCF and NFL -- by December-end to garner over Rs ... Read more

Air India Asks US Court To Dismiss Cairn Petition, Says It Is Premature

Banking - Published date: .

Air India has asked a New York court to dismiss a petition filed by Britain's Cairn Energy for seizure of its assets to ... Read more

Future Retail Moves SC Against HC Order On Rs 24,713-cr Deal With Reliance

Banking - Published date: .

The magnitude of damage that may be caused to the public at large is 'unimaginable' as livelihoods of more than 35,575 e... Read more

Freshworks Files Documents For Listing In US; Looking To Raise $100 Mn

Banking - Published date: .

Founder thanks Superstar Rajnikanth for being an inspiration Read more

Airtel May Soon Get 'several Thousands Of Crores' Investment From Google

Banking - Published date: .

Bharti Airtel might soon get an investment from Google which could run into several thousands of crores, as per media re... Read more

Samsung Announces $205 Billion Investment Plan

Breaking - Published date: .

Of the 240 trillion won ($205 billion) it plans to spend, it will commit 180 trillion won to South Korea. Read more