Companies


Sterlite Power Sells 14.7% Stake In IndiGrid, HNIs For Rs 840 Crore

Banking - Published date: .

Sterlite Power is the sponsor of IndiGrid, India's first power sector InvIT, which saw its initial offer in 2017 Read more

Vinay Dube Quits GoAir In An Instant, Kaushik Khona Replaces Him As CEO

Banking - Published date: .

This will Khona's second stint as CEO of GoAir; under his watch between 2009-2011 the airline had seen an improvement in... Read more

AI Officials Leave For US To Get Custom-made B777 Plane For VVIP Travel

Banking - Published date: .

During the travel of the VVIPs, the two B777 aircraft will be operated by pilots of the Indian Air Force and not of Air ... Read more

AGR Case: Give Airwave Details Of Bankrupt Telecom Firms, Says SC

Banking - Published date: .

Seeks spectrum-sharing info from RCom, Aircel, Videocon Read more

Canadian Brewery Apologises For Naming Its Beer After The Maori Word For 'pubic Hair'

Breaking - Published date: .

Cultural appropriation backlash lands on the brewery for unknowingly branding their product with a Maori term thinking i... Read more

Insurers See Over 90,000 Covid-related Claims Worth Rs 1,463 Crore

Banking - Published date: .

State-wise data shows, Maharashtra, which has recorded the maximum number of cases in the country, has the maximum claim... Read more

One-time Loan Recast To Ease Liquidity Pressure, Says CRISIL Report

Banking - Published date: .

RBI permitted banks to go for one-time restructuring of loans that are facing stress due to the Covid-19 crisis Read more

Homegoods To Pet Supplies: Uber Moving Into Delivery As Service Offering

Banking - Published date: .

Khosrowshahi said the company is adding auto-rickshaws and motorbikes since it expects many riders in emerging markets t... Read more

Rules Amended For Faster Resolution Of MNCs' Tax Disputes Under MAP

Banking - Published date: .

The move will help in speedy settlement of cases of multinational corporations which have opted for the alternative disp... Read more

Samsung Leads Smartphone Market, Shipments Plunge 50% In June Qtr: Report

Banking - Published date: .

Samsung led the overall market during the quarter with 24 per cent share, followed by Xiaomi and Vivo, IDC quarterly mob... Read more

Greater Use Of ADR, Technology To Reduce Court Cases: N Chandrasekaran

Banking - Published date: .

Observing that India's judicial system has a huge capacity issue, he said around 30 million cases are pending across var... Read more

Air India Allowing Travel Agents To Sell Seats Only On Select Flights

Banking - Published date: .

Air India said it has received several complaints from passengers about overcharging by agents or their sub-agents Read more

Shapoorji Real Estate Arm Enters Rs 750-crore Debt Financing Deal

Banking - Published date: .

According to sources, SPRE has gone for structured debt financing at a rate of around 20 per cent Read more

Telecom Can't Afford Duopoly: Jindal Asks Govt To Ensure Voda Idea Survives

Banking - Published date: .

Vodafone Idea's net worth has completely eroded and it faces Rs 58, 254 crore adjusted gross revenue liability Read more

Adani Transmission's Profit Before Tax Rises 50% In June Quarter

Banking - Published date: .

For the April to June period, Adani Transmission reported a PBT and deferred assets recoverable of Rs 481.97 crore, up 5... Read more

I Am Optimistic That History Will Indeed Repeat Itself: Anand Mahindra

Banking - Published date: .

"Life has led us full circle," said Mahindra, alluding to 2002 Read more

Siemens Posts Rs 2 Cr Loss In June Quarter Due To Covid-19 Disruptions

Banking - Published date: .

In the year-ago period, the company logged a profit of Rs 250.1 crore, a BSE filing said. Read more

Solar Energy Firms In SEZs Pitch For Equalisation Levy On Domestic Supplies

Banking - Published date: .

The industry is pushing for an equalisation levy of 1-2 per cent on solar equipment supplied to the domestic market from... Read more

Walmart Labs' Indian Entity To Be Known As Walmart Global Tech India

Banking - Published date: .

The technology arm of the US retail giant said the move is part of the launch of its new global identity as Walmart Glob... Read more

Business Confidence Index Falls 40% In June Quarter: NCAER Survey

Banking - Published date: .

It fell 62 per cent in the June 2020 quarter on a year-on-year (y-o-y) basis, according to a survey by the National Coun... Read more