Clipped from: https://www.thehindubusinessline.com/companies/the-business-was-built-on-equity-and-public-deposits/article33955753.ece Managing Director TT Srinivasaraghavan on what made Sundaram Finance a household name in Chennai It’s just after 3 pm when TT Srinivasaraghavan (TTS)
Category: Company Specific News
IDBI Bank to set-off accumulated losses after declaring Q4 FY21 results – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/idbi-bank-to-set-off-accumulated-losses-after-declaring-q4-fy21-results/article33954207.ece IDBI Bank is planning to set off accumulated losses of about Rs 44,500 crore against the balance standing to the credit of the
Reliance partners Google, Facebook in seeking NUE licence from RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/tech-bytes/reliance-partners-google-facebook-in-seeking-nue-licence-from-rbi/articleshow/81237979.cmsSynopsis The new umbrella entity (NUE) will be jointly promoted by a Reliance unit and Infibeam Avenues’ So Hum Bharat, while Facebook and Google
Blue Star setting up Rs 130-cr plant at Wada to ramp up commercial refrigeration biz – The Financial Express
Clipped from: https://www.financialexpress.com/industry/blue-star-setting-up-rs-130-cr-plant-at-wada-to-ramp-up-commercial-refrigeration-biz/2192838/ The new plant, being set up as part of the company’s decision to strengthen its commercial refrigeration footprint, will cater to the rising
Consumption of packaged consumer goods set to double in India: Nestle India chairman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/fmcg/consumption-of-packaged-consumer-goods-set-to-double-in-india-nestle-india-chairman/articleshow/81226999.cmsSynopsis Suresh Narayanan, who leads India’s largest packaged foods company, said 140 million households are expected to be added to the aspiring and affluent
We are targeting a double-digit market share in PVs: Tata Motors’ Shailesh Chandra – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/we-are-targeting-a-double-digit-market-share-in-pvs-tata-motors-shailesh-chandra/article33904483.ece ‘Our aim is to continuously grow on the back of strong product portfolio, additional products’ Tata Motors is eyeing a double-digit market share
DHFL resolution: Company receives no objection from RBI, files application with NCLT – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/dhfl-resolution-company-receives-no-objection-from-rbi-files-application-with-nclt/articleshow/81215494.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In November 2019, the Reserve Bank had referred DHFL, the third-largest pure-play mortgage lender, to the National Company Law Tribunal (NCLT) for insolvency
jet airways: NCLT rejects Jet employee unions’ plea to share details of the resolution plan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/nclt-rejects-jet-employee-unions-plea-to-share-details-of-the-resolution-plan/articleshow/81171658.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The petitions argued that the employees of the corporate debtor (Jet Airways) are its assets and are interested in its successful resolution. The
Amara Raja begins work on lithium-ion cells, sets up research hub at Tirupati – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-components/amara-raja-begins-work-on-lithium-ion-cells-sets-up-research-hub-at-tirupati/articleshow/81137280.cmsSynopsis Amara Raja Batteries, the country’s second-largest automotive battery maker, has opened the country’s maiden technology hub to develop lithium-ion cells, at its Tirupati
DHFL case: Auditor Grant Thornton unearths another fraudulent transaction of Rs 6,182 cr – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/dhfl-case-auditor-grant-thornton-unearths-another-fraudulent-transaction-of-rs-6182-cr/articleshow/81149644.cmsSynopsis The administrator of the company received an initial report from the professional agency appointed as the transaction auditor indicating that there are certain
Jet Airways’ would-be owners push start of operations to July; pending cases indicate further delay – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/jets-would-be-owners-push-start-of-operations-to-july-pending-cases-indicate-further-delay/articleshow/81136680.cmsSynopsis The consortium of London-based investor Kalrock Capital and Gulf-based businessman Murari Lal Jalan had in October 2020 got approval for its resolution plan
Tata Super App to have all; RBI tightens digital payment security
Clipped from: https://www.businesstoday.in/latest/biz-eod/biz-eod-tata-super-app-to-have-all-rbi-tightens-digital-payment-security/story/431799.html Catch top stories from the world of business and economy with BusinessToday.In’s Biz EOD report Top stories from the world of business and
Tata Group companies should go beyond achieving zero net debt, says N Chandrasekaran
Clipped from: https://www.businesstoday.in/current/corporate/tata-group-companies-should-go-beyond-achieving-zero-net-debt-says-n-chandrasekaran/story/431795.html In an exclusive interview with Business Today, Tata Group Chairman N Chandrasekaran said the companies should work for catering to the changing consumer
Amazon India inks MoU with the Directorate General Resettlement for hiring ex-service personnel – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/defence/amazon-india-inks-mou-with-the-directorate-general-resettlement-for-hiring-ex-service-personnel/articleshow/81107710.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Veterans will have access to various work opportunities including a mix of individual contribution and managerial roles across its Fulfilment Centres, Sort Centres,
Marc Llistosella: Knowing Tata Motors’ new chief: a taskmaster with a heart of a tiger and a mind for numbers, ratios – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/transportation/knowing-tata-motors-new-chief-a-taskmaster-with-a-heart-of-a-tiger-and-a-mind-for-numbers-ratios/primearticleshow/81093915.cms Synopsis–As it looks to focus on the commercial-vehicle business, picking up someone like Marc Llistosella, former head of Daimler Trucks Asia, as CEO
Jet Airways’ revival plan is facing heavy headwinds. But the real turbulence will start once airborne. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/transportation/jet-airways-revival-plan-is-facing-heavy-headwinds-but-the-real-turbulence-will-start-once-airborne-/primearticleshow/81096731.cms SynopsisDespite all the hurdles it faces, an airline with a cleaned-up balance sheet will be more attractive to foreign investors in the short-term
Lupin seems to be turning the corner. Managing the US product pipeline will be the key. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/pharma-and-healthcare/lupins-revival-seems-round-the-corner-managing-the-us-product-pipeline-will-be-the-key-/primearticleshow/81096859.cms Synopsis–The US market has been getting tougher over the years, but the company has taken several steps, including rationalising costs and developing complex
Still long way to go for economy to be back on track, says Gautam Hari Singhania of Raymond – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/still-long-way-to-go-for-economy-to-be-back-on-track-says-gautam-hari-singhania-of-raymond/article33868912.ece Although a rebound in the Indian economy is encouraging, there is “still a long way to go”, says Gautam Hari Singhania, Chairman and
Allegations of dodging laws have malicious intent: Amazon India chief | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/allegations-of-dodging-laws-have-malicious-intent-amazon-india-chief-121021801010_1.html Amit Agarwal tells the employees that the company remains committed to its pledge to digitise 10 mn MSMEs, enable $10 bn in exports
टाटा समूहाचा किराणा व्यवसायातील प्रवेश निश्चित ; थेट ‘या’ कंपनीची केली खरेदी, ९५०० कोटींचे डील –महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com/business/business-news/tatas-to-buy-majority-stake-in-big-basket-clears-way-in-e-grocery/articleshow/81088591.cms करोना संकटानंतर राहणीमान तसेच व्यवसायाच्या पद्धतीत देखील बदल झाला आहे. करोनापूर्वी केवळ फॅशन आणि इलेक्ट्रॉनिक्स वस्तूंच्या शॉपिंगपुरता मर्यादित असलेल्या ई-कॉमर्स मंचावर मागील वर्षभरात
