Clipped from: https://www.businesstoday.in/latest/corporate/story/amazons-great-indian-festival-to-begin-on-oct-4-over-75000-local-shops-to-participate-307534-2021-09-24 Furthering its commitment to support Small Medium Businesses (SMBs), the e-commerce giant has stated that Amazon GIF 2021 is dedicated to 8.5 lakh
Category: Company Specific News
CCI fines United Breweries Rs 750 cr for indulging in cartelisation – BusinessToday
Clipped from: https://www.businesstoday.in/latest/corporate/story/cci-fines-united-breweries-rs-750-cr-for-indulging-in-cartelisation-307565-2021-09-24 While UBL and CIPl have been fined Rs 750 crore and Rs 120 crore respectively, penalty has been waived off for AB InBev
Jio, Airtel gain subscribers in July, Voda Idea loses 14.3 lakh users: Trai data – BusinessToday
Clipped from: https://www.businesstoday.in/industry/telecom/story/jio-airtel-gain-subscribers-in-july-voda-idea-loses-143-lakh-users-trai-data-307459-2021-09-23 Reliance Jio’s market share in terms of wireless subscribers was the highest at 37.34 per cent in July, followed by Bharti Airtel at
Indiabulls Housing Finance repays NCDs worth over Rs 7,000 cr in Sept – BusinessToday
Clipped from: https://www.businesstoday.in/latest/corporate/story/indiabulls-housing-finance-repays-ncds-worth-over-rs-7000-cr-in-sept-307533-2021-09-24 The country’s second-largest housing finance company also said that the repayment of the public NCDs was done ahead of the scheduled repayment dates
China’s Evergrande Group bondholders in limbo over debt resolution | Business Standard News
Clipped from: https://www.business-standard.com/article/international/china-s-evergrande-group-bondholders-in-limbo-over-debt-resolution-121092400163_1.html The company has run short of cash to fund its $305 billion in debts and markets are worried that a collapse could pose
AGR deferment has resuscitated the idea of a three-player market: Analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/agr-deferment-has-resuscitated-the-idea-of-a-three-player-market-analysts-121091600280_1.html While most brokerages have given a thumbs up to the development and suggest the provisions give some breathing space to Vodafone Idea (VI),
Apna acquires unicorn status after $100 mn fundraise led by Tiger Global | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/apna-acquires-unicorn-status-after-100-mn-fundraise-led-by-tiger-global-121091501644_1.html Owl Ventures, Insight Partners, Sequoia Capital India, Maverick Ventures and GSV Ventures also participate. With this, Apna has a total valuation of $1.1
vodafone idea: Centre may pick up token stake in Vodafone Idea to allay investor concerns – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/govt-considers-picking-up-token-stake-in-voda-idea/articleshow/86216417.cmsSynopsis The government is open to picking up a token stake in Vodafone Idea by converting a part of the dues the company owes
ratan tata: Tata Sons mulling leadership makeover of $106 billion empire, may create space for CEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/tata-sons-mulling-leadership-makeover-of-106-billion-empire-may-create-space-for-ceo/articleshow/86194855.cmsSynopsis The current chairman of Tata Sons, Natarajan Chandrasekaran, is being considered for extension after his term ends in February, while heads of various
From Ford Motor to Harley-Davidson, why US automakers stalled in India | Business Standard News
Clipped from: https://www.business-standard.com/article/automobile/from-ford-motor-to-harley-davidson-why-us-automakers-stalled-in-india-121091301507_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Failure to read the market and taxes favouring small cars made some of the most storied names in the global automobile industry fail
Zomato shuts down its grocery delivery pilot – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/zomato-shuts-down-its-grocery-delivery-pilot/article36412712.ece?homepage=true File photo – REUTERS File photo – REUTERS× Zomato has said that their marketplace model has had moderate success Zomato has shut down
Ford Motor India: Ford’s cardinal mistake in India was that it did not have a plan B: Hormazd Sorabjee, Autocar India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/fords-cardinal-mistake-in-india-was-that-it-did-not-have-a-plan-b-hormazd-sorabjee-autocar-india/articleshow/86090869.cmsSECTIONSFord’s cardinal mistake in India was that it did not have a plan B: Hormazd Sorabjee, Autocar IndiaByTamanna Inamdar,Last Updated: Sep 10, 2021, 01:26
PayU: An INR35,000 crore question: can BillDesk acquisition help PayU lead the payments race? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/an-inr35000-crore-question-can-billdesk-acquisition-help-payu-lead-the-payments-race/primearticleshow/86122631.cms SynopsisThough BillDesk is not a new-age payment provider with lending and other businesses, its focus on fundamentals and deeply entrenched position among utility-payment
Flipkart GMV: Exclusive: Flipkart in line for a 50% rise in its annualised GMV at $23 billion – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/exclusive-flipkart-in-line-for-a-50-rise-in-its-annualised-gmv-at-23-billion/articleshow/86148462.cmsSynopsis This year’s GMV run-rate indicates more than 50 per cent growth year on year for the Walmart-owned ecommerce giant even as the sector
Ford leaves India, prompting question about capital intensity and industry | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/ford-leaves-india-prompting-question-about-capital-intensity-and-industry-121091300213_1.html The higher the capital intensity the fewer the number of companies an industry is able to support. How many producers can an industry
ford india: Ford’s exit from India applies brakes on the future of employees, dealers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/ford-exit-applies-brakes-on-future-of-staff-dealers/articleshow/86102602.cmsSynopsis In Chennai, where one of Ford’s two Indian plants is located, entire communities have evolved around the facility, generating thousands of indirect jobs.
No easy rides: Why is India becoming a graveyard for world’s auto majors? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/no-easy-rides-why-is-india-becoming-a-graveyard-for-world-s-auto-majors-121091000833_1.html India is a market for low-priced cars with low running costs. The global majors don’t have models that fit the bill; only Maruti
Supreme Court stays all Delhi HC proceedings in Future-RIL deal: Sebi, CCI, NCLT told not to pass any order for 4 weeks – The Financial Express
Clipped from: https://www.financialexpress.com/industry/supreme-court-stays-all-delhi-hc-proceedings-in-future-ril-deal-sebi-cci-nclt-told-not-to-pass-any-order-for-4-weeks/2327490/ The judge had also asked for attachment of the assets of Biyani and other directors, and had asked them why they should not
Stung by $2 billion loss, Ford exits manufacturing operation, moves to niche imported models – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/cars-uvs/ford-india-to-shut-down-both-factories-announcement-shortly/articleshow/86062587.cmsSynopsis Ford’s hastily organised townhall by Indian management reflected the woes of the US automaker’s journey in India. It has been struggling amid weak
vijaya diagnostic ipo: After Vijaya Diagnostic’s tepid IPO, can strong financials and regional presence lift it up? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/pharma-and-healthcare/after-vijaya-diagnostics-tepid-ipo-can-strong-financials-and-regional-presence-lift-it-up/primearticleshow/86045984.cms SynopsisA sluggish sentiment that affected some recent public issues seems to have rubbed off on Vijaya Diagnostic. However, what works for it is
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