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
Category: Company Specific News
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
Correction in SBI Life stock an opportunity for long-term investors | Business Standard News
lipped from: https://www.business-standard.com/article/companies/correction-in-sbi-life-stock-an-opportunity-for-long-term-investors-121090901324_1.html Industry is on the recovery trail; annual premium equivalent up 11 per cent in August versus the two-year average Life Insurance The Life
On telecom, think big and act bold – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/on-telecom-think-big-and-act-bold/articleshow/86047358.cmsSynopsis Telcos should pay taxes on their profits as normal companies do, apart from bearing a small levy to pay for regulation. The government’s
Tata Digital | TCS: Tata Digital could be the TCS of the future, says Rajesh Gopinathan
Clipped from: https://economictimes.indiatimes.com/tech/information-tech/et-exclusive-tata-digital-could-be-the-tcs-of-the-future-says-rajesh-gopinathan/articleshow/85964871.cmsSynopsis Tata Consultancy Services is focusing on growth and transformation to expand revenue from existing clients by offering them more services, says chief executive
DHFL: SC asks NCLAT to wrap up 63 Moons’ appeal against Piramal Group in 2 months – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/dhfl-sc-asks-nclat-to-wrap-up-63-moons-appeal-against-piramal-group-in-2-months/article36325862.ece?homepage=true Refuses to stay operation of resolution plan in the interim The Supreme Court has directed the National Company Law Appellate Tribunal (NCLAT) to
stocks to invest in: Sensex @ 58,000: 10 value stocks that are worth investing in now – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/sensex-58000-10-value-stocks-that-are-worth-investing-in-now/articleshow/85921217.cms SynopsisAfter the growth-led rally, the value segment seems to be catching up now. Experts say these style shifts usually last a few years,
Infosys: Inside Infosys’s income-tax portal mess: vain ambition, flawed DevOps, and hubris of one-day refunds – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/inside-infosyss-income-tax-portal-mess-vain-ambition-flawed-devops-and-hubris-of-one-day-refunds/primearticleshow/85928464.cms SynopsisWhen an inherently complex digital project is disrupted by the pandemic, but the client won’t defer deadlines, it can only lead to a
hdfc bank: HDFC Bank will surprise itself on NPA recovery front in Q2: Rahul Shukla – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/hdfc-bank-will-surprise-itself-on-npa-recovery-front-in-q2-rahul-shukla/articleshow/85975329.cmsSECTIONSHDFC Bank will surprise itself on NPA recovery front in Q2: Rahul ShuklaLast Updated: Sep 06, 2021, 04:32 PM ISTSynopsis “We are a large
Cashfree launches Banking-as-a-service offering ‘Accounts’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/cashfree-launches-banking-as-a-service-offering-accounts/article36316608.ece?homepage=true Accounts will allow businesses to offer features such as account opening, linking, deposits and interest earning Bengaluru-based Cashfree, a digital payments and banking
Supertech to file review petition against SC order; twin towers built as per law: Chairman RK Arora – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/supertech-to-file-review-petition-against-sc-order-twin-towers-built-as-per-law-chairman-rk-arora/articleshow/85923837.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “While we respect the Hon’ble Supreme Court order, we have decided to re-present the matter before the Hon’ble Supreme Court in a review
Flipkart founder Sachin Bansal moves Madras HC challenging ED’s ₹10,600-cr FEMA violation notice – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/flipkart-founder-sachin-bansal-moves-madras-hc-challenging-eds-10600-cr-fema-violation-notice/article36272591.ece?homepage=true Notice violates the petitioner’s fundamental rights guaranteed under the Constitution, says petition Flipkart founder Sachin Bansal on Friday moved the Madras High Court
McLeod Russel out of IBC after settling with financial creditor – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/mcleod-russel-comes-out-of-insolvency-after-settlement-with-tech-electric/article36289049.ece?homepage=true Sources say Khaitans paid off a major part of a ₹100-cr loan from Techno Electric & Engg The Williamson Magor Group firm, McLeod
NCLAT issues notice over PNB’s plea against Jet Airways resolution plan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/nclat-issues-notice-over-pnbs-plea-against-jet-airways-resolution-plan/articleshow/85901145.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis PNB has challenged the approval of the Resolution Plan by Kalrock-Jalan Consortium on June 22, 2021, by the Mumbai bench of the NCLT.
bharti axa: ICICI Lombard gets final IRDAI approval for Bharti Axa acquisition – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/insure/icici-lombard-gets-final-irdai-approval-for-bharti-axa-acquisition/articleshow/85921963.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The insurance regulator IRDAI’s final approval for the merger of the two general insurance businesses comes over a year after ICICI Lombard bought
For every Rs 100 earned, Rs 35 goes to govt: Sunil Mittal on telecom woes | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/airtel-s-fund-raise-plans-give-power-to-tap-large-opportunities-mittal-121083000755_1.html Airtel’s Rs 21,000 crore fund-raising plans will give the firm the fuel to shift to a higher gear and tap large opportunities, its
Vodafone Idea: A Vodafone Idea collapse may prove costly for 150 million 2G Users – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/a-vi-collapse-may-prove-costly-for-150m-2g-users/articleshow/85310573.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis About 140-150 million 2G subscribers of Vodafone Idea (Vi) would be the most affected if the struggling telco succumbs to its financial woes,
Provident fund losses force Air India to pay its staff lower than EPFO rate – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/pf-losses-force-air-india-to-pay-its-staff-lower-than-epfo-rate/articleshow/85312477.cmsSynopsis EPFO has approved an interest rate of 8.5% for the current year and AI employees are getting less than that, sources said. The
SC rejects challenge to approval of resolution plan of Reliance Infratel by operational creditors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/sc-rejects-challenge-to-approval-of-resolution-plan-of-reliance-infratel-by-operational-creditors/articleshow/85213372.cmsSynopsis A bench of Justices DY Chandrachud and M R Shah said that exclusion of some of the financial creditors from the Committee of
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