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
Category: Company Specific News
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
We want to scratch beyond the surface in the consumer home space: Asian Paints’ Amit Syngle – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/paints/we-want-to-scratch-beyond-the-surface-in-the-consumer-home-space-asian-paints-amit-syngle/articleshow/81094858.cmsSynopsis Its modular kitchen and bath fittings businesses, which the company acquired to diversify, are still in their gestation periods and should bear good
India’s Enforcement Directorate to examine findings in report on Amazon: Source – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/indias-enforcement-directorate-to-examine-findings-in-report-on-amazon-source/articleshow/81093604.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The Reuters story was based on internal Amazon documents dated between 2012 and 2019. It provided an inside look at the cat-and-mouse game
Flipkart says working on scaling loyalty programme, grocery, fashion biz – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/flipkart-says-working-on-scaling-loyalty-programme-grocery-fashion-biz/articleshow/81096333.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “Flipkart Plus, which is a very uniquely local loyalty programme, is one very big priority. Second, grocery as a category is something where
DHFL Piramal takeover: RBI’s DHFL approval takes Piramal one step closer to expand reach to grow retail book – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/rbis-dhfl-approval-takes-piramal-one-step-closer-to-expand-reach-to-grow-retail-book/articleshow/81092982.cmsSynopsis A quick approval from the RBI is likely a precursor for a NCLT approval even as the resolution plan, the first for a
Tata Motor on a tear, plans to double output – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/tamo-on-a-tear-plans-to-double-output/articleshow/81078760.cms Synopsis–Tata Motors appears to have turned the corner – and is on course to reclaim its podium position in a market dominated by
Is Tata Chemicals going to be the next jewel in Tata crown? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/is-tata-chemicals-going-to-be-the-next-jewel-in-tata-crown/articleshow/81044628.cms Synopsis–Tata Chemicals has staged a sharp rally off the recent lows. The stock is expected to touch Rs 620 in the short term,
Future Group creditors scramble to recover $2.5 billion loans amid Reliance deal woes: Bankers – The Financial Express
Clipped from: https://www.financialexpress.com/industry/future-group-creditors-scramble-to-recover-2-5-billion-loans-amid-reliance-deal-woes-bankers/2195755/ Bankers exploring one-time restructuring option for Future group; Lenders concerned liquidation scenario cannot be ruled out Future, India’s No.2 retailer with more than
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