Corporates

Reliance To Buy Luxury Hotel In New York For Nearly $100 Million

Reliance To Buy Luxury Hotel In New York For Nearly $100 Million

Reuters | Sunday January 09, 2022

Reliance Industries is paying nearly $100 million for a controlling stake in Mandarin Oriental New York, a five-star hotel in midtown Manhattan

Rs 110-Crore Total Customer Bookings Generated On New Year Weekend: OYO CEO

Rs 110-Crore Total Customer Bookings Generated On New Year Weekend: OYO CEO

Press Trust of India | Saturday January 08, 2022, New Delhi

''58 per cent bookings for the New Year's eve were made on the same day keeping the trend witnessed since December 2017 that reflected the "impulsive emotion and decision" related with travel,'' said OYO CEO Ritesh Agarwal.

Antitrust Watchdog Orders Probe Against Google For Alleged Abuse Of Position: Report

Antitrust Watchdog Orders Probe Against Google For Alleged Abuse Of Position: Report

Press Trust of India | Friday January 07, 2022, New Delhi

The order came on a complaint filed by the Digital News Publishers Association, which is a private company that promotes and secures interest of digital news publishers.

Tata Steel Output Grows 2% To 7.68 MT In December Quarter; Sales Drop 3%

Tata Steel Output Grows 2% To 7.68 MT In December Quarter; Sales Drop 3%

Edited by Nikita Prasad (With inputs from Agencies) | Friday January 07, 2022

Tata Steel Q3 Output: In India, Tata Steel produced 4.80 MT of steel in the third quarter of current fiscal, compared to 4.60 MT in the year-ago period.

TCS Board To Consider Buyback Proposal On January 12

TCS Board To Consider Buyback Proposal On January 12

Press Trust of India | Friday January 07, 2022, New Delhi

The Board of the Mumbai-based company is scheduled to meet on January 12 to approve and take on record the financial results of the company for the third quarter and nine months ending December 31, 2021.

Centre Selects TCS To Drive Second Phase Of Passport Seva Program

Centre Selects TCS To Drive Second Phase Of Passport Seva Program

Press Trust of India | Friday January 07, 2022, New Delhi

Tata Consultancy Services (TCS) on Friday said it has been selected by the Ministry of External Affairs (MEA) for the second phase of the Passport Seva Program.

Reliance Raises $4 Billion In India's Largest-Ever Foreign Currency Bonds Issue

Reliance Raises $4 Billion In India's Largest-Ever Foreign Currency Bonds Issue

Press Trust of India | Thursday January 06, 2022, New Delhi

Reliance Industries Limited on Thursday said it has raised $4 billion in debt through the largest ever foreign currency bond issuance

Shapoorji Pallonji Sells Green Energy Unit's 1.84 Crore Shares To Reliance

Shapoorji Pallonji Sells Green Energy Unit's 1.84 Crore Shares To Reliance

Press Trust of India | Thursday January 06, 2022, New Delhi

Shapoorji Pallonji and Company on Thursday said it has sold 1.84 crore shares of Sterling And Wilson Renewable Energy to Reliance New Energy Solar

Anand Rathi Wealth's December Quarter Profit Rises To Rs 32 Crore

Anand Rathi Wealth's December Quarter Profit Rises To Rs 32 Crore

Press Trust of India | Thursday January 06, 2022, New Delhi

Anand Rathi Wealth, part of Mumbai-based financial services group Anand Rathi, on Thursday reported a jump in profit at Rs 32.04 crore

Madras High Court Extends Stay On Single Judge SpiceJet Order Till January 11

Madras High Court Extends Stay On Single Judge SpiceJet Order Till January 11

Press Trust of India | Thursday January 06, 2022

Madras High Court extended till January 11, the operation of an interim stay on the verdict of a single judge, which ordered winding up of SpiceJet

Lulu Group To Invest Rs 200 Crore In J&K, To Set Up Food Processing, Logistics Hub

Lulu Group To Invest Rs 200 Crore In J&K, To Set Up Food Processing, Logistics Hub

Press Trust of India | Thursday January 06, 2022

UAE-based retail major Lulu group on Thursday said it will invest Rs 200 crore in Jammu & Kashmir to set up a food processing and logistic hub

Reliance Retail To Invest $200 Million In Delivery Firm Dunzo

Reliance Retail To Invest $200 Million In Delivery Firm Dunzo

Edited by Prashun Talukdar | Thursday January 06, 2022, New Delhi

Reliance Retail has purchased a 25.8 per cent stake in India's leading quick commerce player Dunzo for $200 million (nearly Rs 1,488 crore) as it looks to expand its presence in the grocery delivery business.

Reliance Industries Raises $4 Billion In India's Biggest Forex Bond Deal: 10 Points

Reliance Industries Raises $4 Billion In India's Biggest Forex Bond Deal: 10 Points

Edited by Prashun Talukdar | Thursday January 06, 2022, New Delhi

Mukesh Ambani-led Reliance Industries Ltd on Thursday said it has raised $4 billion debt in the country's largest-ever foreign currency bond deal. The oil-to-telecom conglomerate raised the money in foreign currency denominated bonds and plans to use the proceeds to retire existing borrowings.

Jet Airways' Interim CEO Sudhir Gaur Resigns

Jet Airways' Interim CEO Sudhir Gaur Resigns

Edited by Animesh Singh | Wednesday January 05, 2022

Jet Airways' interim CEO Sudhir Gaur has resigned from his post

NCLAT Junks Anil Agarwal-Led Firm's Takeover Of Videocon, Seeks Fresh Bids

NCLAT Junks Anil Agarwal-Led Firm's Takeover Of Videocon, Seeks Fresh Bids

Press Trust of India | Wednesday January 05, 2022, New Delhi

A bankruptcy appeals court has scrapped billionaire Anil Agarwal-led Twin Star Technologies' winning bid to take over Videocon Industries Limited