Deccan Chronicle Companies News, Latest Deccan Chronicle Companies Epaper | Dailyhunt
English News >> Deccan Chronicle >> Companies

Deccan Chronicle Companies News

  • Companies

    Need to examine various issues on 35 pc minimum public shareholding plan: Sebi chief

    Mumbai: Markets regulator Sebi on Wednesday said various issues need to be examined before deciding on mandating 35 per cent minimum public shareholding in listed companies as many PSUs are yet to meet even the 25 per cent threshold. In the latest Union Budget, Finance Minister Nirmala Sitharaman proposed 35 per cent minimum public shareholding requirement for...

    • 5 hrs ago
  • Companies

    India Inc reports lower revenue, profit growth in Q1: Report

    Mumbai: The ongoing economic slowdown has started hurting corporates as well, with companies reporting a sharp decline in both revenue and profit growth numbers in the June quarter, a report said on Wednesday. India Inc's net sales growth for the June quarter slid to 4.6 per cent as against 13.5 per cent for the same period last year, while the net profit growth moderated to 6.6 per...

    • 6 hrs ago
  • Companies

    Asia's top cigarette maker, ITC in race for stake in Coffee Day: Report

    Mumbai: Aisa's largest cigarette maker, ITC is in a race to purchase a stake in Coffee day Enterprises Ltd, as it seeks to diversify away from tobacco items, as per the report in Bloomberg. According to sources, ITC may be competing with Coca-Cola Co, which has approached India's greatest cafe chain but has not made a formal offer. The manufacturer of Gold Flake and...

    • 8 hrs ago
  • Companies

    SBI plans to establish nearly 10 lakh YONO Cash Points

    Jaipur: State Bank of India, the country's largest lender, is planning to establish nearly 10 lakh YONO Cash Points in the country over 18 months, said its Chairman Rajnish Kumar on Wednesday. The platform is secure and will eliminate the requirement of using debit cards, Kumar said. "A customer can make bill payments and can do digital transactions by using the YONO cash feature. We...

    • 9 hrs ago
  • Companies

    BMW launches new 3 series sedan priced Rs 41.4 lakh onwards

    Gurugram: German luxury carmaker BMW on Wednesday launched the new version of its 3 series sedan priced between Rs 41.4 lakh and Rs 47.9 lakh (ex-showroom). The new offering is longer and wider than the previous versions, but weighs 55 kgs lighter. BMW Group India President and CEO Rudratej Singh said the 3 series has been the "heart and soul of BMW" and for over four...

    • 9 hrs ago
  • Companies

    NCLAT asks Jet lenders if they would cooperate with Dutch court administrator

    New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Wednesday asked lenders of Jet Airways whether they would cooperate with the Dutch court administrator who is also pursuing insolvency proceedings against the debt-ridden carrier. A three-member NCLAT bench headed by Chairman Justice S J Mukhopadhyay asked the Committee of Creditors (CoC) of Jet Airways...

    • 9 hrs ago
  • Companies

    CFO optimism on biz environment for Jul-Sep qtr remains unchanged: Survey

    New Delhi: The optimism level among chief financial officers about the country's financial and macro-economic conditions for the July-September quarter of this year remained unchanged on a year-on-year basis owing to weak liquidity and macro-economic conditions, says a survey. The Dun & Bradstreet Composite CFO Optimism Index remained unchanged, increased only by 0.6...

    • 10 hrs ago
  • Companies

    Parle may cut up to 10,000 jobs amid slowdown, falling demand

    Bengaluru: Parle Products Pvt Ltd, a leading Indian biscuit maker, might lay off up to 10,000 workers as slowing economic growth and falling demand in the rural heartland could cause production cuts, a company executive said on Wednesday. A downturn in Asia's third-largest economy is denting sales of everything from cars to clothing, forcing companies to curtail production and...

    • 12 hrs ago
  • Companies

    CG Power hits lower circuit limit; Yes Bank tumbles over 4 per cent

    New Delhi: Shares of CG Power and Industrial Solutions on Wednesday slumped 20 per cent to touch their lowest trading permissible limit for the second consecutive day amid alleged financial irregularities in the company. On the BSE, the scrip tumbled 20 per cent to touch its 52-week low of Rs 11.80. On the NSE, the shares plunged 19.93 per cent to reach their lower price brand...

    • 12 hrs ago
  • Companies

    DHFL resolution: Union Bank says lenders may convert debt into equity

    Mumbai: Resolving the crippled mortgage lender DHFL's over Rs 90,000 crore debt is "not so easy" and banks are considering converting their outstanding into equity, Union Bank of India said Tuesday. Rajkiran Rai, the managing director and chief executive for the state-run UBI, which is the lead-lender to the crippled housing financier, Tuesday clarified that if the...

    • 12 hrs ago

Loading...

Top