Page 57 - Companies
Investors left empty-handed in IndiGo block trade due to slippage
None of the investors lined up by the banks working on billionaire Rakesh Gangwal's sale of part of his family's stake in IndiGo got any shares in the block trade as a result of slippage
 "Investors left empty-handed in IndiGo block trade due to slippage")
LML looking at comeback with e-scooters, may use Harley unit in Manesar
Company reportedly looking to launch three two-wheeler concepts later this month
 "LML looking at comeback with e-scooters, may use Harley unit in Manesar")
Reliance can explore reorganising company to list subsidiaries: Report
Management and shareholders may consider a reorganisation of company to achieve three mutually linked objectives of structure, succession and segregation, says a report by Kotak Institutional Equities
 "Reliance can explore reorganising company to list subsidiaries: Report")
As it looks to rebuild, Archies may have a few cards up its sleeve
Besides the merchandise, Archies is also seeking to shift focus online with its e-commerce platform
 "As it looks to rebuild, Archies may have a few cards up its sleeve")
PVR shareholders to mull Inox merger on Oct 11, creditors' meet same day
Investors' meet over videoconference comes after Mumbai NCLT's directive to PVR; both Inox Leisure and PVR had said this June that they had received clearances for their merger NSE and BSE
 "PVR shareholders to mull Inox merger on Oct 11, creditors' meet same day")
Google pays billions annually to remain top search engine: US Justice Dept
DOJ attorney Kenneth Dintzer didn't disclose how much Google spends to be the default search engine on most browsers and all US mobile phones, but described the payments as "enormous numbers"
 "Google pays billions annually to remain top search engine: US Justice Dept")
PhonePe tokenises 14 mn cards ahead of RBI's deadline of Sept 30
PhonePe said it is working with three major card networks, Visa, Mastercard, and RuPay, to meet the regulator's tokenisation deadline of September 30.
 "PhonePe tokenises 14 mn cards ahead of RBI's deadline of Sept 30")
India, US must cooperate in climate change, semiconductors: Gautam Adani
The two countries must commit to 'free trade, openness, integration' of economies, says Adani Group chairman in award acceptance speech.
 "India, US must cooperate in climate change, semiconductors: Gautam Adani")
FMCG companies ramp up supply chains, marketing ahead of festive season
FMCG sales in August grew by 6.3 per cent sequentially, according to the latest data from Bizom. Sales had been declining for the previous three months
 "FMCG companies ramp up supply chains, marketing ahead of festive season")
Fintech start-up FinAGG raises $3mn in funding to expand business
Company seeks to gain from increasing global supply chain financing volumes
 "Fintech start-up FinAGG raises $3mn in funding to expand business")
Made in India iPhones to be 5-7% of Apple's global supply this year
As Apple gears up for the launch of iPhone 14 on September 7, its plants in India are also gearing up to manufacture more of these phones to contribute more to Apple's global supply
 "Made in India iPhones to be 5-7% of Apple's global supply this year")
YES Bank likely to acquire Bengaluru's Ritz Carlton from NEL Holdings
Ritz Carlton in Bengaluru was the first property of Marriott International under the Ritz Carlton brand
 "YES Bank likely to acquire Bengaluru's Ritz Carlton from NEL Holdings")
Healthy order book, launches to help Maruti take the growth wheel
Market share, margin recovery remain key triggers for the stock, say brokerages
 "Healthy order book, launches to help Maruti take the growth wheel")
Fiscal 2022 was not the smoothest year for Dish TV: Annual Report
The DTH market has been facing major challenges as the market evolves steadily. Linear television is making way for digital services, forcing players to reinvent quickly.
 "Fiscal 2022 was not the smoothest year for Dish TV: Annual Report")
BigBasket co-founder Abhinay Choudhari launches tech-led laundry service
BigBasket co-founder Abhinay Choudhari has launched LaundryMate as his next venture aimed at solving the household laundry chore and tapping a $15 billion opportunity by 2025
 "BigBasket co-founder Abhinay Choudhari launches tech-led laundry service")
Top 10 in broadband? India needs to go from 1.95% to 40% adoption
Mukesh Ambani wants to achieve the target by deploying 5G fixed wireless access to homes
 "Top 10 in broadband? India needs to go from 1.95% to 40% adoption")
Google to extend third party billing to developers in India, other nations
A reasonable service fee will continue to apply to support investments in Android and google Play
Akasa, IndiGo slash fares as competition heats up in domestic market
Prices lower by 20-25% on Akasa Air's three routes, discounts being offered even for close-in travel
 "Akasa, IndiGo slash fares as competition heats up in domestic market")
Shell's CEO Ben van Beurden prepares to step down next year: Reports
During his tenure van Beurden oversaw Shell's biggest acquisition in decades and steered the company through two major downturns
 "Shell's CEO Ben van Beurden prepares to step down next year: Reports")
Adani utility firm eclipses India giants in value with a rise of 125%
Market value of Adani Transmission now beats India's LIC, Bharti, ITC
 "Adani utility firm eclipses India giants in value with a rise of 125%")
