Corporates

Indian Oil Corporation Buys Johan Sverdrup Crude From Norway: Sources

Indian Oil Corporation Buys Johan Sverdrup Crude From Norway: Sources

Reuters | Monday April 05, 2021

The move follows the Indian government's call to cut dependence on crude from the Middle East in an escalating stand-off between India and Saudi Arabia

Adani Ports Is Now Sole Owner Of Krishnapatnam Port in Andhra Pradesh

Adani Ports Is Now Sole Owner Of Krishnapatnam Port in Andhra Pradesh

Edited by Abhishek Vasudev | Monday April 05, 2021

Last month, Adani Ports had acquired controlling stake in Gangavaram Port (GPL) in Andhra Pradesh from DVS Raju Family for Rs 3,604 crore.

Coal India Arm Registers Record Production, Dispatch In 2020-21

Coal India Arm Registers Record Production, Dispatch In 2020-21

Press Trust of India | Saturday April 03, 2021

Mahanadi Coalfields Ltd also registered a record of 174.5 MCuM of overburden removal in the last fiscal

Tata Motors Completes Transfer Of Its Defense Business To Tata Advanced Systems

Tata Motors Completes Transfer Of Its Defense Business To Tata Advanced Systems

ANI | Saturday April 03, 2021

The transfer has been completed through a slump sale as per scheme of arrangement approved by National Company Law Tribunal (NCLT) at Mumbai and Hyderabad.

Tata Motors Sales Up 5% In 2020-21, 66,609 Units Sold In March

Tata Motors Sales Up 5% In 2020-21, 66,609 Units Sold In March

Edited by Nikita Prasad | Thursday April 01, 2021

Tata Motors Sales March 2021: The total passenger vehicle sales increased to 29,654 units in March 2021, compared with 5,676 units in the corresponding month last year.

Future Retail To Offer Quick Online Deliveries In Bet On E-Commerce Sector

Future Retail To Offer Quick Online Deliveries In Bet On E-Commerce Sector

Reuters | Thursday April 01, 2021

Future will allow customers to order goods from its popular hypermarket "Big Bazaar" stores in Mumbai, Bengaluru, and New Delhi and later expand the service to 150 cities

Coal India Annual Production Drops For Second Straight Year

Coal India Annual Production Drops For Second Straight Year

Reuters | Thursday April 01, 2021

The state-run miner produced 596.2 million tonnes of coal for the year ended March 31, compared with 602.1 million tonnes last year. Coal sales fell 1.3 per cent to 573.8 million tonnes

Maruti Suzuki Sales Drop 6.7% In 2020-21, 1.67 Lakh Units Sold In March

Maruti Suzuki Sales Drop 6.7% In 2020-21, 1.67 Lakh Units Sold In March

Edited by Nikita Prasad | Thursday April 01, 2021

Maruti Suzuki Sales March 2021: Domestic sales reported last month recovered to March 2019 levels, and total sales, including domestic and export, dropped 6.7 per cent in fiscal 2020-21.

Adani Transmission To Buy Warora-Kurnool Transmission

Adani Transmission To Buy Warora-Kurnool Transmission

Edited by Peter Noronha | Monday March 29, 2021

WKTL will develop, operate and maintain transmission lines aggregating 1,750 ckt km, Adani Transmission said in a regulatory filing to the stock exchanges

Centre Can Ask 10% More Profit From Barmer Block To Extend Vedanta Contract: High Court

Centre Can Ask 10% More Profit From Barmer Block To Extend Vedanta Contract: High Court

Press Trust of India | Friday March 26, 2021

The court also said that Vedanta does not have the right to demand extension of the PSC on unilateral terms that suit its interest, overlooking the interest of the State, which is a trustee of the natural resources under a Constitutional mandate.

Amazon Calls For Not Altering Foreign E-Commerce Investment Rules: Report

Amazon Calls For Not Altering Foreign E-Commerce Investment Rules: Report

Reuters | Thursday March 25, 2021

Amazon has said it "does not give preferential treatment to any seller on its marketplace," and that it "treats all sellers in a fair, transparent, and non-discriminatory manner".

Jubilant FoodWorks To Launch Popeyes Restaurants In India

Jubilant FoodWorks To Launch Popeyes Restaurants In India

Edited by Abhishek Vasudev | Thursday March 25, 2021

Popeyes is an American multinational food chain which was founded in New Orleans in 1972, Popeyes has more than 45 years of history and culinary tradition.

Supreme Court Remits Jaypee Infratech's Resolution Plan To Creditors For Approval

Supreme Court Remits Jaypee Infratech's Resolution Plan To Creditors For Approval

Press Trust of India | Thursday March 25, 2021

No new expression of interest will be entertained for taking over Jaypee Infratech and only the state-owned NBCC and Suraksha Realty may file revised proposals, the top court said

Court Drops Restraint On Future Group Chief's Sale Of Personal Assets

Court Drops Restraint On Future Group Chief's Sale Of Personal Assets

Reuters | Monday March 22, 2021

Last week, Delhi High Court judge ordered Mr Biyani and others not to dispose of their assets.

Amazon Receives Notice From Delhi High Court On Future Group-Reliance Deal

Amazon Receives Notice From Delhi High Court On Future Group-Reliance Deal

Edited by Peter Noronha (with inputs from PTI) | Monday March 22, 2021

The Delhi High Court also stayed a single judge's order restraining Future Retail from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business