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    1. Business News
    2. Authors
    3. rajesh kurup

    Rajesh Kurup

    Anil Ambani RCap NCLAT
    RCap bidders seek further extension of deadline

    RCap has a debt of about Rs 20,000 crore, and together with RCF and RHF, it stands at about Rs…

    By Rajesh Kurup
    August 1, 2022 03:00 IST
    asian paints
    Asian Paints shows uptrend post results; analysts upbeat

    On Tuesday, buoyant on rising customer demand Asian Paints’ consolidated net profit rose 80.4% on a year-on-year basis to Rs…

    By Rajesh Kurup
    July 28, 2022 08:04 IST
    Institutional investors reject 2 resolutions of Orchid Pharma, PVR

    A resolution by Equitas Small Finance Bank to approve remuneration payable to executive director Rohit Gangadharrao Phadke for three years…

    By Rajesh Kurup
    July 26, 2022 01:00 IST
    However, this was trimmed to Rs 15,000 crore, reducing it to the same levels as the previous year.
    JSW Steel to review capex cut after two quarters: Seshagiri Rao

    In 2018, the company had acquired stakes in Italian businesses as part of its overseas expansion plans. The businesses were…

    By Rajesh Kurup
    July 25, 2022 02:45 IST
    Further, the firms raised flags against approving financial statements and raising of borrowing limits of group firms, and reappointments of certain directors, among others.
    RAISE A FLAG: Two proxy advisory firms advise against voting for Adani’s resolutions

    On its part, IiAS advised shareholders to vote against approval of AEL’s financial statements for the year ended March 31,…

    By Rajesh Kurup
    July 24, 2022 05:00 IST
    The firm, which had earmarked Rs 8,000-10,000 crore capex per annum over the next decade, would further increase it after three years.
    JSW Energy to commission about 2.25 GW of renewable capacity in 18 months

    At Rs 560 cr, company’s profit zooms 179% in Q1

    By Rajesh Kurup
    July 22, 2022 05:30 IST
    On June 27, NCLT’s Mumbai bench, which has been hearing the case, had reserved its order for a later date.
    NCLT admits insolvency petition filed by Bank of India against Future Retail

    Tribunal initiates insolvency proceedings, rejects Amazon’s objections

    By Rajesh Kurup
    July 21, 2022 05:00 IST
    Boardroom Havells India
    Institutional investors dissent resolutions of Delhivery, Havells India, shows data

    A whopping 100% of institutional investors voted against Milkfood’s motion seeking shareholders’ approval for the merger of Triputi Infrastructure with…

    By Rajesh Kurup
    July 19, 2022 01:45 IST
    Proxy advisory firms raise flag against Sajjan Jindal’s remuneration

    The advisories by Institutional Investor Advisory Services (IiAS) and Stakeholders Empowerment Services (SES) come ahead of JSW Steel’s AGM on…

    By Rajesh Kurup
    July 19, 2022 01:15 IST
    That is because organisations across sectors are today convinced of the role that digital transformation plays in creating long-term market relevance and competitive differentiation.
    Transformational deals are evolving into strategic engagements: Venu Lambu, executive director & president (global markets), Mindtree

    The firm’s attrition during the quarter rose to 24.5% on the last-12-month basis, compared with 23.8% posted in the previous…

    By Rajesh Kurup
    July 18, 2022 03:45 IST
    They have also waived the condition for an earnest money deposit (EMD) of Rs 75 crore on the first date of submission.
    RCap to hive off two group companies into separate trust

    Authum Investment is yet to get RBI approvals for the bids, and litigation pending in different courts has also delayed…

    By Rajesh Kurup
    July 18, 2022 03:10 IST
    However, this is expected to normalise in the next two quarters, according to L&T Technology Services (LTTS) CEO and managing director Amit Chadha.
    Attrition in sector due to higher salaries: L&T Tech CEO and MD Amit Chadha

    For the first quarter ended June 30, LTTS’ attrition was at 23.2% on a last-12-month (LTM) trailing basis.

    By Rajesh Kurup
    July 18, 2022 02:40 IST
    The company had posted a net profit of Rs 262 crore in fourth quarter ended March 31.
    L&T Tech Q1 net rises 4.7% to Rs 274 crore

    In his address to shareholders at the company’s annual general meeting on Friday, chairman AM Naik said that the present…

    By Rajesh Kurup
    July 16, 2022 03:00 IST
    LIC reliance cap
    LIC’s plans to sell RCap bonds worth Rs 3,400 crore hits another roadblock

    LIC extended the deadline to submit bids for bond sales by another 11 days to July 22, following a tepid…

    By Rajesh Kurup
    July 13, 2022 01:15 IST
    Anil Ambani RCap
    RCap bond sales deadline extended to July 22

    Last year, certain bondholders – including Axis Bank and HDFC – had sold off their bonds to asset reconstruction company,…

    By Rajesh Kurup
    July 12, 2022 04:15 IST
    reliance-power bankruptcy
    RPower asset monetisation: 99.88% institutional investors vote against the plan

    Nearly 105 resolutions were voted for by institutional shareholders with more than 90% of the votes cast.

    By Rajesh Kurup
    July 12, 2022 01:00 IST
    Further, a significant portion of its global digitalisation initiatives are now being driven from its Bengaluru centre, turning India into a digital hub for the Swiss firm.
    ABB bets on Indian firms’ digitalisation initiatives

    In the first quarter of 2022, the PA business in India, which includes process industries, gained from conversions in the…

    By Rajesh Kurup
    July 11, 2022 02:00 IST
    Earlier on June 27, following the completion of hearings, the National Company Law Tribunal’s (NCLT) Mumbai bench had reserved its order. On its part, Amazon had filed an interlocutory application asking the tribunal to reject the petition.
    Future Retail directors’ letter only to create confusion, says Amazon

    “It is obvious that the letter from FRL’s independent directors was issued with the sole motive to obfuscate issues that…

    By Rajesh Kurup
    July 7, 2022 06:10 IST
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