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Articles for Companies & Markets

Wockhardt Terms Congress Party's Allegations As "Completely Baseless And Misleading"

The company said it has acted and continues to act in compliance with all applicable laws

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SpiceJet Strikes Deal With Carlyle Aviation Partners To Restructure Debt, Eyes Fresh Capital

The deal restructures USD 137.68 million of SpiceJet’s lease liabilities, which will be reduced to USD 97.51 million after waivers and settlements

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Byju’s Faces $101 Mn Tax Demand: Report

According to documents on the Insolvency and Bankruptcy Board of India’s website, the Department of Revenue is seeking USD 18.7 million, while Karnataka’s state tax department, where Byju’s is headquartered, is claiming USD 82.3 million in unpaid dues

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PAC To Probe Allegations Against Sebi Chief Over Adani Investigation: Report

As per a media report, the issue was added to the PAC's agenda after several committee members raised the need for a review during a meeting on 29 August

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Sanjeev Mehta Quits Standard Chartered, Set To Launch Greenfield Venture

Marking an end to a stint spanning over 17 years, Sanjeev Mehta has resigned from Standard Chartered Bank. He is now looking to explore opportunities as an entrepreneur

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Reliance
RIL Approves 1:1 Bonus Share Issue, Record Date To Be Announced Soon

The announcement marks RIL's sixth bonus issue since its IPO and the second during the company’s “Golden Decade,” which spans from 2017 to 2027

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Amazon To Boost Indian Exports To $5 Bn In 2024: Report

Amazon is set to facilitate USD 5 billion in sales of small-ticket items from Indian exporters this year, a big jump from the nearly USD 3 billion recorded in 2023

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Reliance Industries Board Approves 1:1 Bonus Issue For Shareholders

The bonus shares will be issued by capitalising from the company's securities premium account, general reserves, or retained earnings

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