BIZ EOD

Tata Motors Limited shall continue to have identical shareholding in both the listed entities.

Updated : Mar 4, 2024

Eye on higher growth: Tata Motors to demerge its businesses into two listed companies - passenger, commercial

The demerger will be implemented through an NCLT scheme of arrangement and all shareholders of TML (Tata Motors Limited) shall continue to have identical shareholding in both the listed entities.

The Wall Street Journal earlier this month reported that Disney had agreed to sell 60 per per cent of its Indian business to Viacom18.

Updated : Feb 25, 2024

Reliance, Disney sign binding merger pact, RIL to own 61% in merged entity: Report

As per the pact, the media unit of Reliance and its affiliates are expected to own at least 61 per cent in the merged entity, with Disney holding the rest.

Updated : Apr 29, 2023

Air India CEO Campbell Wilson says 90% crew have accepted new compensation package

This announcement came after around 1,500 Air India pilots had written a letter to Ratan Tata, the Chairman Emeritus of Tata Sons, requesting his intervention over the airline's proposed revised terms and conditions of service.

Adani Group has come under attack following the scathing report by US short-seller Hindenburg

Updated : Mar 19, 2023

Hindenburg-hit Adani Group suspends work on Rs 34,900 cr petchem project in Gujarat

Hindenburg, in its report published on January 24, claimed that key listed Adani companies had taken on substantial debt, putting the entire group on precarious financial footing. As the report triggered a crash in Adani stocks, the group scrambled to cut its debts and win back the confidence of investors.

While the Vedanta Foxconn semiconductor proposal is gradually emerging as the most promising one, some industry veterans fear the first round of applications might end up under legal scrutiny.

Updated : Feb 24, 2023

How Vedanta’s weak semiconductor proposal has emerged as a promising one

Vedanta has already shortlisted Prime Minister Narendra Modi’s home state, Gujarat, for setting up its semiconductor and display fab and is fast progressing with its plan.

The Ministry of Corporate Affairs (MCA) has conducted consultations with the required stakeholders in past few months to propose changes in the Insolvency and Bankruptcy code (Amendment) Bill, 2022.

Updated : Nov 9, 2022

Changes coming to insolvency rules for faster resolution

These reforms are likely to be taken up in the winter session of Parliament in December, sources tell Business Today Television.

The company said in an official statement that it has also invested in providing 23 million hours of training for its employees.

Updated : Feb 3, 2022

Attrition-hit Cognizant hires 41,000 employees in 2021

The company said in an official statement that it has also invested in providing 23 million hours of training for its employees.

Noida based Software-as-a-Service (SaaS) firm, FarEye, which is focussed on the logistics sector, has announced an Employee Stock Ownership Plan (ESOP) buyback worth $1.22 million after an ESOP liquidation of $739,000 in December 2020.

Updated : Jan 31, 2022

SaaS platform FarEye announces ESOP buyback worth $1.2 mm

Strap: ESOPs and the buybacks have become a huge draw for the start-up ecosystem since past few years, attracting top talent and aiding in workforce retention and liquidation.

Top stories from the world of business and economy

Updated : Jun 26, 2021

Govt businesses reopen for pvt banks; RBI Guv expresses misgivings about cryptocurrencies

Catch top stories from the world of business and economy with BusinessToday.In Biz EOD report

Updated : Jun 24, 2021

Biz EOD: SC dismisses AGR review plea; Sensex hits 42,000; Kishore Biyani's advice to start-ups

Catch top stories from the world of business and economy with BusinessToday.In end of day report

Mahindra & Mahindra Chairman Anand Mahindra (Photo: Reuters)

Updated : Apr 8, 2021

'Brilliant': Anand Mahindra lauds Centre's decision to allow COVID-19 vaccination at workplaces

Industrialist Anand Mahindra praised the Centre's decision, and suggested that the government's immunisation drive will be brilliant, especially if coupled with allowing wider eligibility given the number of young people in the workforce

Updated : Mar 24, 2021

Biz EOD: Investor wealth rises 102%; people above 45 years can take COVID-19 vaccine from April 1

Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report 

Updated : Mar 22, 2021

Biz EOD: Manufacturing sector to rebound in Q4FY21; why COVID-19 panic has decreased in India

Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report 