Page 20 - Companies

Net office space leasing up 2% in 2021; down 45% from 2019 levels: Report

The net absorption of office space stood at 25.66 million square feet in 2020 and record 47.8 million square feet in 2019

Vedanta's cast metal aluminium production at smelters jumps 16% in Q3FY22

The total production at Zinc-International for the third quarter of FY22 was 52,000 tonnes

Apple becomes first US company to hit $3 trillion market value

On the first day of trading in 2022, the company's shares hit a record of $182.88 in mid-day trading

Marico sees flat volumes in third quarter on weaker consumption

The company said the fast-moving consumer goods sector witnessed slowing consumption pattern

Stalemate continues even as Hindustan Unilever, distributors meet

Distributors likely to take a decision on Tuesday

Irdai to modify norms for remuneration of CEOs, directors of pvt insurers

Surety insurance pertains to a contract to perform the promise or discharge the liability of a third person in case of default

Corporate bond issuances fell as Covid-19 pandemic hit companies

Analysts says it's a learning experience, market expected to do better in 2022

100X.VC plans to invest in 100 early-stage start-ups this year

Combined valuation of first 5 batches of portfolio companies at $211 million

B2B manufacturing start-up Groyyo raises $4.6 mn led by Alpha Wave

Founded in July 2021 by Subin Mitra, Pratik Tiwari and Ridam Upadhyay, Groyyo has already partnered over 200 manufacturers across categories

Greaves Electric Mobility sells over 10,000 units in December 2021

The higher growth numbers in December came on the back of Ampere's recent announcement of the launch of the company's EV Mega site

Broad-based mkt rally unlikely in 2022 amid multiple headwinds: Brokerages

They advise investors to focus on quality companies as they list their favourite picks

D2C start-up Mamaearth becomes the first unicorn of 2022 with $52 mn round

Along with launching new brands, Mamaearth's parent company Honasa Consumer will continue expanding distribution for existing brands

Former US head of Sony PlayStation launches $225 million gaming SPAC

Jack Tretton, who started his career at Sony in 1995, is now the CEO of PowerUp Acquisition Corp.

Tech Mahindra to acquire 100% stake in Allyis India, Green Investments

Tech Mahindra said it has approved a proposal for the acquisition of a 100 per cent stake in Allyis India and Green Investments, for a total consideration of up to $125 million.

Global M&A volumes hit record high in 2021, breach $5 trn for first time

(Reuters) - Global dealmaking is set to maintain its scorching pace next year, after a historic year for merger and acquisition (M&A) activity that was fueled largely by easy availability of cheap financing and booming stock markets.

Professor one of richest post SenseTime Group's red-hot debut

The Massachusetts Institute of Technology alum's wealth has jumped by $300 million to roughly $3.7 billion

Earth Energy looks to invest Rs 100 crore in two years as EV demand rises

The investment will go into ramping up production, technology and R&D, the company's CEO said

A grand tax loophole for the ultrawealthy is very easily multiplied

Once aimed at small businesses, it's a popular way for Silicon Valley founders and investors to avoid taxes on investment profits

NTPC to cut stake in renewable energy arm, hunt for strategic investors

Plans to list NREL next FY, hold global roadshows for strategic investors

ED attaches fresh assets of Kerala finance company, promoters

The agency again issued a provisional order under the Prevention of Money Laundering Act (PMLA) to attach fresh properties of these entities