Page 1087 - Company News

BSNL may begin advance testing of 5G network equipment by February

CDOT is working to supply standalone 5G core to BSNL by June to ensure 5G rollout

Walmart readies 'Open Call' in India on way to $10 bn a year export target

'The category expansion over the last 15 years has been incredible …The ingenuity, the grit, the education of the labour force are a strategic advantage in India'

Dish needs wash: What does Tata Play tell us about DTH, cable TV's future?

Most operators point out that investing in last-mile access for broadband services makes sense in the top 1,000 cities, where the quality of the fibre is good

Accounting company PwC plans to cut around 600 jobs in UK: Report

The job cuts will be directed mainly at PwC's advisory business and a small number in the tax department, the report said

Amazon launches programme for deliveries via electric vehicles in India

The programme will help more than 300 delivery service partners (DSPs) to make customer deliveries with zero tailpipe emissions, the company said

India's patent applications jump by 31.6%, ahead of some rich countries

On trademark filings, India was in the top four with 467,918 filings in 2022, behind the US, Turkey, and Germany

Staying ahead of curve to reinforce Prime position: SBI chairman Khara

The July-September 2023 was the first quarter when HDFC-HDFC Bank did business as a combined entity, escalating competition for loans as well as deposits

Hero MotoCorp to foray into European market with EV range next year

The company's philosophy to have a clean, equitable and hospitable planet for future generations is enacted through its products, and services, he added

Avaada Energy secures 1,400 MW solar project in bidding hosted by NHPC

This project is not just a win for Avaada but a leap forward for India's renewable energy aspirations," Avaada Group Chairman Vineet Mittal said in the statement

SpiceJet records lowest OTP at 60.11% among all major Indian carriers

SpiceJet's operations in October were also affected due to its involvement in repatriation operations from Tel Aviv

Wipro asks employees to work from office thrice a week as Covid curbs eased

Companies have been reversing or modifying their "remote work" policies as Covid-19 pandemic-related restrictions wound down for reasons including better communication and collaboration among workers.

Strong near-term outlook to aid revenues, margins for IndiGo after Q2 show

India's leading airline did well in a seasonally weak quarter for the industry and after paying fees and charges

UBS Group decides to exit $5 bn in assets it manages for rich customers

UBS's newly created wind-down unit, known as Non-core and Legacy, widened its quarterly pretax loss to $1.93 billion in the quarter from $478 million in the previous period

Walmart-owned PhonePe crosses 500 million lifetime registered users

The fintech firm which has become the first Indian Internet company to hit this milestone has also elevated some of the key executives to take on larger roles in the group

Reliance Industries files for record $2.4 billion rupee bond sale: Report

Reliance Industries is India's largest company by market value, and its business interests range from petrochemicals refining to wireless communication services and consumer goods

IndiGo to ground over 30 aircraft due to Pratt & Whitney engine issue

PW engines across the world are facing issues due to the impact of a powder metal defect, which could lead to component cracking

Hero unveils 3 production-ready, 3 concept vehicles at EICMA 2023

Hero MotoCorp, India's largest two-wheeler maker, also announced that it will enter Europe with its electric vehicle brand Vida

Cipla announces transfer of Generics Business Undertaking to subsidiary

The generics business contributed 9.95 per cent of Cipla's turnover and 0.92 per cent of its net worth in the financial year ended March 31, 2023

DGCA sends show cause notice to Air India for flouting civil aviation norms

Notably, this is not the first time the airline has been called out for non-compliance of CAR rules

'WeWork India's image may take a hit as global entity files for bankruptcy'

Meanwhile WeWork India, backed by Embassy Group, has maintained that it operates independently of WeWork Global, and its operations will not be affected in any manner