Page 1092 - Company News

Govt sends notice to Apple about 'state-sponsored attacks' alert on iPhones

IT Minister Ashwini Vaishnaw rejected the allegations of hacking by the government and said that they would conduct a thorough probe

ESPN could be valued at $24 billion, likely buyers Apple and Verizon

Disney begins appraisal process for Hulu stake Walt Disney said it plans to buy Comcast's one-third of the Hulu streaming service, kicking off an appraisal process that will extend into next year

Adani buys remaining 51% stake in BQ-publisher Quintillion Business Media

Quintillion was Adani's first bet in the Indian news industry before taking about 65 per cent stake in broadcaster NDTV in December last year

Adani Green in talks to borrow $1.8 billion loan from foreign lenders

The loan proceeds will be used to build new capacity in solar and wind projects, said the people, who asked not to be named as the matter is private

Britannia sees a clear slowdown in rural markets, says Varun Berry

He also said that the company is rapidly evolving in digital marketing and is leveraging digital in e-commerce

Cognizant Q3 profit down 16.5%, 2023 revenue guidance at -0.7% to flat

The revenue for the fourth quarter is expected to be in the range of $4.69-$4.82 billion, a decline of 4 per cent to 1.2 per cent in constant currency

Hero Moto records 15% retail sales growth in 17 days of festival season

High demand for entry-level vehicles in this period: CGO Ranjivjit Singh

Reckitt Benckiser India, distributors at loggerheads over incentives

Distributors not happy with damage claims policy

Tata Motor's electric vehicle arm ties up with JLR for Avinya range

The pact envisages TPEM licensing JLR's electrified modular architecture platform for a royalty fee for the development of Avinya series, the company said

CSIR-NIIST, HAL sign MoU to strengthen indigenisation in aerospace sector

The Memorandum of Understanding (MoU) was signed in the presence of senior scientists and officials from both organisations, the release said

Cholamandalam Investment and Finance Q2 result: Profit up 35% to Rs 762 cr

The city-based financial services arm of diversified conglomerate Murugappa Group had reported a standalone profit at Rs 563.41 crore in the corresponding quarter of last year

D B Realty arms sell shareholding in Siddhivinayak Realties for Rs 376 cr

This has been done to "settle part of the group liabilities given by RCFL to the company, its subsidiary - Goregaon Hotel And Realty Pvt Ltd and its associate - Bamboo Hotel & Global Centre

HPCL to set up 2G bio-refinery plant worth Rs 1,400 crore in Punjab

The 2G bio-refinery is designed for the utilisation of paddy straw for the production of ethanol for blending with petrol under the Ethanol Blending Program of the Central Government

Ajio launches D2C content-driven interactive e-commerce platform Ajiogram

Easily accessed by switching stores within the Ajio app, Ajiogram aims to onboard 200 exclusive homegrown D2C brands by next year

Pizza Hut India operator 'cautious' on expansion after 20% sales slump

Shares of Sapphire slid as much as 8.8% post-results

Lufthansa upbeat on travel demand, posts adjusted EBIT at $1.56 bn in Q3

Lufthansa shares were set for their biggest daily gain since June 2022, according to Eikon data, in the wake of the earnings announcement

Moderna tempers 2023 Covid vaccine sales forecast on weaker demand

Analysts estimate over $100 million in sales for each of Moderna's new vaccines against RSV and flu, which also has yet to be approved, in 2024, according to LSEG data

Dabur appoints former CEC Sushil Chandra as new independent director

Chandra has been appointed as an independent director for a period of five years, subject to the approval of shareholders

WeWork Inc's bankruptcy filing will not impact India biz: CEO Virwani

Co-working space provider WeWork Inc. wishes to move forward with filing a bankruptcy sometime in the next week, as reported by The Wall Street Journal

WhatsApp banned 7.11 mn Indian accounts in September, shows govt data

"Safety related grievances pertain to issues that may be about abuse or harmful behaviour on the platform," it said