Page 1386 - Company News

Paytm partners with SBI Card, NPCI to launch co-branded RuPay credit cards

Payments and financial services company Paytm on Thursday announced that it has partnered with SBI Card to launch Paytm SBI Card on the RuPay network

Deutsche Bank to pay $75 mn to settle lawsuit from Epstein victims: Lawyers

Deutsche Bank had previously joined JPMorgan Chase, which is also facing a lawsuit over its ties to Epstein, in fighting the allegations

Non-skippable 30-sec ads, new pause button on TV, announces YouTube

YouTube is yet to inform when these changes will take place and whether these changes will affect global markets

Integrated financial services platform airpay now live on ONDC: Report

The company said the initiative will enable ONDC to understand and implement key consumer and partner learnings

S&P affirms BBB- sovereign credit ratings on India, outlook stable

S&P Global added that solid consumer and investment dynamics will propel India's real gross domestic product (GDP) growth to 6 per cent in fiscal 2024

Wipro enters into a five-year business partnership with ServiceNow

The agreement expands on the two companies' existing partnership and is expected to help accelerate Wipro's goal of building a $1 billion business with ServiceNow by the end of 2026

Pfizer suspends sale, use of some products in India over quality concerns

Stockists have been asked not to sell, distribute, or use the products until further notice from Pfizer

BPCL unveils Rs. 49,000 cr petrochemical project at Mumbai's Bina Refinery

Project to cater to the growing market demand for petrochemical products in India. Aligned with GOI's Atmanirbhar Bharat vision for petrochemicals in the country

Khadi and Village Industries sales grew by 332.14% in last nine years

The total turnover of Village Industries was Rs 30,073.16 crore in 2013-14. It has grown to Rs 1,28,686.98 crore in 2022-23, marking a rise of 327.91 per cent

Wheels India plans capital expenditure Rs 200 cr to ramp up production

Wheels India is looking at double digit growth to come back this year, though there is uncertainty in the overall global environment

Most Indian companies believe ESG rules are important but only few prepared

The consumer industry was the least ready for ESG requirements, and only 7 per cent of organisations said they have robust preparedness for it, according to a Deloitte India survey

BT Group to cut up to 55,000 jobs by 2030 as fibre and AI tech arrive

The company has been working through a transformation plan to build a national fibre network under boss Philip Jansen, as well as rolling out high-speed 5G mobile services

Ramco Cements Q4 results: Consolidated net profit rises 22.5% to Rs 152 cr

The company's sale of products rose by 50.7 per cent to Rs 2,559 crore for the March quarter as compared to Rs 1,698 crore in the year-ago period

EasyJet has sufficient planes on order for growth targets, says CEO

Supply chain issues mean both plane manufacturers are struggling to deliver new jets on time, but the CEO said that as one of the world's largest A320 family customers, easyJet was well-placed

Jubilant Foodworks, Advent Int'l in race to buy Burger King franchise

M&As pick up pace in Indian QSR industry amid sharp recovery in revenues

PESB recommends no one for IOC top job at blue chip oil companies

This is the second time in recent months that PESB has not been able to find a suitable candidate for high-ranking positions at blue-chip oil companies

Medical tech firm Medtronic to invest Rs 3,000 cr for Hyderabad R&D centre

Facility employs 800 people and will take up more 1,500 in the next five years

Anil Agarwal's Vedanta in talks with banks to raise at least $500 million

The group has been depending on money from its units to tackle its debt load, especially after it failed to sell some zinc assets to Hindustan Zinc Ltd for $3 billion

GAIL Q4 profit falls 77.5% to Rs 603 cr as Ukraine war weighs on gas supply

For the full FY23, the company's net profit fell 48.5 per cent to Rs 5,301 crore in FY23, down from Rs 10,363 crore in FY22

Speed Kitchen raises undisclosed amount in funding led by Inflection Point

Inflection Point Ventures (IPV) has so far invested over Rs 550 crore across over 170 deals