Page 1440 - Company News

Revival plan hits a hurdle: Jet Airways CEO-designate Sanjiv Kapoor quits

He had joined the airline as the Chief Executive Officer in April last year. The source said that Friday was the last working day for Kapoor at the airline

Govt appoints Siddhartha Mohanty as chairman of LIC till June 2024

Appoints Mohanty chairman until June 29, 2024; he'll then take over as MD & CEO

Zuckerberg's net worth rises over $10 bn after results, 2 layoff rounds

Zuckerberg now has a net worth of $87.3 billion and is the 12th richest person in the world, according to the Bloomberg Billionaires Index

Subsidies corrupt decision-making processes: Bajaj Auto executive director

Some Indian electric vehicle (EV) makers are facing a probe for alleged non-compliance with the standards required to be eligible for FAME-II subsidies because of insufficient domestic value addition

EaseMyTrip becomes IIFA's official partner, to give complimentary ticket

According to the BSE filing, the complimentary ticket can be only availed by those customers who will be traveling to Abu Dhabi between May 25th and May 27th

Biocon Biologics facility gets EU GMP certification for Bevacizumab

Bevacizumab is indicated for the treatment of various types of cancers and a specific eye disease

Swiggy unveils 'platform fee' of Rs 2 on food orders in monetisation push

Analysts expect this gap to widen further by the end of the next financial year, with Zomato's market share hitting 57 per cent while they see Swiggy's share dipping to 43 per cent

Creating a bigger reach very important in MSMEs: Shriram Finance exec VC

We have been talking to various interested parties, but there is no fixed plan to sell 15 per cent at any point of time, says Umesh Revankar, executive vice chairman of Shriram Finance

Star Health Insurance earns net profit of Rs 102 cr in March quarter

The net premium income increased to Rs 19,426.57 crore compared to Rs 14,289.66 crore

After Reliance-Warner deal, JioCinema pricing and local content in focus

Reliance's JioCinema to lock horns with Netflix, Disney; Warner deal to boost English content, local content in focus too

InGovern recommends shareholders vote 'for' RIL-Jio Financial spinoff

One big benefit will be unlocking of treasury shares of RIL, says proxy advisory firm

UltraTech Q4 net profit falls 36% to Rs 1,670 cr, revenue up 17.7%

Its revenue for operation in FY23 increased 20.23 per cent to Rs 63,239.98 crore against Rs 52,598.83 crore a year ago

Bajaj Auto to boost Chetak's production to 10,000 units a month by June

Sharma said the company had faced problems earlier due to over dependence on certain vendors, who could not supply some parts

Singapore's Wilmar quarterly profit falls 24% on Adani JV stake dilution

Adani Wilmar is a joint venture between Adani Group, chaired by Indian billionaire Gautam Adani, and Wilmar International

Centre appoints Siddhartha Mohanty as chairman of LIC till June 2024

On March 11 Centre had appointed Mohanty as the interim chairperson of the insurance behemoth

CSB Bank net profit rises 19% to Rs 156 crore as bad loans decline

Interest income grew to Rs 636.49 crore during the period under review from Rs 519.56 crore in the corresponding quarter a year ago

Germany's SAP sees 'phenomenal growth' in India, will increase hiring

Company considering 'specific investment' in the country for sustainability solutions

Majority of pilots have accepted new compensation package: Air India

Air India is hiring more than 1,000 pilots and more than 500 aircraft will be joining its fleet in the coming years

TV viewership of first 29 IPL matches higher than entire tournament in 2022

There was a 24% jump in the TV viewership of IPL 2023 as compared to IPL 2022

Adani Cement pre-pays $200 million Holcim debt, seeks loan extension

Global banks had lent Adani $4.5 billion to finance the purchase of Holcim Ltd