Page 1459 - Company News
Heineken reports high-single-digit revenue growth in India for March qtr
Overall, Heineken NV recorded a revenue growth of 9.2 per cent in the first quarter of 2023 to 7,632 million Euro, with a 3 per cent organic growth in the volume
 "Heineken reports high-single-digit revenue growth in India for March qtr")
Jet Airways' fate in jeopardy as NCLT deadline for Jalan-Kalrock nears
The expiry of the airline's air operator's permit (AOP) is also due on May 19
 "Jet Airways' fate in jeopardy as NCLT deadline for Jalan-Kalrock nears")
Zomato says most of strike-hit Blinkit stores resumed operations
Most of the stores of quick commerce player Blinkit have resumed operations after being affected by strike of delivery partners, according to a regulatory filing by Zomato
 "Zomato says most of strike-hit Blinkit stores resumed operations")
Hinduja Housing Finance to raise Rs 800 cr via capital bond, debentures
Maiden bond issue to diversify fund sourcing; seeks 30% growth YoY for 3 years
 "Hinduja Housing Finance to raise Rs 800 cr via capital bond, debentures")
After initial success, Netflix to roll-out more features for ad-based plans
It appears that Netflix is happy with the progress of its Basic 'with ads' plan. The plan was launched for the first time in November
 "After initial success, Netflix to roll-out more features for ad-based plans")
Social media platform Koo laid off 30% of staff in recent months: Report
The spokesperson of the company said that dismissed employees will be supported by compensation packages, health benefits and aid in finding new jobs
 "Social media platform Koo laid off 30% of staff in recent months: Report")
Reddit announces decision to start charging for access to its API
Social discussion forum Reddit has announced that it'll begin charging for use of its API (Application Programming Interface).
 "Reddit announces decision to start charging for access to its API")
Fresh layoffs begin at Meta globally, technical employees most hit
Meta (formerly Facebook) has kicked off a fresh round of layoffs, handing over pink slips to employees with technical backgrounds globally
 "Fresh layoffs begin at Meta globally, technical employees most hit")
Tesla's income decreases by 24% to $2.7 billion amid EV price cuts
Tesla's operating income decreased 24 per cent to $2.7 billion in Q1 2023 as the Elon Musk-run EV maker continues to cut prices of its vehicles
 "Tesla's income decreases by 24% to $2.7 billion amid EV price cuts")
Dollar bonds of Adani Group firms inch higher post buyback announcement
The US dollar-denominated bonds issued by entities of India's Adani Group were trading marginally higher on Thursday, after a group company said it will consider a buyback of securities
 "Dollar bonds of Adani Group firms inch higher post buyback announcement")
Committed to grow, invest across India: Tim Cook tells PM Modi
Apple CEO asks for policy stability to continue, India wants long-term ties
 "Committed to grow, invest across India: Tim Cook tells PM Modi")
Apple's Delhi store now open for public: 5 things you need to know about it
Delhi's first Apple Store was inaugurated by the company's chief executive officer Tim Cook today
 "Apple's Delhi store now open for public: 5 things you need to know about it")
Musk says Tesla likely to launch full self-drive technology this year
"I hesitate to say this but I think we'll do it this year," said Tesla CEO Musk, speaking on a conference call
India Inc registers surge in independent directors quitting their jobs
IDs are responsible for both legal and regulatory obligations. They can raise red flags and register their disagreement on board matters
 "India Inc registers surge in independent directors quitting their jobs")
More investments for Byju's? Abu Dhabi's 10X AD, Apollo conduct talks
This comes as the edtech company is looking to raise at least $400 million to $600 million from investors
 "More investments for Byju's? Abu Dhabi's 10X AD, Apollo conduct talks")
How Tim Cook promoted Apple products ahead of the Delhi store launch
Apple CEO Tim Cook will open Delhi's first Apple Store on Thursday, offering personalised support and unique experiences for customers to learn about technology
 "How Tim Cook promoted Apple products ahead of the Delhi store launch")
Microsoft looks to buy $50 mn Foxconn parcel in Wisconsin for data centre
Microsoft has agreed to buy a $50 million parcel of land in southeastern Wisconsin meant for Foxconn after the world's largest electronics manufacturer failed to fulfil promises a massive facility
 "Microsoft looks to buy $50 mn Foxconn parcel in Wisconsin for data centre")
Serentica Renewables announces appointment of Akshay Hiranandani as CEO
Serentica Renewables provides round-the-clock clean energy solutions
 "Serentica Renewables announces appointment of Akshay Hiranandani as CEO")
Cube Highways and Infra InvIT raises Rs 5,226 cr from BCI, Mubadala
Canadian pension investment manager British Columbia Investment, Abu Dhabi's sovereign investor Mubadala and domestic institutional investors subscribed to the offering, the company said in a release
 "Cube Highways and Infra InvIT raises Rs 5,226 cr from BCI, Mubadala")
Indian operation to maintain high double-digit growth: KONE India MD
The company has also announced the expansion of its Kolkata office, which serves the eastern region and export markets in Nepal, Bangladesh and Bhutan
 "Indian operation to maintain high double-digit growth: KONE India MD")