Page 1461 - Company News

Audi sales double in Q1 of calendar year 2023, pre-owned car biz up 50%

Firm said this was the strongest quarter during past six years in India, with SUVs currently contributing over 60% of total sales

Nokia partners with Lightstorm to upgrade digital infrastructure in India

Nokia will supply the latest WDM optical network solutions for Lightstorm's network expansion into the eastern and northern regions

Ahead of Saket store launch, Apple CEO Tim Cook to meet PM Modi today

Apple's CEO has stressed the importance of the world's second-largest smartphone market, India on several occasions

These are the non-IT sectors most eager to hire tech talent in India

As non-tech industries adopt more technology, their intent to hire tech talent has increased. Here are the details

Zomato says most Blinkit stores have reopened after wage protests

The disruptions have no material impact on the operations and financial performance of the company, Zomato said

Localisation plan: Indian firms to make key components for Apple

This will push the extent of domestic value addition in iPhones

Foxconn likely to expand its Chennai iPhone manufacturing facility

The two new facilities that Foxconn is likely to build will be in addition to the two other buildings the company already has in place

BCCI to sell digital, TV rights for bilateral series separately: Report

This comes after the same template used for the broadcasting rights of the Indian Premier League (IPL) for five years fetched the BCCI $6 billion last year

Google needs to reconsider its new Play payments policy, says ADIF

ADIF says necessity to find a more equitable solution that benefits all stakeholders

India market's share in Ericsson's global net sales jumps to 11%

The Swedish firm on Tuesday posted a 14 per cent year-on-year growth in net sales to 62.6 billion Swedish Krona (SEK) in March 2023 quarter from 55.1 billion SEK

With rising mercury across India, sales of white goods pick up finally

According to consumer durable retailers and manufacturers, orders for compressor-driven products are on the rise, especially in northern India

Fans have their date with Tim Cook as Apple opens first India store

The crowd cheered, the Apple professionals, in green uniform, clapped and sang as the CEO welcomed the first visitors into the store at Bandra Kurla Complex (BKC), Mumbai

Strong 5G gear sales in India boost Ericsson's quarterly net profit

While India boosted equipment sales, analysts said the net growth was chiefly driven by the $6.2 billion aquisition of cloud communication firm Vonage that Ericcson closed last year

Cosmetic major L'Oreal makes strategic investment in DSG Consumer Partners

"Through this investment, L'Oreal will support early-stage entrepreneurs building the next generation of insurgent consumer businesses across the beauty value chain," said a joint statement

Tata Steel in talks to raise up to $400 million in offshore green loan

No final decision has yet been taken and details may still change, according to the people. Bloomberg-compiled data indicate this would be Tata Steel's first green loan

Adani Group's debt pile up almost 21%, relies on global banks for funding

The ratio of net debt to run-rate earnings before interest, tax, depreciation and amortization was about 3.2 in the 2023 fiscal year, which ended in March

Tyre stocks may rerate on sustained demand momentum, margin gains

Recovery in the replacement segment and sales to auto makers to drive volumes

Amazon top seller RattanIndia Enterprises to launch private labels

Its unit, Neobrands, will be scaled up as a house of brands

Tata nears deal to buy Wistron's iPhone factory for Rs 5,000 crore

TCS dividend to fund Tata Sons investment in Apple stores, Wistron plant acquisition

India gets over $60 bn in PE-VC investments for third year straight: Report

Country 'bright spot' in Asia Pacific region where capital flow is decelerating, it says