Page 1642 - Company News
Satya Nadella checks right boxes talking about G20, Make in India and AI
Nadella said "India is taking the leap to contribute both in the digital technology as well as the soft side of it--the policy side of it, as to how this came about"
 "Satya Nadella checks right boxes talking about G20, Make in India and AI")
ISRO, Microsoft join hands to empower spacetech startups in India
The space tech startups identified by ISRO will be on-boarded onto the aMicrosoft for Startups Founders Hub' platform, that supports startups at every stage of their journey-from idea to unicorn
 "ISRO, Microsoft join hands to empower spacetech startups in India")
Reliance Jio and Bharti Airtel launch 5G services in Bhubaneswar
The 5G services of both the companies were unveiled by Union Education Minister Dharmendra Pradhan and Union Telecom Minister Ashwini Vaishnaw at an event here
 "Reliance Jio and Bharti Airtel launch 5G services in Bhubaneswar")
Godrej Consumer Products sees Q3 sales rise on personal, home care demand
The company expects sales on a constant currency basis to increase in the mid-teens percentage range for the third quarter, with overall profit seeing "meaningful improvement," as gross margins expand
 "Godrej Consumer Products sees Q3 sales rise on personal, home care demand")
Carmakers may end up paying penalties for missing emissions targets: Report
CAFE scores are designed to encourage carmakers to focus on technologies that reduce CO2 emissions
 "Carmakers may end up paying penalties for missing emissions targets: Report")
Indian startups take 5 yrs to scale from zero to $100 mn revenue: Report
What took 18 years in 2000 to reach $100 million revenue has come down to five years, according to data by Redseer Strategy Consultants
 "Indian startups take 5 yrs to scale from zero to $100 mn revenue: Report")
Godrej Properties sells over 1 mn sq ft for Rs 435 cr at Ahmedabad project
The company has sold 870 homes with a booking value of approximately Rs 435 crore since the project was launched in October, last year
 "Godrej Properties sells over 1 mn sq ft for Rs 435 cr at Ahmedabad project")
Covid wave in China has Indian electronics cos worried about parts shortage
Chinese suppliers are already not assuring the delivery timelines for orders placed in the past few weeks due to high Covid-19 infections
 "Covid wave in China has Indian electronics cos worried about parts shortage")
Major setback for Google as NCLAT refuses interim stay on CCI order
Tribunal asks Google to deposit 10% of Rs 1,330 cr penalty levied by CCI; next hearing on April 3
 "Major setback for Google as NCLAT refuses interim stay on CCI order")
Operational losses of OMCs expected to shrink in Q3, say analysts
Public sector OMCs reported cumulative losses of Rs. 27,276 crore during the first six months of FY23
 "Operational losses of OMCs expected to shrink in Q3, say analysts")
RBI lifts ban on M&M Finance for outsourcing recovery, repossession agents
On September 22, the regulator barred Mahindra Finance from carrying out any recovery or repossession activity through outsourced agents
 "RBI lifts ban on M&M Finance for outsourcing recovery, repossession agents")
CV growth prospects, regulatory tailwinds to drive gains for ZF India
Higher exports and improving margins on the back of softening input costs are other positives
 "CV growth prospects, regulatory tailwinds to drive gains for ZF India")
Delhi govt refuses to participate in arbitral award payment to RInfra
The DMRC on December 15 had launched a rights issue to raise Rs 7,131 crore from its existing shareholders - the Centre and the Delhi government, which own 50 per cent of the company each
 "Delhi govt refuses to participate in arbitral award payment to RInfra")
NTPC considering 50% green hydrogen blending at gas-power units: Officials
NTPC recently signed separate MoUs with three of its OEMs - Mitsubishi Heavy Industries, GE and Siemens to explore the possibility of hydrogen blending at its gas units
 "NTPC considering 50% green hydrogen blending at gas-power units: Officials")
Varun Beverages, ABB India rise to MFs' largecap bucket after strong run-up
Muthoot Finance, Paytm move to the midcap list after MF industry rejigs stock classification
 "Varun Beverages, ABB India rise to MFs' largecap bucket after strong run-up")
Coal India, trade unions sign pact for 19% minimum guaranteed benefit
The MoU between CIL and trade unions was signed in Kolkata on Tuesday
 "Coal India, trade unions sign pact for 19% minimum guaranteed benefit")
CBI chargesheets CG Power, ex-promoter Thapar in Rs 2,435-cr fraud case
The CBI has filed a charge sheet against CG Power and Industrial Solutions and its former promoter Gautam Thapar in an alleged Rs 2435-crore bank fraud case that affected 12 banks, officials said
 "CBI chargesheets CG Power, ex-promoter Thapar in Rs 2,435-cr fraud case")
EU's privacy watchdog fines Meta $414 mn for ads based on online activity
EU's privacy watchdog tells firm it can't use its contracts with users to justify sending them such ads
 "EU's privacy watchdog fines Meta $414 mn for ads based on online activity")
LG Electronics announces appointment Hong Ju Jeon as MD for India business
South Korean consumer electronics major LG on Wednesday announced the appointment of Hong Ju Jeon as the Managing Director of its India business
 "LG Electronics announces appointment Hong Ju Jeon as MD for India business"){kind=logo}
Retail giant Walmart gets $1-billion tax bill for PhonePe shift to India
The bill stems from the relocation and rise in value of PhonePe Pvt, which Walmart took majority ownership of after acquiring parent outfit Flipkart Online Services Pvt
 "Retail giant Walmart gets $1-billion tax bill for PhonePe shift to India")