Page 1663 - Company News

YouTube Music may soon allow users the ability to create custom radio

Google-owned music streaming platform YouTube Music might soon allow users the ability to create a custom radio

BYJU's problems to continue in 2023 as lenders seek $1.2 bn loan repayment

No end to BYJU's troubles as after sacking employees, alleged harsh and "abusive" work culture, reports on "working capital crisis" emerge with lenders asking the edtech unicorn to repay part of loan

RBI asks Razorpay, Cashfree to temporarily stop onboarding of new customers

The Reserve Bank of India has asked Razorpay and Cashfree to temporarily stop the onboarding of new customers for their payment processing business, according to a source.

WHO stands by action of issuing alert against Maiden Pharma cough syrup

Asserts that testing done in labs in Ghana and Switzerland confirmed excess levels of contaminated syrups that are "dangerous and should not be in any medicine, ever"

PNB Housing Fin opens 'Roshni' branches for affordable housing loans

PNB Housing Finance said it has opened 'Roshni' branches in various locations, including tier II and III cities, for deepening its customer base in the affordable housing segment

IndiGo seeks final approval from DGCA to wet lease B777 aircraft

IndiGo airline is planning to wet lease aircrafts to meet the growing demand for air travel

Reform will propel fundamentals of India's performance: N Chandrasekaran

Chandrasekaran noted that the government has taken several reforms before and after the pandemic which has set a strong foundation for a renewed vision for India in 2047

Binny Bansal-backed fashion startup Virgio raises $37mn from Prosus, others

Set up in 2022 by former Myntra CEO Amar Nagaram, Virgio's model uses technology across processes to streamline the entire fashion lifecycle and enable a real-time fashion offering

CCPA issues notices to Flipkart, Meesho for sale of acid on their platforms

The police have arrested three men and found that the main accused, Sachin Arora, had procured the acid from Flipkart

Amazon delays joining date of some graduates amid cost-cutting efforts

Some university graduates were set to join Amazon in May but their joining has been delayed likely as a result of cost-cutting efforts

SaaS major Freshworks lays off 90 employees globally; 60 in India

Following the slowdown in the US market, Indian SaaS players came out with various cost-cutting measures, including job cuts in recent times

IIFL Home Finance invests Rs 50 cr in Eon Group's Mumbai township project

Realty firm Eon Group says it raised Rs 50 crore from IIFL Home Finance for township project

Foxconn expands in Sriperumbudur, takes 20-acre land for new hostel

State industrial promotion group and Tata Electronics making investments for expanding in the region too

Innovation, tie-ups key for India to become core of supply chain: M&M CEO

Mahindra & Mahindra MD and CEO Anish Shah asked why India was on periphery and not at the centre of global supply chain

Noventiq acquires India's leading cloud managed services provider G7 CR

Noventiq did not disclosed the sum for which it acquired G7 CR Technologies India Pvt Ltd

Ashneer hits out at BharatPe Chairman, says hiring him 'biggest mistake'

After attacking BharatPe CEO Suhail Sameer, the company's former co-founder and MD Ashneer Grover hit out at Rajnish Kumar, Chairman of board of directors, saying hiring him was his 'biggest mistake'

GMM Pfaudler falls over 18% on report of promoter selling bulk stake

Shares of GMM Pfaudler fell as much as 18.1%, their worst intraday percentage fall in nearly five years, after a report said that one of its promoters will sell the bulk of its stake

Global mobile ad spend to reach $362 billion in 2023, says new report

The report says mobile will take over share of advertising wallet as more time than ever before is spent in apps

ACME Group forays into wind power sector with 50 MW project in Gujarat

At present, ACME operates solar power plants in 12 states and supplies electricity to 13 state discoms

As Infosys turns 40, what may be its future challenges?

IT major Infosys marked its four decades in business on Wednesday. While the founders spoke about the future course of the company, what are the challenges it needs to address in the next 10 years?