Page 1687 - Company News
Three of 10 Indians watch online videos at least once a month: Ormax Report
OTT market now embraces 30% of Indian population, YoY growth is 20%
 "Three of 10 Indians watch online videos at least once a month: Ormax Report")
HCLTech joins hands with Intel and Mavenir for enterprise 5G solutions
The three will develop cloud-native E2E architecture of an Intel Xeon processor-based 5G solution, leveraging Mavenir RAN, Intel SmartEdge, and HCLTech's management and automation services
 "HCLTech joins hands with Intel and Mavenir for enterprise 5G solutions")
Home loan rate to be costlier; realtors see decent impact on housing demand
The RBI's decision to hike the repo rate will have a moderate short-term impact on housing demand on likely rise in home loan interest rates, according to the real estate industry
 "Home loan rate to be costlier; realtors see decent impact on housing demand")
Fintech firm Enkash claims three-fold growth in valuation since March
Start-up that helps businesses manage their payments says it will not seek more funding this financial year
 "Fintech firm Enkash claims three-fold growth in valuation since March")
Companies see gain in CSR, want GST on initiatives removed: Report
Legally mandated measure seen helping business in improving labour productivity
 "Companies see gain in CSR, want GST on initiatives removed: Report")
Byju's seeks easier terms on $1.2 bn loan as it struggles with losses
Byju's, valued at $22 billion, has appointed an adviser to discuss tweaks in covenants of the term loan B with creditors
 "Byju's seeks easier terms on $1.2 bn loan as it struggles with losses")
Indian entities can hedge gold price risk at IFSC, says RBI Guv Das
Indian entities can hedge their exposure to gold price risk in overseas markets on recognised exchanges in the International Financial Services Centre, Gujarat, said RBI Governor Shaktikanta Das
 "Indian entities can hedge gold price risk at IFSC, says RBI Guv Das")
ONGC appoints retired BPCL head Arun Kumar Singh as chairman & MD
Arun Kumar Singh, former chairman of oil refining and marketing company BPCL, was on Wednesday appointed chairman and managing director of ONGC
 "ONGC appoints retired BPCL head Arun Kumar Singh as chairman & MD")
Princeton Digital Group launches $300 million data centre in Mumbai
Princeton Digital Group (PDG) on Wednesday launched its flagship data centre called MU1 in India with an investment of $300 million
 "Princeton Digital Group launches $300 million data centre in Mumbai")
NHPC appoints Mohammand Afzal as govt nominee director on its board
The company also informed that Afzal is not related to any of the directors of the company and not debarred from holding the office of director by virtue of any order of Sebi
 "NHPC appoints Mohammand Afzal as govt nominee director on its board")
Myntra's EORS 17 to cater 5 mn shoppers with 1.7 mn styles from Dec 10-16
The 17th edition of Myntras biannual End of Reason Sale is set to cater to 5 million shoppers with a whopping 17 lakh styles across leading fashion, beauty and lifestyle brands, the company said
 "Myntra's EORS 17 to cater 5 mn shoppers with 1.7 mn styles from Dec 10-16")
Meta bars employees from discussing abortion, vaccine efficacy at work
Meta (formerly Facebook) has reportedly told its employees not to discuss sensitive issues like abortion, gun control, pending legislation and vaccine efficacy at workplace
 "Meta bars employees from discussing abortion, vaccine efficacy at work")
A 4-day workweek may find global acceptance but face roadblocks in India
Some Indian employees would prefer a 4-day workweek, but not everyone buys the idea, says a recent study
 "A 4-day workweek may find global acceptance but face roadblocks in India")
Innovator drugs maintain market hold even after patent expiry, shows data
Merck's anti-diabetic molecule sitagliptin retains 81% market share in value terms
 "Innovator drugs maintain market hold even after patent expiry, shows data")
Long-overdue brand reboot aims to rescue Air India's battered image
While Air India remains a high-profile operator in one of the world's biggest aviation markets, customer complaints about a decline in standards have hurt its reputation
 "Long-overdue brand reboot aims to rescue Air India's battered image")
Vodafone Idea's fundraising put on hold as govt delays equity call
The development spells further trouble for the company, which has an overall debt pile of Rs 2.2 trillion including hefty dues to the government
 "Vodafone Idea's fundraising put on hold as govt delays equity call")
DoT proposes to drop Bharatnet infra from its asset monetisation plan
The Department of Telecommunications (DoT) has proposed not to monetise rural broadband network infrastructure built under Bharatnet project
 "DoT proposes to drop Bharatnet infra from its asset monetisation plan")
PepsiCo to lay off 'hundreds of workers' at New York headquarters: Report
It is being done 'to simplify the organization so we can operate more efficiently', PepsiCo said in a memo to its employees
 "PepsiCo to lay off 'hundreds of workers' at New York headquarters: Report")
Growth triggers to keep earnings trajectory robust for Timken India
New plant expected to boost company's revenues, margins
 "Growth triggers to keep earnings trajectory robust for Timken India")
Hitachi Rail wins bid to run automatic Metro train operations: CMRL
A consortium led by Hitachi Rail has emerged winner for the largest signalling tender worth Rs 1,620 crore that would enable automatic train operations, the Chennai Metro Rail Ltd said on Tuesday
 "Hitachi Rail wins bid to run automatic Metro train operations: CMRL")