Page 1709 - Company News

India becomes e-sports gaming hub with Valorant, BGMI tournaments

While still in its infancy compared to the US, China and Japan, investors are betting on huge growth in Indian esports -- powered by one of the world's youngest populations and cheap mobile data

Jet Airways sends 10% staff on LWP, cuts salaries of another 23%

CEO Sanjiv Kapoor said on Twitter on Friday that "two-thirds of staff are not impacted at all" by the cost-cutting measures

Jindal Poly Films exploring sale of European arm, valued at $1 billion

The company is working with an adviser on the potential divestment of Luxembourg-based Jindal Films Europe Sarl, which could be worth as much as $1 billion

Works under SBM to attract GST if not done for govts, authorities: AAR

Work done for State Urban Development Agency under the Swachh Bharat Mission (SBM) and Mission Nirmal Bangla would not be exempt from GST, according to the state Authority for Advance Rulings (AAR)

Moonlighting: People continue to seek side gigs amid demand for tech skills

Job search and gig work platforms say these are mostly low-paid assignments

LIC aims to reach a mix of 75:25 between par and non-par in individual biz

The corporation has launched only non-par products this year, which cater to specific segments in its drive to increase the non-par business

Maersk, JSW and Essar Ports join the race for divestment of Concor

The latest development comes at a time when reports indicate that Maersk is planning to double its warehousing presence in India in the next one year

Crypto exchange FTX's bankruptcy filing reveals staggering mismanagement

FTX is a company that was valued at $32 billion just a couple of months ago

Private equity player TPG Growth sells Nykaa shares worth Rs 1,000 crore

The total value of the transaction is a little over Rs 1,000 crore, the data showed

M&As to drive hospital expansion in uncharted territory, say experts

Inorganic expansion gives instant market share in a new geography, greenfield works better in markets where a chain already has a presence, say industry players and analysts

Fifth year of zero SME rights issues likely after Rs 100 cr mop up in 2014

Year 2017 first with nil funds raised; experts say easier routes of raising capital such as QIP driving down popularity of rights

Inflows in Tata Motors stock may surge as it replace Dr Reddy's in Sensex

Change effective from Dec 19, but adjustment will take place on Dec 16. After DRL's deletion, Sun Pharma will be the only healthcare stock in the index

Zomato co-founder Mohit Gupta quits; third big exit in two weeks

Gupta was previously the chief operating officer for the travel company Makemytrip

Worst may be over for NMDC stock: Cash flows likely to improve, say experts

Margins may have bottomed out, say analysts

India not immune to impact of macro-economic environment: Flipkart CEO

Kalyan Krishnamurthy expects the fallout of the global macro environment next year in areas such as company valuations and the funding environment as well

Zee Entertainment, Sun TV may underperform on advertising growth worries

Between the two, Sun had better growth rates than Zee in the Sept quarter

Advertisers take position as Viacom18 goes digital with FIFA World Cup

Viacom18's initiative to offer the tournament for free on JioCinema app expected to boost viewership

India is catching up but the road is still long, say women leaders

For most women chief executive officers (CEOs) in India, the real job begins after overcoming this one big additional hurdle - to be accepted as the leader

Blue Dart sets up 25 outlets in Tier-I, II towns as part of expansion plan

Besides these 25 retails outlets, the company plans to establish 100 similar facilities

25% of demand now coming from digital channels, HUL tells investors

Says it's seeing 4x increase in e-commerce sales and 2x growth in modern trade