Page 1713 - Company News

Reliance Jio rolls out 'True 5G' network service in Delhi-NCR

Jio has developed its 5G network on the standalone technology which has zero dependency to its existing 4G network

Adani planning to open family office in Dubai or New York to manage wealth

Adani family is currently talking to consultants and tax experts about the plans; location of the office is still in flux, and may change based on the advice they receive and availability of resources

Qualcomm doubles down on 5G access with Jio to connect 100 mn Indian homes

Qualcomm is working very closely with Reliance Jio to provide its chipset platforms for the 5G fixed wireless access and the Open RAN 5G network.

Top headlines: Tata plans to scrap Vistara, Amazon layoff to extend to 2023

Business Standard brings you the top headlines at this hour

Blackstone to acquire majority stake in R Systems for Rs 2,904 crore

Blackstone is buying the promoters' stake for Rs 245 per share, a premium of 3.9 per cent on the current price of Rs 235.8 per share. The promoters will get around Rs 1,496.95 crore

Kirloskar Brothers calls EGM on Dec 8; to vote on forensic audit

Shareholders to discuss legal fees paid by company as dispute in promoter family continues

Year-end fares go through the roof as airlines fly on low capacity

More than 75 planes are grounded; Goa to see 11% fewer flights in December

Reliance Jio tops 4G network speed chart in October, shows Trai data

Jio was followed by Vi which recorded an average upload speed of 4.5 mbps in October and Airtel with an average upload of 2.7 mbps

Indian PC mkt dips 11.7% in Q3CY22; demand to be slow for next 2 qtrs: IDC

All segments declined except the government, which grew by 91.5 per cent YoY on the back of government orders, leading to strong growth in the third consecutive quarter

Aircraft engine maker P&W bosses fly to India to soothe customers' worries

Senior executives meet industry leaders and civil aviation secretary after slow delivery of engines

Higher crude realisations have analysts upbeat on ONGC, Oil India

ONGC reported standalone earnings before interest, taxes, depreciation, and amortisation (EBITDA) of Rs 18,810 crore

Bharti Telecom plans to tap bond market to raise Rs 7,000 crore

The telecom operator, which holds a stake in Bharti Airtel, plans to raise funds in three tranches and has invited bids from investors on Friday

2022 e-commerce festival sales almost 2x of 2019: Redseer report

This is about 25 per cent year-over-year growth as compared to festive sale month of CY2021

NCLT orders corporate insolvency resolution of real estate firm BPTP

RBCL Projects had filed the petition in the NCLT to initiate CIRP against the BPTP, which was incorporated in 2003

Suven starts Phase 3 trial for first home-grown Alzheimer's drug

Clinical trial randomisation is the process of assigning patients by chance to groups that receive different treatments

Tata Group plans to merge carriers under Air India, scrap Vistara brand

Tata is considering scrapping Vistara brand, Singapore Airlines Ltd's local affiliate in South Asian nation; Singapore Airlines is evaluating the size of stake it should take in the combined entity

PE/VC investments drop 75% in October over last year: IVCA-EY report

Inflation woes, recession fears, the rising cost of capital, and elevated levels of uncertainty driven by geopolitical tensions have weighed down the PE/VC activity in 2022

Godrej Yummiez expands vegetarian portfolio; aims for 30% growth in FY23

Godrej Yummiez, a brand of ready-to-cook products from Godrej Tyson Foods (GTFL), expanded its vegetarian portfolio with the launch of Godrej Yummiez Crispy Potato Starz

NCLT initiates insolvency proceedings against Ansal Properties & Infra

The entire project is lying incomplete/unfinished even after a gap of four years from the promised

CPPIB buys shares of FSN E-Commerce Ventures worth Rs 299 crore

The shares were acquired at an average price of Rs 175.25 apiece, taking the aggregate value to Rs 299.35 crore