Page 1747 - Company News

India Inc moves to Dubai in droves as emirate eases ownership rules

The CEPA aims to boost India-UAE bilateral trade to $100 billion in goods in the coming five years

What's in store for Twitter and its spats with Indian govt in the Musk era?

Business Standard does a recap of the face-off between the microblogging site on one side and the Centre and MeitY on the other

Consumer forum fines Amazon for Rs 10,000 for selling knives above MRP

The District Consumer Disputes Redressal Forum here has fined online trade platform Amazon for selling knives above the maximum retail price

Employees not forced to resign, it's part of 5% workforce reduction: BYJU's

Earlier this month, BYJU's had announced to reduce 5 per cent of its 50,000-strong workforce (about 2,500 people), which will be "rationalised across product, content, media

Apple removes gambling app ads placed next to kids' gaming section

Apple has temporarily pulled gambling ads from iPhone's App store's "you may also like" section alongside the children's games section

Tata plans to borrow Rs 15,000 crore for Air India's working capital

The money will be used to cover day-to-day air operations and losses, refurbish the fleet, pay aircraft rentals and overhaul IT operations, according to sources

Boat joins PharmEasy, Droom to shelve listing plans amid valuation concerns

Rising Sebi scrutiny, poor investor response during roadshows seen as reasons for withdrawal by companies

Crypto exchange Binance creating team to help Twitter with things like bots

The world's largest crypto exchange appears to be seeking an active role in how Twitter is run

Byju's laying off workers in Bengaluru HQ, says K'taka IT workers' union

Bengaluru-based Edtech giant Byju's, after making news for massive layoffs in Kerala's Thiruvananthapuram, is now facing similar allegations in this city of Karnataka

Want to see business plan to tackle arrears, issues: Centre asks Voda Idea

Vi is also in talks with Indus Towers which has asked Vi to pay its dues of Rs 7,000 crore by November or face action

General Motors temporarily suspends Twitter advertising after Musk takeover

The Detroit automaker, which is racing to catch up with Tesla in electric vehicle development, said Friday it's talking with Twitter to discuss how the platform will change

Elon Musk to form a council to advise on lifting any Twitter bans

Musk, whose $44 billion deal to take the social network private was completed Thursday, had indicated previously that he thought Twitter's content moderation standards were too strict

Musk takes a $10 bn hit to his net worth after finalising Twitter deal

The $10 billion hit to Musk's fortune brings his total losses this year to $66 billion, according to the Bloomberg wealth index

Google plans legal challenge to block CCI's Android order: Report

The CCI-Android ruling, despite involving a smaller $162 million (Rs 1,334 crore) fine, has worried Google since it seeks wider ranging remedial measures

Maruti Suzuki India Q2 net profit jumps 334% YoY to Rs 2,112 crore

Chip supply resolution, favourable forex rate and record sales drive growth

Fairfax not exiting Bengaluru airport, has 'no interest' in selling stake

Company-owned by Canadian billionaire responds to a media report about the sale

Tata Power net profit jumps 94% in Sept quarter on strong energy demand

Sequentially, revenue declined 3.2 per cent. In the June quarter, the company reported revenue of Rs 14,495 crore and net profit of Rs 795 crore

Vedanta Q2 net profit falls 60% on higher expenses; revenue up 20%

Vedanta's oil and gas business also took a hit due to the windfall tax and lower crude prices in Q2, analysts said

Flipkart's loss widens 51% to Rs 4,362 cr in FY22 on 36% spike in expenses

The company generated revenue from various sources, such as marketplace, collection, logistics, storage, and advertisements

Loans to arms had Rs 1,755-crore impact on Reliance Capital in FY20: Audit

Nageswara Rao Y is the administrator of Reliance Capital