Page 1780 - Company News

Authum Investment acquires Reliance Commercial Finance for Rs 1 crore

Authum Investment and Infrastructure on Friday acquired debt-ridden Reliance Commercial Finance Limited (RCFL) for Rs 1 crore

Tata Power hit by cyber attack, says critical systems functioning

The company did not divulge which systems were impacted

Adani Agri gets contract from FCI to build 4 silos complexes in UP, Bihar

Adani Agri Logistics Ltd on Friday said it has got contract from state-owned FCI to build four silo complexes in Uttar Pradesh and Bihar

Cyber attack hits IT systems of Tata Power, restoration underway

Tata Power on Friday said that a cyber attack has hit its Information Technology (IT) infrastructure and affected its systems

CCI urges self regulation for film industry, wants end to bans and boycotts

Implementation of a box office monitoring system, sharing of promotion cost by multiplexes, phasing out the virtual print fee are among other suggestions made by antitrust watchdog

Air India in talks with aircraft makers to buy planes: CFO Vinod Hejmadi

Air India is in discussions with aircraft manufacturers for acquiring planes as the Tata group-owned airline plans to expand its fleet by three times compared to the current size

Jio pips Vi to top 4G upload speed chart, leads in download speed: Trai

Telecom major Jio topped the 4G network speed chart in terms of average download and upload for the first time in about six years of its commercial operation, according to data published by Trai

Infosys shares jump 4% on strong quarterly earnings, net profit up 11%

Shares of Infosys climbed 4 per cent on Friday after the company posted better-than-expected 11 per cent rise in consolidated net profit for the September quarter and announced buyback of shares

Instagram introduces new age verification feature for users in India

People will now be able to ask others to vouch for their age or use tech to confirm their age based on video selfie. Earlier, verification was possible only by uploading driving license or other ID

TARC Ltd to invest Rs 500 cr to develop its luxury hsg project by 2025 end

The new three-acre project, TARC Tripundra, will have 190 apartments. It is the first under the TARC brand name, although the Anant Raj Group has been into real estate the past four decades

Thibault Cuny, MD & CEO, Pernod Ricard South Asia quits over health issues

Philippe Guettat to take over for interim period

Lawmaker Karti P Chidambaram asks ICAI to investigate Byju's finances

Says nearly 81% of Byju's operating revenue for FY2021 constitutes sale of products like tablets, SD cards and laptops, which is a blatant misrepresentation of facts to classify hardware as edutech

ESG and net zero emissions gaining momentum among realty developers

ESG focus is fairly advanced in developed realty markets and will soon become widespread in India, say industry players; the sector aims to achieve 80-90% green certifications in 4-5 years

Infosys runs 'Accelerate' to avert moonlighting, says it supports learning

Infosys supports 'gig work' for employees but is against dual employment, has fired people who were moonlighting, CEO Salil Parekh said in a media interaction on Thursday

Working on second phase of single window approval system: DPIIT Secy

The commerce and industry ministry is working on the second phase of the single window system for giving all approvals to existing businesses, a top government official said on Friday

Discoms' aggregate loss rises 66% to Rs 50,281 cr in 2020-21: Report

Aggregate losses of power distribution utilities or discoms increased by 66% to Rs 50,281 crore in 2020-21 as compared to the previous year, a report by state-run Power Finance Corporation said

BPCL to convert outlets into stations providing multiple fueling options

Bharat Petroleum Corporation Limited (BPCL) has aimed to convert its 7,000 conventional retail outlets into energy stations providing multiple fueling options

Vistara ramps up ops, announces connectivity between Pune and Singapore

Vistara airline on Friday announced the addition of a new route to its international network with four weekly flights between Pune and Singapore, starting December

Adani Enterprises says not evaluating plans to buy Jaiprakash cement unit

Indian billionaire Gautam Adani-led Adani Enterprises Ltd on Friday said it was not evaluating a proposal to acquire Jaiprakash Associates Ltd's cement business.

Zoomcar inks merger pact with Innovative International Acquisition Corp

Car sharing platform Zoomcar on Friday said it has inked a merger agreement with Innovative International Acquisition Corp and subsequently become a publicly listed entity on Nasdaq