Page 1780 - Company News

India's taxes on crypto transactions may 'kill the industry': Binance CEO

Binance Holding CEO Zhao "CZ" Changpeng said India's onerous taxes on cryptocurrency transactions will probably "kill the industry"

Logistics firm OBCL bags Rs 150-crore transportation contract from Vedanta

As part of the agreement, OBCL said, it will transport finished aluminium items to western business clusters

Shriram Properties Apr-Sep sales bookings climb 27% to Rs 747 crore

Aggregate sales value grew more strongly by 27 per cent year-on-year to Rs 747 crore in H1 of FY23

Qualcomm gives downbeat forecast as Covid-19 lockdown affect phone market

Qualcomm Inc., the biggest maker of smartphone processors, tumbled in pre-market trading after giving a far weaker forecast than expected, punished by the economic slowdown and Covid-19 lockdowns

Twitter can allow users to see global content with ease: Musk to Ali Zafar

The Tesla CEO is in a hurry to change Twitter, announcing product changes every day via his Twitter account that now has 113.5 million followers

Cognizant closes Q3 with $4.9 billion revenue, 2.4 per cent growth

Nasdaq listed Cognizant Technology Solutions (Cognizant) closed the third quarter with a 2.4 per cent revenue growth.

50 mn networking conversations witnessed among rising workforce in Q3: Apna

Apna.co said it has facilitated professional networking through various algorithms and technology tools

8i Ventures announces first close of second investment fund worth $50 mn

Early-stage venture capital company says fintech 'single largest opportunity in India'

65% Indian firms now employing gig workers amid tech talent crunch: Report

While the share of organisations employing gig workers has increased, their proportion remains less than 5 per cent of the total workforce (in companies with more than 2,000 full-time employees).

Cognizant cuts revenue forecast, flags attrition impact on business

CEO says revenue and bookings below expectations, but company will return to 'accelerated growth'

AG&P Pratham signs MoU with Karnataka govt to develop city gas distribution

Under the MoU, AG&P Pratham will invest Rs 8,000 crores over the next eight years to build CGD networks in various districts.

EV start-up MoEVing raises $2.5 mn from JSW Ventures for e-mobility biz

Funding will also support firm's expansion across multiple cities in India and team building across functions; current round brings MoEVing's total funding to $10 million

KFC and Pizza Hut witnessed double digit system sales growth in India

Both KFC and Pizza Hut's system sales contribution of each of the brands stood at 1 per cent in the quarter

JSW Steel eyes 50 MT capacity by 2030 via greenfield, brownfield options

Jindal's growth plans are in sync with the country's target of doubling crude steel capacity to 300 mt of crude steel capacity in the next 9-10 years

Nykaa's strong performance in Sept quarter bucks new-age tech bloat

Nykaa has already expanded to 15 cities, not states. Ergo fulfilment costs are already down. Distance from warehouse to customer has therefore, shrunk

LIC Housing Finance stock comes under pressure on weak Q2 results

Improvement in interest income and margins crucial for investor sentiment to revive

AirAsia India-Air India Express merger likely by 2023-end: Air India

Air India has signed agreements to complete the acquisition of 100 per cent shareholding in AirAsia India

Within a month, Bharti Airtel crosses 1-million 5G subscribers mark

As of August, Airtel had the second largest overall mobile phone user base at 363.8 million

Vodafone Idea enhances postpaid offering as it loses ground to Airtel

New Vi Max postpaid plan offers users more data and SMSes per month, apart from travel discounts, airport lounge access, and priority customer service; comes into effect on Wednesday

Reliance Cap bidders raise issues with Rs 20,000 cr financial implication

The last date for submitting binding bids for Reliance Capital and its subsidiaries is November 28