Page 1831 - Company News

BPCL plans to load 700k barrels of Russia's Sokol cargo in Sept: Report

The Sokol cargo had been one of two sold by ONGC Videsh, the overseas investment arm of Oil and Natural Gas Corp to refiners Hindustan Petroleum Corp and BPCL in March

USFDA asks Panacea Biotec to take corrective measures at Himachal unit

Panacea Biotec Ltd on Thursday said the US health regulator has asked for further corrective actions at the manufacturing unit of its wholly-owned arm at Baddi in Himachal Pradesh

Japan's JFE to decide on joint venture with JSW in India by 2022-end

Japan's second-biggest steelmaker, which is under JFE Holdings, aims to tap growth in the Indian market by offering advanced steel products to boost efficiency in power generation

75% Indian employees keen to upskill themselves: Dell Technologies report

77% of all employees say their business needs to provide the necessary tools and infrastructure to work flexibly, in a way that suits everyone

SBI dishonours cheque after misreading Kannada numeral; fined Rs 85,000

Vadirajacharya Inamdar issued an SBI cheque for Rs 6,000 to Hubli Electricity Supply Company Limited (HESCOM) towards his electricity bill on September 3, 2020

Apple's China partner bars workers from leaving premises to shut out Covid

The firm, which also manages data for other clients, didn't say whether the iPhone maker's servers had been affected or when the lockdown will lift

QSR chain Wow! Momo raises Rs 125 cr from OAKS Asset for business expansion

"We expect Wow! Momo to not only gain domestic market share in India but also to be the first global sized QSR company from India," said Vishal Ootam, founder and CEO of OAKS Asset Management

Microsoft offer to buy Call of Duty publisher 'inadequate': PlayStation CEO

The disagreement between both firms follows Microsoft's offer to buy CoD publisher Activision Blizzard in a deal worth nearly $69 billion

Singtel entities jointly offload 1.76% stake in Airtel for Rs 7,128 cr

Bharti Airtel promoter Bharti Telecom Ltd has bought a 1.63 per cent stake from Singtel entity Pastel Ltd for Rs 6,602 crore through an open market transaction

Google pilot allows local fantasy sports, rummy games on India Play Store

Google is set to run a pilot test for the local developers to distribute their daily fantasy sports (DFS) and rummy games apps on Play Store in India, as e-sports become big in the country.

Adani open offer for additional stake in NDTV starts Oct 17: JM Financial

Open offer for acquiring up to 1.67 crore equity shares will amount to Rs 492.81 crore, if fully subscribed

New telecom law should suspend USOF levies, say industry bodies

A new legal framework for the telecom sector should freeze fresh levies from telcos for the Universal Service Obligation Fund, say ASSOCHAM, IAMAI

E-commerce giants may clock $11.8 bn in gross festive sales: Redseer

The massive growth in festive sales will further push the overall online retail GMV (gross merchandise value), which stood at $52 billion in 2021, to grow by 30 per cent to reach $68 billion in 2022

Gangwal may sell up to 2.8% in IndiGo Airlines for Rs 2,000 cr: Sources

Stake sale being brokered by three investment banks, says another source; Gangwal and his group currently own 36.6% in InterGlobe Aviation, Bhatia's camp owns 38.17%

Bharat Biotech awaits booster dose nod for intranasal vaccine iNCOVACC

Bharat Biotech did not comment on its plans to make this vaccine available for young children

Tighter seat belt rules work better for rider safety than alarm: Carmakers

Intention is noble but won't help if passengers decide to ignore it, they say

Over 2 years after Covid outbreak, consumer firms see strong festival sales

The sentiment is robust even in the consumer durables segment

Apollo Tyres' stock racing ahead on improving outlook, growth in EU

While volumes are rising, there are interesting structural changes taking place in the sector

Mindtree planning to set up development centre in Kolkata, says CEO

The development centre can create employment opportunities for 15,000-20,000 people, he said

Onboarding of e-commerce giants crucial to ensure success of ONDC

There are also players such as Google and Reliance-backed Dunzo, Paytm, PhonePe and Reliance Retail-owned last-mile logistics company, Grab, which are joining ONDC to provide various services