Page 1856 - Company News

8 in 10 Twitter accounts fake, claims top security expert as Musk laughs

Tesla and SpaceX CEO Elon Musk went after Parag Agrawal-led platform once again, after a top cybersecurity expert claimed that as high as eight in 10 Twitter accounts are fake

As ad biz takes hit, Meta builds more paid features across its apps

According to The Verge, the new division is Meta's "first serious foray into building paid features across its main social apps"

UK-based chip designer Arm sues Qualcomm, Nuvia over license violations

Arm said that both Qualcomm and Nuvia violated the licenses by using Arm's processor designs and architecture

Apple may launch new 'iPhone 14 Max' this year along with other models

However, the device could actually end up having a different name -- like iPhone 14 Plus

RCap insolvency: Will creditors lose out in the resolution?

Monday was the last day for submission of bids for Reliance Capital assets sale after five deadline extensions. So, what is in the store for the lenders and other stakeholders, let us find out

NTPC gets shareholders' nod to raise up to Rs 12,000 cr via bonds

NTPC has got shareholders' approval to raise up to Rs 12,000 crore through issuance of non-convertible debentures on private placement basis

Significant reduction in debt burden to Rs 1,810 cr till Mar 31: Coffee Day

The debt level of Coffee Day Enterprises has been reduced "significantly" to Rs 1,810 crore as on March 31, the company said in its latest annual report

Ashok Leyland bags mega order for fleet of 1,400 school buses in UAE

Ashok Leyland, the flagship brand of the Hinduja Group, on Wednesday announced bagging orders from major fleets for 1,400 school buses in the UAE

ONGC gets Rajesh Kumar Srivastava as third interim chairman in a row

Srivastava, who is the senior-most director on the ONGC board, has been given additional charge of chairman and managing director after current acting head Alka Mittal superannuated

Molbio Diagnostics looking to expand test menu on its Truenat platform

The company is also open to raising funds and has been in talks with PE and VC funds for the same

IndiGo announces codeshare with Virgin Atlantic; to cover 7 cities in India

The codeshare will allow Virgin Atlantic passengers to book a single ticket to travel from London to Delhi or Mumbai, and then take IndiGo flight to these Indian cities

Softbank's Rajeev Misra steps down as corporate officer and exec VP

Remains CEO of SB Investment Advisers which manages SoftBank Vision Fund 1, Masayoshi Son to manage second Vision Fund; move follows record losses in the Japanese investment group

Reliance Industries ups O2C play as competitive intensity grows

Adani, TCG among key rivals in the sector

Qualcomm to provide chipset platforms for Reliance Jio's 5G equipment

The US chip design company is helping indigenous manufacture of 5G FWA customer equipment, working with mobile device makers to enable stand alone 5G phones and also reduce their prices

Tata alters policies to consolidate group operations under one umbrella

In 2000, Tata first amended the Tata group retirement policy of 70 years to bring in younger leaders and remove older directors

Fresh intake, higher offshoring in IT sector impacting revenue per employee

Adding to this, record number of hiring that the industry did means the bench at companies have gone up.

BSE 200: Adani stocks outperform indices, Zomato down 57.8% in 2022 so far

Top gainers have surged between 50% and 315%, while new-age tech companies, such as Zomato and PB Fintech, have lost half their market value

GMR Group to divest 30% stake in Indonesia's PT GEMS for $420 mn

The divestment will give thrust to GMR's non-airport business through reduction of leverage and give a platform for the growth of its clean energy initiatives

Sony-Zee merger can hurt competition, scrutiny needed, says CCI: Report

Zee in a statement said it continues to take all the required legal steps to complete all the necessary approval processes for the proposed merger

SpiceJet reports combined loss of Rs 1,247 crore in Q4FY22 and Q1FY23

SpiceJet incurred net losses of Rs 316 crore, Rs 934 crore, and Rs 998 crore in FY19, FY20, and FY21, respectively