Page 1874 - Company News
Zomato stops renewals and new sign-ups on Zomato Pro: What has changed?
The spokesperson of Zomato said that they are working on a new program and are working closely with the customers as well as the partners for the same
 "Zomato stops renewals and new sign-ups on Zomato Pro: What has changed?")
Apple, Google, Amazon India execs to depose before House panel on Tuesday
The Parliamentary Standing Committee on Finance has been looking into various aspects of competition in the marketplace, especially concerning technology majors
 "Apple, Google, Amazon India execs to depose before House panel on Tuesday")
Toyota doubles down on hybrid bet in India, low-cost models to surface soon
Toyota plans to reboot its strategy for India, doubling down on a bet that emerging markets will welcome its hybrids, as long as the price is right
 "Toyota doubles down on hybrid bet in India, low-cost models to surface soon")
Firms rev up plans to build massive battery storage capacity to power EVs
The capacities committed will come from companies eligible for PLI as well as other players; the largest capacity currently from a single company would be 20 GWh
 "Firms rev up plans to build massive battery storage capacity to power EVs")
Ikea to open small city outlets along with mega formats in India
The company had in 2013 received government approval for its Rs 10,500 crore investment for opening stores in India
 "Ikea to open small city outlets along with mega formats in India")
RIL may be lone bidder for JBF Petrochem, which defaulted on Rs 5K-cr loan
JBF Petrochemicals, a Mangalore-based company, is up for sale for defaulting on bank loans worth Rs 5,000 crore
 "RIL may be lone bidder for JBF Petrochem, which defaulted on Rs 5K-cr loan")
L&T to work across green energy value chain; to pump in $2.5 bn in 3-4 yrs
Investment to help it tap the entire value chain from manufacturing to EPC projects
 "L&T to work across green energy value chain; to pump in $2.5 bn in 3-4 yrs")
Ethical Code to keep doctor, drugmaker nexus at bay not mandatory yet
The recent controversy following income tax raids on Micro Labs, makers of popular paracetamol brand Dolo, is likely to make things move in making the UCPMP
 "Ethical Code to keep doctor, drugmaker nexus at bay not mandatory yet")
Advertising in movie halls: From still cards to experiential marketing
While in-cinema advertising is yet to reach pre-pandemic levels, multiplex operators are making the next big leap to lure brands. Will it revive the market?
 "Advertising in movie halls: From still cards to experiential marketing")
Zomato apologises over Hrithik Roshan's controversial 'Mahakal thali' ad
After facing flak over their latest advertisement featuring Hrithik Roshan, food delivery platform Zomato issued an apology for hurting people's sentiments
 "Zomato apologises over Hrithik Roshan's controversial 'Mahakal thali' ad")
Vijay Shekhar Sharma to continue as Paytm's MD & CEO for another 5 yrs
Around 99.67% shareholders voted in favour of his reappointment
 "Vijay Shekhar Sharma to continue as Paytm's MD & CEO for another 5 yrs")
Brokerages expect Trent to be on growth runway after strong Q1 results
A CUT ABOVE Improved presentation in new categories, JVs/associates to gussy up retail major's consolidated performance
 "Brokerages expect Trent to be on growth runway after strong Q1 results")
ONGC prepares for 3rd interim chairman in a row; 9 shortlisted for top job
State-owned Oil and Natural Gas Corporation (ONGC) is preparing for a record third interim chairman as no full-time head of India's most profitable company has yet been selected in 17 months
 "ONGC prepares for 3rd interim chairman in a row; 9 shortlisted for top job")
Vijay Shekhar Sharma re-appointed as Paytm MD for another five years
A total of 99.67% majority votes were recorded in favour of Sharma's re-appointment
 "Vijay Shekhar Sharma re-appointed as Paytm MD for another five years")
Central Bank of India likely to exit RBI PCA framework soon: Report
Central Bank of India, the only public sector lender under the RBI's prompt corrective action (PCA) framework, may see an exit from restrictions soon following an improvement in its financial health
 "Central Bank of India likely to exit RBI PCA framework soon: Report")
LIC sees 20% decline in death claims in Q1 FY23 as Covid impact ebbs
Insurance behemoth LIC witnessed a decline of nearly 20 per cent in death claims in the first quarter of this fiscal with the Covid impact seen to be ebbing
 "LIC sees 20% decline in death claims in Q1 FY23 as Covid impact ebbs")
Value of human creativity growing exponentially along with tech: K M Birla
He said that over the coming decade technologists, industrialists, politicians and citizens alike will need to grapple with some existential questions.
 "Value of human creativity growing exponentially along with tech: K M Birla")
Adani to launch open offer to acquire stake in ACC, Ambuja Cement on Aug 26
Markets regulator Sebi granted approval for the open offer this week. The open offer is estimated at over Rs 31,000 crore if fully subscribed.
 "Adani to launch open offer to acquire stake in ACC, Ambuja Cement on Aug 26")
Warehousing rents in Mumbai, Bengaluru, Delhi-NCR up 7.2% in FY'22: Report
Mumbai saw an annual growth of 9.3 per cent in prime warehousing rents to Rs 265 per square feet per year in the last fiscal, from Rs 243 per square feet in the previous year.
 "Warehousing rents in Mumbai, Bengaluru, Delhi-NCR up 7.2% in FY'22: Report")
The pink of health: Trade generics now key growth driver for Cipla
Vertical witnesses 25% CAGR in 5 yrs
 "The pink of health: Trade generics now key growth driver for Cipla")