Page 1882 - Company News

Adani Logistics acquires ICD 'Tumb' in Vapi from Navkar Corporation

Adani Logistics has signed a definitive agreement to acquire the ICD "Tumb" (Vapi) from Navkar Corporation Ltd for an enterprise value of Rs 835 crore

Warner Bros Discovery lays off nearly 14% of its workforce at HBO, HBO Max

Warner Bros Discovery (WBD) has laid off nearly 70 workers, or 14 per cent of its workforce, at HBO and HBO Max streaming service.

Snapchat+ reach 1 mn subscribers, users can now get noticed by celebrities

Snap has announced that its premium service Snapchat+ has reached 1 million subscribers and the platform has begun rolling out new features to allow users to customise their experience.

Should India exclude Chinese from the sub-Rs 10K 5G device category?

Telecom firms and others are concerned that such a move could stymie the effort to build affordable 5G phones in the sub-Rs 10,000 category

Hines plans to develop 900,000 sq ft office building in Mumbai foray

In a statement on Monday, Hines said it has entered into the Mumbai office market with a new development that will feature a 30-storey grade A office building

KKR to sell entire 26% Max Healthcare stake for Rs 9,416 crore today

American PE major exits from hospital chain after acquiring the stake in 2018

ABFRL looking at FY23 with cautious optimism, says Kumar Mangalam Birla

'The Indian economy is headed towards a steady recovery and as the vaccination drives progress, consumers are expected to get back to shopping with renewed confidence'

Indiabulls Real Estate cuts its net debt by 54% to Rs 464 crore

In the investor presentation IBREL said its net debt stood at Rs 464 crore at the end of June quarter, as against Rs 1,005 crore as on March 31, 2022

Bullish on retail, Lulu Group plans to develop more shopping malls in India

Shibu Philips, Director-Shopping Malls of Lulu Group India, said the Indian retail market is still "under-utilised" with the share of organised retail being still low.

Income tax e-filing, GSTN portals working 'pretty well': Infosys CEO

The income tax e-filing and GST Network portals are working "pretty well" and the systems are running effectively, Infosys CEO Salil Parekh said

India Inc tells employees to return to office; IT firms take the lead

Wanting its employees to trade in their sweatpants for a sharp suit as Covid cases rise

SII may use Oxford Biomedica's plant to make malaria, flu vaccines

SII is building a future pandemic facility, which will have an annual capacity of 2 bn doses

Ola Electric unveils one of India's 'fastest' cars; 0-100 Km/h in 4 seconds

Ola Electric has laid out its vision to become a vertically integrated electric mobility player across two-wheeler and passenger vehicle segments

Promoter of DFM Foods expresses interest to delist shares of the company

As on date, the promoter-AI Global Investments, hold 73.7 per cent stake in the company

Financials lead earnings in Q1; metal & mining, IT firms among laggards

BFSI companies together accounted for 48 per cent of the incremental growth in corporate profits on a year-on-year (YoY) basis in the quarter

On 75th I-Day, M&M unveils e-mobility plan with five new electric SUVs

The brands will be manifested through five e-SUVs under XUV.e8, XUV.e9, BE.05, BE.07 and BE.09

Bharat Biotech says Phase 3 trial over, intranasal vaccine 'safe'

Seeks nod as both primary and precaution dose

Deloitte audit report very soon as BYJU's files FY21 tax returns: Report

BYJU's, which faced intense scrutiny recently over several issues, made multiple acquisitions in FY21 and each of these acquisitions had a different accounting style and year

'Would never acquire a loss-making business': Ola CEO on merger with Uber

The Covid-19 pandemic has hurt the transportation industry. But Ola said it is one of the most profitable ride-hailing companies in the world with a strong balance sheet

5G networks: The next big battle in India's telecom space is about to begin

Now that the bidding for spectrum is over, the next big battle lies in standalone versus non-standalone networks