Page 1887 - Company News

Triumph International India launches 1st exclusive retail store in Pune

Triumph International India, one of the world's leading intimate apparel brands, inaugurated its first exclusive standalone retail store in Pune at Phoenix Marketcity, Viman Nagar.

Coupon-finding Groupon lays off over 500 employees, 15% of its staff

Chicago-based e-commerce marketplace Groupon has confirmed that it has laid off more than 500 of its employees -- 15 per cent of its 3,416-person headcount and is also planning to slash costs

After 'substantial' new hiring cuts, Snapchat planning to sack workers

Joining the league of Big Tech companies who have laid off employees, photo-sharing platform Snapchat is set to sack workers and is in early stages of planning layoffs.

Crave InfoTech launches 'white paper' on top supply chain challenges

Crave InfoTech launched its white paper on 'Top 10 Supply Challenges and the Right Intelligent-Enterprise Solution'. The white paper has been crafted post deep industry research.

Chinese companies may have to exit sub-Rs 10,000 mobile market

While discussions on the strategy are on, there's a growing consensus within the government that the lower end of the market should be reserved only for the domestic players

Will India's newest airline Akasa's launch help bring down airfares?

Akasa Air took off from the runways of Mumbai airport on Sunday, hotting up competition in the Indian sky. What strategy is Rakesh Jhunjhunwala-backed budget carrier adopting to stay afloat?

Apollo Hospitals acquires asset from Nayati Healthcare for Rs 450 crore

The hospital asset was sold by DLF Qutub Enclave Complex Medical Charitable Trust in 2011 to Nayati Healthcare and Research NCR Pvt Ltd

MGL, Gujarat Gas: Analysts see some silver lining for downstream gas stocks

Analysts have lowered their earnings estimates, but have 'buy' recommendations for several stocks

Succession at Torrent Group: Varun Mehta inducted into Torrent Power Board

After cousin Aman joins Torrent Pharma board, Varun Mehta, son of Sudhir Mehta, joins Torrent Power Board

India's smartphone market sees 1% decline in the first half of 2022

Xiaomi continued to be the top-selling brand, but saw a big drop in shipments due to supply constraints through the first half of 2022

RIL annual report: Growth engines shifting to top gear, says Mukesh Ambani

5G coverage planning done in 1,000 cities, retail investments at Rs 30,000 cr

Use only indigenous tech in 4G, 5G roll-outs: Vaishnaw to BSNL brass

Asks them to increase mobile subscriber base to 200 million

New business premiums of life insurance companies jump 91% in July

This is thanks to strong premium growth by LIC

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

The funds to be raised in one or more tranches (not exceeding 12) through private placement will be used as capital expenditure, working capital and for general corporate purposes

Reckitt contributes Rs 7,880 cr to India's GDP in 2021: Oxford Economics

India is among the top three markets for Reckitt, earlier known as Reckitt Benckiser, and owns popular household brands such as Dettol, Lysol, Harpic, Durex, Veet and Strepsils

Sauvik Banerjjee, former Tata Digital CTO, joins UK's Rezolve

Banerjjee brings to Rezolve more than 22 years of experience in senior roles

Accenture and AWS collaborate to upskill individuals for cloud careers

It will also connect learners to potential employers and offer support for resume writing and coaching for job interviews

Good Glamm Group strengthens video content strategy to reach more users

Good Media Co. will be investing $5 million in growing its video assets and digital media platforms to increase reach by 150 per cent and scale revenue across the Good Glamm Group brands by 50%

upGrad raises $210 mn funding, eyes acquisitions in US, Southeast Asia

The funding has helped the firm double its valuation to $2.25 billion

HC allows entities related to Vivo to operate bank A/Cs with condition

Delhi HC granted permission to 14 entities, which the ED claims are connected to Vivo, to operate their frozen bank accounts subject to maintaining the balance as on date of agency's search.