Page 1906 - Company News

Concluding wage revision pact with coal workers highest priority: CIL chief

The latest wage revision which would benefit around 2.39 lakh non-executive manpower of coal India has been due since July 1, 2021.

Spectrum auction enters Day 6 of bidding; garners nearly Rs 1.5-trn so far

The pitched battle in UP East circle - where demand for 1800 MHz had peaked since Wednesday - seems to be cooling off now, indicating that the auctions may be entering the final leg, say sources

DLF aims 10% growth in sales bookings to about Rs 8,000 cr in FY23

Realty major DLF Ltd is targeting a 10 per cent growth in its sales bookings to about Rs 8,000 crore this fiscal on better demand for its housing properties

5G auction nears Rs 1.50 trn mark on Day 5; bidding to resume on Sunday

The reserve price fixed for spectrum is a "fair number" and the same is visible from the auction outcome, said telecom minister Vaishnaw

5G auction day 5 concludes, will continue for few more days: Vaishnaw

Reliance Industries' Jio, rivals Bharti Airtel and Vodafone Idea, as well as billionaire Gautam Adani's Adani Enterprises Ltd were all among the bidders for 5G airwaves

SpiceJet lessor asks DGCA to de-register three planes amid high costs

A Dubai-based lessor of SpiceJet Ltd has asked India's aviation regulator to deregister three of the budget airline's planes as SpiceJet struggles with high costs and maintenance challenges

Dr Reddy's Laboratories inks licensing pact with US' Slayback Pharma

Dr Reddy's Laboratories on Saturday said it has entered into a pact with US-based Slayback Pharma to acquire rights of a medication to relieve redness of the eyes

Mahindra & Mahindra records 100,000 bookings for Scorpio-N within 30 mins

The company said that the bookings translated into an ex-showroom value of $2.3 billion

Amazon reduces headcounts by 100,000, sees stabilisation in workforce

Amazon has reduced its direct workforce by nearly 1 lakh, the largest sequential drop in its history, primarily at its fulfillment centres and distribution network.

Lessor pushes to repossess SpiceJet aircraft as payment negotiations fail

Aircraft lessor DAE has approached aviation regulator DGCA to deregister three SpiceJet 737 planes

Will never merge: Ola CEO rubbishes reports of merger talks with Uber

Ola founder and CEO Bhavish Aggarwal has rubbished reports in a section of media about the company being in talks with Uber for a possible merger

YES Bank to raise $1.1 billion via stake sale to US private equity firms

Yes Bank Ltd said on Friday it will sell up to 10% stake to U.S. private equity firms Carlyle Group Inc and Advent International for $1.1 billion

Haryana CM approves special package of incentives for Suzuki Motorcycles

Haryana Chief Minister Manohar Lal Khattar accorded approval for a special package of incentives amounting to Rs 67.62 crores for Suzuki Motorcycles India Pvt Ltd (SMIPL)

Paytm will make operating profits by Sept 2023: Vijay Shekhar Sharma

Paytm's Vijay Shekhar Sharma says company is seeing excellent momentum and is on track to achieve operating profitability

Tele's new vision: A shift from linear to digital amid changing audience

The growth of TV depends on its ability to migrate its audiences and business online

Cost inflation, exceptional expense spoil Jubilant FoodWorks Q1 show

The Ebitda margins are expected to remain in the 24-25 per cent this fiscal and the acquisition of 40 per cent stake in Roadcast Tech Solutions will help improve efficiencies in delivery

Sales, debt reduction shape strong outlook for Macrotech Developers

Realty company on track to meet FY23 target of Rs 11,500 crore in bookings

Ola and Uber in merger talks; Bhavish meets Uber execs in US: Report

'Absolute rubbish. We're very profitable and growing well. If some other companies want to exit their business from India they are welcome to! We will never merge,' tweets Ola CEO

5G spectrum auction: Day 4 sale at Rs 232 crore; bidding to continue

Analysts say that the war will end if one of the players blinks

Apple revenues from India nearly doubled in June quarter: Tim Cook

Cook added that Apple continues to execute across some significant geographies where there's a very low penetration of the iPhone