Page 1907 - Company News

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

Samsung looks beyond Jio to build 5G network; in talks with Airtel, VIL

Reliance Jio has undertaken trials with Ericsson in 5G

SpiceJet says flight operations remain normal; shares gain over 3%

The scrip rose 3.65 per cent to end the day at Rs 38.30 apiece on BSE and during intra-day trade, it jumped 4.73 per cent to Rs 38.70.

Deadline for Srei resolution extended for third time, new date is Aug 10

RBI superseded group firms in October 2021 over governance concerns and payment defaults

Nissan reaches significant export milestone of 1 mn 'Made in India' cars

Car maker Nissan Motor India has achieved a milestone of shipping out one million cars to different overseas markets, said the company.

Zee-Sony merger gets BSE, NSE nod after agreement signed last December

Merged entity to retain Zee's stock market listing, though Sony would provide large cash injection and hold 51% stake

Former I&B joint secretary Rakesh Mohan joins Dish TV India board

As of now, YES Bank owns 24.7 per cent stake in Dish TV while the former promoters own 5.9 per cent stake

BGMI delisting from Google, Apple app stores adds to gaming sector's woes

Gaming platforms suggested regulations to address the game addiction, rather than a blanket ban

Amazon moves SC challenging NCLAT ruling on Future group investment

Appellate tribunal upheld CCI order suspending digital commerce platform's investment in Future group in 2019

HDFC to fully acquire venture capital arm by buying shares from SBI

The acquisition is expected to be completed within 14 days from the date of execution of the share purchase agreement or by August 12, 2022

Torrent group rolls out succession plan; Aman Mehta joins pharma unit board

Last year, Aman had told Business Standard that they were still quite flexible to take up roles within the organisation

Chess Olympiad: Tech Mahindra's app lets game buffs track the board moves

The initial version of the application was launched on Friday and will be available on both iOS and android

5G auction: 71% of spectrum on block sold, Day 4 sale at Rs 232 cr

Seven rounds of bidding took place and incrementally Rs 232 cr came in on Friday. In all, 23 rounds of bidding have been conducted so far

'Absolute rubbish,' says Ola CEO on report of merger talks with Uber

Ola CEO Bhavish Aggarwal met top Uber executives in San Francisco recently, says a news report

BSNL bailout: On revival and 4G launch, employees have fingers crossed

BSNL will commission home-grown 4G technology that is being developed by the Tata Consultancy Services

After poor Microsoft Xbox show, Sony expects weaker PlayStation sales ahead

Japanese giant Sony on Friday warned weaker sales of its PlayStation (PS) gaming consoles ahead, along with reducing its annual profit outlook, as it closed the $3.7 billion acquisition of Bungie