Page 1923 - Company News

Tata Communications net profit jumps 84% to Rs 544 cr in June quarter

Tata Communications on Wednesday posted an increase of 83.63 per cent in consolidated profit to Rs 543.76 crore in the June quarter.

US: Apple Watch detects deadly tumour, saves user's life in Maine

Tech giant Apple's smartwatch has possibly saved another life as a new report says that Apple Watch detected a rare tumor, which could have potentially been fatal to the user in the US.

RIL's shares climb over 2%, ONGC jumps 4% after windfall tax cut

Shares of firms related to oil exploration and refineries were in heavy demand on Wednesday, with Reliance Industries and ONGC rallying after the government slashed windfall tax

JSW Steel undertakes initiatives to reduce carbon footprint: Chairman

JSW Steel is undertaking various initiatives to reduce carbon footprint in line with India's net zero ambitions, its Chairman Sajjan Jindal said on Wednesday.

Twitter can be made liable for fraudulent disclosure on bots, thinks Musk

Twitter has misled its users from revealing the actual number of bots or spam accounts on its platform, then the Parag Agrawal-led company can be held liable for fraudulent disclosure, feels Elon Musk

Cloud adoption can add $380 bn to India's GDP, create 14 mn jobs: Nasscom

Large-scale adoption of Cloud has the potential to contribute $380 billion to the countrys gross domestic product (GDP), creating 14 million direct and indirect employment opportunities by 2026

Nikon unveils Z 30 camera, targets social media content creators

Well-known for its high-quality cameras, Japanese electronics giant Nikon unveiled another masterpiece in Gurugram on Wednesday.

NHPC, DVC sign pact to set up joint venture firm for hydro power: Report

State-owned hydro power giant NHPC on Wednesday said it has inked a pact with Damoder Valley Corporation to explore possibility of forming a joint venture firm for setting up hydro power projects

Tata Steel ropes in Australia's BHP to study low-emission steelmaking tech

The partnership aims to help both companies progress toward their climate change goals, and support India's ambitions to be carbon neutral by 2070, the domestic steel major said on Wednesday.

Hinduja Leyland Finance to merge with group firm NxtDigital in 9 months

NxtDigital handles broadband, digital cable television, content syndication, teleshopping

Competition issues: Parl panel to meet Zomato, Flipkart, tech firms' reps

A key parliamentary panel will meet representatives of various tech platforms, e-commerce players and gaming entities to discuss about their market behaviour amid rising anti-competition concerns

Installation art company Meta sues Facebook over trademark violation

Meta, a small business operating in the immersive and experiential technology industry since 2010, has filed a lawsuit against Facebook for trademark violation

Nissan Motor to invest over Rs 2 cr to upgrade Chengalpet hospital

Nissan Motor has committed an investment of over Rs two crore to upgrade the infrastructure at the medical college and hospital in neighbouring Chengalpet district, the company said

FitterFly raises $12 mn in series A funding led by Amazon Smbhav, Fireside

The funds raised will be used to increase Diabefly's reach, their digital therapeutics and clinically-proven programme to prevent, manage and reverse diabetes

ITC will continue to deliver robust growth despite inflation concerns: Puri

Diversified conglomerate ITC Limited said that the company will continue to deliver robust growth despite key concerns such as inflation

Microsoft announces 'Viva Engage' app in Teams to help build community

Tech giant Microsoft has announced that it is introducing Viva Engage, a new app in Teams that helps build community and connection, along with providing tools for personal expression

Vedanta to pay out Rs 7,250 cr on second interim dividend at Rs 19.5/share

So far, the company's dividend payout in FY23 stands at Rs 18,960 crore, ahead of FY22 total dividend of Rs 16,740 crore

Amazon sues admins of over 10,000 Facebook groups over fake reviews

Amazon has filed a lawsuit against administrators of more than 10,000 Facebook groups it accuses of coordinating fake reviews in exchange for money or free products

NTPC set to award first coal-fired plant in about six years: Report

Bharat Heavy Electricals Ltd. emerged as the lowest bidder to build the 1,320 megawatt project in the eastern state of Odisha

Gazprom Singapore misses LNG deliveries to GAIL amid soaring demand: Report

GMTS is willing to offer a penalty to the Indian company for missed cargoes. One of the sources said the penalty is miniscule compared to spot prices of LNG.