Page 1929 - Company News

Phone-tapping at NSE: Mumbai ex-top cop's firm saw biz dip in recent years

The phone tapping is said to have been illegal, and took place between 2009 and 2017

Ronnie Screwvala-led upGrad eyeing M&As in US and Southeast Asia

The international business is so critical that the firm's other co-founder Phalgun Kompalli, has shifted to the US to lead businesses within the brand there

Federal Bank's Q1 net jumps 64% to Rs 601 cr in best-ever quarterly show

Stronger bottomline supported by lower provisions and healthy NII

BigBasket FY22 revenue up 17% to Rs 7,119 cr, loss widens 4x to Rs 813 cr

BigBasket expects GMV to grow 30% to Rs 13,000 cr in FY23 with quick commerce push; will scale up offline stores from 90 to 695 in a year, will double footprint to 70 cities

JSPL net profit at Rs 2,771 crore in June quarter on higher income

During the quarter under review, its total income rose to Rs 13,069.17 crore from Rs 10,643.17 crore a year ago

Airtel completes country's first 5G private network trial at Bosch unit

Trial comes ahead of a 5G spectrum auction this month and amid a battle among telecom and IT companies on spectrum allotment for private networks

Quality standards for gig, shared economy players soon: top govt officials

Indian Bureau of Standards also mulling adoption of ISO benchmarks; need for standardisation also arises from increasing number of complaints received by consumer affairs ministry lately

Can LIC maintain dominant mkt share, improve growth in profitable segments?

If new business premium and margin continue to improve, there can be a decent upside in the stock

Torrent Power to seek shareholders approval for raising Rs 2,000 cr

Company seeks the Members' approval for issuance of NCDs upto an aggregate amount of Rs 2,000 crore, within overall approved borrowing limit of the Company as a Special Resolution, stated AGM notice.

Meta India found exposed to human rights risks due to 3rd party action

The report found that Meta faced criticism and potential reputational risks related to risks of hateful or discriminatory speech by end users.

Happiest Minds buys 2.4 lakh sq ft office space for Rs 101 cr in Bengaluru

IT company Happiest Minds Technologies has purchased a fully built-up ready-to-use commercial property spread over 2.4 lakh square feet in Bengaluru for Rs 101 crore, the company said on Friday.

Gujarat's ceramic tiles hub to take month-long break after production glut

'Leave' in August could be annual feature and will follow Chinese industry taking a break every February

RailRestro expands services to 100 new rly stations, takes total to 450

The food tech startup, which provides meals on trains via online orders 24x7, will now offer regional cuisines to passengers

Captive 5G play: BIF refutes claims on backdoor entry of tech companies

Industry body Broadband India Forum (BIF) on Friday said suggestions that captive networks should bid for spectrum in auctions is "extremely irrational".

NHPC inks two pacts to develop green hydrogen technology in Leh, Kargil

As per the agreement signed for Leh district, NHPC will consider the development of a Pilot Green Hydrogen fuel cell-based Microgrid, including hydrogen production

WhatsApp may soon let you upload voice messages on status updates

Meta-owned messaging platform WhatsApp is working on a new feature that may allow users to post voice notes on their status updates.

IT spending in India to reach $112 bn in 2022 amid global uncertainties

Indian IT spend is expected to maintain robust 7.7 per cent growth in 2022 as compared to 2021 growth rate of 21.2 per cent

Adani Ports to boost trade lanes with joint Haifa Port acquisition

After a two-year tender process, Adani Ports and local chemicals and logistics group Gadot clinched the 4.1 billion shekel ($1.18 billion) winning bid for Haifa Port

Fintech giant Stripe lowers valuation by 28% amid economic meltdown

Leading fintech company Stripe has reportedly taken a huge 28 per cent valuation cut amid tough global macroeconomic conditions that have hit nearly all the sectors very hard as recession fears loom

India ad market to expand by 16% in 2022, become fastest growing: Report

The digital ad space is estimated to grow twice as fast as ad spending through television