Page 1936 - Company News

Ola Electric unveils lithium-ion cell, to begin mass production by 2023

Ola Electric on Tuesday unveiled an indigenously developed lithium-ion cell -- NMC 2170 -- and the company will begin the mass production of its cell from its upcoming Gigafactory by 2023

"Shift blame to flawed Indian system": How Uber reacted to 2014 rape case

When an Uber cab driver raped a 25-year-old passenger in Delhi in 2014, the company's first response was to "shift blame to flawed Indian background checks"

Airports, roads, ports and now 5G: Adani group's expansion rolls on

The Adani group's foray into the 5G space comes on the back of a massive expansion spree

SpiceJet denies fraud complaint against Chairman Ajay Singh, calls it bogus

SpiceJet on Tuesday said the complaint of alleged fraud filed by an individual against airline's Chairman Ajay Singh was "completely bogus" and a defamation suit will be filed against the complainant

Cricket rights: Indian broadcasters concerned about ICC's auction process

This comes as the governing body of world cricket is auctioning Indian media rights separately from global media rights as India is the largest market for cricket

What does Adani's 5G spectrum bid mean for the likes of Jio and Airtel?

Gautam Adani is foraying into the telecom sector. His group will take part in the 5G auction to set up private network solutions. How will the Group's decision impact players like Jio and Airtel?

Farm to Fork: Food firms wait for commodity prices to cool further

The second of a four-part series focuses on how food companies are yet to pass on the benefit of the decline in input prices to consumers

Glance user base grows by 30% YoY to reach 183 million in Q1 2022

Inmobi's Glance, which is present in India, Indonesia and parts of Southeast Asia, is focussing heavily on expansion in existing as well as new markets

Unacademy's lessons on frugality: Pay cut for founders, no biz class travel

Founders have already taken salary cuts and this would be applied to the management as well

L&T Construction bags orders to build data centres in Mumbai, Navi Mumbai

Larsen & Toubro (L&T) on Monday said it has bagged significant contracts to build data centres of capacities totalling 10.8 MW at Mumbai and Navi Mumbai.

Byju's struggles to close $800-mn funding as investors balk amid tech rout

Investors including Sumeru Ventures and little-known firm Oxshott haven't transferred about $250 million of the targeted amount because of 'macroeconomic reasons'

Loan disbursements for Paytm up nine-fold to over Rs 5,550 crore

The number of loans disbursed through our platform grew 492% y-o-y to 8.5 million loans in the quarter ending June 2022, while the value of loans disbursed grew 779% y-o-y to Rs 5,554 crore ($703 mn)

Ten years on, ex-Kingfisher Airline employees wait for their dues

The Supreme Court has awarded a four-month sentence to the grounded airline's flamboyant owner Vijay Mallya in a contempt case

Big Tech games system many times: Chandrasekhar after Uber Files report

Chandrashekhar added that innovation would grow along with a citizen's right to open a trusted and accountable Internet under the Modi government.

Coal India's capex rises 65% to Rs 3,034 crore in June quater of FY23

Coal India's capital expenditure was Rs 1,841 crore in April-June period of last financial year

Mercedes-Benz in top gear, sees the highest ever June quarter sales

Mercedes-Benz deliveries in the first half of 2022 also increased at a rapid pace, increasing 56 percent to 7,573 units between January and June.

Rajasthan's Neemrana town turning into a hub for Japanese industries

So far, more than 50 Japanese companies, including Daikin, Nissin Brake, Mytex Polymer and Nippon Pipe, among others, have invested over Rs 6,000 crore in the zone

Senco Gold, DCX Systems, HMA Agro Industries get Sebi's nod to float IPOs

Jewellery retail player Senco Gold Ltd, electronic sub-systems and cable harnesses maker DCX Systems and frozen meat exporter HMA Agro Industries have received Sebi's nod to raise funds through IPOs.

Telcos may feel heat of Adani Group's entry into 5G spectrum auctions

Airtel stock fell over 5%, while RIL closed 1.3% higher after being down for most of the day

Frontier Airlines asks Spirit to delay vote as cracks emerge in deal

Frontier Airlines, facing likely defeat in its bid to merge with Spirit Airlines, is asking for another delay in a shareholder vote on the deal.