Page 1957 - Company News

ONDC a fascinating idea; excited about prospects: Amazon India senior exec

'Amazon is looking forward to innovations, which will lift all boats in the ecosystem and bring more buyers and sellers online, as it focuses on serving the next 500 million customers'

Crypto exchange FTX acquiring stake in lending firm BlockFi: Report

Leading crypto change is reportedly acquiring a stake in the beleaguered crypto lending firm BlockFi, as the crypto industry faces meltdown

Trial runs begins on Dwarka Sector 21-IICC metro section, says DMRC

Trial runs have begun on the Dwarka Sector 21-IICC metro section on the Airport Express Line, officials said

ASICS expects 50% of sales from online channel in India in 2-3 years

Japanese sportswear major ASICS expects online channel to account for 50 per cent of its total sales in India in the next two-three years with consumers

North Eastern Coalfields seeks clearances to operationalise 2 Assam mines

Coal India unit North Eastern Coalfields is in the process of seeking clearances for putting into operation two of its mines in Assam in the current financial year

Emaar Group CEO detained at Delhi airport, released after questioning

Emaar Group CEO Amit Jain, who was detained by immigration authorities at Delhi's Indira Gandhi International (IGI) Airport and handed over to Punjab Police, was later released after brief questioning

Infosys gave capital return of over Rs 24,100 cr in FY22, says Nilekani

Board recommends final dividend of Rs 16 per share, which along with interim leads to a total of Rs 31 per share in FY2022.

Infosys gave capital return of over Rs 24,100 cr in FY22: Nandan Nilekani

Global concerns, rising inflation and supply chain disruption present opportunities, says company chairman

Hindustan Copper board to consider raising Rs 500 cr via debentures

The board will also consider raising funds through a qualified institutional placement method, it added.

Future Enterprises defaults on Rs 4.10 crore interest payment for NCDs

Earlier this week, FEL defaulted twice on interest payments of Rs 85.71 lakh and Rs 6.07 crore for its non-convertible debentures.

Toyota and Suzuki take hybrid route to co-develop a mid-sized SUV

Toyota to launch the Hyryder on July 1; Maruti's version is expected in August

Short haul and domestic tours to drive growth, says Thomas Cook India

Thomas Cook's focus on destinations like Bangkok or Bali also coincides with the region's efforts to attract more Indian visitors

Will cross $1-bn revenue run rate by year-end, predicts Ola Electric

The SoftBank-backed electric vehicle firm said it has surpassed Rs 500 crore revenue in its first two months of FY 22-23, and is on track to surpass the $1 billion revenue run rate by end of this year

Intel expands in India, unveils new design and engineering centre

While unveiling chip giant Intel's new facility in India, Rajeev Chandrasekhar said that by 2025, India's digital economy should reach $1 trillion

Tata Capital to raise Rs 20,000 crore as fresh debt, expand retail book

TataNeu helps company to onboard new customer

Total office space leasing in May jumps nearly 3-fold across 7 cities: JLL

The total or gross leasing of office spaces rose 28 per cent from 4.8 million square feet in April 2022 across seven major cities -- Delhi-NCR, Mumbai, Bengaluru, Chennai, Hyderabad, Pune and Kolkata

Jet Airways starts operational hiring, invites former cabin crew to rejoin

Jet Airways began its operational hiring on Friday and asked its former cabin crew members to rejoin the airline

Akasa plans test flight next week; expects commercial start by late-July

Akasa, backed by billionaire Rakesh Jhunjhunwala, will likely receive its air operator's certificate within days of the proving flight

Dr Reddy's Laboratories eyes place among top five domestic pharma players

The US would continue to remain an important geography, but the firm says it hopes to double its revenues from China and grow revenues five-fold in Brazil in the next five years

Zomato board approves acquiring quick commerce firm Blinkit for Rs 4,447 cr

Food aggregator setting sights on big play in quick commerce sector