Page 1988 - Company News

Sony ex-CEO Nobuyuki Idei, who led brand's global growth, dies at 84

Nobuyuki Idei, who led Japan's Sony from 1998 through 2005, steering its growth in the digital and entertainment businesses, has died, the company said

Reopening 'Future' stores a work in progress for Reliance Retail

A source said there was a possibility that Reliance may trim the sizes of some of its stores and may also look at shutting down some locations

HDFC-HDFC Bank merger: Parekh expects fair, judicious regulatory response

Says India could double the size of home loan business to $600 billion in 5 years

Tech industry comfortable with hybrid work model: Nasscom-BCG report

Over 80 percent of the IT companies and GCCs are most likely to adopt a hybrid work model as compared to the rest of the industry segments

REL's ex-chairman Sunil Godhwani arrested for alleged Rs 800-cr fraud

Godhwani, who was already in judicial custody in case registered by Economic Offences Wing of Delhi Police for allegedly misappropriating funds of RFL, was taken on production remand and then arrested

Bain Capital special situations fund earmarks $300 million for India

The PE major has already pumped in over USD 1.2 billion since its entry into the country over a decade ago.

Reliance Jio expands 4G services in Ladakh region near Pangong lake

The telecom operator became the first network to provide 4G mobile connectivity in and around the Pangong area, a popular tourist destination, officials said

SpiceJet extends ESOP scheme to mid-level workers, critical resource staff

The airline's decision to grant ESOP scheme to mid-level employees comes at a time when 2 airlines -- revamped Jet Airways and new carrier Akasa Air are planning to start flight operations this year

Future Group, its promoters 'orchestrated and committed' fraud, says Amazon

Warns of legal action to block sale of FRL assets to Reliance Retail as part of a $3.4-billion deal

Price is the key growth driver of Indian pharma market, shows AWACS data

Market set to grow by 2.5-5% in calendar 2022. could even hit 5% due to a strong seasonal sales such as anti-infectives, and impact of NLEM drugs price hike

India-France DTAA sparks tax row with Saint Gobain, HC orders higher outgo

Court says firm can pay "under protest", subject to final order; dispute could trigger similar rows in tax matters with MNCs, experts warn

Edtech customers face infra, refund issues; 96% seek regulation: Survey

The survey was conducted across 323 districts between April 1 and May 31, 2022 and received 27,000 responses

Gautam Adani faces off against Kumar Mangalam Birla over cement in India

Kumar Mangalam Birla comes from old money, unlike Adani, a first-generation entrepreneur

Hospitality sector in sweet spot but revenue boost eludes five key players

Lower costs, improving occupancies as well as room rents augur well

Neelachal Ispat acquisition crucial for Tata Steel growth path: Official

The company plans to further expand it to 10 million tonnes per annum (MTPA) by around 2030, the official said.

WhatsApp launches SMBSaathi Utsav to help small biz adopt digital mediums

SMBSaathi Utsav has kicked off with a pilot in Jaipur's Johri Bazaar and Bapu Bazaar where over 500 small businesses are being trained on various aspects of running business online

Meesho eyes 1.2 bn shipments by next year using third-party logistics

SoftBank-backed internet commerce firm aims to become biggest contributor in its space in terms of shipments through 3PL players

Boehringer Ingelheim obtains ad-interim injunctions on 4 Indian pharma cos

The firms had launched generic versions of Boehringer's patent-protected drug Linagliptin, which is marketed under the brand name Trajenta

Centrum Broking gives 'buy' call for IndiGo with target price of Rs 2,284

IndiGo continues to consolidate its domestic leadership position and is making a major push towards international markets through codeshares

Top headlines: Physics Wallah becomes unicorn; I-T portal develops snag

The Income Tax Department's new-look tax return filing portal, developed by Infosys, again developed snags on Tuesday - a day that marked the first anniversary of its unveiling.