Page 2060 - Company News

Amazon says anyone aiding FRL shareholders meeting is party to fraud

In a 16-page letter to Kishore Biyani, his daughter Ashni and other promoters, Amazon has said such meetings violate Singapore tribunal's injunction on sale of retail assets to RIL

Impressive start: Super app 'Tata Neu' is a superhit among customers

Tata Neu's ranking slipped slightly over the past two days to Number 5 - behind Meesho, Flipkart's social commerce platform Shopsy

Govt's mandatory airbag proposal to hurt car sales: Maruti Suzuki chairman

India's road transport ministry is firm on its plan and is pushing automakers to agree to the rules, two sources told Reuters

Attrition continues to hound IT bellwethers 5-6 quarters down the line

Though companies are saying they are managing supply side constraints by hiring more freshers and by subcontracting, exits is clearly impacting margins and profitability

Hero Electric to offer device with 3 alarms to prevent fire in e-scooters

EV lobby head says govt cannot enforce recall and instead tighten standards

NPCI eases cap on WhatsApp payments service to expand to 100 mn users

Regulator granted WhatsApp approval in November 2020 to go live on UPI in the multi-bank model in a graded manner.

Why Westlife could outperform Jubilant FoodWorks in the near term

All QSR majors, however, will face margin pressures given rise in food prices, analysts say

Hariom Pipe surges 50% on debut, ends at Rs 231 vs offer price of Rs 153

The Harini Pipe stock was locked in the 5 per cent upper circuit on both exchanges

Tata Motors may see major re-rating amid apparent recovery in CV biz

Strong rebound likely over the next two years could boost sentiment

Adani Green becomes 8th most valued firm; overtakes Bajaj Finance, HDFC

Shares of the company jumped 2.70% to settle at Rs 2,864.75 on BSE

Plastic ban looming, FMCG firms consider importing paper straws

Nestle has already made the switch; Dabur, Amul, Parle weigh options

Indiabulls Real Estate raises Rs 865 crore from institutional investors

The Mumbai-based firm had launched its QIP (Qualified Institutional Placement) issue on March 7 and closed it on April 12

Mercedes-Benz opens booking for new version of C-Class in India

The booking amount for the new C-Class is Rs 50,000 with bookings to open first for the C200 and C300d variants, followed by the C220d variant, the company said

CBI books textile major S Kumars in Rs 1,245 crore loan fraud case

CBI Spokesperson RC Joshi said the company was engaged in the business of manufacturing high-value fine cotton fabrics and home textiles

Ukraine crisis: Infosys to move business out of Russia

The company does not do any business with Russian clients today and has no plans of doing so going ahead as well, says CEO Salil Parekh

RR Kabel acquires Luminous' home electrical business, plans IPO in Q4 2023

Luminous' HEB consists of fans and lights and would help RR Kabel enter into the premium segment of this category

Amazon warns FRL against holding meetings to approve Reliance deal

In a 16-page letter to Kishore Biyani and other promoters on April 12, the US e-commerce giant said such meetings are illegal

Top headlines: Infosys Q4 net rises 12%; PV sales dip nearly 4% in March

Infosys' revenue grew 22.7 per cent to Rs 32,276 crore in the quarter from Rs 26,311 crore in the year-ago period

BPCL to invest Rs 200 cr to set up 100 fast EV charging corridors

The company has recently opened its first EV charging corridor along the Chennai-Trichi-Madurai highway with one charging unit

Passenger vehicle sales dip nearly 4% in March: SIAM data

Passenger vehicle (PV) dispatches from factories to dealerships in March 2021 stood at 2,90,939 units