Page 2120 - Company News

Adversely impacted by ATF price hike; should bring it under GST: IndiGo CEO

The government should bring aviation turbine fuel (ATF) under the Goods and Services Tax (GST) and make flying affordable for consumers and viable for airlines: IndiGo CEO Ronojoy Dutta

Shipskart raises Rs 20.5 crore from Trail Mix Ventures, others

Tradeworks.vc, Motion Ventures and Eternia Investments also participated in the funding round.

Nitin Gadkari launches green hydrogen-based fuel cell EV Toyota Mirai

Union Minister Nitin Gadkari on Wednesday launched green hydrogen-based advanced fuel cell electric vehicle (FCEV), Toyota Mirai

Confident of getting EUA for use of Corbevax in 5-12 years: Biological E

Biological E Ltd on Wednesday expressed confidence over getting emergency use authorisation for use of its Corbevax anti-COVID vaccine in children in the age group of 5-12 years.

Top headlines: Sensex rallies 1k pts ahead of Fed meet; Mann new Punjab CM

Business Standard brings you the top headlines on Wednesday

Adani adds $49 bn wealth in 2021, higher than Jeff Bezos, Elon Musk

Gautam Adani, India's and Asia's second-richest person, added USD 49 billion to his wealth last year

Ola Electric brings former LG Chem Power CEO Prabhakar Patil onto its board

The company is now scouting the globe for opportunities to invest strategically into firms focused on advanced cell chemistry research and other battery tech

To cash in on IPL success, India Cements launches two Super King brands

Halo Super King cement will be sold Rs 25 higher than the company's existing brand

Launched in 2019, Flipkart Axis Bank Credit Card surpasses 2 mn users

The card covers 18,000-plus pin codes, with nearly a million cards issued in under a year owing to the increase in online adoption and digital transactions

Future Retail says will act to reverse store takeovers by Reliance

Since the last week of February 2022, Reliance Group has unilaterally terminated the leases and forcefully taken over control of hundreds of Future Retail's stores, said FRL on Wednesday

BPCL delays 25-day crude unit maintenance shutdown to May: Report

BPCL has deferred a maintenance shutdown of a crude unit at a 240,000 barrels per day Mumbai refinery to May as its seeks to gain from strong fuel cracks

Amazon's battle with Reliance for India retail supremacy: 5 things to know

Amazon and Future agreed to out-of-court settlement discussions this month, but the two sides told India's Supreme Court on March 15 they had failed to resolve the matter

Amazon Academy starts JEE, NEET courses for aspiring engineers, doctors

As part of these packs, the students will get a total of 360+ hours of live lectures across key subjects on Amazon Academy.

Launched in 2019, Flipkart Axis Bank Credit Card surpasses 2 mn users

The card covers 18,000-plus pin codes, with nearly a million cards issued in under a year owing to the increase in online adoption and digital transactions

Mobile game developer LILA Games raises $10mn in series A funding round

LILA Games will use the investment to develop their first title and to further build out their Bangalore, India based team

S'pore Exchange selects TCS as strategic partner for NSE IFCS-SGX Connect

SGX selected TCS BaNCS for its multi-broker, low latency capabilities, to serve as the end-to-end solution for its trading, clearing, settlement and risk management ops

India-based investors 2nd to provide fintech investments in APAC in 2021

India-based investors were a distant second in providing funding to fintech in Asia-Pacific after the US in 2021, a report said

AirAsia announces reduced excess baggage charges for domestic flights

AirAsia India on Tuesday announced reduced excess baggage charges for passengers travelling on its domestic flights and are scheduled to take connecting international flights.

KYC challenge for financial institutions

Months after Paytm IPO shook investors' confidence, a recent audit shook RBI's trust in its implementation of 'know your customer' norms. But are all financial institutions adhering to these norms?

Bad news for Amazon as Ambani's RIL seizes the future of retail in India

In the end, Mukesh Ambani settled the dispute over who gets to own the assets of beleaguered Future Retail not in an arbitration tribunal in Singapore, or in a Delhi courtroom, but in a shopping aisle