Page 2141 - Company News

Automaker Stellantis reaps $15-billion profit in 1st year of merger

Automaker Stellantis said Wednesday that it made 13.4 billion euros (USD 15.2 billion) in its first year after it was formed from the merger of Fiat Chrysler Automobiles and PSA Group.

UK's Vodafone to sell partial stake in Indus; to infuse proceeds in Vi

Vodafone has launched an initial sale of 63.6 million Indus shares through an accelerated book building offering and said it was in talks with various parties regarding the sale of its remaining share

Top headlines: Amazon, Future asked to approach NCLAT; ED arrests Malik

Business Standard brings you the top headlines on Wednesday

Indiamart Intermesh to acquire 26% stake in IB Monotaro for Rs 104.2 cr

B2B e-commerce Indiamart Intermesh will acquire 26 per cent stake in industrial e-commerce firm IB Monotaro for Rs 104.2 crore, the company said in a regulatory filing.

Airtel CEO bats for giving out E-band backhaul spectrum with 5G frequencies

Bharti Airtel CEO Gopal Vittal on Wednesday made a strong pitch for giving out E-band backhaul spectrum with 5G radiowaves

Reddit-owned Tiktok rival Dubmash dies a silent death

Popular online discussion platform Reddit, which acquired short-form video social platform Dubsmash late last year, has finally shut down the platform.

India could export $500-bn green energy over 20 years: Mukesh Ambani

RIL chairman said technological progress will make energy affordable on the basis of commercial viability.

Maruti Suzuki drives in new Baleno: Price, other details here

The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday launched the all new version of its premium hatchback Baleno priced between Rs 6.35-9.49 lakh (ex-showroom).

Barclays boosts investor payouts after record annual profit in 2021

Bonus pool rises 23% as performance improves; ex-CEO Staley's bonuses frozen pending Epstein dispute

Sachin Tendulkar to teach cricket online on edtech platform Unacademy

Edtech unicorn announces the launch of 'Unacademy Icons' to provide a structured curriculum taught by industry icons

BharatPe saga: Allegations fly thick and fast as firm fires Madhuri Jain

Founder & MD Ashneer Grover has filed an emergency plea in SIAC to stop a probe into alleged financial mismanagement in the company.

Coca-Cola ropes in Shah Rukh Khan as brand ambassador for Thums Up

Beverage major Coca-Cola has signed Bollywood heartthrob Shah Rukh Khan as the brand ambassador for Thums Up.

SC asks Amazon, Future to urge NCLAT to decide on plea against CCI order

The bench deferred the hearing after brief arguments on being told that the NCLAT is hearing another appeal of Amazon related to the merger deal

Rio Tinto's record 2021 profit masks challenges to growth outlook

Rio Tinto Group posted record profit for 2021 on strong demand for iron ore from China

Fitch affirms Power Grid Corporation's 'BBB-' rating, outlook 'negative'

The Fitch ratings on Power Grid Corporation of India Ltd are constrained by the credit profile of the India sovereign (BBB-/negative), which owns 51.34 per cent of the company

Zee approaches NCLT for dismissal of IndusInd bank's insolvency plea

IndusInd Bank had moved NCLT claiming default of Rs 83.08 crore against the media & entertainment firm.

Virgin Hyperloop fires nearly half of its workforce, to focus on cargo

US-based Virgin Hyperloop, which had expansion plans for the Indian market, has reportedly laid off nearly half of its staff.

A break below 16,300 could see the Nifty fall till 15,000 level

Indian equities may remain under pressure even if the geopolitical and energy crisis ends

Multiple triggers support long-term outlook for Bharat Forge

In the near term, supply challenges and cost pressures to impact margins

Workers start Supertech twin residential towers' demolition in Noida

The Edifice Agency has deployed a team of about 200 workers and engineers to demolish the walls of the 40-storey twin towers