Page 2154 - Company News

Ex-Goldman Sachs banker testifies 1MDB scheme a 'house of cards'

A former top banker at Goldman Sachs testified that he and other corrupt executives at the firm built a house of cards that was doomed to fall to try to conceal an audacious scheme

Govt to initiate investor outreach for IDBI Bank sale from Feb 25

The roadshows for the strategic disinvestment of IDBI Bank will be held virtually as investors are not keen on physical meetings due to pandemic fears.

BioNTech unveils new mobile vaccine factories for developing world

Germany's BioNTech has developed a vaccine factory made from shipping containers that it plans to ship to Africa

VIL demonstrates 5G 'Voice over New Radio' capability during trials

Vodafone Idea Ltd said it has successfully demonstrated 5G Voice over New Radio (VoNR) capability with its technology partner Nokia, during the 5G trials currently underway in Gandhinagar, Gujarat.

IndiGo to seek shareholders' nod for Rahul Bhatia's appointment as MD

InterGlobe Aviation will seek shareholders' approval for appointment of co-founder Rahul Bhatia as the Managing Director

Companies must pursue innovation, focus on becoming sustainable: Wipro CEO

Companies must put efforts to innovate and reinvent their approach while focusing on becoming more efficient, sustainable, and responsible in this decade of technology, says Thierry Delaporte.

Wipro signs a 5-yr $150-mn strategic engagement deal with ABB Info System

ABB is a leading global technology company that energises the transformation of society and industry to achieve a more productive, sustainable future

Regional airline TruJet says talks on with investor after grounding flights

TruJet says it is in final stage of discussion with a potential investor who is funding $25 mn within next few days

Cyient partners with IIT-Hyderabad for 5G networks research collaboration

As part of the collaboration, Cyient will leverage a 5G core developed by IIT-Hyderabad for testing various digital use cases and interoperability with components

Uber to allow riders see ratings they receive from drivers

In a first, ride-hailing major Uber on Wednesday said the riders can now see how many five-star ratings -- including the shameful one-star reviews -- they've racked up from drivers.

Apple to reportedly launch iMac Pro with M1 chip, Mini-LED display

The base model of the iMac Pro will feature 16GB of RAM and 512GB of storage, which can be upgraded to a much more capable configuration

Tata group committed to making Air India world class: N Chandrasekaran

Chandrasekaran said the TATA group will focus on customer service, upgrade fleet, invest in new aircraft and expand the network to achieve its goals towards making Air India successful.

Now, you can use Paytm payments options to tip creators on Twitter in India

The payment feature will be available in multiple Indian languages including Bengali, Gujarati, Hindi, Kannada, Marathi, Tamil

Dun & Bradstreet India Business Optimism Index down 5% QoQ in Jan-March qtr

Four out of six optimism indices have registered a decline as compared to Q4 of calendar year 2021

Vistara gradually restoring certain services to pre-Covid levels

The airline also plans to improve its inflight entertainment offerings across its domestic and international network by introducing a wider variety of content, Vistara said in a statement

LIC sits on over Rs 21,500-cr unclaimed funds, shows DRHP

State-owned insurance behemoth LIC had unclaimed funds to the tune of Rs 21,539 crore as of September 2021, according to draft prospectus filed for IPO with market regulator Sebi

Top headlines: India Inc coffers swell; Sebi eases rules on top exec roles

The ambition of turning into a $350-billion industry by 2026 appears to be achievable for the Indian IT sector. More on that story in top headlines.

Jubilant Pharma: Fitch revises outlook to 'negative'; affirms 'BB' rating

Fitch estimates the pharma company's EBITDA to drop significantly in FY23 due to lower volume and narrowing of the margin to 11%

Loan fraud hits Indiabulls' fintech arm, fraudsters use PAN numbers

On Tuesday, many users took to social media to complain that their credit reports reflected loans taken by them from IVL Finance Ltd which later became Indiabulls Consumer Finance.

Dunzo pulls out all stops to be No.1 in quick commerce; bets on automation

Automation, Reliance deal to help it expand faster