Page 2166 - Company News

Food delivery giant Swiggy's revenue drops 23% in FY21 to Rs 2,145 crore

The company is strengthening its investment in the broader ecosystem

Mahindra's Q3 net rises over two-fold on strong operational performance

M&M's tractor volumes during the quarter declined to 91,769 units over 100,696 units in the same period a year ago

Zomato net loss narrows 81% to Rs 66 cr in Q3, revenue grows 86%

The firm will invest $400 mn in quick commerce over next two years

ShareChat buys short-video platform MX TakaTak in a likely $700 mn deal

After the cash-and-stock transaction, MX Media and its shareholders will become strategic shareholders of ShareChat

RIL sets its drone biz plan in motion, looks to become a key player

Looks to become a key player by the end of the decade

Recovery in CV cycle, chip supply improvement to support Bosch stock

Margin expansion aided by localisation efforts is another trigger

Study flags 26,134 legal threats to entrepreneurship

More than half these clauses carry a sentence of at le­ast one year, says the report

SC asks Maran, KAL Airways to mull SpiceJet settlement offer on share spat

SpiceJet offers to pay Rs 600 cr cash in the share transfer case with former promoter Kalanithi Maran and his firm KAL Airways for a full and final settlement of all disputes

MX TakaTak to merge with ShareChat's Moj short video platform

Short video platform MX TakaTak will merge with social media firm ShareChat's Moj platform to create a community of 100 million content creators with access to 300 million monthly active users

Soft drink brand Thums Up becomes a billion-dollar brand in 2021

Desi soft drink brand Thums Up has become a billion-dollar brand in 2021, global soft drinks major The Coca-Cola Company, which owns the brand, said.

HC's Division Bench upholds order restraining sale of assets by Williamson

Eveready said in its exchange filing that the company is in the process of taking appropriate action as required, based on advice from its legal counsel

Pandemic impacted business but things are coming back, says Nykaa MD

FSN E-Commerce Ventures Ltd, which runs an online marketplace for beauty Nykaa, expects strong momentum in the business as the impact of pandemic recedes and the situation becomes normal

PepsiCo logs double-digit volume growth in the Indian market in 2021

Global food and beverages major PepsiCo on Thursday reported a double-digit volume growth in the Indian market in 2021.

Adani Ports forays into Bengal maritime sector, to operate berth at Haldia

The Kolkata port authorities officially handed over the letter of award to Gautam Adani controlled APSEZ for mechanisation and upgradation of a berth in Haldia Dock Complex (HDC).

TVS SCS appoints Ravi Viswanathan managing director effective Feb 7

R Dinesh, the fourth-generation TVS Scion, would continue to guide the company in his new role as the Executive Vice Chairman

Bayer revives plan to introduce new GM cotton seeds in India: Report

In late 2016, Monsanto withdrew an application seeking approval from New Delhi for the GM variety Bollgard II Roundup Ready Flex (RRF)

RailTel gets ICAI award for excellence in financial reporting

The award was given by the Institute of Chartered Accountants of India (ICAI), the premier accounting body which has been holding the annual competition for these awards since 1958

India, China power Unilever to report fastest growth in 9 years in 2021

Priority markets of China, India, and the US grew at 14.3 per cent, 13.4 per cent, and 3.7 per cent respectively, said Unilever CEO Alan Jope

Edtech firm Byju's plans to expand its free education programme

Edtech firm Byju's on Thursday said it will expand its free education programme to cover 1 crore students in rural and remote areas of the country by 2025.

Nuvoco Vistas Corp to invest Rs 1,950 crore as part of expansion plans

Cement maker Nuvoco Vistas Corp on Thursday, as part of its expansion plans, announced investment of Rs 1,950 crore, which includes Rs 1,500 for setting up a new project in Gulbarga, Maharashtra.