Page 2195 - Company News
Go First airline's official Twitter handle hacked, says report
A company spokesperson said that the concerned teams are investigating the matter
 "Go First airline's official Twitter handle hacked, says report")
Shriram Transport Finance Q3 net down 6.47% to Rs 680.62 crore
Non-bank financing company Shriram Transport Finance Company (STFC) on Monday reported a 6.47 per cent decline in standalone profit after tax at Rs 680.62 crore in the quarter ended December 2021
 "Shriram Transport Finance Q3 net down 6.47% to Rs 680.62 crore")
Meesho to hire over 450 people this year to scale technology team
Digital commerce platform Meesho said it aims to onboard more than 450 people this year to strengthen its technology team.
 "Meesho to hire over 450 people this year to scale technology team")
PC, laptop demand on the rise but chip shortage a cause of concern, says HP
The massive 50% surge comes from additional requirements for online learning and WFH; however, demand outstrips actual growth due to chip crunch
 "PC, laptop demand on the rise but chip shortage a cause of concern, says HP")
Advent buys controlling stake in deal valuing Avra Labs at $100 million
Global private equity fund Advent International said it will be acquiring a controlling stake in pharma sector-focused Avra Laboratories
 "Advent buys controlling stake in deal valuing Avra Labs at $100 million")
Quick Heal net profit grows 6% to Rs 14 crore in December quarter
Quick Heal Technologies said its consolidated net profit grew 6.1 per cent to Rs 14.3 crore in December quarter 2021.
K Hospitality executes expansion in India and outside amid Omicron wave
Plans to double number of restaurant outlets to 1,000 in next five years; will take Copper Chimney, Bombay Brasserie brands to Gulf markets via franchise route
 "K Hospitality executes expansion in India and outside amid Omicron wave")
Cera Sanitaryware Q3 consolidated net profit up 46% at Rs 45 crore
The company had logged a net profit of Rs 30.68 crore in the year-ago period
 "Cera Sanitaryware Q3 consolidated net profit up 46% at Rs 45 crore")
Apollo Hospitals, Cleveland Clinic tie up for global second opinion service
Under this programme, Apollo's doctors will be able to collaborate with top medical experts at Cleveland Clinic to review complex cases and devise the most suitable treatment plan
 "Apollo Hospitals, Cleveland Clinic tie up for global second opinion service")
Adani Wilmar to use Rs 450 cr from IPO proceeds to tap inorganic growth
FMCG major Adani Wilmar has set aside Rs 450 crore from the share sale that opens later this week, to tap more acquisition-led growth opportunities primarily in its non-edible oils business.
 "Adani Wilmar to use Rs 450 cr from IPO proceeds to tap inorganic growth")
Reliance Industries shares tumble 4%; mcap tanks by Rs 68,404 crore
Shares of Reliance Industries Ltd on Monday declined 4 per cent amid profit-taking in line with an overall weak trend in the equity market.
 "Reliance Industries shares tumble 4%; mcap tanks by Rs 68,404 crore")
Top headlines: Swiggy becomes decacorn; Axis Bank's Q3 net profit surges
Business Standard brings you the top headlines on Monday
 "Top headlines: Swiggy becomes decacorn; Axis Bank's Q3 net profit surges")
Flipkart Grocery expands its service to 1,800 cities across the country
Move seen helping Walmart-owned Flipkart take on rivals Amazon, Reliance's JioMart and Tata-backed BigBasket to tap grocery market which is expected to be worth $850 bn by 2025
 "Flipkart Grocery expands its service to 1,800 cities across the country")
Reliance Industries expects bumper profits from global gas crunch
The conglomerate expects India in April to raise the price cap for its offshore gas sales by nearly 60% to around $10 per million British thermal units
 "Reliance Industries expects bumper profits from global gas crunch")
Chennai-based Data Patterns wins Rs 27 cr DRDO order for e-warfare units
The order is for a new programme that will allow next-generation wideband EW receivers to be configured for naval, land and aerial platforms
 "Chennai-based Data Patterns wins Rs 27 cr DRDO order for e-warfare units")
Subsidies, tax rebates critical for faster adoption of EVs: Ather Energy
Hero MotoCorp-backed electric two-wheeler maker Ather Energy on Monday said subsidies and tax rebates under the FAME II policy are extremely important to push for faster adoption of electric vehicles.
 "Subsidies, tax rebates critical for faster adoption of EVs: Ather Energy")
Swiggy raises $700 mn in new funding round led by Invesco
The funding round saw participation from new investors such as Baron Capital Group, Kotak, among others.
 "Swiggy raises $700 mn in new funding round led by Invesco")
Apple to no longer include EarPods with iPhones sold in France
Apple will no longer include EarPods with every iPhone sold in France.
 "Apple to no longer include EarPods with iPhones sold in France")
Blue-collar jobs platform Qjobs gets 2 mn job applications in a year
Company says it added the latest 1 million job seekers in a record time of 100 days
 "Blue-collar jobs platform Qjobs gets 2 mn job applications in a year")
SC asks DMRC, Reliance Infra's DAMEPL to appear before Delhi HC on Jan 31
This is in connection to the dispute relating to execution of the over Rs 4,600 crore arbitral award to DAMEPL
 "SC asks DMRC, Reliance Infra's DAMEPL to appear before Delhi HC on Jan 31")