Page 2216 - Company News

Realty firm Kolte-Patil Q3 sales bookings jump 77% to Rs 561 cr

Pune-based Kolte-Patil Developers Ltd on Wednesday reported a 77 per cent jump in its sales bookings to Rs 561 crore for the quarter ended December.

Infosys working very closely with I-T Dept on tax portal: Salil Parekh

Infosys CEO Salil Parekh on Wednesday said the company is working closely with the Income Tax Department on the next set of areas related to the I-T portal as new modules will be added to it.

Rooter raises $25 million from Lightbox, March Gaming and others

According to a report issued by RedSeer and Lumikai, India is expected to be home to 700 million gamers by 2025

Wipro expects to hire about 30,000 freshers in next financial year

Wipro on Wednesday said it expects to hire about 30,000 freshers in FY23, as the IT services major strives to ensure that supply is not a constraint in managing the robust demand environment

Aidrivers, Ashok Leyland to develop clean, greener autonomous vehicles

Aidrivers will provide AI-enabled autonomous solutions while Ashok Leyland will provide vehicle platforms; the partners will work to explore target markets and opportunities for cooperation

TCS Q3 net profit rises 12%, announces Rs 18,000-cr share buyback

The company reported revenue for Q3FY22 was at Rs 48,885 cr, up 16.3% YoY and 4.3% QoQ

Mercedes aims for double-digit growth; plans to launch 10 products in 2022

Mercedes-Benz India on Wednesday said it expects to log in double-digit sales growth this year as compared with 2021 as it plans to roll out 10 new products in the market during the period.

CarTrade Tech plans to launch 200 abSure outlets across India in 2 years

Automotive platform CarTrade Tech said on Wednesday it plans to launch over 200 abSure (Absolute Sure) retail outlets, a one-stop tailor-made retail facility, pan-India in the next two years.

Paytm's payments revenue expected to grow 50%-60% in Q4FY22: Sharma

Paytm's revenue from payments, including merchant transfers, is expected to be at around $140 million in the current quarter with a growth of 50-60% on a year-on-year basis

Infosys ups guidance, posts 12% rise in Q3 net to Rs 5,809 cr

In US dollar terms the company's revenue growth was 7 per cent in constant currency basis

RailTel to create 'edge data centres' for digital delivery in rural areas

RailTel has decided to create several "edge data centres" in rural and semi-urban areas to bridge the digital divide in the country and also accelerate the pace of digital transformation.

Bifurcating satellite bands for 5G may cost India $184 bn: SIA-India

The Satcom Industry Association (SIA-India) said on Wednesday that bifurcating satellite bands for the upcoming 5G auction is likely to incur a massive $184.6 billion loss to the country.

Global consumer spending on mobile apps hits $170 billion in 2021

The global consumer spending on mobile apps across iOS, Google Play and third-party Android app stores in China reached $170 billion in 2021

Aditya Birla Fashion collaborates with Germany's GIZ to boost circular biz

Aditya Birla Fashion and Retail Limited (ABFRL) on Wednesday announced collaboration with Germany's GIZ, a move aimed at strengthening circular business practices for the Indian market.

L&T bags two 'mega' offshore orders from overseas client

A consortium led by LTHE, a wholly-owned arm of Larsen & Toubro, has bagged two mega offshore orders from a prestigious overseas client

Simple Energy to deliver maiden e-scooter 'Simple One' from June

Bengaluru-based electric two-wheeler maker Simple Energy on Wednesday said it will start deliveries of its maiden e-scooter 'Simple One' from June

K-Rail: Global agencies including JICA offer support, says Kerala CM

Chief Minister Pinarayi Vijayan has said that various global agencies including Japan International Cooperation Agency (JICA) have already offered financial support to the mammoth initiative.

US judge rejects Facebook's request to dismiss antitrust complaint

In a blow to Facebook, US federal judge ruled that US antitrust officials can continue their case to break up Meta, Facebook's parent company

Nokia, Tech Mahindra partner for 5G-based solutions for enterprises

Finnish telecom gear maker Nokia and Tech Mahindra have joined hands to deploy 5G-based solutions for business organisations, according to a joint statement by the two companies

Reforms helped investor concerns; to continue fundraising plans: VIL CEO

The slew of reforms announced by the government have helped assuage investor concerns in the sector, and Vodafone Idea expects to continue its fundraising plans, VIL CEO Ravinder Takkar said.