Page 2274 - Company News

Olympics to vaccination: Google India releases top search trends of 2021

Free Fire was the lone gaming entry that made it to the overall trending list, reflecting the massive popularity of the battle royale game

Bhavish Aggarwal-led Ola raises $139 mn, valuation crosses over $7 bn

The new funding comes at a time when Ola's transportation business has been badly hit by the pandemic

MapmyIndia raises Rs 312 cr from anchor investors at Rs 1,033 per share

33% of anchor book allocated to 9 mutual funds through 17 schemes

Strong passenger traffic, improving yields support IndiGo's flight

However, rising crude oil prices could offset top line growth and impact margins

HCL Tech and apoBank to acquire German IT consulting firm gbs for 99k euros

The transaction, worth 99,000 euros, is expected to close in January 2022, subject to closing conditions

Prem Watsa-backed Fairfax Group sells IIFL Finance shares worth Rs 180 cr

Canadian billionaire Prem Watsa-backed Fairfax Group on Wednesday offloaded IIFL Finance shares worth over Rs 180 crore through an open market transaction

IKEA malls business to invest Rs 7,000 cr in India, says top executive

IKEA's malls business said it was building two centres in Gurugram and Noida

IKEA to launch first small-format city store in Mumbai on Thursday

The Swedish furniture giant is set to launch the store at Worli

Cos revamping employee benefit strategy in view of pandemic, says survey

The 2021 Global Benefits Trends Survey are based on responses from a total of 3,642 employers globally, including 137 organisations in India

MG Motor India to drive in electric vehicle at Rs 10-15 lakh by next fiscal

The company which currently sells electric SUV ZS EV will launch an electric crossover vehicle based on a global platform but customised for the Indian market as its next new product

Hero Electric reports retail sales of over 7,000 units in November

The company said it had sold 1,169 units in the corresponding period last year

Alembic gets USFDA nod for generic hypertension treatment drug

Alembic said it has so far received 15 product approvals this year

Jio-bp and Mahindra Group sign MoU for EV and low-carbon solutions

The companies aim to explore creation of solutions on battery swapping technology for electric 3-wheelers

Ease of doing biz, bank sector support will boost telecom industry: Birla

Aditya Birla Group holds over 27 per cent stake in VIL, while Vodafone Plc has more than 44 per cent in the telecom operator

IndiGo signs agreement with CSIR-IIP to make sustainable aviation fuel

The carrier said it desired to be an anchor partner to such institutes and oil refining companies in the future to address the core issue of carbon emissions

Frequent CEO changes reduce cos potential to improve equity premium: Study

Companies that frequently changed chief executive officers (CEO) have reduced potential to improve equity premium, thereby hurting shareholders' long-term returns, according to a study.

Use USO fund to subsidise smartphones, says Mukesh Ambani

As much as 5 per cent of the licence fee paid by telecom operators goes to the Universal Service Obligation (USO) Fund

Airtel inks deal with Juniper Networks to expand broadband network coverage

The firm has plans of covering 30 million households in over 2,000 cities in the next three years

ABB India to deploy next-gen digital tech for power supply in Indore

ABB India on Wednesday said it has partnered with Indore Smart City Development Ltd to deploy next-generation digital technology that enables continuous supply of electricity to homes and businesses.

Regulatory regime needs to be simple to avoid new litigations: Sunil Mittal

Citing the reforms package announced by the government recently, Mittal said it was "lapped up" by the markets and stakeholders of the industry