Page 2302 - Company News

A better balance sheet, green plans behind RIL's change of tack for oil biz

RIL and Saudi Aramco signed a non-binding letter of intent in August 2019 for a potential 20 per cent stake acquisition by Saudi Aramco in the O2C business of Reliance.

Govt orders airlines, ground handlers to use energy efficient equipment

While the companies have welcomed the ministry's green initiative, they said that the deadline of May 2022 for implementation is tight

A controversial call: What does 5G spectrum auction delay mean for India?

Industry arguments over allocations and auctions for satellite airwaves have ended up delaying the launch of 5G

Paytm's GMV up 131% to $11.2 billion in Oct as festive-time spends rise

The company, in a disclosure to the exchanges, said that the growth was driven by the festive season and an increase in number of merchants and consumers

Big four professional services firms see big growth post Covid-19

Tech adoption by businesses, rise of unicorns, M&A activity drive gains

SBI, NPCI, NSE likely promoters of 'open' e-platform for retailers

Network aims to curb digital monopolies

Inflation heat: Consumer goods firms' share in India Inc profit drops

Their net profits down 26 per cent in H1FY22 over H2FY21 owing to higher input costs

Demand rise and market share gain boost Pidilite's growth

The company posted a 40 per cent YoY growth in revenues at Rs2,626 crore

Insurtech firm RenewBuy plans to come up with IPO in 2 years says CEO

Insurtech company RenewBuy is planning to come up with its IPO in about two years from now, banking on healthy growth of business and a strong pedigree, its CEO and co-founder Balachander Sekhar said.

ONGC union protests Centre's proposal to give away Mumbai High fields

The petroleum ministry's proposal to give away ONGC's biggest oil and gas fields to foreign companies has met with strong resistance from the officers union of the company

Tata Technologies expects to clock nearly $500 mn revenue this fiscal

Tata Technologies expects to clock close to half a billion dollars in revenue this fiscal, riding on accelerated growth from electric mobility across the globe

Apple, in break from secrecy, tells staff they have right to discuss wages

Apple's business conduct policy already included language stating that workers were not restricted in their ability to discuss wages and working conditions.

Every country must worry about data sovereignty, says IBM Chairman Krishna

Eager to help India develop the workforce that it needs for a digital revolution, IBM is betting big on small towns for its R&D centres

IRB Infra shareholders pass resolution for Rs 5,347-cr capital inflow

Overall 95% of the votes casted have been in favour of the resolution

Ola rolls out test rides for its electric scooters across India

Test rides to be available across 1,000+ cities and towns acros India

West Elm enters India, launches 2 stores in tie-up with Reliance Brands

Established in 2007, Reliance Brands works with global brands in the luxury to premium segment across fashion and lifestyle

Ola Electric expands test rides of e-scooters across India

With this expansion, customers in over 1,000 cities and towns will be able to test ride and experience the Ola S1 electric scooter

Zydus Cadila gets USFDA nod to market generic cancer drug in US

The drug will be manufactured at the group's injectables manufacturing facility

A better balancesheet, green plans behind RIL's change of tack for oil biz

RIL now plans to take in partners in its new energy and specialty chemical businesses which means its subsidiaries will take different directions based on their requirement for technology tie-ups

Apple, Google to face up to 2% fine for in-app payment systems in S Korea

App store operators will face a fine of up to two per cent for forcing developers to use their own in-app payment systems in South Korea