Page 2308 - Company News

Boeing's 737 Max scandal turns into success as Indian airlines order jets

Mumbai-based startup Akasa Air announced an order Tuesday for 72 of the jets at the Dubai Airshow, a deal worth $9 billion at list prices.

Grammarly raises fresh capital fund at a valuation of $13 billion

Grammarly uses machine learning to assist not only with basic writing, but also spell-check, grammar, tone of language and context.

Smooth flight or turbulence ahead for India's airlines?

The aviation sector in India is building up momentum. But after being battered by two waves of Covid-19, is the sector headed for clear skies? Or is there more turbulence ahead? Let's find the answer

Under pressure, Apple allows self-repairs to iPhones and Mac computers

The company said Wednesday that it will enable users of two of the newest iPhone models and eventually some Mac computers to get access to genuine Apple parts and tools for consumer repairs.

China Evergrande sells its entire stake in HengTen Networks for $273 mn

China Evergrande Group said its unit will sell its entire share stake in HengTen Network Holdings for HK$2.13 billion ($273.47 million)

Cisco forecast below expectations amid supply chain snags, shares fall

Cisco Systems Inc forecast current-quarter revenue below expectations as supply chain shortages and delays drive up costs

Paytm founder Vijay Sharma goes from 'ineligible bachelor' to billionaire

'My dream is to take the Paytm flag to San Francisco, New York, London,' says businessman estimated to be worth $2.4 billion.

Money laundering case: ED conducts raids against Supertech group

The Enforcement Directorate conducted raids at multiple premises of real estate group Supertech in connection with a money laundering investigation, officials said.

Trifecta Capital raises second venture fund in a year with $100-mn corpus

Trifecta Capital has committed Rs 3,500 crore in venture debt and equity investments across more than 85 start-ups till date

Sabeer Bhatia back in business with 'social video platform' for job seekers

Hotmail co-founder launches ShowReel, a purpose-driven social video platform that will match job seekers with companies looking for talent

Akasa Air inks $4.5-bn pact to buy CFM engines for its Boeing planes

CFM LEAP-1B engines will power the airline's recently acquired Boeing 737 MAX airplanes

NRL's capacity expansion cost escalates by Rs 5,432 crore

The company had started the expansion project in 2019 by announcing the single-largest investment in the northeast and aimed at completing the works in four years by around 2023

In a first, Apple to sell spare parts for iPhones, Mac computers

The self-service repair program comes after years of pressure from consumer groups

Domestic airlines look to revive zero bag fares in order to grow traffic

In India, airlines are required to provide 15 kg of check-in bags free

Covid enhanced diversity, inclusion initiatives of businesses: Intel study

Indian business leaders are confident in their trajectory to achieving DE&I goals

Vedanta mulls value-unlocking through separate listing of businesses

The board has also appointed various advisors to assist in evaluating the options, said the filing

SpiceJet, Boeing settle claims for 737 MAX's return to service

Besides cash, the Indian carrier to get two freighters as part of the deal

Latest price hike surprising, but may not dent Asian Paints market share

Smaller players have already taken hikes and are more impacted from supply disruption

Metals & mining companies report record earnings in H1 of FY22

Net profit rises to Rs 82,500 crore; accounts for 20% of India Inc's combined net profit

Grofers plans to open 150 more dark stores by December for quick commerce

E-commerce firm Grofers plans to open 150 dark stores by December, taking the total count to 350, for quick commerce to deliver orders in about 10 minutes, the company's co-founder said Wednesday.