Page 2313 - Company News

Domestic two-wheeler sales second lowest in 7 years, shows data

Likely to end year with 3-6% YoY decline: CRISIL estimates

Fundraising to conclude in current fiscal, says Vodafone Idea

CEO indicates a tariff hike may happen soon

PwC to assist Snapdeal with its environment, social & governance programmes

As part of the engagement, PwC would assist Snapdeal to define the overall ESG vision

Airtel panel to sharpen focus on environmental, sustainability & governance

Manish Kejriwal will be the chairman of the committee

Currently investigating use of platform for sourcing marijuana, says Amazon

E-commerce major Amazon India on Monday said it is currently investigating an issue, wherein its platform was allegedly used to source marijuana.

Ride-hailing app Ola's General Counsel Sandeep Chowdhury quits

Chowdhury had joined Ola from Nuvoco Vistas Corp Ltd

E-commerce firm Cloudtail's revenue grows 46% to Rs 16,639 cr in FY21

The firm's net profit was up 171% YoY to Rs 183 crore

Hindalco Industries cuts FY22 capex to Rs 2,400 cr on Covid-19 impact

Company sees strong demand from packaging, industrial, transportation sectors

Near-term volume, margin headwinds for Motherson Sumi

Supply disruptions have led to downward revision of earnings estimates for FY22

CAMS reports consolidated net profit at Rs 72.55 crore in Sept quarter

The company has reported a consolidated profit for the quarter ending September 30, 2021

Trai invites views on framework to set up satellite gateway in India

Trai has invited stakeholders' views to explore framework for setting up satellite gateways in India -- demand for which is rising due to the development of satellites in low and medium orbits

EMudhra files draft papers with Sebi to raise funds through IPO

The company has filed preliminary papers with Sebi

CCI approves Blackstone Group entity's 71.25% stake buy in ASK Investment

The Competition Commission of India on Monday approved the acquisition

HCC-KEC International bags Rs 1,309 cr order from Chennai Metro Rail

The contract is for the construction of 11.61 kilometres of elevated viaduct section and eleven elevated stations

Ashok Leyland working on commercial vehicles powered by hydrogen

A team is currently engaged in developing hydrogen-powered commercial vehicles, an official said

Samsung invests record $13.4 billion in R&D through the 3rd quarter: Report

Samsung Electronics's research and development spending hit a record high in the first nine months of the year, its report showed

Airbus receives order for 111 planes from Air Lease Corporation

Airbus announced on Monday that it has received an order from the Air Lease Corporation for 111 new aircraft.

Ashok Leyland seeks investors for EV arm; sets sight on used-vehicle biz

In the EV space, the firm plans to invest $150-200 million over five years and come out with its first electric light commercial vehicle in India by December end

Logistics services provider Rivigo names Rohan Mittal CFO effective Nov 15

Mittal brings 15 years of core logistics and infra experience in M&A, digital and business transformation and P&L leadership; was earlier with Gati and AllCargo

ONGC sells January-loading Russian Sokol crude at 22-mth high premium

Indian explorer ONGC Videsh has sold a cargo of Russian Sokol crude for loading in January at the highest premium in 22 months on robust demand in Asia, trade sources said on Monday