Page 2320 - Company News

EIH reports consolidated net loss of Rs 37.46 crore for Sept quarter

The hospitality firm on Friday reported a consolidated net loss

Most employees favour hybrid model of work post pandemic: Survey

A survey has revealed that 73 per cent of employees are in favour of the hybrid model of work across industries.

Paytm's mega $2.5-billion IPO to mint 350 new millionaires in India

About 350 current and ex-employees will each have a net worth of at least Rs 1 crore after Paytm's $2.5 billion IPO, a source in the company told Reuters

NTPC ties up with Indian Oil to collaborate in renewable energy

State-owned power giant NTPC on Friday inked an initial pact with Indian Oil to collaborate in the field of renewable energy.

Auto e-commerce platform Droom files DRHP to raise Rs 3,000 crore in IPO

The offer comprises a fresh issue of aggregating up to Rs 2,000 crore and an offer for sale of up to Rs 1,000 crore

Jio, MediaTek unveil e-sports event with Battlegrounds Mobile India

Telecom giant Jio and chip maker MediaTek have joined hands to launch 'Gaming Masters 2.0, an e-sports event with one of the most popular game titles called Battlegrounds Mobile India

Ruchir Sharma quits Morgan Stanley after 25 years

Sharma joined Morgan Stanley Investment Management in 1996 and is the author of bestsellers including 'Breakout Nations' in 2012

Astra moves to profit from Covid-19 vaccine as earnings fall short

The company will 'progressively' transition to vaccine profitability from the fourth quarter, Astra said

Malaysia's AirAsia X gets creditors' approval for restructuring plan

AirAsia X said on Friday the first of three groups had voted 100% in favour of the plan to restructure $8.1 billion of liabilities

Indian crypto exchange WazirX registers $38-bn trading in a year

The platform currently has 10 mn users, expanding its user base by 10 times in 2021

Kirloskar feud: SC agrees to hear KBL CMD's plea on November 25

The Supreme Court Friday agreed to hear on November 25 the plea on Kirloskar Brothers Ltd's family feud related to assets in which KBL CMD Sanjay Kirloskar has challenged the Bombay High Court order

TVS Motor: First Indian two-wheeler maker in United Nations Global Compact

The Compact is the world's largest initiative in its space; it is a voluntary set up based on CEO commitments to implement universal sustainability principles

SoftBank to acquire stake in Icertis., valuing tech company at $5 bn

SoftBank Group Corp. is nearing a deal to buy a stake in technology unicorn Icertis Inc., valuing the enterprise software maker at about $5 billion

Toshiba announces plan to split into 3 firms, shareholder reaction in focus

The third company will own Toshiba's 40.6% stake in unlisted memory chipmaker Kioxia.

Vodafone Idea 'in talks' with SBI for loan, asked to give turnaround plan

Bank has asked Vodafone Idea to present a detailed plan on their financial viability including equity infusion from the largest shareholders, says Bloomberg.

Alibaba takes in $84.54 billion in orders in toned-down Singles Day

Last year, the company racked up $74 billion in GMV over the event's 11 days.

RBI's easy policy under pressure as companies worry about rising inflation

Companies have turned increasingly vocal about their inflation concerns, setting the stage for raising prices.

Go Fashion's Rs 800-crore IPO to open on November 17: Check details here

The IPO comprises fresh issue of equity shares aggregating up to Rs 125 crore

Retail credit enquiries zoom 54% in February-October, shows data

Increased demand visible across consumption products

For retailers, high street is flavour of the season as demand picks up

As demand picks up, retailers are opening 50% of their new stores on high streets