Page 2329 - Company News

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

Blue-collar jobs app Apna logs 12 mn job openings in festival season

Start-up says it enabled more than 37 million interviews during festival season; demand shows economy is reviving

Adani to invest $70 bn in renewable energy, produce cheapest hydrogen

Billionaire Gautam Adani said his logistics-to-energy conglomerate will invest $70 billion over the next decade to become the world's largest renewable energy company and produce the cheapest hydrogen

Zee Entertainment profit up 187% to Rs 270 crore in Sept quarter

The firm had reported net profit of Rs 94 crore in the same period a year ago

Will expose Amazon's misrepresentation before CCI: FRL independent director

We are going to show the true face of Amazon to the whole world, said FRL independent director Ravindra Dhariwal