Page 2347 - Company News

Jio's new smartphone no disruptor, but will drive ARPU growth: Analysts

Point to shift in Jio strategy with greater focus on value instead of volume

Market cap of nine most valued firms falls by over Rs 2.48 trillion

ICICI Bank is the only firm among market leaders to improve valuation last week; Reliance continues as India's most valued company.

BharatPe plans $5 bn loan book to help small businesses with credit: CEO

Company expects growth from Unity Small Finance Bank, its joint venture with Centrum Group, says Suhail Sameer

Snapdeal appoints Ullas Kamath, Anisha Motwani as directors on board

According to sources, Snapdeal hopes to gain from the new board members' experience in serving the value-conscious consumer in 'Bharat' or tier-2,3,4 markets ahead of its proposed IPO.

Amazon empowers thousands of sellers during its month-long festive event

Close to 30,000 sellers became Lakhpatis; 70% of the sellers that made a sale were from non-metros; Over 330 Local shop owners became Lakhpatis

IDFC First Bank's Sept quarter net up 50% on improved interest margins

It had posted a net profit of Rs 101 crore in the second quarter of the last financial year (Q2FY21)

Aurum PropTech pick up 49% stake in Integrow Asset Management for Rs 25 cr

Aurum PropTech (formerly known as Majesco Ltd) on Sunday said it will pick up 49 per cent stake in Integrow Asset Management for Rs 25 crore.

Union Steel Minister announces bonus, wage revision for MOIL employees

Union Minister of Steel Ram Chandra Prasad Singh on Sunday announced a bonus of Rs 28,000 as well as wage revision for the employees of the state-owned Manganese Ore India Limited (MOIL).

Sirona eyes Rs 100-cr revenue in FY23, to expand its product range

Sirona Hygiene aims to log a revenue of Rs 100 crore in FY23 as it expands its product range and ramps up presence in offline retail channels in the country.

NTPC places order for 9.3 lakh tonne biomass pellets for co-firing

State-owned power giant NTPC has placed an order of 9,30,000 tonnes of biomass pellets for co-firing in power plants that will help improve air quality, said the power ministry.

Ujjivan Financial Services board okays amalgamation with Ujjivan SFB

Ujjivan is the holding company and promoter of Ujjivan Small Finance Bank (SFB).

Sebi warns Vedanta over related-party transactions worth Rs 1,407 cr

Capital market regulator SEBI has warned billionaire Anil Agarwal's Vedanta Ltd for executing Rs 1,407 crore of related-party transactions without prior approval of the audit committee

IOC commences doorstep diesel delivery in small quantities

The company said that the service is meant for customers seeking diesel in quantities as low as 20 litres

JioPhone Next priced at Rs 6,499 to hit stores this Diwali: Details here

The phone will be available for purchase on Jio Mart's digital network of 30,000 partners across the country

FDA paves way for Pfizer Covid-19 vaccinations in young kids

A few countries have begun using other COVID-19 vaccines in children under 12, including China, which just began vaccinations for 3-year-olds

SBI Cards' shares shed 6.3% following a mixed bag in Q2

Analysts, however, remain positive with target prices indicating 13-25% upside on expectations of strong growth in FY22 earnings

Facing backlash, Ministry of Railways scraps IRCTC fee sharing order

Stock tanked 30% intraday before it recovered from losses

Policybazaar raises Rs 2,569 cr from anchor investors at Rs 980 per share

33.5% of the total allocation to anchor investors was made to 18 domestic mutual funds through 69 mutual fund schemes

JSW Energy net profit falls 3.7% to Rs 339 crore in Sept quarter

The total revenue during July-September 2021 increased 12 per cent year-on-year

Cadila Healthcare Q2 PAT up by 6% YoY to Rs 597 cr, revenue up 3%

The company's EBIDTA margin for the quarter was 22.7 per cent, up by 50 basis points