Page 2353 - Company News

Microsoft launches programme for nurturing, scaling startups leveraging AI

AI adoption can add more than $90 billion to the Indian economy by 2025, says Microsoft India president Anant Maheshwari

Good Glamm Group acquires media & lifestyle content platform ScoopWhoop

In early October the group acquired baby and mother products brand, The Moms Co, for Rs 500 crore

SpiceJet to commence flight operations to Kushinagar airport from Nov 26

SpiceJet will commence flight operations to the just-inagurated Kushinagar airport in Uttar Pradesh from November 26. The airport was inaugurated by Prime Minister Narendra Modi on Wednesday

Oriental Hotels expects recovery to be driven by domestic leisure, tourism

Oriental Hotels Ltd, an associate company of The Indian Hotels Company Ltd, on Wednesday said the company expects business recovery to be driven by domestic leisure and business tourism

Top headlines: Setback for FRL in Amazon dispute; Vi accepts moratorium

Business Standard brings you the top stories from today

Ola to take final payment for e-scooter S1's booked units after test drives

There have been complaints from customers who booked the company's electric scooters about lack of clarity of test drive and delivery schedules after making payments.

India opens inflight data market to UK satellite firm Inmarsat

Inmarsat's connectivity comes from satellites in geostationary orbit, but it will likely end up competing with new deep-pocketed low-earth orbit satellite rivals like Elon Musk's SpaceX

Future Retail must take part in Amazon dispute arbitration: Singapore panel

The panel said Future Retail is a 'proper party' to ongoing arbitration proceedings with Amazon

Vodafone Idea accepts four-year payment moratorium on AGR dues

Board has approved the exercise of the option of deferment of the company's spectrum auction instalments for a period of 4 years (Oct 2021 to Sept 2025)

Digit insurance clocks $400 mn in annual premiums, served 20 mn customers

In the wake of the pandemic, the company's group health business grew by 11 times to Rs 170 crore.

Flipkart Wholesale, Rupifi partner to offer 'Buy Now, Pay Later'

Rupifi said it is powering MSMEs with a purchase credit line with flexible repayment options, usage-based interest and zero fees

India expected to see higher salary with 9.3% hike in 2022: Report

India's projected salary increase is the highest in Asia-Pacific for the next year as optimism returns over improved business outlook in the next 12 months, the report added.

Jio gains 649,000 mobile users in August; Airtel adds 138,000: Trai data

In contrast, Vodafone Idea lost 833,000 subscribers

We are poised at the cusp of tremendous opportunity: Cisco's Chittilapilly

Cisco's president for India and Saarc sees big scope in the digitisation of multiple industry sectors that have been poor adopters of technology

Chetan Maini's SUN Mobility raises $50 mn from Dutch energy giant Vitol

Maini is known for launching India's first electric car, the Reva, after founding Reva Electric Car Company in 1996

Trifecta Capital invests Rs 400 cr in 4 Indian technology companies

Trifecta Capital on Wednesday said it has invested Rs 400 crore (about USD 53 million) across four companies

Taiwan's Foxconn says looking at making EVs in India, other countries

Foxconn Chairman Liu's comments come after Foxconn unveiled its first three electric vehicle prototypes earlier this week

Facebook to rebrand itself as 'metaverse company', get new name: Report

Chief Executive Officer Mark Zuckerberg is expected to announce the name at the company's Connect conference on Oct. 28

BofA fund manager survey least bullish since Oct 2020, cash at 12-mth high

Finds investors are increasingly worried about global growth expectations, stagflation and China

Axis MF, Inversion Advisory launch AIF to invest in underperforming firms

Plans to raise Rs 3,500 cr; Axis AMC to be investment manager of the fund, Inversion to provide operational and turnaround expertise