Page 2358 - Company News

Urban Company starts 12-point plan to allay concerns of women partners

Women partners on the platform protested last Friday, demanding better layouts and safer work conditions; firm responds by cutting the commissions it charges on beauty products

Centre notifies rules to settle Vodafone retrospective tax case

Vodafone Plc is required to give a declaration to the Income-Tax Department, withdrawing all legal proceedings against the government over the levy of retrospective taxes

Zee chief Punit Goenka questions Invesco's silence over RIL offer

Says he will ensure no one maligns Zee's intrinsic value, and will continue to pursue this in the best interests of shareholders, and at immense personal costs

Actis to infuse $850 million into sustainable infra projects in India

Sustainable infrastructure-focused investment firm Actis on Thursday said it will more than double its investments in the country by infusing $850 million in projects over the next five years

BluSmart drives a green agenda, hopes to expand presence from core NCR base

BluSmart has also gone in for backward integration, creating EV charging stations or what it calls "super-hubs" that can charge almost 70-80 EVs at a time

Maruti Suzuki plans to convert its website into vehicle financing platform

The country's largest carmaker said this will help it turn the website into a single-window channel for customers through which they can select the car, find dealers and arrange financing

Social commerce firm Meesho sees 750% growth in users during festive sale

Nearly 60 per cent of the total demand was driven by tier-4+ markets, including remote locations.

WhatsApp to begin rolling out end-to-end encrypted chat backups

With this update, if you choose to back up your chat history with end-to-end encryption, it will be accessible only to yoy; no one will be able to unlock the backup, not even WhatsApp

Realme logs sale of Rs 3,500 crore in nine-day festive sale

Smart devices maker Realme on Thursday said it has registered sales of Rs 3,500 crore during the festive season sale between October 2-10 across multiple channels

Nokia India, Foxconn, 29 others get DoT approval for PLI scheme

The DoT notified the PLI scheme for telecom and networking products on February 24 with a financial outlay of Rs 12,195 crore, over the five years

Dixon to invest Rs 200 cr under PLI; plans to acquire Bharti's plant

Dixon Technologies plans to acquire a Ludhiana-based manufacturing unit of Bharti Group to start making telecom gears under the production-linked incentive scheme announced for the sector

ZEE MD says will continue to take steps to safeguard company, its future

Goenka questioned the intention of Invesco while pointing fingers at the investment firm over corporate governance for not making public a proposed deal Reliance Industries earlier

Smartphones worth Rs 68 cr sold every hour on e-comm platforms: Redseer

RedSeer claimed that it has been seen that Flipkart Group emerged as the leader during the festive sales with an impressive 64 per cent market share

Inox Wind loss narrowed to Rs 57.52 crore in July-September quarter

Inox Wind's consolidated net loss narrowed to Rs 57.52 crore in the September quarter compared to the same period a year ago

Enforcement Directorate attaches assets in fraud case against STCL

The Enforcement Directorate on Thursday said it has attached assets worth over Rs 146 crore in a money laundering case linked to alleged fraud at the State Trading Corporation of India Ltd (STCL)

Okinawa Autotech in talks with PEs for Rs 500-crore fundraising

He added that the money is being raised to oil growth which is set to witness high double-digits from the exponential demand the company is getting now

Govt notifies rules to settle Vodafone retrospective tax case

After the notification of the rules, Vodafone will have 45 days to approach the government for a settlement.

HCL Tech board okays long-term plan to add RSUs as part of compensation

Programme will include 3,000 senior leaders, is expected to help employee retention as tech industry sees high attrition and talent crunch

Essar submits planning application for hydrogen production plants

Essar Oil (UK) Ltd said it has submitted a planning application seeking approval for the construction of hydrogen production plants at its Stanlow Manufacturing Complex in Ellesmere Port, UK

Mother Dairy to set up 700 exclusive consumer touchpoints in Delhi

Mother Dairy will establish over 700 exclusive consumer touchpoints in the national capital by 2022-23 fiscal