Page 2359 - Company News
Shopify launches ERP programme to ease e-comm platform mgmt for merchants
Shopify, the Canada-based e-comm firm, is directly partnering with leading ERP providers globally, including MS Dynamics 365 Business Central, Oracle NetSuite, Infor, Acumatica, and Bright pearl
 "Shopify launches ERP programme to ease e-comm platform mgmt for merchants")
Wipro shares at record high on better-than-expected quarterly profit
Shares of India's Wipro Ltd surged as much as 7.6% to a record high on Thursday, a day after the IT services company logged a near 19% rise in quarterly consolidated net profit.
 "Wipro shares at record high on better-than-expected quarterly profit")
Shriram Housing Fin gets Rs 300-crore equity capital from parent firm
The capital will also be utilised to fund the expansion plans in the targeted regions
 "Shriram Housing Fin gets Rs 300-crore equity capital from parent firm")
State-owned Punjab National Bank reduces gold loan rates
PNB is also offering a full waiver of service charges/processing fee on the loans against gold jewellery and SGB, similar to home loans and vehicle loans announced recently
 "State-owned Punjab National Bank reduces gold loan rates")
Invesco says it facilitated tie-up talks between India's Reliance and Zee
"The role of Invesco, as Zee's single largest shareholder, was to help facilitate that potential (Reliance) transaction and nothing more," Invesco said
 "Invesco says it facilitated tie-up talks between India's Reliance and Zee")
Bayer CropScience okays sale of traded seeds biz to Crystal Crop Protection
Bayer CropScience Ltd on Wednesday approved sale of its traded seeds business, along with property in Telangana, to Crystal Crop Protection Ltd for Rs 62 crore
 "Bayer CropScience okays sale of traded seeds biz to Crystal Crop Protection")
IBM in talks with states to expand 'SkillBuild' initiative in India
IT company IBM on Wednesday said it is in talks with several states in India to expand its 'SkillsBuild' initiative
 "IBM in talks with states to expand 'SkillBuild' initiative in India")
Zee-Invesco row ended deal talks; no hostile takeover plans: RIL
The war of words between Invesco and ZEEL shows that minority shareholders were not in the loop about the acquisition talks till Tuesday
 "Zee-Invesco row ended deal talks; no hostile takeover plans: RIL")
Biz2Credit plans to invest $100 million in India over next 5 years
Fintech firm Biz2Credit plans to invest $100 million in India over the next 5 years on research and development as well as expanding operations
 "Biz2Credit plans to invest $100 million in India over next 5 years")
Infosys COO Pravin Rao set to retire, co to announce new structure soon
Infosys on Wednesday said its Chief Operating Officer Pravin Rao will be retiring in the third quarter of the current fiscal and the company will announce a new corporate structure soon.
 "Infosys COO Pravin Rao set to retire, co to announce new structure soon")
CIL asked Mahagenco to augment coal stock at thermal power plants
Maharashtra State Power Generation Co (Mahagenco) had requested WCL to supply 10.5 rakes of coal per day to its power plants in June against 22.5 rakes per day
NLC India making efforts to ramp up coal output to 10 mn tonnes
State-owned NLC India is making efforts to ramp coal output from one of its mines in Odisha to up to 10 million tonnes per annum this year.
 "NLC India making efforts to ramp up coal output to 10 mn tonnes")
CIL arm Mahanadi Coalfields further raises daily coal despatch
The statement comes at a time when various plants in the country are facing coal shortages
 "CIL arm Mahanadi Coalfields further raises daily coal despatch")
Q2 results: IT majors poised for gains on Infosys, Wipro guidance
Strong deal wins are likely to keep revenue growth elevated
 "Q2 results: IT majors poised for gains on Infosys, Wipro guidance")
Staring at electricity crisis, Gujarat to buy from Tata Power's Mundra UMPP
Will make short-term purchase at Rs 4.5/unit; is the second state to buy from Tata Power Mundra, after Punjab which is purchasing at Rs 5.5 per unit for a fortnight
 "Staring at electricity crisis, Gujarat to buy from Tata Power's Mundra UMPP")
Air India's flight plan: What it would take to get airline soaring again
Aviation experts reckon this could entail a bill of around $40 million for 100 aircraft
 "Air India's flight plan: What it would take to get airline soaring again")
Tata Group market cap surges $55bn since August to zoom past $300 bn
This is a 22% rise in valuation; TCS, Tata Motors and Titan top the charts in absolute terms, Nelco and Tata power lead the percentage table
 "Tata Group market cap surges $55bn since August to zoom past $300 bn")
Amazon rigged search results to promote its own products in India: Report
Thousands of pages of internal Amazon documents examined by Reuters show the company ran a systematic campaign of creating knockoffs and manipulating search results to boost its own product lines
 "Amazon rigged search results to promote its own products in India: Report")
Rising prices of coal to weigh on steel companies' September qtr earnings
While the YoY show is expected to be stellar on low base and high realisations, QoQ profit growth is estimated to be weak for most players
 "Rising prices of coal to weigh on steel companies' September qtr earnings")
Roposo launches creator-led live entertainment commerce for shoppers
Live commerce, a format that allows users to shop online while watching live video streaming events, could hit $300 bn in sales in China this year. It is still at a nascent stage in India
 "Roposo launches creator-led live entertainment commerce for shoppers")