Page 2388 - Company News

Future Retail, 7-Eleven terminate franchise agreement

Deal got terminated over not being able to meet target of opening stories, payment of franchisee fees

Anil Agarwal-led Vedanta eyes buying govt's stake in Hindustan Copper

Agarwal says due diligence is being done and that the company is waiting for date of Hind Copper's privatisation to be announced

HDFC Bank launches Festive Treats 3.0 with over 10,000 offers

The private sector lender has partnered with over 10,000 merchants across more than 100 locations

Zoomcar sets up office in San Francisco ahead of US listing next year

Zoomcar launched India's first personal mobility platform in 2013 and now has over 7,000 cars on its platform with a presence across five countries.

Natural gas price increase positive for ONGC, Reliance: Fitch

The gas price increase will hit the fertiliser sector's profitability by increasing working-capital requirements, Fitch said.

Airtel conducts India's first rural 5G trial along with Ericsson

The demonstration took place in Bhaipur Bramanan village on the outskirts of Delhi-NCR

Ola acquires GeoSpoc to build next-generation location technology

Ola has acquired geospatial services provider GeoSpoc, a move that will help the ride-hailing platform develop technologies to make mobility accessible and convenient

Govt asks CIL to explore prospects in electric vehicles, charging pods

CIL has chosen new business area for diversification where carbon emission is minimum

Four platforms get IFSCA licence for factoring business at Gift City

These in-principle licences were issued by the IFSCA last Friday to start working through sandbox facilities before formal business

AstraZeneca seeks US emergency approval for Covid-19 antibody cocktail

The cocktail can supplement vaccines for people who haven't mounted a strong response to the shots -- or to protect those who couldn't be immunized

CIL announces performance reward of Rs 72,500 per non-exec employee

State-owned Coal India on Tuesday announced a performance-linked reward of Rs 72,500 per employee to all its non-executive cadre workforce for financial year 2020-21.

Mahindra Logistics ramps capacity, adds 14,000 jobs ahead of festive season

The company is adding solutions like pop-up facilities across eight major cities aggregating to 1.1 million sq ft

Ola acquires geospatial provider GeoSpoc to build new mobility maps

Cab-hailing platform Ola on Tuesday said it has acquired GeoSpoc, a leading provider of geospatial services in the country, for an undisclosed sum

Explained: How a problem turned into crisis for Srei Infrastructure Finance

But those in the know say that trouble at Srei had been brewing for a while now

Ministry asks Coal India to invest in electric vehicles, charging pods

Coal India is the world's largest coal mining company by production and accounts for over 80% of India's output of the fuel.

What's a SPAC and how does it help startups in raising money? Decoded

SPAC is the new buzzword in the deal-making space. It is becoming very popular with founders in India and abroad. So, what is a SPAC and how does it work? Let's understand

RBI supersedes boards of 2 Srei companies; insolvency process to begin soon

Ex-BoB official named administrator of the companies

Policy vacuum speed breaker may slow down India's booming used car market

The pre-owned car market has got a boost with the entry of startups like Cars24, Olx Autos, Droom and CarTrade. But there's still a policy vacuum here. Let's understand how it can hit the market

Banks' rejection of debt recast turns into a deathblow for SREI

The SREI Group firms' business has been badly hit due to Covid; SREI mulls legal recourse over RBI's decision to supersede Group firms' boards

Zuckerberg loses $7 bn in hours as Facebook crash takes down firm's stock

Facebook CEO's worth down to $120.9 billion, dropping him below Bill Gates to No. 5 on the Bloomberg Billionaires Index.