Page 2476 - Company News
Made permanent appointments in compliance with IT rules: Twitter tells HC
The new appointees are employees of Twitter Inc and not the India entity of the microblogging platform, a person familiar with the details said.
 "Made permanent appointments in compliance with IT rules: Twitter tells HC")
With at least 12 mega-projects, Hilton eyes the big box in India
After two failed partnerships, the 102-year-old international hospitality chain hopes to expand its presence in the country
 "With at least 12 mega-projects, Hilton eyes the big box in India")
The once tiny Uber India tech team tackles mobility challenges across globe
The India tech centres started from a house in Jubilee Hills in Hyderabad in 2014, with a three-member team, and are now a crucial part of Uber's tech story, with a 750-plus-member team
 "The once tiny Uber India tech team tackles mobility challenges across globe")
MMTC seeks time till August 31 from exchanges for financial results
MMTC said it has requested stock exchanges to extend time limit up to Aug 31 for holding meeting of audit committee and Board of Directors for consideration and approval of audited financial results
 "MMTC seeks time till August 31 from exchanges for financial results")
Top headlines: SAIL posts Rs 3,897 cr profit in Q1; Amazon's big win in SC
Business Standard brings you top headlines of the day
 "Top headlines: SAIL posts Rs 3,897 cr profit in Q1; Amazon's big win in SC")
Global vendors closely monitoring VIL situation, say it's business-as-usual
Global telecom gear makers are keeping a close watch on how things evolve for Vodafone Idea, which is in the grip of an existential crisis, but maintain that it is business-as-usual
 "Global vendors closely monitoring VIL situation, say it's business-as-usual")
Zee Entertainment posts first quarter net profit of Rs 209 crore
Subscription revenue was at Rs 813.05 crore as against Rs 744.311 crore in Q1/FY 2020-21.
 "Zee Entertainment posts first quarter net profit of Rs 209 crore")
RITES bags 'highest ever' Rs 4,027-cr order from Ministry of Railways
RITES is currently executing doubling project at Gooty-Dharmavaram and 3rd line project at Annupur-Pendra Road of approximately 140 km, which are near completion.
 "RITES bags 'highest ever' Rs 4,027-cr order from Ministry of Railways")
CII ties up ITC Hotels to launch vocational education in hospitality sector
Industry body CII on Thursday said it has partnered with ITC Hotels to launch vocational education training by Switzerland-based hotel school EHL in the hospitality sector.
 "CII ties up ITC Hotels to launch vocational education in hospitality sector")
Future Retail says will exercise available remedies in law in Amazon row
SC on Friday ruled that the order of Singapore emergency arbitrator that halted the $3.4 billion Future-RIL deal is enforceable in India
 "Future Retail says will exercise available remedies in law in Amazon row")
Chiratae Ventures closes fourth fund at $337mn, oversubscribed by 25%
Chiratae has invested in more than 100 deals since inception in 2006, delivered two IPOs, four unicorns while completing 38 exits with a record 8 consecutive yrs of capital distribution to investors
 "Chiratae Ventures closes fourth fund at $337mn, oversubscribed by 25%")
toothsi raises $20 mn in Series B funding round led by Eight Roads Ventures
The company had earlier raised $5 million as part of its Series A funding in January this year
Tata Chemicals shares zoom nearly 10%; hit 52-week high after Q1 earnings
Shares of Tata Chemicals on Friday jumped nearly 10 per cent after the company reported a multi-fold jump in consolidated net profit for the June quarter.
 "Tata Chemicals shares zoom nearly 10%; hit 52-week high after Q1 earnings")
Vikram Solar sees bright prospects in PV module manufacturing business
One of the earliest entrants in the PV module manufacturing business in India is seeing brightening prospects for this former sunrise sector
 "Vikram Solar sees bright prospects in PV module manufacturing business")
Supreme Court rules in favour of Amazon in the Future Retail case
The Court said that an order by a Singapore arbitrator in October which put the deal on hold after finding merit in Amazon's objections was valid
 "Supreme Court rules in favour of Amazon in the Future Retail case")
'Not plug and play': Amazon, Flipkart struggle to meet EV goal in India
Delivery giants find there aren't many models available that can be deployed at scale, and what supply there is can't keep up with demand.
 "'Not plug and play': Amazon, Flipkart struggle to meet EV goal in India")
Lenders to debt-laden Vodafone Idea look at swapping debt for equity
Over the years, Vodafone PLC has invested $30 billion in Vodafone India and has written off the entire investment
 "Lenders to debt-laden Vodafone Idea look at swapping debt for equity")
Premium valuations, pressure on margins may restrict gains in Bosch
The management is cautious on the near-term outlook
 "Premium valuations, pressure on margins may restrict gains in Bosch")
ESG integration in business will help create long-term value: EY India
The covid-19 pandemic has been instrumental in reinforcing the importance of ESG framework as a key approach to long-term business resilience, says the EY report
 "ESG integration in business will help create long-term value: EY India")
OYO to stop investing in capex of hotels, says India CEO Rohit Kapoor
Three-pronged revamp strategy includes getting out of investing in capex of hotels, moving away from offering minimum guarantees to hotel partners and giving them flexibility to determine room tariff
 "OYO to stop investing in capex of hotels, says India CEO Rohit Kapoor")