Page 2477 - Company News

Export fetters by China, Russia spell good news for Indian steelmakers

China has removed export tax rebates for 23 steel products. Export tax on key steel-making inputs pig iron and ferrochrome is set to rise

Swiggy aims to cover 800,000 km per day on electric vehicles by 2025

The food delivery giant has announced the commencement of trials that will increase the deployment of EVs in its delivery fleet

West Bengal government to review pending IT projects in state licon

The West Bengal government will hold a meeting with IT executives to review the pending projects in the state, IT and Industry minister Partha Chatterjee said on Thursday.

Low costs, quick ramp up to be gameplan of Rakesh Jhunjhunwala's Akasa

Reduced lease rents, easy availability of pilots and expected buoyancy in air traffic will help the airline as it aims to begin operations next summer

Move to do away with infamous retro tax will boost investment sentiments

The Bill now introduced in the Parliament proposes to provide that no tax demand shall be raised on indirect transfers effected prior to 28th May 2012

Newsmaker: Meet Essel Group's Subhash Chandra, the restless media mogul

His journey from an 18-year-old who turned around family's food grain processing business to becoming head of an eclectic Rs 30,000 crore (pre-crisis) empire is now part of corporate legend in India

Kia takes less than 2 years to cross 300,000 cumulative sales mark in India

Kia India on Thursday said it has become the quickest brand in the country to cross three lakh cumulative sales mark in the country.

Delhi Court sends Avantha Group promoter Gautam Thapar to 10-day ED custody

A Delhi court extended by ten days the custodial interrogation of Avantha Group promoter Gautam Thapar, arrested by Enforcement Directorate in connection with a Rs 500 crore money laundering case

DoT issues LoI to Bharti's OneWeb for satellite services licence

The Department of Telecommunications (DoT) has issued a letter of intent (LoI) to Bharti group-backed OneWeb for satellite services in India, according to an official source

Airtel partners with Google Cloud, Cisco to launch Airtel Office Internet

Bharti Airtel on Thursday announced the launch of 'Airtel Office Internet'

State-owned BSNL, MTNL narrow losses, reduce liabilities in 2020-21

State-owned telecom firms BSNL and MTNL have narrowed their losses and reduced liabilities in 2020-21, Parliament was informed on Thursday

Flipkart expands warehousing network in Gujarat to support local sellers

The new facilities are in Ahmedabad and Surat, and are collectively spread across an area of 500,000 sq ft, helping create over 5,000 direct and indirect local jobs in the state

Adani Transmission reports 22% rise in first quarter net profit

Net profit for the April-June quarter was at Rs 433.34 crore.

India's laundry market expected to grow to $15 billion by 2025: RedSeer

As seen after Covid, there is significant adoption of online services with more users transacting online, which is favouring the overall growth of online services.

Escorts posts nearly two-fold jump in Q1 net profit at Rs 178.45 cr

The company had posted a consolidated net profit of Rs 92.58 crore in the same quarter previous fiscal, Escorts Ltd said in a regulatory filing.

Adidas hit by China boycott of Western brands, Vietnam factory closures

The German sportswear company still raised its outlook for full-year sales

Amazon opens fulfilment centre with 600,000 cubic ft storage in Telangana

Expands existing facility; the e-commerce firm has launched its 5th fulfilment centre in the state

Ahead of Q1 results, Tata Steel rallies on rare double ratings upgrade

An improving balance sheet is aiding the bullish sentiment as Tata Steel joins scores of Indian corporates who are using record-low interest rates to trim their liabilities.

Zomato sets up payments aggregator in compliance with RBI guidelines

The company's Red Herring Prospectus in July had mentioned this development; the wholly-owned arm has an initial capital of 10,000 equity shares of Rs 10 each

Reliance BP Mobility bets on EV battery swapping with Swiggy's fleet

RBML is also actively partnering with top OEMs, tech, and platform players for setting up fixed charging stations with a format-specific approach for cars (B2B fleets and B2C consumers) and buses