Page 2531 - Company News

Confident that funding will take place in coming weeks: Vodafone Idea CEO

VIL had reported narrowing of consolidated loss to about Rs 7,023 crore for the quarter ended March 2021, mainly on the strength of cost optimisation.

Tesla delivers over 200,000 vehicles in Q2

Despite many challenges, Elon Musk-owned EV maker Tesla on Friday announced that it has produced and delivered over 200,000 vehicles in Q2 2021.

Upstox: Over 70% of 2 million new customers first-time investors

Upstox is backed by Ratan Tata and Tiger Global

Office space jumps 75% annually during Jan-Jun across seven cities

Realty firms remain bullish on revival in workspace demand, according to JLL India.

Government extends retirement age of LIC chairman to 62 years

The changes made in the rules will be called the Life Insurance Corporation of India (Staff) Amendment Rules, 2021, according to a government notification dated June 30, 2021.

Urban Company names Uber executive Neha Mathur SVP of Human Resources

Appointment underscores company's commitment to attracting world-class talent; comes at a time when Urban Company recently raised $255 million in a Series F round

Omaxe sells commercial, housing properties worth Rs 2,051 cr last fiscal

This was mainly on the back of better demand for its commercial projects in the national capital and Chandigarh.

'Revolution is coming': Ola CEO test rides upcoming electric scooter

'Took this beauty for a spin! Goes 0-60 faster than you can read this tweet! Ready or not, a revolution is coming!' wrote Bhavish Aggarwal on Twitter.

Cafe Coffee Day withdraws a lot of vending machines from customer locations

This comes as pandemic took a toll on demand.

Laurus Labs receives licence from DRDO to manufacture Covid drug 2DG

2DG has been given emergency approval by the Drugs Controller General of India (DCGI) for use on COVID-19 patients in the country, Laurus Labs said in a regulatory filing.

Airtel launches all-in-one plan for mobile, broadband, DTH services

'Airtel Black' offers four new fixed-bundle plans priced from Rs 998 per month to Rs 2,099 per month

Zydus gets USFDA nod to market generic HIV infection treatment tablets

The drug will be manufactured at the group's formulation manufacturing facility at SEZ, Ahmedabad

Hinduja Group formally launches EV making arm Switch, sets up new team

Appoints Andy Palmer as its executive vice chairman and CEO, Nitin Seth as Chief Operating Officer

Mindtree completes acquisition of the NxT Digital Business from L&T

Mindtree on Friday said it has completed acquisition of the NxT Digital Business from Larsen and Toubro (L&T).

Used vehicle unicorn Cars24 nears $250 mn deal that could double valuation

Cars24 aims to make the purchase of a pre-owned vehicle as easy as buying a refrigerator or a smartphone online.

Sanjay Miranka joins Poonawalla Group acquired Magma Fincorp as Group CFO

Poonawalla group acquired Magma Fincorp Ltd is pleased to announce the joining of Sanjay Miranka as its Group Chief Financial Officer (Group CFO) effective today

Magma Fincorp plans to enter into co-branded credit card business

Magma Fincorp on Friday said it plans to enter into an arrangement for issuance of co-branded credit cards

Edelweiss Financial Services to sell its 70% stake in insurance broking JV

Edelweiss Financial Services on Friday said it will exit the insurance broking business by selling its 70 per cent stake in Edelweiss Gallagher Insurance Brokers Ltd for Rs 307.60 crore.

State-run NTPC Renewable Energy Ltd IPO to hit markets in 2022-23

NTPC plans to list its arm NTPC Renewable Energy Ltd in 2022-23, to raise funds for achieving its ambitious target of 60 GW installed renewable energy capacity by 2032

LG Electronics set to post strong Q2 earnings on home appliance biz

LG Electronics is likely to report strong second-quarter earnings, analysts said on Friday, as its mainstay home appliance business continued to rack up solid results