Page 2542 - Company News

Govt asks industry to take benefit of PLI, food processing sector schemes

Food Processing Industries Minister Narendra Singh Tomar on Thursday called the industry players to take benefit of the government initiatives, including the production-linked incentive (PLI) scheme.

After a washed-out Q1, bankers hope to cash in on revival starting July

Demand expected to rise, but more gradually than last year

Twitter partners Razorpay for Tip Jar feature to send and receive money

Microblogging platform Twitter on Thursday said it has added an Indian payment gateway Razorpay for its Tip Jar feature that allows users to send and receive money.

India's eng, research & development market to reach $63 bn by 2025: Nasscom

India's share in the global ER&D market is expected to grow at a compound annual growth rate (CAGR) of 12-13 per cent to reach USD 63 billion by 2025, according to industry body Nasscom.

PTC India posts 4% increase in net profit at Rs 49.77 cr for March qtr

PTC India on Thursday posted a nearly 4 per cent increase in consolidated net profit at Rs 49.77 crore for the March quarter, helped by higher revenues.

RIL AGM 2021: JioPhone Next to 5G, and more announced under Jio Platforms

Here are the details of everything Mukesh Ambani announced under Jio Platforms at the Reliance Industries annual general meeting this year

Disney+Hotstar to hire 250 people across tech, marketing, other roles

The platform looks to compete more aggressively against rivals like Netflix and Amazon Prime Video.

RIL's investment plans laid out at 44th AGM don't seem excessive

RIL has raised over Rs 3.25 trn in the past fiscal alone so it will be able to fund its New Energy plans even though it is cash flow negative

Reliance Retail to grow 3x in next 3-5 years, create a million jobs: Ambani

It continues to be among the fastest-growing retailers globally and the company aims to be among the top ten retailers of the world, Ambani said at RIL's annual general meeting

Ambani announces 'JioPhone Next' smartphone, partnership with Google for 5G

'JioPhone Next is one of the most affordable smartphones globally, which has cutting-edge technology,' Ambani said

Saudi Aramco chairman Yasir Al-Rumayyan joins Reliance board: Mukesh Ambani

'Al-Rumayyan joining our Board is also the beginning of internationalisation of Reliance,' says RIL Chairman at 44th AGM

Mankind Pharma inks distribution pact with BDR Pharma for Covid drug

Delhi-based Mankind Pharma operates in 34 overseas destinations.

IPO-bound Veeda Clinical Research raises $16 mln in round led by Sabre PE

The round also saw participation from high net individuals like Pranab Mody of JB Chemicals, Havells India family office, Nikhil Vora of Sixth Sense Ventures, and Arjun Bhartia of Jubilant

Reliance to conclude Aramco deal this year; Aramco rep on co board

Ambani said RIL is looking forward to "welcoming Saudi Aramco as a strategic partner in our O2C business".

Reliance to invest Rs 75,000 cr in new energy business over 3 years: Ambani

Reliance will build solar manufacturing units, a battery factory for energy storage, a fuel cell-making factory and an electrolyser unit to produce green hydrogen as a part of the business

A billion Indians will get faster internet via Google Cloud and Jio: Pichai

Speaking about the Google-Jio partnership, Google and Alphabet CEO Sundar Pichai said: "JioPhone Next is powered by an optimised version of Android OS jointly developed by Jio and Google.

Mahindra Finance raises Rs 225 crore through bond issuance

Mahindra Finance stock traded 0.61 per cent lower at Rs 155.60 apiece on the BSE.

More firms to come under ambit of small and medium sized companies

In a notification, the ministry defined a small and medium sized company as an entity whose equity or debt securities are not listed or are not in the process of listing on any stock exchange

Google says in cloud partnership with Jio in boost to 5G plans in India

Jio is part of tycoon billionaire Mukesh Ambani's oil-to-retail conglomerate Reliance Industries.

Adani Group strikes coal at Australia's controversial Charmichael project

The mine has been at the centre of several protests and campaigns by environmentalists.