Page 2547 - Company News

Flipkart, Amazon appeals in antitrust probe to be heard by HC on Monday

The e-commerce majors had filed separate appeals before the division Bench of the High Court, challenging a single-judge Bench order allowing the CCI to restart its probe against them.

Air India to sell real estate assets; may garner up to Rs 300 crore

Disinvestment-bound Air India is looking to raise Rs 200 to 300 crore by selling commercial and residential real estate assets in different parts of the country.

Car, phonemakers may have to wait longer for chips, thanks to bitcoin

The shortage is creating havoc for mobile device manufacturers who are getting less than 30-40 per cent of the normal requirement of chips

Jio sees near 100% sequential growth in new subscribers in March: Trai data

According to the latest data by TRAI, Bharti Airtel added 4 million subscribers to its network, followed by Vodafone Idea with 1.1 million users and Bharat Sanchar Nigam Ltd with 194,310.

AEL, APSEZ stocks see recovery after 4 days of fall

While Adani Enterprises shares went up by 8.76% to close at Rs 1487.85 a share, APSEZ stock was up by 7.39% to close at Rs 694.60

PhonePe launches auto top-up feature for its wallet

This feature will allow customers of PhonePe to set up a UPI e-mandate once, post which the company will automatically top up their wallet balance when it falls below the minimum below.

Maruti cuts Eeco ambulance price by Rs 88k as govt reduces GST

The GST rate on Eeco ambulance has come down to 12 per cent from the earlier rate of 28 per cent.

S&P revises ICICI Bank credit rating outlook to stable from negative

S&P Global Ratings on Friday said it has revised the rating outlook on ICICI Bank Ltd to stable from negative on grounds that the lender will benefit from the sale of stake in subsidiaries.

IDBI Bank invites bids to divest stake in Asset Reconstruction Company

The last date for submission of expression of interest (EoI) is June 25, 2021.

ShareChat's parent earmarks Rs 140 crore for first ESOP buyback

Nearly 200 existing and former employees with vested options are eligible to participate in this process.

Zara India posts full-year loss of Rs 41 crore; revenue down 28%

Spain's Inditex, which owns luxury fashion brand Zara, posted a loss of Rs 41 crore in India for the financial year ended March 31, 2021.

OnePlus ropes in Jasprit Bumrah as brand ambassador for wearables

Premium smartphone brand OnePlus on Friday said it has roped in cricketer Jasprit Bumrah as the brand ambassador for its wearables category.

Power Grid Corp fiscal 2021 profit increases 9% to Rs 12,036 crore

The company maintained average transmission system availability of 99.76 per cent in FY21.

Tata Motors and Tata Power put up India's largest Solar Carport in Pune

Spanning over 30,000 square meters, this carport will not only generate green power, but will also provide covered parking for finished cars in the plant.

Paytm looks to raise Rs 12,000 cr via fresh issue of shares, EGM on July 12

Paytm will also propose removing founder Vijay Shekhar Sharma's role as a 'promoter' for the company

Minda Industries raises Rs 50 cr via issuance of commercial papers

Auto component maker Minda Industries on Friday said it has raised Rs 50 crore through issuance of commercial papers.

Top 5 Indian IT companies to add over 96,000 employees: Nasscom

The IT-BPM sector overall employs 4.5 million people as of March 2021, Nasscom said.

Gautam Adani loses $9 bn in three days in worst wealth rout

The 58-year-old tycoon lost more money this week than anyone else in the world, with his personal fortune tumbling by about $9 billion to $67.6 billion

'Brand dissidence': Ronaldo eschewing Coca-Cola has a lesson for companies

In taking on Coke, Ronaldo may have unintentionally set a precedent for other players

Odisha Mining Corp contributes Rs 500 crore to CM's Relief Fund for Covid

The Odisha Mining Corporation contributed an amount of Rs 500 Crore to Odisha Chief Minister's Relief Fund