Page 2560 - Company News

Mercedes Benz sees sales rising 50% in H1 as second Covid-19 wave recedes

According to the CEO, last year the company saw a V-shaped recovery after the first lockdown was lifted

Microsoft names Nadella as chairman, rewards him for refocusing company

Microsoft has undergone a rebirth during Nadella's leadership, recovering from failures in the mobile phone and internet search market.

Behind Twitter's 'non-compliance' with new IT rules: Covid-19 pandemic

Twitter said it had appointed a nodal contact person and a resident grievance officer as required under the rules

Exploring windows to enhance shareholder value: Thyrocare Technologies

Thyrocare's market capitalisation is around Rs 6,916 crore. The deal thus could be for a shareholding in the firm

Jet Airways shareholders reject FY19 and FY20 accounts ahead of NCLT ruling

Institutional investors lead rejection brigade as Naresh Goyal abstains; proposal to appoint Sharp and Tannan as statutory auditors approved

Key obstacle removed with Yes Bank, Axis green signal to RCap's asset sale

The two banks are jointly owed Rs 1,575 cr and had objected to the sale unless their dues are paid. Yes Bank recently moved into Anil Ambani group HQ in Santa Cruz, Mumbai as part of debt settlement

Wipro's Rishad Premji bats for self-governance by social media platforms

Wipro's Chairman Rishad Premji said social media platforms have integrated the world like never before and should be allowed to practice "responsive self-governance" to tackle the misinformation.

Despite hit to consumption, TV advertising grows in second wave: BARC

The dent in consumption demand did not deter TV advertisers during the second wave of the pandemic, and the volumes in April and May have grown to go back to being at with the years before pandemic

Snapdeal partners with Sama for online dispute resolution, sees success

In the pilot, which looked at a few hundred cases, Snapdeal and Sama helped settle a 100, with an overall success rate of 50 per cent

NYSE-listed BPM firm Startek eyes $1-billion revenue in next 2 years

Part of the push to reach this $1 billion target may also come from Chennai-based CSS Corp in which StarTek acquired 26 per cent stake in the company for $30 million, early this year.

BharatPe fiscal 2021 revenue jumps over six times to Rs 700 crore

This comes as the pandemic has forced people and businesses adopt digital transactions and fund-starved small businesses seeking more credit avenues like this start-up.

No plans to reduce SAIL headcount: Pradhan to WB Finance Minister

SAIL, under the Ministry of Steel, is the country's largest steelmaker

IPO-bound Delhivery begins consumer-to-consumer parcel shipping

Customers can now book their parcel online instead of visiting and waiting at a store

SBI to sell two NPA accounts next month to recover dues of Rs 60 cr

The e-auction for these two accounts will take place on July 7, 2021.

Shraddha Kapoor named MyGlamm brand ambassador, also invests in the firm

Quantum of investment not revealed; Founded in 2017, MyGlamm offers a range of over 600 cruelty-free products across makeup, skincare and personal care

HDFC Bank says working with RBI for restarting banned services

In December 2020, the RBI took the unprecedented step of stopping the largest private sector lender from selling any new credit cards and also launching new digital services

Indians need to improve both soft and technical skills, shows data

India's overall rank in the report was 67 globally, with 38% proficiency

ByteDance founder tells staff he's moving away from daily CEO work: Report

In May, Zhang unexpectedly announced that he will step down as CEO of the TikTok owner amid Chinese' regulators' tightened scrutiny of the country's biggest technology firms.

Uber's B'luru engineering team leads tech for third-party cab booking in UK

Uber's Bengaluru-based mobility engineering team is leading the technological development of a complex integration with a third-party cab aggregator in the UK

Google announces Rs 113-cr grant for 80 oxygen plants, upskilling in India

Google.org has announced a grant of Rs 113 crore to support procurement and installation of about 80 oxygen generation plants and upskilling of healthcare workers in rural parts of the country