Page 2591 - Company News

Zensar Technologies signs agreement to acquire US-based M3bi

This acquisition will be completely funded by internal accruals. Financial details of the deal were not disclosed

Here's how Facebook helps Zara owner sell clothes using video games

Spain's Inditex SA is responding to shift from physical stores to online sales by teaming up with Facebook and Instagram to develop "Pacific Game" to attract younger buyers to its Pull & Bear brand

Cisco to acquire threat assessment platform maker Kenna Security

Networking major Cisco has announced to acquire Kenna Security, makers of a risk-based vulnerability management platform, for an undisclosed sum.

Cairn Energy sues Air India to enforce $1.2 bn arbitration award: Report

The move ratchets up pressure on India's government to pay the sum of $1.2 billion plus interest and costs that the British firm Cairn was awarded by an arbitration tribunal in December

Fraud probe rocks embattled Gupta empire just as it seemed to win lifeline

For two months, Sanjeev Gupta has been scrambling to refinance after the collapse of his group's main lender, Greensill Capital

WhatsApp policy change: No chat list in some time if you don't accept

The company had earlier set a deadline of February 8 for these changes but deferred it to May 15 after a backlash with wide fears over data being shared with Facebook

Investors can expect upside in long term from Rs 3,600-cr GoAir IPO

Fresh funds will reduce pressure on balance sheet but a lot will depend on the company's ability to return to growth

JP Morgan earmarks $3.8 mn in aid for India employees amid Covid-19

Global investment banking major JP Morgan Chase has increased its COVID-19 support to the country manifold, taking the total planned aid to close to USD 16 million, of which USD 3.8 million is for supporting its over 35,000 employees in India.

Jio announces free talk time offer for JioPhone users during Covid pandemic

Reliance Jio said it is working with Reliance Foundation to provide 300 free minutes of outgoing calls per month, which amounts to 10 minutes per day, for the entire period of the pandemic

Mahindra 'walks the talk' with free Covid jabs for dealers' employees

Others including Tata Motors and Ford India are also doing their bit to support channel partners

Mumbai Angels back cloud-based neobank Nemo with undisclosed funding amount

A brainchild of IIM Ahmedabad alumni, Nemo is creating a unique business that aims to empower Indian MSMEs with the financial tools, resources, and networks that large corporations have access to

Sebi's relaxed norms likely to give private equity firms faster exits

Sebi also plans to replace the "promoter" concept to "person in control"

GoAir banks on low-cost structure, promoter backing for successful IPO

The company has filed DRHP to raise Rs 3,600 crore

UK's anti-fraud agency investigating Sanjeev Gupta-led GFG Alliance

The London-based lender supplied billions of dollars in loans to GFG, many of which were packaged and sold as funds

Tata Digital to raise Rs 5,000 cr via commercial papers to expand business

Tata Digital is creating a platform for the Tata Group's consumer business, acquiring 64 per cent in online grocer Big Basket.

CG Power seeks shareholders nod for preferential allotment of shares to SCB

CG Power and Industrial Solutions on Friday said it will seek shareholder approval to allot 1.38 crore shares for Rs 101.20 crore to Standard Chartered Bank on a preferential basis

Passing on your password? Online streaming services are past it

Many of us were taught to share as kids. Now streaming services ranging from Netflix to Amazon to Disney+ want us to stop.

Bata India appoints ex-Britannia exec Gunjan Shah as country CEO

Shah takes over next month; Sandeep Kataria, Bata India's current CEO, has been elevated to the position of global CEO

Mindspace REIT to distribute Rs 285 crore as dividend to unitholders

Mindspace Business Parks REIT on Friday declared a distribution of Rs 285.2 crore to its unitholders for the quarter ended March.

Yes Bank to sell property of Magnum Solution for recovery of Rs 345 cr

Yes Bank has invited bids for sale of immovable assets of a borrower, E Commerce Magnum Solution Ltd, to recover dues of over Rs 345 crore.