Page 2605 - Company News

India can have 40 mn 5G users in 1st year once service available: Ericsson

India can potentially have 40 million 5G users in the first year when the next-generation service is made available to them, a report released by telecom company Ericsson said on Wednesday.

Coal India carbon emissions less than 1 per cent of India's in FY20

State-owned Coal India Ltd on Wednesday said that the PSU accounted for only 0.65 per cent of the country's total carbon dioxide (CO2) emissions of 2,616 million tonnes (MT) during FY2019-20

Coronavirus: GoAir to start free vaccination drive for all employees

Low-cost carrier GoAir said on Wednesday that it will commence a programme to get its entire workforce vaccinated free of cost

NMDC hikes lump ore price by Rs 700 per tonne; fines by Rs 1,500 per tonne

The country's largest iron ore miner NMDC on Wednesday announced a hike in the prices of lump ore by Rs 700 per tonne and fines by Rs 1,500 per tonne with immediate effect

Voltas consolidated net profit jumps 49 pc to Rs 239 cr in March quarter

Voltas Ltd, a Tata Group company and leading air-conditioner manufacturer, on Wednesday reported a 49 per cent jump in its consolidated net profit at Rs 239 crore for the quarter ended March 31, 2021.

FMCG industry record 9.4% growth in January-March quarter: Nielsen

Indian FMCG industry has recorded a 9.4 per cent growth in the January-March quarter of 2021, helped by a consumption-led growth and value growth by increased prices of products

JSPL PAT jumps manifold to over Rs 1,900 crore in Jan-Mar quarter

Jindal Steel and Power Ltd (JSPL) reported manifold jump in its consolidated profit after tax (PAT) to Rs 1,900.51 crore during the fourth quarter ended March 2021, mainly on account of higher income

Asian Paints consolidated net profit up 84% at Rs 852 cr in March quarter

Asian Paints reported over 84 per cent jump in its consolidated net profit at Rs 852 crore for the January to March quarter as compared to Rs 462 crore in the previous corresponding period

Toyota extends warranty, free service periods amid Covid-19 pandemic

Toyota Kirloskar Motor said it has extended vehicle warranty and customer-paid extended warranty period by one month in the states where restrictions have been imposed by the government

'Disheartening to see some states complain about our Covaxin intentions'

It is quite disheartening to listen to some states complaining about Bharat Biotech's intentions regarding supply of COVID vaccine Covaxin, a top company official said on Wednesday.

Covid-19: Maruti Suzuki extends free service, warranty period till June 30

The country's largest carmaker Maruti Suzuki India said it has extended free service and warranty period up to June 30, 2021, in the wake of the second wave of the coronavirus pandemic

Mercedes-Benz rejigs sales, marketing unit; appoints new marketing head

German premium car maker, Mercedes-Benz rejigged its sales and marketing unit and brought in Pradeep Srinivas as head of the marketing and customer services, replacing the incumbent Amit Thete

Multiples Alternate Asset Mgt-led group to buy Cadila's animal health biz

The deal is to sell one of Cadila's two businesses on a slump sale basis as a going concern, for a lump sum of Rs 2,921 cr on cash-free and debt-free basis

Camp K12 aims to change the way traditional education is delivered globally

Camp K12 targets children in the age group 6 to 18 globally

Zomato IPO will test Indian investors' unicorn appetite: Analyst's note

Company faces competition in a food services market that is yet to reach global scale.

Alibaba aims to report strong financial earnings, after $260 billion slide

Alibaba has agreed to a record $2.8 billion penalty from Beijing and vowed to change certain practices deemed anti-competitive.

Toshiba board to appoint UBS as adviser for strategic review: Report

Toshiba Corp's 6502.T board is set to appoint UBS UBSG.S as financial adviser to work on a strategic review for the Japanese conglomerate as it faces a possible private equity bidding war, said source

Judge in US antitrust case against Facebook delays trial preparation

The judge in the US government's antitrust case against Facebook Inc said the social media company's motion to dismiss the lawsuit "raises a number of serious challenges"

Latest 737 Max problem sets back Boeing new airplane deliveries

Boeing continues to grapple with an electrical problem affecting some 737 Max airliners, and the setback is hurting the aircraft maker's ability to deliver new planes

Elon Musk asks Twitter users if Tesla should accept Dogecoin

Billionaire Elon Musk and cryptocurrency aficionado on Tuesday asked his 54 million followers on Twitter "Do you want Tesla to accept Doge?", referring to a digital currency worth roughly 48 cents