Page 2625 - Company News

Tiger Global makes its first India cryptocurrency firm investment

Invests Rs 181 crore in CoinSwitch Kuber in a Series B round of funding, valuing the company at over $500 million

Analysts see a sharp uptick in Q4 profit of ICICI Bank, Axis Bank

Lower provisions will be a key driver, backed by healthy operating profit growth; commentary on asset quality and collections among monitorables, write Subrata Panda & Nikita Vashisht

Private sector looking to pool demand for Covid vaccines procurement

Private sector in India is looking to pool their demand for effective procurement of vaccines to ensure uninterrupted access to the lifesaving vaccines, healthcare and industry federations said

Ashok Leyland's LCV gamble pays off with a little help from the pandemic

Its offering Bada Dost has helped in huge market share and volume gains

Huge global disparities in ownership of electric cars, shows study

There are still very few electrified vehicles on the roads in large markets like Russia, South America and Africa

Centre's disinvestment plan: A stress test for zombie steel plants

The disinvestment of loss-making plants may likely attract interest from secondary steel makers rather than the big players

Lenders to withdraw debt recast if Future-RIL deal goes through: Report

Banking sources said the debt recast is actually 'Plan B' to help the nation's largest retailer stay afloat

Wipro aims to reach net-zero greenhouse gas emissions by 2040

This is in line with the objective of the Paris Agreement to cap temperature rise to 1.5 C

Torrent Power bags 300 Mw long-term solar power generation PPA

To be commissioned in 18 months from the date of PPA, the project will have a tariff of Rs 2.22/kwH for 25 years

Parle Products to leverage on IBM hybrid cloud and AI to drive growth

With this, Parle hopes to find new ways to get its products to the consumer as the pandemic disrupts supply chain and mandates WFH for some employees

Jaguar Land Rover output at two UK plants hit by chips shortage

Output at two of Jaguar Land Rover's British car factories will be temporarily halted from Monday

Pernod Ricard eyes 10% full-year profit growth after sales beat forecasts

By 0704 GMT Pernod shares had gained 0.3% at 173.65 euros.

Hyundai Q1 profit triples, to adjust May production due to chip shortage

Hyundai Q1 profit triples, to adjust May production due to chip shortage

ORAI raises Rs 3.6 cr in pre-Series A round from Inflection Point Ventures

The funds raised would be used for international expansion and collaborations, sales and marketing along with product development and enhancement

Wipro to organise Covid-19 vaccination camp for workers on Bengaluru campus

On the first day, 200 employees and their families will be vaccinated

Sunteck Realty's sales bookings drop 16% in FY21 amid Covid-19 crisis

Sunteck Realty Ltd on Wednesday reported 16 per cent decline in its sales bookings during the last fiscal year

UK-based fintech start-up Revolut to hire 300 staff for India support hub

The company also appointed Paroma Chatterjee, a former executive at Lendingkart and Via.com among other companies, as its chief executive in India, Revolut said

Zomato rolls out Covid-19 priority feature for food delivery on its app

This feature will allow our customers to mark 'This order is related to a Covid-19 emergency' option during checkout

UK-based Revolut to launch in India, hires ex-Airtel Money exec as CEO

Revolut is making a multi-million pound investment in India over the next five years and has committed itself to the creation of 300 new jobs in the country

Covid shaves off a 5th of ONGC capex in FY21; downstream firms exceed target

Coronavirus-related restrictions delayed ONGC projects but fuel marketers like IOC exceeded targeted capital spending, a government report showed