Page 2629 - Company News

Covid-19: Remdesivir output to be doubled to 7.4 mn doses by April-end

18 new sites get DCGI consent to make antiviral used for treating Covid-19

Domestic auto sales in India go below 2015 levels amid Covid-19 crisis

The situation was not very different globally

5G's bouquet of promises: A technology that can change our lives forever

With the myriad possibilities that super high speeds and ultra-low latency could bring, telcos in India are looking at killer applications to attract consumers initially

IBM engaged in research to arm computers with Indian languages

IBM is engaged in research on Indian languages in a bid to develop new artificial intelligence applications in key industries

AirAsia announces free rescheduling on all flight bookings till May 15

AirAsia India has announced free rescheduling on all flights for bookings till May 15, 2021.

Covid-19 wave pushes packaged, hygiene goods consumption back in focus

Demand for products such as honey, chawanprash and ayurvedic teas has jumped by 60 per cent in April.

Star India retains Pro Kabaddi League media rights for Rs 181 crore

The franchisees have also slammed the organisers for keeping them out of the core committee on auctions

InMobi's Tewari warns of rising cases, offers staff help in audio message

The firm had plans to continue work-from-home till July, but with now Covid cases surging, it may extend the facility

M-cap of 7 of India's top-10 valued firms tumbles over Rs 1.41 trillion

The market capitalisation of Infosys declined Rs 37,579.03 crore to Rs 5,76,275.68 crore.

Amazon partners with Indian EV firms for its last-mile delivery fleet

The e-commerce firm will engage with more Indian OEMs to achieve its goal of 10,000 EVs by 2025

Future Retail lenders okay debt recast plan with repayment up to two years

Interest accrued between March 1, 2020, and September 30, 2020, will be converted into Funded Interest Term Loan, payable by December 2021

Reliance Communication headed for liquidation after NCLAT judgment

Debt resolution only after clearance of govt dues, says tribunal

Razorpay's valuation triples to $3 bn in 6 months, raises $160 million

Razorpay becomes one of the most valuable B2B fintech start-ups

Jaypee Infratech insolvency: Lenders ask NBCC, Suraksha to improve bid

Earlier this month, NBCC and Mumbai-based Suraksha group submitted their revised bids to acquire Jaypee Infratech through an insolvency process

Future Retail board approves resolution plan to restructure financial debt

The restructuring would be according to the Reserve Bank of India's circular for companies under stress due to the Coronavirus pandemic.

Future lenders approve debt restructuring; plan to be sent for approval

Lenders of the debt-ridden Future Retail Ltd have approved a plan to restructure the existing financial debt of the company under an RBI announced resolution framework for Covid-19 related stress

Lithium-ion battery maker Lohum to invest Rs 250 cr on capacity expansion

Lithium-ion battery pack manufacturer and recycling company Lohum plans to invest up to Rs 250 crore in the next three years to enhance its capacity

Amazon building computer vision tech to check defects in fruits, vegetables

The e-commerce giant's technology can carry out millions of assessments to grade the quality of fruits and vegetables per day at a cost that is far below compared to any other method

100 mn jobs in India can come from small businesses, says Nilekani

'I think small businesses are being brought into a digital world, getting access to markets, and companies can now start leveraging their own data,' says Nilekani

Payments space heats up as Amazon says 5 mn businesses using Amazon Pay

The e-commerce major has also launched the 'Amazon Pay For Business' app for small and medium businesses to enable seamless acceptance of digital payments.