Page 2639 - Company News

Upstox alerts users of data breach; says funds, securities remain safe

Retail broking firm Upstox has alerted customers of a security breach that included contact data and KYC details of customers, but assured users that their funds and securities remain safe.

Infosys to consider share buyback on April 14, announce FY21 results

IT services giant is slated to hold a board meeting on April 13 and 14 to approve and take on record consolidated financial results for Q4 and for year ended March 31, 2021

Google expanding in India to help users become digital cos: Google Cloud MD

Google Cloud, which competes with global rivals such as Amazon and Microsoft, is on an accelerated path of signing new customers every week and month in India, says Bikram Singh Bedi

Franklin Templeton unitholders to get Rs 2,962 cr in second tranche

SBI Funds Management (SBI MF) will distribute the next tranche of Rs 2,962 crore to unitholders of Franklin Templeton Mutual Fund's six shuttered schemes during the coming week

Microblogging platform Koo eyes going global after cracking India market

Firm will co-exist with Twitter rather than be a competitor, says CEO Radhakrishna

Vedanta Group in talks with govt to set up display fabrication unit

If it succeeds, India will get its first such facility

Mankind Pharma may partner RDIF for Russian Covid-19 vaccine Sputnik V

According to sources close to the development, talks are in advanced stages between Mankind Pharma and RDIF

Apply strict safety norms, not lockdown as Covid-19 cases rise: CEOs' poll

Partial lockdown measures may impact movement of labour & goods, they say

Bridgestone unlocks 7 million euros in 9 months, helped by Freepay

As the government had been emphasising on extending the credit term to dealers and small vendors, the company took it in the right stride

Amazon India launches mentor programme for startups, emerging brands

Amazon India on Sunday announced the launch of its 'Mentor Connect' programme, which is aimed at accelerating the growth of startups

InsuranceDekho may have got Rs 1,200 cr in premium in FY21: Co-founder

Online insurance aggregator InsuranceDekho is expected to have garnered Rs 1,200 crore in insurance premium through its platform during the financial year ended March 2021, a top company official said

Facebook spent $23 million on Mark Zuckerberg's security in 2020

"He is synonymous with Facebook, and as a result, negative sentiment regarding our company is directly associated with, and often transferred to, Mr. Zuckerberg," read the statement

Cairn Energy offers to forego $500 mn if India agrees to pay principal due

The Scottish firm invested in the oil and gas sector in India in 1994 and a decade later it made a huge oil discovery in Rajasthan

Ambuja Cement's strategic plan on track to expand capacity at 50 MTPA

Ambuja Cements Ltd has said it is looking at significant debottlenecking opportunities across all plants with growth plans in mid-term to reach 50 million tonnes per annum capacity

IFC proposes $50mn debt finance for Thar Surya solar power project

International Finance Corporation (IFC) plans to debt finance the construction of Thar Surya 1 Pvt Ltd's 300 MW solar power project in Bikaner, Rajasthan by $50 million

Tata-Mistry case: SC verdict puts spotlight on duties of nominee directors

The Supreme Court's observations in the Tata-Mistry case has raised questions about the fiduciary duties of nominee directors

Higher chemical prices, ongoing expansion and demand to support SRF stock

While medium term prospects remain strong, the upsides after recent rally are limited

New launches to prop sales recovery as GSK Pharma gets over Zinetac pain

Near-term gains may be limited given restrictions which will impact anti-infectives portfolio

Higher volumes, price hikes put cement firms on strong footing

Cement is among the few sectors witnessing strong demand and pricing power

IBBI upholds resolution professionals' independence under pre-pack schemes

In regulations issued on the Ordinance on pre-pack resolution, the IBBI said an insolvency professional can be appointed as resolution professional if they are independent of the corporate debtor.