Page 2711 - Company News

Mining resumes at state-owned NMDC's Donimalai mine in Karnataka

State-owned NMDC on Thursday announced resuming mining operations at its Donimalai iron ore mine in Karnataka

Allegations of dodging laws have malicious intent: Amazon India chief

Amit Agarwal tells the employees that the company remains committed to its pledge to digitise 10 mn MSMEs, enable $10 bn in exports and create incremental 1 mn jobs by 2025.

Flipkart is positioned to win India's e-commerce future: Walmart's McKenna

Flipkart saw more than 250 mn customers over a 5-day period during its flagship 'Big Billion Day' sale event, and PhonePe reached milestone of 1 billion monthly payment transactions, McKenna said

Jaguar Land Rover to cut 2,000 jobs globally, full review underway

"We anticipate a net reduction of around 2,000 people from our global salaried workforce in the next financial year," it said

L&T Construction bags major contract to build 2 units of Kudankulam plant

The Kudankulam Nuclear Power Plant is India's first Light Water Reactor (LWR) of six units with a generation capacity of 1000 MWe each

WhatsApp to give option to review policy updates amid controversy

WhatsApp has clarified that the update only impacts the way users interact with WhatsApp business accounts.

LIC Housing wins in valuation, but its asset quality a drag: Analysts

Lender's capitalisation may restrict growth and it's asset quality could be worse if a Supreme Court order is disregarded.

E-learning, work from home power up notebook and laptop sales: IDC

For Q4CY20, PC shipments grew by 27 per cent year-on-year, said data from the IDC.

From Cognizant to HCL, India Inc opens up purse for employee retention

HCL had announced a one-time special bonus of $90 million earlier this month to employees around the world as it crossed the $10-billion revenue mark

Flipkart pushes Walmart global sales up 5.5% in Q4 to $34.9 billion

Walmart on Thursday said its international sales grew 5.5 per cent to USD 34.9 billion in the fourth quarter, led by "strong topline growth" across e-commerce arm Flipkart and some other markets

Flipkart says working on scaling loyalty programme, grocery, fashion biz

Flipkart on Thursday said it is working on scaling its loyalty programme, grocery and fashion business while continuing to invest in technology and infrastructure

Telco subscriber base dips marginally in Dec; Airtel, Jio add new customers

Telecom subscriber base in the country fell marginally to 1,173 million in December 2020

Constructive dialogue: Cairn CEO after meeting finance secy, tax officials

India is preparing to file an appeal against the award at The Hague

Thyssenkrupp ends talks with Britain's Liberty on steel unit sale

The move comes after Sweden's SSAB last month abandoned plans to buy the Dutch operations of India's Tata Steel

Indian IT has 'competitive advantage' in employee talent: Nasscom president

How industry uses 'access to technology' will matter in a democratic system, says Debjani Ghosh

Work from home; collaborate in office: Indian IT industry marks change

Zoom calls may work for a few but can they replace a town-hall meeting: Executives are debating

Zoom user base sees 70x growth in India amid Covid pandemic: CEO Yuan

Terming 2020 as a "crazy year", Yuan spoke about the growth in adoption of the app in an extremely crowded market place which had alternatives

DLF Cyber City completes acquisition of 51.8% stake in Fairleaf Real Estate

The group, through its subsidiary DLF Cyber City Developers (DCCDL), purchased 51.8 per cent stake in the firm that operates Gurgaon's upmarket commercial complex One Horizon Center

Indian IT sector likely to hit $350 billion by 2026, says McKinsey report

McKinsey also pointed that tech business models are reshaping worldwide and IT industry need to refocus

RailTel IPO subscribed 42 times; firm heads for Rs 3,000 cr valuation

The institutional investor portion of the IPO was subscribed 65 times and the high-net-worth individual (HNI) portion was subscribed 73 times