Page 2712 - Company News

Non-life insurers direct premium rises by 6.7% in Jan at Rs 18,488.06 cr

The cumulative premium till January 2021 rose by 1.91 per cent to Rs 1,40,999.04 crore; stand-alone health insurers witnessed 8.04 per cent increase at Rs 12,108.73 cr

Elon Musk's Tesla to set up electric car manufacturing unit in Karnataka

The electric carmaker in January incorporated Tesla Motors India and Energy Private Limited with its registered office in Bengaluru

Magma Fincorp to seek shareholders nod for Rs 3,206 cr deal with Poonawalla

Magma Fincorp said it is holding an EGM next month to seek shareholders' approval to the preferential allotment of shares to Adar Poonawalla-controlled Rising Sun Holdings (RSHPL)

Rail freight revenue surged past last fiscal for first time since pandemic

Indian Railway's cumulative freight revenue stood at Rs 98,068.45 crore from April to February in FY 2020-21

Sterling and Wilson Solar secures Rs 930 crore order in Egypt

Sterling and Wilson Solar on Saturday said it has bagged an order worth Rs 930 crore in Egypt

Tata Motors appoints Marc Llistosella as new CEO and managing director

Llistosella replaces Guenter Butschek whose five year tenure is coming to an end later this month

ByteDance explores sale of Indian TikTok ops to rival firm Glance: Report

The discussions, initiated by Japan's SoftBank Group Corp, are private, early and complex, the report said

Volvo Cars India elevates Jyoti Malhotra as its new MD from March 1

Malhotra, who currently serves as the Director Sales and Marketing, would be the first Indian to head the company in India

Vistara to start flights between Mumbai and Male from March 3

Vistara on Saturday said it will start flights between Mumbai and Male from March 3 onwards under the air bubble arrangement formed between India and the Maldives

Spotify will let employees work from anywhere even after Covid-19 pandemic

Spotify has announced it is adopting a 'Work from Anywhere' model, which will allow employees to choose whether they want to be in the office full time, be at home full time

Global spot LNG prices have come back to affordable levels: Petronet LNG

The company is India's largest LNG importer and is aiming for more long-term deals in the next 10 to 15 years, says it CEO

Unlisted companies having listed subsidiaries face greater oversight

May be asked for regular financial results

Cautious India CV outlook could keep Bharat Forge stock under pressure

Company's new initiatives and plans to offset weak oil and gas revenues may take time to play out

The self-regulation toolkit: OCC operators struggle for a fine balance

Arguments over a voluntary code for self-regulation intensify even as the prospect of government intervention looms

NCLT raps Amazon in Future case: Don't be a 'perpetual objector'

Says it has no locus standi in Future's plea to hold shareholder meeting; reserves order

Life without Google: Australia faces unthinkable in spat with search giant

Google opposes a planned law that would force it and Facebook Inc. to pay Australian publishers for news content.

Aurobindo Pharma steady as analysts watch numbers for near-term growth

The company's investments across segments will take at least two years to play out, say analysts

ITC share price falls 4% after weak December quarter results

The stock had run up as much as 40% since November

JSW Cement digitising its sales and marketing operations

JSW Cement, a part of USD 12 billion JSW Group, on Friday said it is digitising its sales & marketing operations.

Amazon integrates Pantry with Fresh in India; provide groceries in 2 hrs

The move would enable the e-commerce giant to simplify the grocery shopping experience for customers.