Page 2721 - Company News

Demand reviving for commercial vehicles across all segments: Ashok Leyland

Company's market share in truck segment rose to 28.1 per cent during the third quarter of 2020-21 from 24.9 percent, a year ago.

ONGC takes leaf out of Reliance's book, floats subsidiary to buy own gas

ONGC may use the new subsidiary to buy any new gas that the firm produces from fields such as KG-D5 in the Krishna Godavari basin, people with direct knowledge of the matter said

Domestic iron ore supplies may take time to ease

JSW Steel, AM/NS hold the key to iron ore supply woes

Higher EV share, FY22 auto rebound to support Motherson Sumi's revenues

Increased utilisation, improving margins and lower debt are profit triggers going ahead

Ant Financials is a great role model: Flexiloans.com co-founder M Lunia

Our endeavour has been to serve deserving MSMEs that have hitherto been either unserved or underserved, said Lunia

Snapchat users top 60 mn in India; over 150% growth in daily active users

Snap Inc Managing Director (International Markets) Nana Murugesan said the company aims to continue building on the growth momentum across product development

Amazon launches seller registration, account management services in Marathi

E-commerce major Amazon on Sunday said sellers will be able to register on the Amazon.in marketplace and manage their online business in Marathi

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