Page 2723 - Company News

SoftBank pulls out of Latin America partnership with Oyo Hotels, ends JV

Oyo has struggled across its markets worldwide as the coronavirus crisis pummeled the tourism industry, and has drastically scaled back its workforce

Hinduja Group arm GOCL Corp reports Rs 32.96 cr profit for Dec qtr

The total income surged 142 per cent to Rs 63 crore during the quarter under review, as against a topline of Rs 26 crore a year ago, GOCL Corporation said in a release

Amazon India to integrate Pantry, Fresh services to simplify grocery

Amazon India said it is integrating its 'Pantry' and 'Fresh' services in cities, including Delhi, Bengaluru, Ahmedabad and Mysore, to offer a simplified grocery shopping experience to customers.

NIIT's up to Rs 237-crore buyback plan gets shareholder approval

The firm on Friday said its up to Rs 237 crore buyback plan has received approval from shareholders

Baytree Investments sells Bajaj Consumer Care shares worth Rs 249 cr

Baytree Investments (Mauritius) Pte Ltd on Friday sold more than 98 lakh shares of Bajaj Consumer Care Ltd worth over Rs 249 crore through an open market transaction.

Infrastructure term lender IFCI posts net loss of Rs 718 cr in Q3

Infrastructure term lender IFCI Ltd on Friday reported a consolidated net loss of Rs 717.99 crore for the third quarter ended December as expenses ballooned amid a drop in income

PC Jeweller reports rise in consolidated Q3 PAT at Rs 129.64 crore

Jewellery manufacturer and retailer PC Jeweller on Friday reported a surge in consolidated profit after tax at Rs 129.64 crore during the quarter ended December.

Omega Seiki launches electric three-wheeler for last mile delivery

Omega Seiki Mobility unveiled its refrigerated electric three-wheeler Rage+ Frost in collaboration with TransACNR for the last mile delivery, particularly COVID-19 vaccine, at the India Auto Show

Ather Energy to invest Rs 635 cr in next five years at TN facility

The firm is looking to scale up production

Alphabet's VC arm backs OnePlus co-Founder Carl Pe's 'Nothing' Company

The funding would help 'Nothing' release its first smart devices in the next few months

Future Group moves NCLT for approval to hold shareholders meeting

Reliance group entities have also moved an application in NCLT seeking approval to go ahead with the amalgamation deal with Future

Pepperfry secures Rs 35 crore in fresh funding from InnoVen Capital

This is the third investment by InnoVen Capital in Pepperfry since 2017

Govt eyes different monetisation models to raise resources for investments

Unlike privatisation, monetisation of assets does not require transfer of ownership to private hands; instead, projects are vested with a trust or a private operator

Top headlines: Digital tax proposal may end up in court, Ruia's faith

Amit Shah said the process of granting Indian citizenship to refugees under the CAA, will begin once the process of Covid-19 vaccination has ended. Read top stories with Business Standard

Tata Motors launches founders' edition for Tata group employees

This limited edition line has been designed as a tribute to JRD Tata, Tata Motors' visionary founder. These select cars and SUVs will carry an insignia of JRD Tata

Sun Pharma, 7 executives settle dispute with Sebi; pay Rs 2.92 cr

Two whistle blowers had alleged that Sun Pharma and its subsidiary Sun Pharmaceutical Laboratories diverted funds through its sole distributor in India Aditya Medisales

Pawan Ruia's Air India bid is another example of faith in his own abilities

The move, even by his standards, seems bold. Especially, when his companies - Jessop & Co, Dunlop - that earned him the moniker "turnaround tycoon", are facing liquidation

Unacademy, Dream11 eye IPL 2021 title rights; Vivo may exit sponsorship

Vivo likely to exit sponsorship; Byju's ruled out

Aditya Mittal appointed ArcelorMittal CEO; father to be executive chairman

Aditya Mittal is now president, chief financial officer (CFO) and chief executive officer (CEO) ArcelorMittal Europe.

NHPC reports 50% rise in net profit to Rs 961 crore for Dec quarter

State-owned hydropower giant NHPC reported a 50 per cent rise in its consolidated net profit to Rs961.64 crore for the December quarter.