Page 2734 - Company News

Tata Boeing Aerospace to make 737 Vertical Fin Structures in Hyderabad

Boeing on Friday announced the addition of a new production line at its joint venture Tata Boeing Aerospace Limited (TBAL)

Sanofi posts stronger-than-expected result in Q4, eyes more cost cuts

The French company, which stunned investors last year with the delay of a COVID-19 vaccine candidate, confirmed an operating income margin target of 30%

Rise in onshore hiring, Covid-19 may reduce visa demand in tier-I IT firms

Last year, Infosys revealed plans to hire 12,000 American workers over the next two years, bringing its hiring commitment in the US to 25,000 over five years

Cyient plans to build software for telcos rolling out 5G networks

The IT company is set to compete with the likes of Tech Mahindra, Altiostar, Rakuten

Suzlon December quarter loss narrows to Rs 118 crore on higher revenues

Total income from operations rose to Rs 959.52 crore in the quarter under review, from Rs 672.99 crore in the same period a year ago

PayPal to shut shop in India from April 1, focus on global customers

PayPal was a payments options on many Indian online apps such as travel and ticketing service MakeMy Trip, online film booking app BookMyShow and food delivery app Swiggy

Seeing positive signs, but aviation still in eye of storm: Airbus India

Indian airlines are currently carrying 60 per cent of the total pre-Covid domestic passengers and this is better than most countries in the world

Samsung considers Austin for $17 bn chip plant, eyes tax breaks: Report

The tech giant is seeking combined tax abatements of $805.5 million over 20 years from Travis County and the city of Austin, among other tax breaks, according to the documents

Top headlines: BSE firms' m-cap tops Rs 200 trn, RBI's plan to revive PMC

Walmart-owned digital payments firm PhonePe has distributed ESOPs (employee stock ownership plans) worth $200 million among its 2,200 employees. Read top news with Business Standard

PhonePe distributes ESOPs worth Rs 1,500 crore among all employees

The digital payments firm has rolled out the compensation to all its employees ranging from software engineers, product managers to customer experience and on-ground sales agents

Red-hot rally: BSE firms' market capitalisation crosses Rs 200 trillion

India's market cap-to-GDP ratio is now over 100%

Founders of Asia's family-owned companies seek private equity exit

Publicly listed family firms in Asia have a market capitalisation of more than $5.56 trillion; analysts say change in their ownership could be seismic.

Celebrity brand valuation: Virat Kohli tops, Ayushmann Khurrana gains

Despite the pandemic battering the movie business, the top 10, with the exception of Kohli, were exclusively film stars

Television advertising volumes up 23% in January, shows BARC data

It can be noted that the pandemic led to a drop in economic activity which impacted advertising deeply.

Reliance arm sheds entire stake in Pennsylvania shale assets for $250 mn

Citigroup Global Markets acted as financial advisor to Reliance and Gibson, Dunn & Crutcher LLP served as its legal counsel

Airtel says it's improving network, seeks 'full footprint' in spectrum

Telecom company announced a net profit of Rs 854 crore, after six quarters, this week

Option to remain a large NBFC 'very much on the table': HDFC group CEO

Mistry said he was confident that bounce back in demand for home loans would continue

SBI: Turning over a new leaf, poised to benefit from credit growth

Stress on the asset quality front is at a multi-quarter low; bank ups PCR to 90 per cent

High valuation and margin concern may limit rally in Apollo Tyres

Healthy volume outlook, focus on debt reduction are key positives, say analysts

Sebi ban on Biyani, others won't impact deal with Reliance: Future Retail

Future Retail said Sebi's one-year ban on its Chairperson Kishore Biyani from the securities market will have 'no impact' on the deal with Reliance