Page 2741 - Company News

BigBasket loss widens 6.7% to Rs 611 crore, revenue up 36% in FY20

The firm, which is soon to be acquired by the Tata Group, saw its total expenses widen 31 per cent from Rs 3,376 crore in FY19 to Rs 4,433 crore in FY20

India a phenomenal market for Unilever, second only to US: Alan Jope

Outlines blueprint for future growth; India, China and US are key

Reliance deal will save jobs of 25,000 employees: Future Retail lawyer

The Delhi High Court is hearing the appeal filed by Future Retail Limited (FRL) against the Court's order passed earlier this week

Ethics, climate mark 'good business' for investors in tier-2 cities: Study

Investors in tier-one cities-- Delhi, Mumbai, Bangalore, Chennai, Ahmedabad and Hyderabad-said they would stick to traditional business criteria

HCL Technologies signs 5-year agreement with Airbus, plans expansion

The deal will help HCL expand its global footprint, especially in France, Germany and Spain. As part of the deal, the IT major will deliver multiple services from its centres in France

Tech major Realme expects 40% of phones sold in 2021 to be 5G devices

Chinese tech major Realme aims to sell about 10-12 million 5G smartphones in India this year, as it bolsters its portfolio with devices featuring the new technology across multiple price points.

HCL Technologies targeting to hire 1,000 employees at Nagpur facility

The IT firm on Thursday said it plans to add the employees in the next few months

Paras Aerospace, SpearUAV sign MoU to introduce micro-tactical UAV in India

SpearUAV provides unmanned aircraft systems (UAS) solutions for defence and homeland security applications

Strides Pharma to spin off biopharma biz, start vaccines with global player

Entity Stelis Biopharma to require up to $100-mn additional funds in 3 years

HAL, GE Aviation sign over Rs 100 crore contract for supply of forgings

The contract is for development and supply of ring forgings for its Aviation military and commercial engine programs

Amazon opposing deal as Reliance is competitor: Future Retail to HC

Kishore Biyani-led Future Retail Ltd (FRL) on Thursday told the Delhi High Court that Amazon was opposing the Rs 24,713 crore deal with Reliance as the Mukesh Ambani company was a competitor

Adani Transmission December-quarter net profit up 128% at Rs 464 cr

Adani Transmission on Thursday posted a nearly 128 per cent rise in consolidated net profit

Do not foresee material change in Capex profile with 5G: Airtel CEO

Bharti Airtel recently declared that its network is 5G-ready

HPCL chief indicates market forces may slightly raise fuel prices

Company doubles consolidated net profit in third quarter

HAL's order book expected to cross Rs 1 trillion in the next year

Hindustan Aeronautics Ltd (HAL) is a state-run aerospace behemoth

BEML, NAL sign MoU to jointly develop 2-seater trainer aircraft

BEML Limited has signed an MoU with Council of Scientific and Industrial Research (CSIR)-National Aerospace Laboratories (NAL)

Zee Entertainment posts third quarter net profit of Rs 398 crore

Zee Entertainment Enterprise reported a consolidated net profit of Rs 398.01 crore for the third quarter ended December 2020

Hero MotoCorp-backed Ather starts making EV scooters in Tamil Nadu

The plant spreads over 400,000 sq. ft and it will manufacture electric scooters along with lithium-ion batteries

Tata Steel BSL ties up with FarEye for digital transformation process

FarEye is a software logistics firm

Travel aggregator ixigo announces acquiring train ticket app Confirmtkt

Train travel in India is an $8 billion market, with more 25 million passengers shuttling daily before the Covid-19 pandemic struck the country