Page 2742 - Company News

TVS Motor Company launches 'TVS iQube Electric' scooter in New Delhi

At present, charging units for the scooter are installed across seven locations in Delhi

Britannia Q3 preview: Analysts see 20%YoY jump in PAT, 9% volume growth

Sustained rural demand due to better rural economics driven by a strong kharif and rabi seasons, analysts at Sharekhan believe an over 9 per cent sales' volume growth may support overall numbers

Airbus signs MoU with GMR Group to collaborate on aviation services

The MoU is to explore collaboration opportunities across aviation services, technologies and innovation

Shell profit drops to 20-year low in 2020 at $4.8 billion, raises dividend

Shell's annual adjusted earnings dropped to $4.8 billion, down 71% from a year earlier

Realty firm Godrej Properties' Q3 profit dips 69% to Rs 14.35 crore

During April-December period of the 2020-21 financial year, Godrej Properties clocked a net profit of Rs 2.19 crore, registering a sharp drop from Rs 168.13 crore in the year-ago period

Google Cloud appoints Bikram Bedi as new leader for its India business

Bedi joins Google Cloud from SoftBank-backed online grocery startup Grofers, where he served as president for strategy and new initiatives

IT firm CSM Technologies inks $5.5-million deal in Ethiopia

The deal is for the design and implementation of Integrated Land Management Information System, a paperless and contactless interface for investors to access land-related services

Retail investors hold around Rs 1,000 crore in bankrupt listed companies

Each bankrupt company has around 7,500 retail investors on a median basis

Ultratech Cement to raise up to Rs 3,000 cr via US dollar denominated bond

The company said it is contemplating listing of the Notes on the Singapore Stock Exchange, subject to market conditions

McKinsey agrees to settle claims over role in opioid crisis: Report

McKinsey previously came under scrutiny for its role advising Purdue Pharma and the wealth Sackler family that owns the drugmaker

Bharti Airtel back in the black, posts Rs 854-crore profit in Q3

India unit still in losses; ARPU up, lower than Jio

Sebi sets one-year capital market ban on Kishore Biyani for insider trading

Sebi has also barred Biyani, four others from dealing in shares of Future Retail for two years

Why higher FDI threshold could deepen, widen market for insurance products

Budget 2021 raised the FDI limit in the insurance sector from 49 to 74 per cent

Govt likely to fetch around Rs 15,000 crore from sale of Air India

Prospective bidders are perhaps ascribing zero value to the equity of the financially-stressed company, a source said. The Tata group is being considered a frontrunner for acquiring Air India

PI Industries: Reaping gains from sustained growth across businesses

Strong beat in Q3, positive management commentary sees stock gain more than 9 per cent on Wednesday

After strong Q3 show, Jubilant FoodWorks is back in expansion mode

While revenue growth is expected to stay strong, margins could come under pressure in the near term

14 mn sq ft office parks make Brookfield REIT a long-term bet, say analysts

Pandemic-led growth challenges, higher debt and valuations could cap near-term gains

Hero MotoCorp sets up separate unit to sell Harley motorcycles

Milwaukee-based Harley ended its sales and manufacturing operations in India in September after struggling for a decade to gain a foothold

Flipkart Wholesale starts grocery ops to tap kiranas, small retailers

The digital B2B marketplace is starting its grocery operations in Gurugram and has plans to scale up this business across the country

Reliance gets world's first 'carbon-neutral' oil from United States

Billionaire Mukesh Ambani's Reliance Industries Ltd has sourced the world's first consignment of 'carbon-neutral oil' from the US