Page 2751 - Company News

Confident of staying in the 5G race, says Huawei India CEO David Li

The Shenzhen-headquartered firm, which has been facing the fallout of the ongoing geopolitical situation, believes it would continue to participate in India's telecom journey

OneWeb secures funding from SoftBank Group, Hughes Network Systems

With the investment, SoftBank will get a seat on OneWeb Board

Fullerton India CEO Nambiar quits, firm reshuffles senior management

NBFC also announced senior leadership changes

New launches pick up, but home sales yet to revive amid Covid-19 pandemic

New launches bounced back - registering 12 per cent growth in the October-December quarter.

Banks vote in favour of Piramal offer for DHFL, see holes in Oaktree bid

With this Piramal succeeds in getting the requisite 66 per cent voting, says source

Bad Bank: Good idea, but timing and execution being questioned

Without beefing up the regulatory framework, moral hazard may outweigh advantages, say experts

Crompton Consumer: Strong demand, mkt share gains may help sustain growth

Jefferies estimates a 13% annual growth in topline during FY20-23, as well as margin expansion

Domestic air traffic slips to 7-year low in 2020 amid Covid-19 lockdown

In calendar year 2020, domestic airlines flew 63 million passengers, compared to 144.1 million in the previous year.

Deal wins, digital demand put IT companies back on growth track

Margins too surprised positively on higher offshoring and utilisation

Public sector IPOs warm up to anchor investors a decade down the line

Centre for the first time exercises provision for IRFC issue

Mahindra Group registers interest to seek Covid-19 vaccines for employees

Diversified Mahindra Group on Friday said it has registered interest to seek COVID-19 vaccines for its employees, as per priorities and sequence to be specified by the government.

Second-hand car business on high speed in India amid Covid-19 pandemic

The pandemic has accelerated the second-hand car business to the point of a demand-supply imbalance

Retail book of SAIL OFS subscribed 2.4 times, shares end 4.4% higher

Following share sale, govt's stake in SAIL will decline by 10 percentage points from current 75%

Gas distribution giant GAIL announces Rs 1,046.35 cr share buyback

GAIL looks to return surplus cash to shareholders, the biggest being the government of India

Info Edge stock rides high on hopes of economic revival, Zomato IPO

Shares have rallied 42% since November to a record high of Rs 5,876.05 on Jan 6, before taking a breather

Pharma industry has risen to occasion during the pandemic: Satish Reddy

He said the crisis itself presented the industry with several opportunities and allowed us to think differently

Adani, GMR, Godrej eye revamp of Chhatrapati Shivaji railway station

Project cost pegged at Rs 1,642 crore for creating a City Centre Rail Mall

HCL Tech Q3 net profit up 31%, crosses $10-bn revenue milestone in 2020

Revenue is expected to grow 2-3 per cent in constant currency terms in Q4 while EBIT outlook for FY21 is now 21-21.5 per cent, up from 20-21% announced previously

Inclusion in USTR report on notorious mkts list is ill-informed: Snapdeal

Snapdeal, along with four Indian shopping complexes, two of them in New Delhi alone, have figured in the latest 2020 Review of Notorious Markets for Counterfeiting and Piracy

PFC's Rs 5K-cr bond issue subscribed 94%; likely to close on Monday

State-run Power Finance Corporation's Rs 5,000 crore taxable non-convertible debentures issue was subscribed 94 per cent on the first day on Friday and is likely to close on Monday, a source said.