Page 2752 - Company News

Subdued Q3, few near term triggers to keep RIL stock under pressure

Debt reduction, gains from digital priced in

Prices in India haven't gone up to global level: Seshagiri Rao of JSW Steel

In a Q&A, the firm's Jt MD and CFO says he does not see the govt taking any action on steel import duties, based on 'wild allegations' made on price hikes

Firms' next challenge: Handling staff refusing to take Covid-19 vaccine

Top European biz group with representation from top firms to approach govt for guidelines

Reliance Industries spins off oil-to-chemical business into new unit

O2C unit holds the firm's oil refinery and petrochem assets and retail fuel business but not upstream oil & gas producing fields such as KG-D6 and textiles business.

Soap war: HUL counters Sebamed pH campaign on suitability for skin

Says overall composition of soap matters, not its pH value; Sebamed says new vocabulary

India Inc's big boys get bigger still as unorganised market shrinks

Q3 results point to the trend; consolidation will continue, say analysts

BSNL-MTNL merger shelved as GoM says not feasible; Cabinet to meet soon

Move to merge may erode BSNL value, say officials

Discoms discover tech, aim to automate grid operations for service delivery

Adani Electricity Mumbai (AEML), for instance, is upgrading its grid infrastructure with investments in automation and using technology-enabled service delivery, processes and training modules

Hyundai makes a 'Smartivity' move to take on rivals in SUV market

The car-maker grew market share marginally, thanks to an early focus on 'smart mobility' but it's in the competitive and fast-growing SUV market that this strategy will be truly tested

Luminous aims Rs 6,000-cr turnover by FY25, to invest Rs 500 cr in 3 yrs

Luminous Power aims to achieve a target of Rs 6,000 crore turnover in the next five years, helped by its solar and the home electrical businesses, said a top company official

Online grocery to grow 8 times in 5 years in India, JioMart big gainer

As the e-commerce battle intensifies in India, with Reliance Retail's JioMart being the latest major entrant with a potential to disrupt the space, the next big thing is delivery of groceries online

Morgan Stanley CEO's annual pay rises by over 20% after bank's success

Under James Gorman, Morgan Stanley produced net income of $11 billion, compared with $9 billion a year ago.

Luxury carmakers rev up in India, plan over 50 new models after Covid pain

With over 50 new launches this year, super-premium marques are taking a calculated bet on the Indian market that touched a decadal low in 2020

Coal India says geared up to meet surge in fuel demand from power sector

State-owned Coal India Ltd said that it is well geared to meet any surge in demand for coal from the power sector

GM warns Maharashtra's move to block its exit could hit investment

GM said it planned to seek a reversal of the state's order as soon as possible

Tata Power Solar wins Rs 1,200 cr order from NTPC to set up 320 MW project

The order value of the project is approximately Rs 1,200 crore ( USD 162 million). The commercial operation date for this project is set for May 2022

Telcos want govt to clarify onus of security breach post NSD rollout

Under the current rules, telecom operators are held responsible if there is any security breach in their network

Ambani's Reliance Jio doubles down on 5G service pledge after record profit

The group's wireless operator, Reliance Jio Infocomm Ltd. -- India's largest -- has started advance tests to prepare the fifth-generation, high-speed network

Serum fire: No angle ruled out, says CM as Poonawalla pegs loss at Rs 1K cr

Five contractual labourers died in the fire that broke out in a five-storey building in the SII's Manjari premises in Pune on Thursday.

1,500-acre logistics park set to come up near the auto hub of Sanand

Spread across 1,450 acre at Virochan Nagar, the park is expected to attract investments worth Rs 50,000 crore in the logistics and transport space