Page 2762 - Company News

'As promised': Elon Musk confirms Tesla's India entry with 2-word tweet

Tesla CEO Elon Musk has confirmed the company's plans to enter the Indian market, within days of the electric vehicle maker registering its arm in the country.

Stores closed by farmer protests cost Reliance, Walmart millions in revenue

In November, Punjab estimated economic losses from the protests at $4 billion, while one industry group has pegged the overall hit to India's economy at $9.6 billion

Former Star India CEO Uday Shankar, James Murdoch team up for new venture

Entity to focus on digital media, say industry sources

RBI tweaks FEMA regulations, gives wings to recycling of aircraft

Till now, export of planes in knocked-down condition was not allowed

Flipkart to Oyo, top 4 unicorns account for half of combined valuation

Indian unicorns notch up valuation of $128.9 bn in 2020; several looking at IPOs

From Tatas to RIL, India Inc goes into hiring mode as demand picks up

IT and auto lead the spurt in hiring so far; most of the jobs for junior or entry levels

Indiabulls Housing Finance in talks with PEs to sell 15-20% stake

Investor to become single-largest shareholder; Sameer Gehlaut likely to step down as promoter

Strong deal pipeline, auto sector recovery positive for Tata Elxsi

A 56 per cent stock uptick since December caps upside

Sustained auto sector recovery, margin gains to support Bosch stock

Higher content share in BS-VI, two-wheeler electric vehicles offer incremental opportunities

Top investor association objects to Franklin's voting process on six funds

Seeks proportional representation of unitholders in letter to regulator

TCS market capitalisation touches all-time high of Rs 12 trillion

Currently, TCS is India's second most valuable firm after Reliance Industries (RIL) which has a market cap of nearly Rs 12.9 trillion (includes market cap of partly-paid up shares)

Share sales gather pace as mkt turns buoyant, valuations hit lifetime highs

Investment bankers said more IPOs including that of Home First Finance Company, RailTel Corporation of India, Kalyan Jewellers India, Stove Kraft and Suryoday Small Finance Bank will be rolled out

Boost for Airtel as MSCI mulls greater weighting for stock in Feb review

The move follows increase in foreign investment limit in the telecom major from 49 per cent to 100 per cent

Tata Consumer could become next FMCG scrip added to Nifty: ICICI Securities

Says the firm is on course to replace state-owned Gail India in the widely-followed index during the semi-annual review set for March

HAL stock takes flight on robust order book, indigenisation focus

The over Rs 47,000 cr light combat aircraft order has boosted growth prospects, while valuation remains reasonable

Tata Group puts post-pandemic bet on digital, electronics and health

Tata has already made public its intent to launch an umbrella app enabling access to all its consumer businesses

Power Finance Corp to launch maiden public bond sale for retail investors

PFC is planning to raise Rs 5,000 crore in the first tranche, proceeds to be used for funding projects in the renewable energy and transmission & distribution segment

Amazon urges Sebi not to issue NOC for $3.4 bn Future-Reliance deal

The Jeff Bezos-led e-commerce giant has further urged the markets regulator to direct the Indian Stock Exchanges to do the same

Telcos remind users to prefix 0 for landline to mobile calls from Friday

Telecom operators have informed subscribers that they would need to prefix '0' for making calls from landline to mobile phones from January 15, in line with the telecom department's recent directive.

IT companies revenues to grow up to 9% in FY22 on tech demand: Icra

Demand for digital technologies and resumption of normal economic activities will drive sales for IT companies, and the sector will post a revenue growth of up to 9 per cent in 2021-22, a report said