Page 2773 - Company News

Uber, Ola face DG-GST Intelligence probe related to alleged tax evasion

Summons issued to officials of the two firms for hundreds of crores of alleged evasion

Flipkart, NITI Aayog collaborate to enhance Women Entrepreneurship Platform

Walmart-owned Flipkart on Monday said it has partnered with Niti Aayog to launch the revamped Women Entrepreneurship Platform.

Vistara to operate daily flights on Delhi-Sharjah route from Jan 20

Full service carrier Vistara said on Monday it will be operating daily flights between Delhi and Sharjah from January 20 onwards

Amazon writes to Sebi again, urges it to suspend review of Future-RIL deal

This is the sixth instance of the e-commerce giant writing to Sebi on the matter

Successful resolution of Dewan Housing Finance Corp critical for banking

Reports suggest a minimum upside of 35 per cent from the bid process of the lender

BSNL, MTNL turn EBITDA positive in first half of FY21: Telecom Department

State-owned telecom companies BSNL and MTNL turned EBITDA positive in the first half of financial year 2020-21, DoT said on Monday

IFC to fund Parag Milk's working capital needs, long-term expansion plans

Parag was established in 1992 and is one of India's largest dairy companies

BHEL secures Rs 450 cr order for steam and power plant from NALCO

BHEL said it has bagged an order worth Rs 450 crore for a steam and power plant from National Aluminium Corporation Limited

Volkswagen Finance acquires majority stake in KUWY Tech for undisclosed sum

KUWY is an Automotive FinTech Company, powering Instant Lending across Point of Sale

Nao Spirits and Beverages raises $2 million led by existing investors

Nao Spirits and Beverages on Monday said it has raised $2 million (around Rs 15 crore) in a funding round led by existing investors, family offices and a boutique VC firm

AGC Networks raises Rs 225 crore via issuance of warrants to promoters

AGC Networks Limited, a part of Essar Group, on Monday said it has raised Rs 225 crore through issuance of convertible warrants to promoters and promoter group of the company

Some lending apps thrive on India's Google Play despite policy violations

At least 10 Indian lending apps on Google's Play Store, which have been downloaded millions of times, breached Google rules on loan repayment lengths aimed at protecting vulnerable borrowers

Air India's longest direct route all-women team flight lands in Bengaluru

In a historic move, Air India's longest direct route flight with the all-women pilot team landed at Kempegowda International Airport in Bengaluru from San Francisco

After strong performance in Q3, near-term margin worries for Dmart

Supply issues, higher raw material costs are headwinds

Saturated gas pipeline elicits strong responses from IGGL and NRL

The move to declare the pipeline a common carrier may clog capacity of the pipeline with more entities wanting to opt for this cheaper means of gas transport

After a year of disruptions, smartphone makers betting on 5G booster

Handset manufacturers are poised for a sharp rebound this year - as much as 20 per cent growth thanks to consumers embracing digital technology faster than ever

War brews between Hindustan Unilever, Sebamed over soap ad campaigns

Sebamed alleges HUL soaps have high pH factor; latter responds with own ads

Sustainability vs profitability: Auto companies walking a tightrope

Prices of key commodities, including steel, rubber, rhodium and platinum have seen a jump. Passing on the full cost increase may not be prudent as it may dissuade buyers

Bright outlook: Sun Pharma to Cipla, drug firms set for Q3 health boost

Analysts expect earnings growth to be in the range of 30-40 per cent for drug firms owing to both domestic recovery as well as strong export opportunities

Hines' India arm to launch third-party asset management business this year

Globally, its asset management business includes 344 properties (143.7 million square feet). Recently DLF bought Hines' stake in One Horizone Center for Rs 780 crore