Page 2790 - Company News

SUN Mobility aims to set up 100 battery swapping stations in Bengaluru

SUN Mobility said it plans to set up 100 battery swapping stations for electric vehicles (EVs) in Bengaluru by the end of 2021

Tata Communications acquires 58.1% stake in eSIM company Oasis

Tata Communications has acquired a controlling stake in France-based eSIM company Oasis Smart SIM Europe SAS (Oasis)

20-year-long DTH licence to provide certainty to industry: Tata Sky

Tata Sky said the government's decision to grant licences to the operators for a longer 20 years would provide certainty to the industry

Quikr has ended animal sales, taken down pet trading listings: PETA India

PETA India claimed that e-retailer Quikr has ended "animal sale" on its portal and taken down "pet trading" ads

Thanks to Reliance, Deal Street grows 7% in value to $80 bn in 2020: Report

The rise is owing to a string of big-ticket deals by Reliance, according to a report

Cairn Energy wins tax arbitration against India: What the case is all about

India lost the Cairn arbitration case. The case was related to the retrospective tax amendment law and the verdict came late night Tuesday. How did the dispute arise? Listen to the podcast for more

Azim Premji, SBI MF invest Rs 350 cr in Tube Investments preferential issue

The money will be used to fund TII's organic and inorganic growth, including acquisition of CG Power and Industrial Solutions and TII's proposed capex

Pharma revenue, margins likely to remain healthy in next fiscal: ICRA

Revenue growth for IPM (Indian Pharmaceutical Market) is expected to be 7-9 per cent in FY2021 despite muted growth in Q1 FY2021

Indian firms see a silver lining in cloud adoption in pandemic-hit year

The Covid-19 pandemic accelerated Cloud adoption by several years in 2020

InMobi's Glance turns unicorn with $145 mn investment from Google, Mithril

Glance delivers AI-driven personalised content in multiple languages including English, Hindi, Tamil, Telugu and Bahasa on the lock screen of Android smartphones

Vodafone arbitration appeal deadline ends today, but govt still uncertain

FM's meeting with officials on arbitration appeal last week inconclusive

Durables makers end 2020 at record low, sales down 30% amid Covid-19

While the countrywide lockdown between late March and May wiped out sales for three months, falling demand after Diwali has been a crippling factor

GM scripts last lap of India journey, to cease manufacturing ops on Dec 24

The company rolled out the last model off its assembly line on October 31 for exports

Govt invites bids for sale of its 63.75% stake in Shipping Corporation

Non core assets of the company are being hived off and will not be a part of the sale

Anil Ambani's Reliance Capital gets 10 more bids for subsidiaries

Earlier this month, the Committee of Debenture Holders had extended the last date for submission of expression of interest (EoI) to December 17, 2020

DHFL bidder selection: Oaktree Capital asks lenders for fair treatment

Oaktree and Piramal Group are engaged in neck and neck competition to get control of the mortgage lender, for which the selection process has entered the final stage

How vernacular platform Dailyhunt plans to take on Facebook in Bharat

The vernacular platform's parent VerSe has become a unicorn after over $100 mn funding from Google, Microsoft and others

P&SB recapitalisation: Centre issues Rs 5,500 cr worth of zero-coupon bonds

P&SB to park investment in HTM category; raises concern

Large cable manufacturers gain as consolidation gathers momentum

Healthy demand uptick and pricing power also improve growth prospects, say analysts

Rising cases of coronavirus put a question mark over metal stocks rally

Analysts see downside risk in stocks as the world economy faces the prospects of fresh lockdowns