Page 2793 - Company News

Wistron plant violence: Enough stocks of iPhone SE 2020, says Apple

iPhone SE 2020 is one of the popular phones like Apple 11, which is the biggest seller in the domestic market.

Wistron sees no major impact of Karnataka plant vandalisation on company

Taiwanese major to continue manufacturing iPhone SE and iPhone 7 models at the unit

Tata Motors to increase commercial vehicle prices from January 2021

Tata Motors on Monday said its commercial vehicle prices will be revised upward from January next year.

Honda Motor to shut Noida plant and cut production of four-wheelers

The Japanese automaker will move all India production to its newer Tapukara plant to the southwest of New Delhi, according to the Nikkei

Google partners with Sheroes to support 500 rural women entrepreneurs

Last year, the tech major had started a small pilot for an accelerator programme for 10 women entrepreneurs in rural India across its Internet Saathi network

Pine Labs' valuation tops $2 bn on closing funding from Lone Pine Capital

Funding makes it country's most valued fintech after Paytm and PhonePe. Pine Labs silent on deal size, industry sources put it at $75-100 million

Reliance-Future deal: Delhi HC rejects plea for injunction against Amazon

Court prima facie finds suit filed by Future Retail is maintainable, Emergency Award valid, and Future Retail's resolution approving deal with Reliance was also valid

Värde Partners, New Vernon's Rs 1,000-cr realty deal hits approval wall

New Vernon's investment panel casts a cloud over Värde's earlier investments

Daimler India announces global competition for early-stage start-ups

Open from Dec 21 to Jan 29; initiative organised in association with Office of the Principal Scientific Adviser to GOI and Invest India

Nayar elevated as KKR chairman, Trehan to head India PE business

Gaurav Trehan from TPG Capital has joined the firm as head of KKR's private equity business in the country

Gulf travel ban imposed for 7-8 days, to hit Indian and West Asian airlines

While India has suspended all flights from UK till December 31, the three West Asian states have stopped air travel from countries around the world for next 7-9 days

Coal India's fuel allocation under spot e-auction rises 59% during Apr-Nov

Fuel allocation by CIL under the scheme also increased to 4.09 MT in November, from over 3.58 MT in the corresponding month of 2019

Most Indians would buy 5G ready phones, Oppo, Samsung preferred brands: CMR

Around 83 per cent people in a survey in India shared that 5G is one of the factors they consider while buying a new phone

Jewellery start-up Melorra enters offline retail, plans 350 stores in 6 yrs

Company to invest $50 mn on foray; stores will be located at malls and high streets across India and range from 500-1,500 sq ft

Mahindra's Korean subsidiary Ssangyong Motor files for bankruptcy

Move comes a week after the troubled automaker defaulted on a loan repayment to JP Morgan

Delhi HC rejects Future's plea for interim injunction against Amazon

On August 29 this year, the Future Group announced sale of its retail and wholesale business to Reliance Retail in a Rs 24,713 crore deal

GMR Infra gets nod from stock exchanges on its proposed restructuring plan

GMR Infrastructure said it has received consent from stock exchanges, with no adverse observations, on its proposed restructuring involving demerger of its non-airport vertical business

AstraZeneca Pharma gets nod from drug regulator to market asthma medicine

AstraZeneca Pharma said it has received marketing authorisation from Drug Controller General of India for Benralizumab solution, indicated as an add-on maintenance treatment for severe asthma

M&M to hike prices of tractors from Jan to offset impact of rise in costs

Mahindra & Mahindra (M&M) said it will hike prices of its its range of tractors from next month in order to partially offset the impact of rise in input costs

India plans tough targets for state-run firms ahead of privatisation push

India plans to set tough financial targets for state-run firms to try to improve valuations ahead of a push by PM Modi to privatise some firms, according to a draft government document and sources