Page 2796 - Company News

Smaller steel producers trail top six players in scaling up production

Shortage of iron ore, spike in input costs are the major impediments

Chinese hackers targeted Indians with e-shopping scams, says report

The hackers created bogus links and asked internet users to click on them to participate in online contests and win prizes

Razorpay gears up to digitise small businesses; aims at $50 bn TPV by 2021

Due to lack of trust, new merchants usually see 30% higher cart abandonments on the checkout page as compared to established merchants; Razorpay is aiming to change that

Prestige Estates, Century in talks to develop Rs 600-crore property

Bengaluru asset has a development value of Rs 12,000-14,000 crore

Furniture retailers prepare for road ahead as Ikea expands India footprint

Players counting on omni-channel retail, affordable products

RIL, BP find gas from KG Basin's R-cluster, Asia's deepest offshore field

The two companies are developing three deepwater gas projects in block KG D6, which together are expected to meet 15 per cent of India's gas demand by 2023

Zomato valuation crosses $3.9 billion after closing $660-million financing

The company CEO said marquee global investors share the company's enthusiasm about the future of this business

After a frenzied day-one pop, most IPO superstars often bite the dust

Four of the five most-subscribed initial public offers are down 12-71% over day-one listing gains

Zenoti hopes to redefine wellness, grooming industry to make it Uber-like

Born out of a small Hyderabad office in 2010 with business spread across the US, the UK, Australia and West Asia, Zenoti is the newest SaaS (Software as a Service) success story coming out of India

Infosys divests partial stake in US-based Whoop for about $10 million

IT services major Infosys on Friday said it has divested one-third of its holding in US-based Whoop for about USD 10 million (about Rs 73.5 crore).

Recent multiple deal wins point to improved outlook for L&T Technology

Analysts have revised their growth guidance for FY22

Federal Bank: Ripe for re-rating despite guidance in run-rate of slippages

Strong growth is expected to counter the likely asset quality issues

Titan shines as focus shifts from recovery to demand-led growth

Healthy demand for wedding jewellery, market share gains boosts share price to all-time high

Zoom's Christmas gift: No cap on call length for free users during holidays

This covers the Christian celebrations of Christmas Eve and Christmas Day, the end of Hannukah for Jews and Kwanzaa marked by African-Americans, as well as New Year's Eve and New Year's Day

Tirupur's textile units ask spinning mills to resume cotton supply

They allege that the latter stopped supplies without reason, say that this could hugely impact export biz

Riot-hit iPhone supplier Wistron hired more than it could handle: Report

The rapid expansion stretched the company's systems and sapped the bandwidth of its management team

Indian retail executives accelerate cloud adoption amid pandemic

More that one in two retail executives in India feel their company is accelerating Cloud adoption in response to the Covid-19 pandemic

Flipkart onboards 35% more sellers in 2020 amid e-commerce surge

Online shopping has surged amid the pandemic this year

Trusted or not? DoT allows Huawei to test telecom gear; official moved out

In what appears to be a slip, a DoT wing granted certificates to Huawei India last month to start the testing process of gears, according to a source

Barely a week before the deadline, IBC resumption hangs in balance

The official said that while on the one hand green shoots were visible in the economy and the stock market was booming, on the other things were not moving under IBC