Page 2797 - Company News

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

IFC invests $30 mn in Biological E to boost Covid-19 vaccine production

The loan will support the pharmaceutical firm's expansion of low-priced, generic vaccines for routine immunisation of children and to boost capacity for manufacturing any future Covid-19 vaccine

SC reserves order in Tata plea against tribunal restoring Mistry as chief

The apex court had on January 10 granted relief to Tata group by staying the NCLAT order of December 18 last year by which Mistry was restored as the executive chairman of Tata Sons

Tata Motors to buy partner's stake in bus joint venture for Rs 100 crore

The company will purchase the balance 49 per cent shareholding in Tata Marcopolo Motors (TMML) for a cash consideration of Rs 99.96 crore, it said

Apollo Global, I Squared Capital rival Vedanta for buying stake in BPCL

Vedanta currently holds a controlling stake in Cairn Oil & Gas, India's largest private sector crude oil producer, and maybe the keenest to diversify into the refining business

Anil Agarwal, Centricus to invest $10 billion in Indian companies

It's not clear whether the partnership will be through Vedanta Group firms

Laxmi Prasad: Air India bidder who tried to buy everything under the sun

Prasad is putting his financial muscle behind the employees' resolve to run the airline

Airtel, Jio, Vodafone have to fork out Rs 44,000 cr for 4G spectrum auction

This will be for merely renewing all the spectrum that expires in the 800, 900 and 1800 bands next year

Diversified base offers several growth opportunities for Jubilant FoodWorks

Valuations, however, are factoring in near-term benefits of growth and consolidation

Pawan Munjal's Covid mantra: every crisis is an opportunity, don't waste it

Says Hero MotoCorp had the best ever month of October since it started in 1985 with highest production, dispatch and sales in a day

Battery makers charged up for next leg of growth on replacement demand

Pick-up in industrial consumption, relatively benign lead prices point to improved earnings prospects

Antony Waste aims second shot at listing after failure of IPO in March

The company will launch its Rs 300-crore IPO again on December 21 in a price band of Rs 313-315 per share

Mrs Bectors subscribed 198 times, highest ever for a Rs 200-cr plus IPO

Generated bids worth over Rs 40,000 cr. Previously, only three tiny issues have garnered more than 200x subscription

IKEA to open Navi Mumbai store Friday; plans more investment in Maharashtra

The world's largest furniture retailer IKEA said it will open its second store in the country in Navi Mumbai on Friday and plans to invest around Rs 6,000 crore in Maharashtra over the next 10 years.

Amazon Internet Services reports 54% rise in revenue to Rs 4,216 crore

The revenue of the company was fully generated from services called 'other data processing, hosting and related activities' and other information technology services

Lakshmi Mittal's journey a year after he came home to buy Essar Steel

It has been a mixed bag for the firm he renamed AMNS India, and while the pain of the downturn and the pandemic has subsided, other issues remain

Trade union slams Karnataka govt for failing to protect workers at Wistron

The protest on Saturday over months of alleged underpayment of wages at Wistron's factory in the southern Indian state spiralled out of control after police were summoned

BPCL board approves buying out Oman Oil's stake in Bina refinery

The board also approved a proposal to approach the Madhya Pradesh government for acquiring 2.69 crore warrants held by it in BORL