Page 2837 - Company News

Covid-19 blues, funding crunch, made Urban Ladder do a fire sale to RIL

Urban Ladder was valued at around Rs 1,200 crore in 2019 and this dropped to about Rs 750 crore in 2019

Flipkart acquires augmented reality company Scapic for undisclosed sum

With the pandemic bringing about a change in consumer behaviour and an increase in online adoption, Flipkart has been focusing on enhancing consumer experiences by strengthening tech capabilities

Flipkart, PhonePe monthly active customers at 'all time high': Walmart

Walmart International CEO Doug McMillon says group committed to high-value markets like India.

5G smartphones' market share rise even as service roll-out remains distant

While timing of 5G spectrum action is unclear, over 1 million 5G smartphones entered market in Sept quarter

PMS players face power of attorney worries amid Covid-19 pandemic

Getting signatures on physical documents a concern amid Covid-19 pandemic

Aviation and hotel stocks soar sharply on coronavirus vaccine hope

Shares of firms in the sectors have outperformed Sensex in November

Just 1% firms keen on one-time debt recast as biz outlook improves: Crisil

This is despite the fact that two-thirds of Crisil-rated entities are eligible for restructuring, based on Kamath Committee parameters

Inconsistent growth across segments to weigh on Godrej Consumer valuations

Household insecticides and Indonesia disappointed in Q2 after strong Q1 show

Bottom line swells for tea firms on lower crop, higher at-home consumption

Industry says Q3 of FY21 also likely to be good; Moreover, there will be no dry period as North Indian gardens observe closure during winters

Malaysia's AirAsia Group reviewing India investment, hints at possible exit

Operations in India, like those of its now-shuttered Japan business, have been draining cash and adding to the group's financial stress

Pfizer moves US court against Aurobindo Pharma, Dr Reddy's on cancer drug

Pfizer Inc alleged that the drug makers were planning separately to come out with generic versions of its blockbuster multi-billion dollar drug Ibrance (palbociclib) before expiration of its patent

Wipro shareholders approve up to Rs 9,500-cr buyback plan at Rs 400/share

IT services major Wipro on Tuesday said its shareholders have approved its up to Rs 9,500 crore share buyback plan.

EESL sets up new company offering solar solutions to India's farmers

'Convergence' to focus on solar irrigation pumps, reduce cost of clean power for farmers

Centre seeks time to appeal int'l arbitration award in Vodafone's favour

Additional Solicitor General (ASG) Chetan Sharma said the decision is to be taken by the empowered committee of the Central government, which has not met

SBI set to offer Rs 5000 cr loan to Adani coal project in Australia: Report

The loan agreement between SBI and Adani Group is reportedly nearly done and a ratification is expected from the bank's executive committee soon

Second quarter was the best earnings season across sectors in many years

Corporate commentaries across the sector suggest continued demand recovery in Q3, underpinned by a healthy start to the festive season

ONGC doubles down on spending to make up for lost time due to Covid-19

The government is looking at increased public spending to give a boost pandemic-hit economy

Covid-19 impact: Textile, paint makers roll out antiviral layer to ads

Almost each of these companies has a different technology to show for the effectiveness against microbes.

Indian oil firms need to lure foreign players to unlock resources: Pradhan

India is the world's third biggest oil importer

Samsung's R&D spending rises again in third quarter; jobs at record high

Samsung Electronics has said its research and development (R&D) spending for the first nine months of the year hit a record high of $14.3 billion amid the Covid-19 pandemic.