Page 2844 - Company News

Chinese President Xi Jinping decided to halt Ant's $37-billion IPO: Report

China's President Xi Jinping personally decided to pull the plug on Ant Group's $37-billion (£28 billion) IPO, the Wall Street Journal reported, citing officials with the knowledge of the matter

India Inc hands out an austerity parcel to employees this festive season

With contactless exchanges becoming the new normal, companies are preferring e-gifting options.

Locked Amit Shah's account due to error, restored immediately: Twitter

Twitter said they had temporarily locked Shah's account 'due to an inadvertent error' on November 12 and clarified that the decision was reversed immediately and the account restored

Disney revenue better than expected as it starts climbing out of Covid-19

Walt Disney reported quarterly revenue that was better than Wall Street expected as live sports returned to ESPN and the company's theme parks began recovering from shutdowns due to coronavirus

Instacart taps Goldman Sachs to lead IPO at $30 billion valuation: Report

Instacart has picked Goldman Sachs to lead its IPO, which could come early next year and value the US grocery delivery app at around $30 billion, people familiar with the matter said

WeWork losses mount but 'seismic shift' in office use seen helping recovery

WeWork's revenue declined in the third quarter but its cash burn slowed, a company memo showed, with management confident it can weather the hit to the office sector from Covid-19

Despite the dispute with Amazon, new 'future' awaits Kishore Biyani

Despite the dispute with Amazon, Future group and Reliance seem determined to execute their nearly Rs 25,000-cr transaction. What is Kishore Biyani left with?

Restricted imports bode well for tyre companies: CEAT's Anant Goenka

The RPG flagship is riding high on a strong order book, will go ahead with investment plans to ramp up production to meet the domestic and export needs

PE/VCs pumped in $8.4 billion in Oct 2020, growth of 163% over Oct 19

Significant jump in PE/VC investments was primarily on account of investments worth $3.3 billion made in Reliance Retail Ventures

Future Retail lawyer likens Amazon to East India Company over 'kill' remark

Counsel Harish Salve tells court Future may go bust, thousands may lose jobs due to Amazon's interference

With $40 billion, private equity players hope to better 2019 investments

RIL shores up the numbers, with $17 bn through PE, sovereign funds in 3 deals

Serum to have 200 mn doses of AstraZeneca coronavirus vaccine ready by Jan

Pune company recruits over 1,600 participants in India for phase 3 trials of Covishield.

Improving prospects indicate Coal India stock may have bottomed out

Rising sales volumes and uptick in realisations during second half should lift the coal miners performance

Eicher: Near term margin pressures, volume key metrics to keep track of

Product pipeline, network expansion should help tap the uptick in recovery

Jhunjhunwala firm buys Indiabulls Real Estate shares worth nearly Rs 29 cr

Rare Enterprises bought 50 lakh scrips of the company at an average price of Rs 57.73 apiece, as per NSE''s bulk deal data

Allcargo Logistics moves 76-mtr long super-sized cargo for L&T Hydrocarbon

Firm says this is one of the largest over-dimensional cargo movements in India

TCS acquires Pramerica Technology Services from Prudential Financial

No cash will change hands and TCS will take on more than 1,500 Pramerica employees.

Wipro rejigs structure, operating model under new CEO to broad base growth

The company to have four strategic market units and two business lines

PLI schemes to boost food and electronics exports: Industry leaders

The government's support will boost India's local production capabilities and export, they said

PLI scheme: Telecom eligibility criteria for companies may be raised

The incentive for companies that achieve these targets will remain 4-6 per cent