Page 2845 - Company News

Religare case: Delhi court dismisses bail plea of ex-CEO Maninder Singh

Additional Sessions Judge Sandeep Yadav dismissed the bail plea of Singh, arrested on October 27, considering the severity and seriousness of the crime allegedly committed by him.

Future of retail at stake: Why Amazon is feuding with Biyani and Ambani

Amazon is willing to 'sink the ship' but doesn't want Reliance to acquire Future's assets, says one analyst.

Jubilant FoodWorks shuts 105 stores in July-September quarter

Jubilant FoodWorks Ltd, which operates fast-food chains Domino's Pizza and Dunkin' Donuts, closed a total of 105 stores in the July-September quarter, the company said.

PFC, REC sanction loans worth Rs 1.18 trn under discom liquidity package

Both the firms have disbursed around Rs 31,100 crore under the package

Microsoft, NASSCOM aim to skill 30,000 Telangana youths in AI by 2021

The initiative, which aims at skilling one million youths in AI by 2021, was launched on Thursday

EdelGive Hurun ranks Vedanta's Anil Agarwal among top India philanthropists

Agarwal's contribution this year has risen by 90 per cent from previous

Covid-19 impact: Emirates posts $3.4 bn half-year loss in more than 30 yrs

Emirates had reported a 862 million dirham profit for the first half of the previous year

After worst decline in a decade, Indian companies see profits rebound

Aggregate net income of 46 NSE Nifty 50 members grew 4.8% from a year earlier in the quarter through September, according to data compiled by Bloomberg

Australian conversational AI agency Versa forms a joint venture with Mogae

Mogae's co-founder Tanya Goyal will be Versa India's chairperson

Zydus completes phase 2 clinical trial in Covid patients with bio-therapy

Zydus Cadila said it has successfully completed a phase 2 clinical trial In Covid-19 patients with its biological therapy, 'PegiHep', and it will now begin phase 3 clinical trial.

Boeing raises 20-year forecast for China aircraft demand despite pandemic

The forecast makes the country a bright spot in the aviation market even as Covid-19 decimates global deliveries over the next few years

Lufthansa reaches crisis deal with union to cut 200 million euros in costs

German airline Lufthansa said it had reached a new deal with trade union Verdi to cut 200 million euros (£178 million) in costs in return for making no compulsory redundancies in 2021

Google curtails free photo storage, pushes users to buy more space

More than 1 billion people use Google Photos each month, but the company estimated fewer than 20 per cent of them will need to upgrade for extra storage in the next three years

CV sales pick up but analysts don't bet on manufacturers' optimism

The recovery in core industries and resultant manufacturing output have increased freight demand for transporters, which in turn has supported CV sales

Maruti's S-Presso mini SUV does poorly in global agency's safety test

Carmaker defends mini SUV, says 'safety cannot be left to the opinion of any self-proclaimed party'.

NCLT directs ArcelorMittal to pay Rs 1,300 cr for use of slurry pipeline

Tribunal responds to Srei Infra plea, holds charges for use of slurry pipeline for running Essar Steel as a going concern during CIRP period are insolvency resolution process costs

Amazon accuses Future Retail of insider trading, asks Sebi to investigate

It remains to be seen whether Indian courts and regulators will side with Amazon or Future Retail

Green shoots of recovery visible in retail business, says RAI survey

The association said it had conducted a survey among its members and found that the decline in retail business had narrowed to 31 per cent in October

M M Murugappan steps down as chairman of 3 Murugappa group firms

Vellayan Subbiah to take over as chairman of Cholamandalam Investment

Fuelling demand: Start-ups show interest in doorstep delivery of diesel

OMCs to come up with fresh EoIs on Nov 15