Page 2864 - Company News

Steel set to get costlier by 10-20% for auto manufacturers amid recovery

Though steel companies had to wait to finalise prices, the wait may have proved advantageous for them. Prices have been on an upswing since the country started unlocking

Steel firms plan return to office, set up 'flexible' policies for employees

Tata Steel will allow employees to choose between working from home or office; JSW Steel is weighing a distributed workplace strategy

Apple turns the tide in India with record sales; 800,000 iPhones sold in Q2

Apple regained momentum in India in Jul-Sept, with double-digit growth, according to analyst firm Canalys

Will not shy away from tariff hike: Vodafone Idea CEO Ravinder Takkar

While the telecom company's second-quarter loss narrowed to Rs 7,218 crore, its operational performance was weaker compared to its peers.

RIL profit slips 15% to Rs 9,567 crore as Covid-19 hits oil business

Revenue in line with estimates; profits beat expectations partly due to lower taxes; Ebitda for refining biz declines 21.4% QoQ

IndiGo to cut fleet size over the next two years amid Covid-19 pandemic

IndiGo, operated by InterGlobe Aviation Ltd., hasn't engaged in any major renegotiation with Airbus SE on new deliveries, but it will keep returning as many as 40 older planes a year, Dutta said

Online used car aggregators see brisk business as demand outstrips supply

Olx says demand is 112 per cent of pre-Covid phase; Firms confident of demand sustenance beyond festivals

We have an opportunity to replace China as global AC exporter: Blue Star MD

Blue Star's Managing Director B Thiagarajan spoke to T E Narasimhan on how sales are expected to touch pre-Covid-19 levels during festival time and there are chances it may increase by 10 per cent

Had a strong Prime Day in India, Diwali off to a good start: Amazon CFO

The e-commerce giant will continue to invest in international markets including India, where the volumes are growing

Lubrizol, Grasim Industries partner for India's largest CPVC resin plant

The project will be done in two phases, with the first phase of production expected to be operational in late-2022

Mumbai airport handles over 1.8 mn flyers via 24,036 flights in Jun-Sept

During the same period, the airport registered over 16,886 ATMs in domestic operations with over 15,55,700 passengers flying to 53 destinations across the country through 10 domestic airlines

RIL secures Rs 7,558 cr investment in digital fibre infrastructure trust

The fibre optic unit, which was earlier part of Reliance Industries Limited's (RIL) subsidiary Reliance Jio, has a debt of Rs 87,296 crore, which includes suppliers' credit

Pidilite Industries: Investors advised to look at the stock on dips

Recovery in domestic growth and lower input costs should aid margin improvement

IndusInd Bank: Narrative changing from asset quality to green shoots

Without taking the focus away from the difficult operating environment, the management is optimistic on growth after three quarters

Malabar Gold to invest Rs 240 cr to open 9 showrooms in India, overseas

Jewellery retailer Malabar Gold and Diamonds on Friday said the company is planning to invest Rs 240 crore to open nine stores in India and other countries.

AirAsia says $72 million loan was obtained in appropriate manner

More than half the loan amount was to establish and operate a digital food supply chain and cold chain facilities in Sabah

Electronics Sector Skill Council of India appoints PVG Menon as CEO

The Electronics Sector Skill Council of India (ESSCI) on Friday announced appointment of PVG Menon as its chief executive officer.

BPCL puts Bina refinery expansion plan on hold pending privatisation

BPCL wanted to install a residue fluid catalytic cracker at the Mumbai refinery and connect the plant with a new site where it wanted to build an ethylene cracker

Amazon vs RIL for Future: What's at stake & what's next in the retail war?

According to the sources, Future group has been told not to proceed with its sale of shares to RIL till the outcome of the arbitration process

Google vs US govt: How the case could play out as epic court battle begins

The government says Google has monopoly power in three markets: general search services, search text advertising, and search advertising