Page 2867 - Company News

Amazon faces JPC action over refusal to appear; panel grills FB on data

Parliamentary Panel grills Facebook on data protection; Google, Twitter, Paytm executives to depose on Oct 28

Strong tenancy additions bolster Sept quarter show for Bharti Infratel

The company, which has received the go ahead on merger with Indus Towers, expects the trend to continue in the near term

Strong prospects of Biologics business keep Street positive on Biocon

Even though Q2 performance missed estimates, analysts expect a stronger second half

Tata Motors bags supply order for 6,413 Tata Ace Gold mini trucks from AP

It added that the fully-built Tata Gold Ace mini trucks are to be used as mobile-dispensing units for the doorstep delivery of supplies in Andhra Pradesh, and will be customised to suit the applicatio

Tech Mahindra to acquire Tenzing Group, Momenton for Rs 293 crore

IT company Tech Mahindra on Friday said it will acquire complete stake in New Zealand-based Tenzing Group and Australian IT firm Momenton for a cumulative amount of around Rs 293 crore

Tata Motors bags order for 6413 Ace vehicles from AP Civil Supplies Corpn

Tata Motors on Friday said it has secured an order from the Andhra Pradesh Civil Supplies Corporation for supply of 6,413 Tata Ace Gold vehicles

BPCL to launch 2 high-end synthetic lubricant variants next week

Bharat Petroleum Corporation Ltd (BPCL) will next week launch two high-grade synthetic lubes for premium cars and bikes.

Mi India sells 5 mn smartphones in a week during festive season sale

The company said its 15,000 retail partners across the country doubled their sales year-on-year during the festive sale

HPCL raises Rs 2,000 cr debt for funding its capex during current year

Coupon rate will be 4.79 per cent per annum for the debt instruments which will mature on October 23, 2023

IGL to facilitate conversion of diesel generators to natural gas gensets

Indraprastha Gas Ltd on Friday said it will help housing societies as well as commercial establishments to replace diesel in generators to environment-friendly natural gas.

LIC raises its stake in IRB Infra Developers to 5.27% in September quarter

IRB Infra is the largest highway developer in the private sector with an asset base of Rs 45,000 crore and two InvITs

Centre likely to take key decisions on Air India divestment on Saturday

These key decisions might come at a time when the divestment deadline of October 31 is fast approaching

100% growth in orders received during festive season sale, says Myntra

Myntra said that 51 per cent of shoppers on its platform were women

WeWork India appoints new Chief Financial Officer, General Counsel

WeWork India said the strategic appointments have been made to the India leadership team for sustainable growth

NTPC granted permission to use drones for research at 3 thermal plants

The ministry said the conditional exemption is till December 31 or till the full operatalisation of Digital Sky Platform, whichever is earlier

Hyundai Motor to invest Rs 150 crore in new training centre near Chennai

The facility will serve as an incubation centre for skill enhancement and will focus on human-centric innovations and mobility solutions

SBI Card, Delhi Metro jointly launch contactless multi-purpose card

The unique combo credit card 'Delhi Metro SBI Card' is thoughtfully designed for regular commuters on the Delhi Metro, SBI Card said in a release

Airtel Africa Apr-Sept profit drops 37% to $145 mn, revenue up 10.7%

The company had posted a profit after tax of USD 228 million for the same period a year ago

Aditya Birla Fashion to raise Rs 1,500 crore from Flipkart; stk jumps 17%

On completion of this transaction, ABFRL would have successfully executed a capital raise of Rs 2,500 crore since April 1, 2020

Ericsson wants prior investments linked to PLI scheme eligibility

Ericsson's stand is significant as the draft PLI scheme stipulates that global companies have to make an incremental investment of Rs 600 crore over four years to be eligible for it