Page 2901 - Company News
Den Networks Q2 consolidated net profit declines 61.4% to Rs 36 cr
The company had reported a net profit of Rs 95.30 crore in the September 2019 quarter, Den Networks said in a regulatory filing
 "Den Networks Q2 consolidated net profit declines 61.4% to Rs 36 cr")
E-commerce industry sees order volume growth of 31% during July-Sept 2020
After the lockdown was lifted across the country, this was the first quarter in which businesses were operational in a large part of the country
 "E-commerce industry sees order volume growth of 31% during July-Sept 2020")
Property developers give up profit margins for sales volume: Analysts
Margins in residential projects have come down from 20-30 per cent last year to 8 to 10 per cent in today's market
 "Property developers give up profit margins for sales volume: Analysts")
Tatas, private equity investors in talks with BigBasket for stake buy
Firm continues to see huge traction as it enters year-end sale period
 "Tatas, private equity investors in talks with BigBasket for stake buy")
Hindustan Zinc, Gujarat govt sign pact to set up zinc smelter plant
Vedanta Group firm Hindustan Zinc Ltd (HZL) on Wednesday said it has signed a pact with Gujarat government to set up a greenfield zinc smelter in the state.
 "Hindustan Zinc, Gujarat govt sign pact to set up zinc smelter plant")
US watchdog probes Jockey's India partner over rights abuse allegations
Page has denied wrongdoing and called allegations of verbal abuse and workplace intimidation against employees 'outrageous'
 "US watchdog probes Jockey's India partner over rights abuse allegations")
Covid-19: Bharat Biotech cuts Covaxin phase-2 clinical trial size by half
For phase-2 studies, the firm is also testing the vaccine on children above 12 years of age. In phase-1, they only tested adults.
 "Covid-19: Bharat Biotech cuts Covaxin phase-2 clinical trial size by half")
Vedanta's failed delisting triggers debate on FDI tag, limited disclosure
Officials said the assumption that Vedanta's delisting would have been successful at a price of Rs 140 was "completely misplaced
 "Vedanta's failed delisting triggers debate on FDI tag, limited disclosure")
After TCS, Infosys announces salary hikes as sector overcomes pandemic
Hike will be effective from January 1 next year, quantum to be similar like last year
 "After TCS, Infosys announces salary hikes as sector overcomes pandemic")
3.9 million flyers in September, 66% lower than last year, says DGCA
India's largest airline, IndiGo's market share came down to 57.5 per cent from an all-time high of 60.4 per cent in July
 "3.9 million flyers in September, 66% lower than last year, says DGCA")
Centre mandates all ministries, public depts to use BSNL, MTNL services
The memorandum dated October 12, was issued to all secretaries and departments under the central government following consultation with the finance ministry
 "Centre mandates all ministries, public depts to use BSNL, MTNL services")
Tata Steel BSL posts Rs 341.71 crore net profit for September quarter
Tata Steel BSL on Wednesday posted a consolidated net profit of Rs 341.71 crore for the quarter ended September 2020, helped by higher income
 "Tata Steel BSL posts Rs 341.71 crore net profit for September quarter")
GreenBase, Tamil Nadu sign MoU to set up industrial, logistics park
The setting up of the park would see creation of multiple direct and indirect jobs besides boosting the socio-economic growth in the regiongreenbase
 "GreenBase, Tamil Nadu sign MoU to set up industrial, logistics park")
Bharti Airtel ties up with global firms, kicks off ORAN tech plan
ORAN is based on open platforms rather than the traditional proprietary technology offered by incumbent gear makers
 "Bharti Airtel ties up with global firms, kicks off ORAN tech plan")
TCS to recruit 10,000 staff in US by 2022 after demand for services surges
The Mumbai-based company has hired over 21,500 employees in the past five years in the US
 "TCS to recruit 10,000 staff in US by 2022 after demand for services surges")
BS READS: SAAS success for firms as business jumps on the digital bandwagon
Indian firms selling SAAS products have got a bonanza as companies meet, manage and sell remotely. Yuvraj Malik explains how these companies are planning their next phase of growth
 "BS READS: SAAS success for firms as business jumps on the digital bandwagon")
Hindustan Zinc, Gujarat govt sign pact to set up zinc smelter plant
Vedanta Group firm Hindustan Zinc Ltd (HZL) on Wednesday said it has signed a pact with Gujarat government to set up a greenfield zinc smelter in the state.
Oil PSUs to float online portal to promote Aatmanirbhar Bharat campaign
Public sector oil companies will launch a portal to provide information on their capital goods requirements to domestic industry in line with the government's Aatmanirbhar Bharat campaign
 "Oil PSUs to float online portal to promote Aatmanirbhar Bharat campaign")
Biyani's 'very honest' admission of why he had to sell Future Group to RIL
Company did 'too many acquisitions' and when Covid-19 struck it lost nearly Rs 7,000 crore revenue, says retail tycoon.
 "Biyani's 'very honest' admission of why he had to sell Future Group to RIL")
Coolpad aims to sell 300,000 mobile phones during festive season
Mobile phone company Coolpad expects a twofold jump during the festive season in the country with a total sale of 300,000 handsets, a top company official said on Wednesday
 "Coolpad aims to sell 300,000 mobile phones during festive season")