Page 2902 - Company News

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

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

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

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

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.

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

Infosys to roll out salary hikes from Jan 2021, incentives to junior staff

India's second-largest IT services firm Infosys on Wednesday said it will roll out salary hikes and promotions across all levels effective January 1

Abbott launches next gen heart rhythm management devices in India

Healthcare major Abbott on Wednesday said it has launched next-generation heart rhythm management devices in India

Walmart-backed payments firm PhonePe launches vehicle insurance service

Firm says users don't need to upload documents before making a purchase and they can view their policy documents instantly

CLP Wind Farms raises Rs 300 cr through non-convertible debentures

The company said the move will help sustain the expansion of its renewable energy portfolio in alignment with the company's vision to invest in low-carbon footprint businesses

Telecom a force-multiplier for all sectors, is an essential service: COAI

Telecom sector with transformational powers is set to be a force-multiplier for other sectors, and the government needs to view it as an essential service and enabler for industries, COAI said

Gujarat: Tanishq store puts up apology note after furore over withdrawn ad

A Tanishq showroom in Gandhidham town of Gujarat's Kutch district has put up a note on its door, apologising to Hindus in the district over the brand's controversial TV ad which was withdrawn

Alstom's e-locos approved for freight locomotives to run at 120 kmph

Electric locos allow heavy freight trains to haul 6,000 tonnes at a top speed of 120 kmph and they are expected to increase the average speed by at least 20-25 kmph

Housing sales may increase by 35% in Oct-Dec on festive demand: Report

The coming festive season is likely to witness a surge in demand for residential properties and the housing sales may rise 35 per cent across the top 7 cities during the Oct-Dec period on a QoQ basis

Mercedes-Benz reports 38% drop in sales at 2,058 units in India for Q3

German luxury car maker Mercedes-Benz reported a 38.64 per cent drop in its sales at 2,058 units in India in the third quarter of the ongoing year but almost reached its pre-Covid sales level

Amazon opens largest fulfilment centre in Bengal ahead of festive season

The facility has a capacity of 1.2 mn cubic ft; firm triples storage at an existing centre for large appliances and furniture to 600,000 cubic ft

Airports see uptick in retail sales, line up sweeteners for passengers

Bengaluru airport in process of finalisng new brands for its retail and F&B zone

Covid-19 impact: CRISIL downgrades Thomas Cook India's rating to A+

The ratings are a result of the pandemic weakening the company's business and financial risk profiles

Glenmark Pharma launches pulmonary fibrosis treatment drug in India

Glenmark Pharma announced the launch of its generic version of Nintedanib (NINDANIB), used for the treatment of pulmonary fibrosis, in India