Page 2907 - Company News

Amazon, Flipkart woo 'kiranas' for upcoming festive season sales

These kiranas and local stores will play a crucial role to sell and safely deliver shipments to millions of customers during these sales

Double-digit surge in insurance sector by FY21-end: LIC MD Raj Kumar

Growth of the industry had fallen by 19 per cent in April

Vedanta: Rising commodity prices, dividend hopes augur well for the stock

Market experts say the stock had seen good gains in the past two months and touched Rs 140 levels in expectation of the delisting going through at Rs 170-plus per share

Volume gains ahead for United Breweries, but investors should be cautious

While the September quarter could be another washout, there are some positive triggers which could lead to demand improvement

Weak credit card spends due to job loss snatch banks' low-hanging fruits

September's seven per cent year-on-year credit card outstanding is the poorest in recent years

Lakshmi Vilas Bank board meeting on Oct 15 to consider rights issue

Sources said the lender plans to raise Rs 500-700 crore via rights. Many existing institutional investors may subscribe to it in order to protect the investments they've already made

Unicorn tag just a pit stop, hungry for many more laps: Razorpay co-founder

By end of FY21, the firm expects two new streams to contribute to 35% of its overall revenue, with a 100% increase in its count of partner businesses

Indus OS: How this home-grown app store can gain from Google's loss

Today, Indus OS claims to be the largest home-grown app store, with a user base of over 100 million

GIC, Phoenix group start talks over Rs 800-crore office project deal

RMZ-Brookfield's and Prestige-Blackstone's (which is in the works), are multiple property deals that are taking place, sources said

Jio adds 3.5 million customers in July, Voda Idea loses 3.7 million: Trai

Bharti Airtel added a net 3.26 million wireless subscribers during the month.

India Stack fights 'tomorrow's battle' for making innovators self-reliant

The threat of 'digital colonisation' what some people are now talking about, is real, said Lalitesh Katragadda, a key volunteer of India Stack initiative

PepsiCo to set up potato chips output unit in UP with Rs 814 cr investment

The greenfield (new) unit is being set up in Kosi, Mathura, on 35 acres of land provided by the UP State Industrial Development Authority (UPSIDA), an official statement issued here said

BPCL considers raising engine oil market share to 13-14% by March

The second-largest national oil marketer is also expecting to increase its rural volumes to 60 per cent and above by the end of this fiscal, from 45-50 per cent now

Jio becomes first telco to cross 400 million subscribers mark: Trai

The overall telecom subscriber base increased marginally to 116.4 crore in July from 116 crore in June

In a first, Amazon Pay, Uber partner to allow Indian users to pay for rides

India is the first market where the two American companies have formed such an alliance

Intel partners with Telangana govt to launch applied AI research centre

The facility applies AI to population-scale problems in the Indian context, with focus on identifying and solving challenges in the healthcare and smart mobility segments

Auto component firms see capacity utilisation doubling to 60-95% levels

Most players expect strong demand during 45 day festive period, but tread cautiously as trend may not sustain later; Icra sees very few players going for debt recast

Walmart, Flipkart make fresh investment in supply chain tech firm Ninjacart

For Bengaluru-based Ninjacart, the investment further deepens the partnership with Walmart and the Flipkart Group to improve its offerings and enhance the customer experience

PE firm PAG-led group to buy pharma firm Anjan Drug for undisclosed sum

Target company makes and supplies active pharmaeutical ingredients in the central nervous system space to some of the world's largest drug makers

CarDekho to open 50 offline stores in India within 6 months

CarDekho to open 50 offline stores within 6 months as used car demand rises