Page 2913 - Company News

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

Smaller pharma firms post faster domestic sales growth in September

Barring Cipla and Glenmark, whose sales have grown in double digits due to demand for their Covid-19 drugs like favipiravir, tocilizumab, most big players have posted tepid growth

HC seeks Centre, SBI stand on Anil Ambani plea to include Chinese banks

The high court also said that the moratorium on recoveries from sale of Ambani's assets, as provided under section 96 of the Insolvency and Bankruptcy Code (IBC), would remain in operation for now

Infosys completes acquisition of US-based firm Kaleidoscope Innovation

IT services major Infosys on Monday said it has completed the acquisition of US-based product design and development firm Kaleidoscope Innovation.

PAG-led consortium to invest $70 mn for controlling stake in Anjan Drug

Private equity fund PAG is picking up a controlling stake in active pharmaceutical ingredient (API) maker Anjan Drug for over USD 70 million, sources said on Monday

BookMyShow adds safety shield tag for safe movie-watching experience

BookMyShow has added a new safety shield tag to help create awareness about the various safety and hygiene measures available across various properties listed on the platform

Walmart, Flipkart Group pump in additional investment in Ninjacart

Walmart and Flipkart Group on Monday announced a fresh round of investment in Bengaluru-based business-to-business (B2B) supply chain company Ninjacart

Miko gets Rs 23 cr funding from Stride Ventures, Chiratae Ventures, others

Stride Ventures on Monday said it has led an investment round of Rs 23 crore in Miko, an India-born robotics firm

Food delivery volumes in India reach pre-Covid-19 peaks: Zomato CEO

The food delivery volumes in India have reached pre-Covid-19 peaks, Zomato Founder and CEO Deepinder Goyal said on Monday

FB appoints Sunil Abraham to shape its stance on tech policy in India

Abraham joins FB as the Public Policy, Director for Data and Emerging Tech