Page 2923 - Company News

How India Inc's September quarter numbers are likely to pan out

The Sep quarter earnings season has already kicked in with commodities conglomerate Vedanta posting a 23.5 per cent drop in profit as one of the world's strictest lockdowns hit production and demand

100,000 Amazon-enabled local shops, kiranas gear up for festive season

Over 20,000 offline retailers and kiranas from 'Local Shops on Amazon' programme will participate in their first 'Great Indian Festival' sale event, to be hosted by the e-commerce giant this month

Tata Sky's new installations return to pre- Covid lockdown levels: CEO

Leading direct-to-home operator TataSky has recaptured its pre-COVID-19 levels in terms of installation of new connections, a top company official has said.

Office leasing drops 50% in Sep qtr, 47% in Jan-Sep in top 7 cities: Report

Net leasing of office space fell 50% across 7 top cities to 5.4 million sq ft as corporates and coworking players continued to defer their expansion plans due to Covid-19, according to JLL India

Infosys completes acquisition of Czech-based GuideVision in Europe

Infosys said it has completed the acquisition of GuideVision, an enterprise service management consultancy specialised in offering strategic advisory, consulting, etc on the ServiceNow platform

India unlikely to see meaningful change in NOCs capital structure: Moody's

National oil companies face more credit risk due to energy transition than private ones, according to Moody's Investors Service

L&T bags multiple orders across business verticals in domestic market

L&T said it has received multiple orders across various business segments in the domestic market

Adani Ports and SEZ completes acquisition of KPCL for Rs 12,000 cr

In FY21, the port is expected to generate an EBITDA of approximately Rs.1,200 crore resulting in an acquisition EV/ EBITDA multiple of 10x

The role Siemens' tech played in building Atal tunnel

Apart from hugely cutting travel time and making difficult terrain accessible, Leh tunnel has an automation system that minimises probability of production failure to nearly nil

Tata Consultancy Services to consider share buyback on Wednesday

TCS will be considering a buyback of shares of the company at a board meeting to be held on October 7

Paytm takes the challenge to Google, launches its own mini app store

Paytm is providing listing and distribution of these mini apps from within its app, without any charge

London transport regulator bans Ola over public safety failings: Report

TfL said it had discovered a number of failures in Ola's operations, including breaches of its regime

Covid-19: We need a shift to sustainability, says Kiran Majumdar-Shaw

The pandemic has thrown us into the deep end in terms of using technology, and that is a positive development, says Shaw

Smaller, cheaper vehicles take centre stage amid economic slowdown

Revenue break-up of car makers also suggests that buyers are now changing their cars less frequently, compared to the past

Big Billion Days sale: Flipkart readies virtual war room for festive season

Flipkart is expecting to host the biggest flagship sale event 'Big Billion Days' this month

Firms can now convert permanent jobs into fixed-term contracts

The Industrial Relations (IR) Code, 2020, notified on September 29, has allowed companies to hire contract workers directly through fixed-term contract, known as fixed-term employment

ExxonMobil, ONGC to bid jointly for upcoming auction rounds under OALP

Will identify areas for exploration in deepwater on east and west coasts of India

Singapore's Mapletree Investments buys land in Mumbai for Rs 525 crore

The Kanakia group, from which Mapletree did the purchase, had bought the plot from India Tube Mills and Metal (ITM) Industries for Rs 363 crore in 2018

Voda Idea, Airtel bat for tariff hike, but Reliance Jio is sitting tight

Few days ago, Jio unleashed a price war in the post-paid mobile space, an area where it has less than one per cent share of the market

Vedanta's Q1 profit tumbles 23.5% as Covid-19 lockdown hurts output, demand

Vedanta's Hindustan Zinc, also Asia's most valuable zinc producer, reported a 23% drop in June-quarter profit on lower prices and production