Page 2984 - Company News

Wait for Amtek Auto resolution may get longer over mortgaged property

Bone of contention is long-term lease of ACE Complex Land. Resolution applicant has moved NCLAT, which is likely to start hearing on Thursday against NCLT order

Nestle: Stock offers good opportunity for medium to long-term investors

Strong resilient portfolio, along with recent ready-to-eat launches and focus on rural distribution, indicate good growth potential

Expecting moderate growth in FY21 subscription revenue: Zee Entertainment

Media firm Zee Entertainment Enterprises expects a moderate growth in its subscription revenue although its overall ad revenue is likely to fall this fiscal, according to the company's annual report

E-commerce retail market expected to cross $100-bn mark by 2024: Report

E-commerce retail market, which stood at $30 bn in 2019, is expected to cross the $100-bn mark by 2024, driven by an hike in number of suppliers selling online and change in consumer behaviour

Unlock BFSI 2.0: Insurance reinvented itself in pandemic, says industry

Industry rapidly scaled up digital services to help customers, say speakers at Business Standard webinar 'Insured and Safe'.

BSVI commercial vehicles equipped with tech, other upgrades: Tata Motors

Tata Motors said its entire BSVI-compliant range of commercial vehicles is equipped with technological and performance upgrades that generate higher revenue and profits for transporters

Railways meets solar power developers for zero carbon emission goal

The railways has developed a mega plan for installing solar plants of 20-GW capacity by utilising its vacant land by 2030

E-commerce retail market likely to cross $100 bn mark by 2024: Report

The rise of online fresh groceries sales along with growing numbers of prepared food delivery companies entering this space could propel category growth by five times in the next five years

HAI, Naukri.com tie-up for alternate livelihoods for hospitality workforce

Hotel Association of India (HAI) on Thursday said it has entered into a partnership with Naukri.com to create alternative employment opportunities for hotel industry workforce hit hard by Covid-19

Amazon's Jeff Bezos becomes first person ever with worth of over $200 bn

The net worth of the world's richest person went up by $4.9 billion after Amazon stock edged up 2% as of Wednesday afternoon

Dr Reddy's Labs launches Wilson's disease treatment capsules in US

Pharma major Dr Reddy's Laboratories said it has launched generic Penicillamine capsules, used for treatment of Wilson's disease and cystinuria, in the US market

HMSI forays into 180-200cc bike segment in India with Hornet 2.0

Honda Motorcycle and Scooter India (HMSI) said it has forayed into 180-200cc bike segment in the country with the launch of all-new model Hornet 2.0, priced at Rs 1.26 lakh (ex-showroom Gurgaon).

India R&D centre will be our largest such facility by 2022: OnePlus

OnePlus' India R&D facility is making a significant contribution, especially in software development, and is poised to become its largest research facility globally by 2022, a top company exec said.

Bain-backed flash memory chipmaker Kioxia launches $3.6 billion IPO

Bain, which initially planned to list Kioxia last year, pushed back the listing because of deteriorating market conditions

SpiceJet operates first ever long-haul cargo flight to Frankfurt

Airline major SpiceJet operated its first-ever long-haul cargo flight from Delhi to Frankfurt using wide-body Airbus A340 aircraft

EV manufacturing startup Grinntech attracts $2 mn funding from investors

Grinntech, which was incubated at IIT Madras, unveiled a range of high-tech batteries with designs customised to Indian conditions along with its proprietary

Byju's raises $122 mn from Israeli-Russian billionaire Milner's DST Global

However, there has been no change in Byju's valuation after this funding

Conglomerate Max group to relist Max India on stock exchanges on Friday

Max India, which got delisted in June, had recently announced plans to invest Rs 300 crore over the next four years to develop a housing project for senior living in Noida, Uttar Pradesh

Siemens sells mechanical drives business to Siemens AG subsidiary

With effect from January next year, subject to receipt of requisite statutory approvals.

Future Enterprises' board to meet on Saturday, to discuss raising funds

A source said the board would also look at the proposal to merge three other listed entities of the Future group with FEL