Page 3034 - Company News

Two-pronged strategy: Mukesh Ambani is coming for India's phones & wallets

At this month's AGM, Ambani promised to induct 'global partners and investors' in retail over the next few quarters

Birla Tyres to RCom, low-denomination stocks hit top gear on Dalal Street

Dream run may come to a screeching halt anytime, warn analysts as fundamentals do not back them

From controversy to delay, an airport's endless quest for take-off

The CBI investigation of money laundering by GVK Airport Holdings adds another chapter to the long saga of controversy and delay that have bedevilled airport privatisation since inception

TVS Motor plans Rs 300-crore capital expenditure amid Covid-19 pandemic

The company said it was planning to commercialise some of the intellectual properties (IPs) to be built by start-ups through the company's Singapore subsidiary.

As rival sweetens bid, JSW Steel hits hurdle to acquire Asian Colour

Interups offers Rs 2,000 crore in NCLT against JSW's Rs 1,550-cr bid

Rising SaaS adoption to ensure global sway of IT services firms

The final part of the series looks at how Indian firms compete with global peers

Covid-19 impact: Debt woes keep future uncertain for Kishore Biyani firms

Aggressive expansion plans have led to cost overrun, sliding profits for Future Group firms

Covid-19 impact: JSW Energy calls off acquisition of GMR Kamalanga Energy

The company noted that India's power demand declined by 16.2 per cent year on year (y0y) in the June quarter, due to weak economic activity amidst Covid-19 related lockdowns and restrictions

NPCI denies security flaws, says customer data completely secured

NPCI said in its statement that in order to thwart cyber-attacks, it has implemented technologies such as perimeter security controls, including various kinds of firewalls, routing controls and others

Jaypee Infratech's chief financial officer Pramod Kumar Aggarwal resigns

IMC formed pursuant to directions of NCLAT had requested Aggarwal to continue till July 31, 2020, for smooth functioning/transition

Apple vendors, Samsung propose Rs 11 trn mobile phone production in India

"Foreign companies that have submitted proposals for the scheme include Samsung, Foxconn Hon Hai, Rising Star, Wistron and Pegatron," the source said

UPL: Favourable conditions in key markets to boost growth in coming qtrs

However, strong India business and margin gains were better than expectations

Facebook brings 'official music videos' to India; to feature big labels

Facebook said 'official music videos' will "create new social experiences that go beyond just watching the video"

SBI's June quarter performance sets high expectations for investors

The lender's strong performance and improvement in moratorium offer comfort

Just Dial's net profit rises 45% to Rs 83.3 crore in June quarter

Local search platform Just Dial on Friday said its net profit rose over 45 per cent to Rs 83.3 crore in the June 2020 quarter.

Tata Capital to pick minority stake in Biocon Biologics for $30 million

Equity infusion part of a larger $200-300 million round the company plans to raise over the next few months as it eyes an IPO

Supreme Court allows sharing of resolution plan of Unitech Ltd under IBC

The bench also said the amicus shall collate the suggestions, if any received, with regard to the resolution plan for assistance of the court

Huge opportunity in India to buy and sell through WhatsApp: Zuckerberg

Facebook wants to use the Jio deal to get thousands of small businesses on-boarded onto WhatsApp to do commerce in India

Reliance Capital reports widening of standalone net loss to Rs 387 cr in Q1

The Anil Ambani-controlled firm had posted a net loss of Rs 116 crore in the same quarter of the previous financial year

Covid-19 impact: Jagran Prakashan reports Q1 net loss of Rs 44.31 cr

The company had posted a profit after tax of Rs 65.75 crore during the April-June period a year ago, Jagran Prakashan Ltd (JPL) said in a BSE filing.