Page 3037 - Company News

300 mn kept away from basic internet: Mukesh Ambani calls for scrapping 2G

Earlier, Ambani had announced that RIL's telecom arm Jio will strive to make India free of 2G by migrating from feature phones to an affordable smartphone

FB, Google eye Jio pact to expand in India; plan to take solutions global

During their investor calls, the US-based companies highlighted the importance of the Indian market which is home to one of the world's largest Internet consumer bases

JSW Energy terminates Rs 5,321-cr deal to acquire GMR Kamalanga Energy

In May, the sale of GMR Energy's entire stake in GMR Kamalanga Energy to JSW Energy was put on hold due to Covid-19 outbreak

Seeing a trend of monthly improvement in orders: ABB India's Sanjeev Sharma

In a Q&A, the firm's MD says export orders remain steady, and the company is focusing on reduction of discretionary expenses, high cash collection and limited critical business investments

ABB India opens new robotic solution delivery facility in Bengaluru

Engineering major ABB India on Friday said that it has opened a new robotics facility to support the digital transformation of manufacturing in India.

Air India employees protest delay in disbursement of retirement dues

The employees have asked the Air India CMD to intervene in the matter urgently and ensure that retirees are given their final settlements in terms of the Office Order

RPower, JERA ink loan agreement with banks for Bangladesh's power plant

Reliance Power and JERA, through their project company, are developing a new 745 MW natural gas combined-cycle power project in Meghnaghat in Bangladesh

iPhone sales grow 2% to $26.4 bn on SE launch, easing of lockdowns: Cook

Working hard to get more iPads and Macs into customers' hands as quickly as possible, says Tim Cook

Chinese-backed hackers targeted US Covid-19 vaccine firm Moderna: Report

Moderna's vaccine candidate is one of the earliest and biggest bets by the Trump administration to fight the pandemic.

Study paints grim picture for garment sector with likely job cuts, closures

74% of its respondents see a 90% drop in sales for the quarter ending June 2020

Apple confirms 2020 iPhones won't arrive in September, delayed by few weeks

Apple is expected to launch four new iPhones under the iPhone 12 series which would include two premium variants this year

Nissan Magnite: Japan automaker bets big on small SUV to revive India biz

SUV may determine how much heft Nissan will wield as it and alliance partner Renault SA thrash out their respective roles in the Indian market

AAI puts SpiceJet on cash and carry basis, airline says business as usual

AAI has put SpiceJet operations across the country on a "cash and carry basis"

IndiGo to deliberate on raising of funds as company posts highest loss

The development comes a day after the company posted its highest ever quarterly net loss at Rs 2,844.3 crore for the first quarter of 2020-21

25 years of telecom: Boon for India's business tycoons, bane for MNCs

Big business houses such as the Tatas, Anil Ambani, multinationals like Malaysian tycoon T Ananda Krishna of Maxis failed to create viable businesses

Sanofi India: Sturdy balance sheet, cash-generation augur well for company

High growth visibility in chronics, strong balance sheet will help sustain premium valuation

Jio delivers strong Q1 performance on subscriber addition, ARPU growth

The other metric which helped drive the Q1 show was a 7 per cent sequential uptick in average revenue per user (ARPU) as compared to analyst estimates of a marginal dip

Maruti, Honda, BMW hone the phygital experience for customer affinity

From promoting amateur talent to contact-less sales experiences, auto brands go all out to create customer affinity with a band of invisible salesmen

Tony Fernandes trims AirAsia India exit price to $50 million amid Covid-19

Tatas in advanced talks to buy 49 per cent stake in Indian joint venture

Before swinging the axe on jobs, retire the retired first: Air India staff

Say they must be the 'first targets' for LWP scheme