Page 3045 - Company News

Conceptualising 5G trials by teaming up with OEMs, app developers: Airtel

The rising demand for high-speed data has escalated the need for 5G services in one of the world's largest telecom markets

Flipkart launches 90-minute hyperlocal delivery service, faster than Amazon

Flipkart Quick will provide consumers with a handpicked assortment of more than 2,000 products in categories such as grocery, fresh, dairy and meat in the first phase

Bharti Infratel shares decline nearly 2% after 21% drop in Q1 earnings

Bharti Infratel on Monday reported a 21 per cent drop in consolidated net profit to Rs 704 crore for the April-June quarter

Fertiliser firms to post healthy FY21 profits on robust Q1 off-takes: Icra

Icra stated that in the initial phase of the lockdown, dispatches were affected due to the shortage of labour and shutdown of a few fertiliser plants located in the integrated chemical complexes

Skoda Auto India expands online sales platform, offers new features

Skoda Auto India has integrated its over 80 plus dealership touchpoints pan-India

Yatra.com aims to become digital services platform: CEO Dhruv Shringi

The company is taking certain steps especially on the corporate side of business

Royal Enfield unveils 'Service on Wheels' initiative amid Covid-19 pandemic

Customers can now book the 'Service on Wheels' by contacting their nearest Royal Enfield dealership outlet

Canon Inc reports first-ever quarterly net loss, cuts dividend payouts

For the full year, the company expects net profit of 43 billion yen, down 66% from the previous year

Reliance to pay up to Rs 27,000 cr for Future Group retail chains: Report

Reliance's existing retail operation already runs close to 12,000 stores, including a cash-and-carry wholesale business, in over 6,700 Indian towns and cities

Manappuram Finance board approves plan to raise Rs 500 cr via bonds

Non-banking financial company Manappuram Finance on Tuesday said it will raise up to Rs 500 crore by issuing bonds on a private placement basis

Thierry Bollore appointed as new Jaguar Land Rover CEO, says Tata Motors

Former Renault executive Bollore, who replaces Ralf Speth at JLR's helm, will assume office effective Sept 10

Flipkart starts hyperlocal quick service enabling delivery in 90 minutes

Online grocery delivery has also gained significant traction amid the Covid-19 pandemic and with the entry of JioMart in the segment, the competition is set to intensify further

Covid-19 relief: Auto industry organises 7.5 mn face masks, 90,000 PPE kits

The industry has set up production capacities to arrange 60,000-plus ventilators and over 1,700 beds

Huawei cuts India revenue target by up to 50%, laying off staff: Report

Huawei is now targeting $350-$500 million in revenue for 2020, compared with roughly $700-800 million it was aiming earlier

Govt must close 'legal disputes' hurting telecom: Sunil Mittal on AGR dues

Bharti Airtel chairman says dispute over payments has caused 'significant distress' to the industry

As Chinese brands suffer, Samsung powers up smartphone biz in India

Gains 10% share as disruption hits Chinese smartphone majors

Cash-rich Indian IT services companies go aggressive in M&A space

As capital allocation is altered, dividend payout to dip in the ongoing financial year

Marico: Management's positive commentary offers some comfort, say analysts

Hair oil volumes return to pre-Covid levels, but staying there won't be easy

ABB: After weak Q2, analysts hopeful of firm's recovery in key focus areas

Increased need for automation may help firm rebound faster than peers

Oman firm likely to exit Bina refinery as BPCL gears up for divestment

Bharat Oman Refineries (BORL) may get merged with BPCL post-Oman's exit