Page 3049 - Company News

JioMart debuts on Apple app store, Google Play Store downloads cross 1 mn

With the launch of the app, JioMart has now enabled increased omni-platform interface bringing seamless and enhanced accessibility to consumers

Reliance Industries' market cap nears $200 bn-mark as shares surge 4.4%

In the past six trading sessions, shares of RIL have soared more than 16 per cent

Chinese handset makers lost market share in Q2 amid border clash, Covid-19

While the leading brands continued to gain share, fringe players had to bear the brunt of supply chain constraints and growing anti-China sentiments to some extent

Apple starts manufacturing flagship iPhone 11 model at Chennai plant

Sources said this could be the beginning of a new era for Apple, which is preparing to begin manufacturing its newly launched iPhone SE (2nd Generation) of handsets in India

Coffee Day probe finds Rs 3,500 cr fund diversion; clean chit for I-T dept

Investigation by CBI officer stated that Siddhartha's "Mysore Amalgamated Coffee Estates Ltd (MACEL) owes a sum of Rs 3,535 crore to the subsidiaries of Coffee Day Enterprise Ltd(CDEL)."

Adani Power gets shareholders' nod for Rs 3,264-cr delisting proposal

Public shareholders hold 96,53,26,374 equity shares, which correspond to 25.03 per cent of the paid-up equity share capital

SC to hear plea for display of 'country of origin' on products by e-tailers

A bench of Chief Justice S A Bobde and Justices A S Bopanna and V Ramasubramanian issued notice to the Centre and sought its response

Vodafone, Airtel defend premium plans; say no impact on other network users

They said the subscribers of the plans constitute only a small portion of overall customer base

Jenburkt Pharma launches Covid-19 drug Favipiravir at Rs 39 per tablet

The company hopes that the easy accessibility and affordable price point of an effective treatment such as Favivent will offer Indian citizens a timely, much-needed therapeutic solution

Start-ups need to hack costs to cope with pandemic: MakeMyTrip's Deep Kalra

Says capital has become scarce and only a few businesses in areas such as health and remote learning are getting capital, but they are just 1-2% of the ecosystem

RIL pips ExxonMobil, becomes world's second most valued energy firm

The oil-to-telecom conglomerate is now ranked 46th globally on market cap, according to stock market data

RIL market valuation crosses Rs 14-trn mark as stocks rally over 4%

On the National Stock Exchange (NSE), shares of the oil-to-telecom conglomerate rose 4.40 per cent to close at Rs 2,148.40

BPCL plans to restart 200,000 bpd Kochi refinery unit by end-July

The shutdown of the crude unit and some secondary units at Kochi started earlier this month

American Express profit tumbles 85% as pandemic-related defaults loom

Shares were down about 1% before the bell, even as the group managed to eke out a small profit rather than report a loss as expected by analysts

GoFlyPrivate: GoAir to allow passengers to book multiple rows on single PNR

GoFlyPrivate allows customers to have the confidence to travel and decide how many rows of seats they want to block, the airline said in a release

JioMart app goes live on Google PlayStore and Apple App Store: Details here

JioMart services are now available through smartphone app, web portal and WhatsApp

Hero MotoCorp invests Rs 84 cr in smart scooter maker Ather Energy

Ather is now entering an aggressive expansion phase and is looking to scale to 20 cities by the end of 2021

Fitch downgrades Future Retail's long-term rating to 'C' on missed coupon

The company has a 30-day grace period to meet its obligations; if it can't Fitch could downgrade its IDR and bond rating further

Pare cost by 5%, go digital in documentation, Logistics Secy urges sector

Says nearly 30% of documents pertaining to seaport movement are redundant and one third are filed more than once

PNB, Carlyle to remain invested in PNB Housing, says CEO Neeraj Vyas

The company is cautious on lending to construction, gems and jewellery, hospitality and aviation sectors, says executive