Page 3056 - Company News

Reliance emerging as bigger threat for US giants like Amazon, Walmart, Zoom

Stake sales in Reliance's digital unit Jio Platforms attracted not just private equity and sovereign wealth funds but also Google and Facebook

Leading European auto maker Groupe PSA starts assembling cars in India

The first product get off the assembly line and likely to hit the market early next year is the company's premium SUV C5 Aircross

Maharashtra genco to set up 602 MW-capacity solar power plants: State govt

These projects will be developed under an engineering, procurment and commissioning (EPC) contract in three stages on lands owned by Mahagenco

SAIL's stockpile of iron ore fines give company opportunity for profit

Profits from the sale of high-grade iron ore fines could help state-owned company reduce debt

Ed-Tech firm uFony raises funds from Chennai Angels for School Diary

School Diary is a user-friendly platform that caters to K12 schools, helping them engage students and conduct classes virtually without compromising on privacy

Strong metro rail order book, indigenisation initiatives bode well for BEML

New project wins and other segments will strengthen the already strong revenue visibility of three and a half years

Flipkart starts part payment method to reduce cancellations, order returns

Walmart-owned e-commerce firm says option would encourage pre-paid transactions and reduce cash on delivery

L&T Infotech's PBT rises 16.9% to Rs 558.9 cr in Q1, revenue up 18.7%

The net profit for the quarter ended June 2020 (Q1FY21) rose 17.1 per cent year-on-year to Rs 416.4 crore on account of lower operating expenses.

Airlines staring at Rs 1.1-trillion loss over 3 years: CRISIL Research

Airlines are unlikely to recoup this loss as growth is not expected to return to pre-pandemic levels of double-digit increase at least in the medium term, CRISIL Research said.

Yum Restaurant India unit V-P's services not taxable, rules Delhi ITAT

The case pertains to the agreement between the Yum Restaurants (Asia), the assessee and its Indian counterpart, where Vinod Mehboobani was deputed to India as the vice president (VP).

Wipro: Strong operating margin, cash position offer comfort to investors

Going ahead, a good order book, a strong deal pipeline and the company's continued focus on cost optimisation are expected to help

Infosys ripe for re-rating after strong performance in June quarter

While the company's revenue grew by 8.5 per cent year-on-year to Rs 23,665 crore, its profit before tax (pre-tax profit) was up by 12.1 per cent year-on-year

Endurance Technologies: Investors advised to consider the stock on dips

Market share gains, better product mix other triggers

Covid-19 impact: IRCTC's investors should brace for lower returns

Resumption of passenger trains key challenge

Rossari Biotech IPO subscribed 79.4 times, generates bids worth Rs 27K cr

Rossari is the first IPO to hit the domestic markets since a national lockdown was declared in early-March.

Telcos align with streaming platforms to deepen consumer relationships

Airtel, Vodafone Idea, Jio stitch up alliances with streaming platforms in a bid to deepen brand associations and loyalty, in a time of crisis

Covid-19 scare: Deaths at work raise questions over compensation

Without laws specific to the pandemic, compensation is left to the discretion of companies

Responding to the consumer: When and how firms should react to criticism

Smart corporations don't just launch new products, they even tweak entrenched ones when need arises

From Ericsson to Huawei, global 5G players face a Reliance Jio challenge

Having built a solution from scratch, Mukesh Ambani now wants to get cracking

Google to invest Rs 33,737 crore for 7.73% stake in Jio Platforms

The two companies will collaborate for the development of entry-level affordable 4G and 5G smartphones as well as Android-based operating systems, Ambani announced during the virtual AGM