Page 3057 - Company News

A look at the major announcements made at RIL's 43rd AGM

With the fund raising now achieved, Reliance Industries has become a debt-free company

RIL to replace auto fuel with clean energy; aims to become carbon-zero firm

Reliance has proprietary technology to convert transportation fuels to valuable petrochemical and material building blocks

Coffee Day interim COO Nithin Bagamane resigns citing personal reasons

Bagamane was appointed as Interim Chief Operating Officer and member of the Executive Committee of the Coffee Day Enterprises Ltd (CDEL) last year in July

Cochin Shipyard to build autonomous electric ferries for Norwegian client

This project is an ambitious one in Norway, partially funded by the Norwegian government, and aimed at emission-free transport of goods across the Oslofjord

Air India to send some employees on leave without pay for up to five years

Air India has started the process of identifying employees, based on various factors like efficiency, health and redundancy, who will be sent on compulsory leave without pay

Top headlines: Google to invest in Jio, Apple against EU tax order and more

Here are the top headlines on Wednesday

Domestic air passenger traffic expected to shrink by 40-45% in FY21: Crisil

Similarly, India's air passenger traffic in the international sector is expected to plunge by 60-65 per cent, Crisil Research said

Strong interest shown by strategic investors for Reliance Retail: Ambani

"We will induct global partners and investors in Reliance Retail in the next few quarters," he said at Reliance Industries annual general meeting

Saudi Aramco deal hasn't progressed as per original timeline: Mukesh Ambani

At RIL's last AGM in August 2019, Ambani announced plan to sell a stake in company's O2C business to Aramco. On August 12, it said it has signed LoI with Aramco for 20% stake sale

ADB appoints Election Commissioner Ashok Lavasa as new vice-president

He has extensive experience in public-private partnerships and infrastructure development at the state and federal levels, with deep knowledge on public policy and the role of private sector, it said.

Over 2,100 delivery partners gain from Swiggy's mental health counselling

An impact report on sessions showed delivery partners sought assistance on issues like anxiety about uncertain future, physical health and finances, apart from career and relationship challenges

Reliance AGM highlights: Mukesh Ambani welcomes Google to Jio Platforms

Google will invest Rs 33,737 crores for a 7.7 per cent stake in Jio Platforms

Developing 5G tech; Google to invest Rs 33,737 cr for stake in Jio: Ambani

In the next three years, Jio will connect half a billion mobile customers, a billion smart sensors and 50 million home and business establishments, Ambani said.

Skoda unveils Rapid Rider Plus at Rs 7.99 lakh with higher fuel efficiency

The new trim, Rapid Rider Plus comes powered with BSVI-compliant one-litre petrol engine which delivers a power output of 110 PS

Malini Parthasarathy replaces N Ram as chairperson of The Hindu group

Parthasarathy was co-chairperson of The Hindu Group of Publications and editor of The Hindu newspaper from 2013 to 2016

RP-Sanjiv Goenka Group acquires 51% stake in video news app, Editorji

Launched in 2018 , Editorji is a digital news player, primarily in current affairs news content. It delivers news in two languages - English and Hindi and across three formats of video, audio and text

RIL 43rd AGM: Jio biz update, bonus, Aramco deal details. What's in store?

So far, RIL has raised a record Rs 1.18 trillion in less than three months by selling 25.24 per cent stake in Jio Platforms.

Wipro Q1FY21 consolidated net up 0.1% YoY at Rs 2,390.4 cr, revenue up 1.3%

On a sequential basis, revenue declined 5 per cent.

Investment community backs separation of chairperson-CEO role: Survey

Most members believe that companies with a separation of roles may outperform, or slightly outperform, those that do not separate the roles

Essentials tag unlikely to benefit pharmaceutical companies in Q1

Channel stocking in US in March quarter, lockdown impact hint at drop in earnings