Page 3062 - Company News

IT services sector may see downturn of up to -3% due to Covid-19: Icra

IT services companies have managed to overcome supply-led challenges through uninterrupted delivery of IT services through work from home model

Air passenger demand to contract 49% for Indian airlines in 2020: IATA

It said the airlines of the Asia-Pacific region will see passenger demand collapse by 53.8 per cent this year in comparison to last year

L&T announces three new board-level appointments in key business verticals

The new appointments have been made after Shailendra Roy, whole-time director, ceased to be a director of the company on account of his superannuation

India's large steel export volumes not sustainable in near term: Icra

China largest steel export destination for India during Apr-May

Pharma firms face tough Q1 as sales see sharp drop on Q4 channel stocking

Analysts estimate sequential decline of 18-26% during the quarter

L&T Board inducts Subramanian Sarma as Executive Director, promotes others

Sarma said L&T's power business has carved a niche for itself as an EPC player backed by strong and indigenous manufacturing capability

Vistara announces set of safe-flying measures amid Covid-19 pandemic

The airline has urged the customers to follow the set of measures for safe-flying and remain careful, observant, distanced and empathetic, whenever they fly

Google CEO Sundar Pichai has a virtual meeting with PM Modi

The talks mainly focused on attracting FDI into India and the role of technology giants in turning around the economy

VC fund HealthQuad gets Rs 514 crore from investors for second fund

HealthQuad has positioned itself as an Indian healthcare transformation fund, says company

Bengaluru to Patna, return of city lockdowns frustrates companies

From leading consumer goods companies to e-commerce giants, firms are again forced to divert their attention towards minimising obstacles

Google for India 2020 event to kickstart at 2 pm: Watch livestream and more

Unlike previous iterations, the Google for India 2020 will be conducted online due to the on-going coronavirus pandemic

Trai blocks Airtel, Vodafone Idea plans promising faster data speeds

Other subscribers must not suffer deterioration in service, says regulator in communication to two companies.

Govt tells PTI to pay Rs 84.48 crore for 'breaches' in its office premise

Urban Affairs Ministry's department warns PTI may have to pay an additional 10 per cent interest if it fails to furnish the amount within deadline.

ReNew Power gives salary hikes of up to 12% to staff amid Covid-19 crisis

Some clean energy firms in private sector have given hikes to employees but that is not across the board and is very nominal for lower income categories

Adventz Group faces challenge as Zuari Agro Chemicals shuts plant

Bankers say they are worried especially after the group flagship's plans to raise Rs 400 crore via a rights issue was put off and ongoing pandemic disrupted sales and production

Govt's ambitious call: Making electronics sector worth $400 bn by 2025

The first of a two-part series analyses the feasibility of goals set for electronics manufacturing

Retail business takes a hit as consumers maintain distance from markets

CAIT, Retailers Association of India say retail biz has been hit severely, by 65% in June

Qualcomm Ventures picks 0.15% stake in Jio Platforms for Rs 730 crore

Qualcomm Ventures is a global fund of Qualcomm that invests in pioneering companies across the wireless ecosystem in areas like 5G, AI, IoT, automotive, networking and enterprise

Qualcomm Ventures invests Rs 730 crore in Jio Platforms for 0.15% stake

Qualcomm Ventures is an investment arm of Qualcomm Incorporated

PGCIL panel approves Rs 239.89 crore investment in transmission project

A penal of its directors has approved an investment of Rs 239.89 crore in an electricity transmission project