Page 3078 - Company News

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

Covid-19 to hurt insurance industry's new biz premium in FY21: IDBI Federal

IDBI Federal said the growth in individual new business segment among private players was higher than overall growth consecutively for past three years

Balkrishna Industries explores new markets to import chemical, raw material

BKT is the only tyre maker in the country, which has its own Carbon Black plant at Bhuj, with its total current capacity at 1,40,000 metric tonne per annum

Ericsson India eyes contracts in Indian market on strength of technology

Global giants Ericsson, Nokia and Samsung, as well as Chinese vendors Huawei and ZTE are the large players in the Indian market

E-comm firms start work on country of origin tags for over 600 mn products

Industry insiders said that the e-commerce platforms had started working on the technology feature which involves a lot of coding, building algorithms and databases

How Covid has forced fence-sitting retailers to jump onto digital bandwagon

Right from product demonstration to enabling purchase - everything is being managed these days through "virtual personalisation"

JSW Steel plans to reduce capex target by 45% to Rs 9,000 crore for FY21

World steel association has also lowered its forecast for steel demand for calendar year 2020

Alembic Pharma sees domestic business growing in double digits this fiscal

Strong brand recall, an efficient sales force, a growing network of supportive doctors and timely product launches are the key catalysts for this business

Elon Musk, Mukesh Ambani now richer than Warren Buffet: Check top 10 list

Tesla chief's fortune rose by $6.07 billion on Friday, following a 10.8% jump in the electric carmaker's stock, according to media reports

Covid-19 effect: Air India withdraws job offers for 180 trainee cabin crew

Air India says it's 'discontinuing with training arrangement' because of the troubles in the aviation sector

PNB Housing to seek shareholders' nod to raise Rs 45,000 cr through NCDs

Bonds/non-convertible debentures constitute significant portion of company's total borrowings, says state-owned lender

Dunzo suffers data breach; users' phone numbers, email IDs exposed

Google-backed delivery services startup says clients' payment information was not compromised.

DMart Q1 net profit tumbles 88% to Rs 40 cr due to Covid-19 lockdown

Owner of Avenue Supermarts reported a profit of Rs 323 crore in the same quarter last year

Shriram EPC to raise Rs 250 crore from West Asia-based Markab Capital

Markab has around $1 billion in assets under management and has significant experience in investment in EPC and construction companies as well as telecom and real estate

Biocon's drug Itolizumab gets regulator nod to treat Covid-19 patients

The drug which has got approval to treat moderate to severe Covid complications will be manufactured as an intravenous injection at Biocon's Bengaluru plant

Drug controller approves Biocon's psoriasis drug for emergency Covid-19 use

The firm presented the phase II clinical trial results to the drug regulator which were deliberated upon by the Subject Expert Committee of the DCGI's office

Musk soars past Warren Buffet to become 7th richest billionaire: Report

Tesla chief's fortune rose by $6.07 billion on Friday, following a 10.8% jump in the electric carmaker's stock, Bloomberg News reported.

Ircon marks 27% growth in Q4 profit at Rs 122 cr, turnover at Rs 1,788 cr

Earnings per share increased to Rs 13.02 in Q4 FY20 as compared to Rs 10.16 in Q4 FY19, it said in a statement late on Friday after the closing of market hours

RIL closes four Jio stake sale deals, receives Rs 30,062 cr from investors

Reliance had sold a total of 25.09 per cent stake in the subsidiary which houses India's youngest but largest telecom firm, Jio, to 11 investors for Rs 1,17,588.45 crore