Page 3081 - Company News

Setback for Tata, Adani, Essar: Gujarat scraps order to pay more for power

It will now sign supplemental PPAs with these units on a "case-by-case basis" over and above the existing PPAs.

Clear long-pending dues immediately: Air India pilot's body to Aviation Min

Pilots tell the national carrier that any pay cut has to be across the board and it has to match market standards.

Patanjali Ayurved-owned Ruchi Soya appoints Sanjeev Asthana as CEO

Asthana has done his post graduate in business management from Institute of Rural Management, Anand (IRMA) and International Trade from Indian Institute of Foreign Trade (IIFT), New Delhi

At 16.5 million, TikTok removed most number of videos from India: Report

TikTok removed over 49 million videos for content violations between July and December last year

BSNL, MTNL clinch Rs 15,000-cr sovereign guarantee; DEA sets stiff riders

For BSNL to be eligible for guarantee of Rs 8,500 crore, and MTNL to be eligible for guarantee of Rs 6,500 crore, the state-run telcos will have to pay a 1 per cent fee each.

Godrej Agrovet: Good prospects, but investors should look at stock on dips

Valuation, however, limits upside in the near term

Higher prices, lower costs to cushion Cement firms in June quarter

Virus-led disruption, availability of labour major concerns

Vodafone Idea defaults on rental, energy payments for June to tower firms

According to a senior executive of a telecom tower firm, Vodafone Idea cited payment of adjusted gross revenue (AGR) to the government and the resultant cash flow problems for the default.

Covid-19 weighs on TCS numbers in Q1; net profit falls 13.8% to Rs 7,008 cr

IT major says pandemic impact may have bottomed out

Google can ward off EU antitrust probe into Fitbit deal with data pledge

The deal announced in November last year allows Google, a unit of Alphabet, to take on Apple and Samsung in the fitness tracking and smart watch market

New business premiums of life insurance firms decline by 10% in June

Development is a sign that things are picking up after govt decided to gradually unlock because life companies had seen their NBP decline 32.6% and 25.4% in April and May, respectively

Unsure of hiring fresh graduates, IT companies venture off campus

The technology industry is one of the largest recruiters for fresh graduates in the country.

Ola steps in to reclaim its reputation with promise of safety, credibility

Threatened by the growing reliance on private vehicles and distrust of shared modes of transport, the ride-hailing brand steps in to reclaim its reputation

Punjab National Bank reports fraud of Rs 3,688.58 cr in DHFL account

The bank has already made provisions amounting to Rs 1,246.58 crore, as per prescribed prudential norms, it added

We'll be investing, hiring heavily in India over 5 years: Zoom President

Velchamy Sankarlingam also addressed the issue of Zoom's origin and identity, which has often been wrongly mentioned as Chinese

As Asian deals disappear, India becomes unlikely hotspot for M&A

Thanks to investments in Jio, India accounts for more than 12 per cent of announced deals in the Asia Pacific region so far this year, the highest ratio since at least 1998.

RIL, BP commence fuel retailing JV, to start re-branding petrol pumps

The new joint venture also looks to provide electric vehicle charging and other low carbon solutions over time

CMD Ramkumar Ramamoorthy puts in papers after a 23-year stint at Cognizant

Pradeep Shilige, Head of Global Delivery also resigned from the company. Accenture veteran Andy Stafford is replacing Shilige, said sources

SpiceJet offers coronavirus hospitalisation insurance to passengers

"Passengers can opt for the insurance cover ranging between Rs 50,000 and Rs 3,00,000 at a premium for as low as Rs 443 to Rs 1,564 a year (including GST)," the airline said.

Capgemini bucks trend, rolls out wage hikes, promotions amid Covid crisis

Performance review likely to see some retrenchments