Page 3104 - Company News

SUV game hots up: Mercedes shifts to higher gear in race with Audi

New GLS is 7th SUV in lineup, Offers Covid-19 Lab Navigation

GAIL, Adani, Petronet LNG join IGX; gas price of $4.07 per unit discovered

Launched on Monday, the platform - set up by the Indian Energy Exchange - has so far traded 100 mmBtu gas.

How three MSMEs turned the coronavirus challenge into an opportunity

Many people running MSMEs fear that the support offered by the government might not be enough, while many others are tweaking their business models - basically trying to do more with less

Brands chant the affordability mantra as they chase thrifty customers

The familiar playbook of flexible payment schemes, value packs and discounted sales dons a post-pandemic avatar as brands chase thrifty customers

DoT may ask BSNL not to use Chinese equipment in 4G upgradation: Report

The development comes at a time when Indian and Chinese armies are engaged in a standoff in Pangong Tso, Galwan Valley, Demchok and Daulat Beg Oldie in eastern Ladakh

US-based Freshworks Inc announces strategic partnership with TCS

TCS will provide its global experience with extensive market presence and deep contextual knowledge of customer engagement, and digital offerings built on its Business 4.0 thought leadership framework

Jio may capture nearly half the Indian telecom market by FY25: Bernstein

Jio's market share is expected to rise from 36 per cent in FY20 to 40 per cent in the current fiscal and to 48 per cent in FY25, it said

CCI to review Facebook's purchase of 10% stake in Reliance Jio

The US social media giant's $5.7 billion investment in Reliance's digital unit is the biggest among a string of investments amounting to $13.7 billion into Jio Platforms, controlled by Mukesh Ambani

HSBC revives plan to slash 35,000 jobs, freeze hiring to cut costs: Report

The bank will also maintain a freeze on almost all external recruitment, Chief Executive Noel Quinn said in the memo sent to the bank's 235,000 staff worldwide

Vistara in talks with Boeing to defer deliveries of Dreamliner planes

The airline inducted one such plane in the fleet in February and one is expected to be delivered next week out of its order for six 787-900 planes

Emami takes hit in key portfolio, to focus on health, hygiene and wellness

Despite a good summer, which ideally would have boosted the company's revenues in the summer portfolio, Emami saw a decline in demand with the consumer preferring to spend on essentials instead

M&M to develop four new platforms for tractors along with Mitsubishi

The partners are looking to start from 13 horsepower going up all the way to 70 horsepower, for markets like the US, Southeast Asia, India and Japan

Logistics provider Ecom Express to hire over 7,000 employees in 2 months

The hiring of new employees is driven by unprecedented need to keep the supply chain running for the e-commerce industry and in ensuring safe and timely deliveries

Natco Pharma Q4 PBT down 23% at Rs 117 cr on decline in Hep C portfolio

Total income for the quarter down marginally to Rs 477.2 cr; full-year pre-tax at Rs 569 cr

HDFC AMC's OFS fully subscribed, retail portion to be auctioned Thursday

Currently, Standard Life holds 26.89 per cent stake in HDFC AMC. After the OFS, its stake will decline to 21.25 per cent

Airtel acquires 10% stake in Mumbai-based edtech startup Lattu Media

Bharti Airtel - in a regulatory filing - said the acquisition of the equity shares of investee company is done at mutually agreed pre-money enterprise valuation

PM to launch auction of commercial mining with 41 coal blocks on Thursday

Coal Minister Pralhad Joshi had earlier said that by allowing commercial mining, the government has completely opened up the sector for investments

Indian IT firms strengthen Cloud practice as digital adoption picks up

Companies are tying up with Cloud platform firms, ramping up internal team of specialists

Amazon tests wearable device to help workers maintain social distancing

According to a report in CNBC on Tuesday, the device comprises a clear plastic sleeve and a clip which has an LED light and audio system embedded in it

India's contract labour laws are riddled with incentives for corruption

The migrant workers' crisis is also the tra­gedy of contract workers, who have been growing in numbers over the years