Page 3175 - Company News

IOC, BPCL restart project-work after relaxation of Covid-19 lockdown norms

IOC said it has resumed work on 64 select projects with a combined allocation of about Rs 21,375 crore

Order inflow to improve for manufacturers of specialty chemicals

Galaxy Surfactants, SRF, Aarti Industries among companies to benefit given supply of essential ingredients, alternative supply chain to China and weak crude oil prices

Voda Idea pays Rs 1,367 cr to govt towards licence, spectrum charges

Officials said that the telecom department has received the payment made by Vodafone Idea, and added that other operators had made their payments earlier

Covid-19 to take a toll on bonuses of domestic mutual fund employees

Some asset managers may skip the payouts altogether as they take cognisance of the impact the Covid-19 pandemic may have on future earnings

IOC says working full throttle to meet rising LPG demand in Tamil Nadu

Company says its 12 bottling plants in the state are running at full capacity without disruptions, many a times on Sundays and holidays as well.

OMCs on stronger wicket, oil producers stare at losses as crude plunges

Refiners like Reliance Industries may also see inventory losses adding pressure on already weak refining margins

US FDA clears Aurobindo Pharma Unit IV, reverts classification to VAI

The latest classification, VAI, suggests that though certain objectionable conditions were found during the review, they did not warrant any further regulatory action

This small-cap company has found its watershed moment in Covid-19 pandemic

Kilpest India, one of the companies that have received ICMR's approval to produce RT-PCR kits for Covid-19 testing, has seen its share price more than double since April 1

Availability of components critical to restart manufacturing: Automakers

It has been nearly a month since automakers suspended operations across their plants as Covid-19 pandemic spread across the country

Ind-Ra rates Mahindra & Mahindra NCDs 'AAA' with stable outlook

M&M has a diversified business profile with presence across farm equipment, auto and automotive components, defence, information technology, hospitality, steel trading, infrastructure and aerospace

Covid-19: Paytm Payments Bank crosses Rs 1,000 crore in savings deposits

PPBL has been witnessing an accelerated rise in the deposits, as more people are embracing digital banking during Covid-19.

46% drop in hiring at Microsoft in April, only 3 jobs openings at LinkedIn

Google reportedly decided to freeze hiring for the rest of the year due to Covid-19 pandemic

Hackers sold data of 267 mn Facebook users for just Rs 41,500: Details here

Given that the data contains sensitive details of the users, it might be used by cybercriminals for phishing and spamming

Infosys won't pause hiring even as it freezes salary hikes and promotions

Plans to make 35,000 jobs offers this year, including fresher and laterals, says won't layoff staff owing to Covid-19 business

Covid-19 clouds Infosys' prospects as Q4 results indicate quantum of pain

Firm suspends guidance because of pressure in key geographies

Mahindra & Mahindra tractor-led portfolio to cushion revenue fall

Higher tractor margins, cash on books and better capital allocation policy are positives

European EPC major A&M Group enters India in JV with Oberoi Group

The joint venture Oberoi-A&M Infra-Consortium will also handle the Saarc operations of the European group

'Respect' govt decision on sale of non-essential goods: Flipkart

In a mail to employees, Krishnamurthy also encouraged them to explore innovative ways to drive value for the ecosystem including sellers, brands, kirana stores and customers

Brands get creative with customer engagement to stay relevant amid crisis

New services, new offers, new alliances and with a little help from technology, brands reimagine their relationship with consumers

Bharat Petroleum divestment process begins amid coronavirus lockdown

Assam gives NOC for sale of 61.65% stake in Numaligarh Refinery, a BPCL subsidiary