Page 3185 - Company News

India battles supply snags, labour shortages to make affordable ventilators

Nocca is in talks with several large manufacturers to start production once its prototypes clear tests by early May

Facebook to invest $5.7 bn in RIL's Jio Platforms to pick up 9.99% stake

Jio Platforms, Reliance Retail and WhatsApp also enter into a commercial partnership agreement

Facebook's $5.7 billion investment in Reliance Jio: All you need to know

With this investment, Facebook will own 9.9 per cent stake in Jio Platforms. This would be Facebook's biggest minority shareholding ever

Need to open industry across zones amid Covid-19 lockdown: CII to govt

The Home Ministry order classifies areas of large outbreak, or clusters with a significant spread of the virus, as 'hotspots' or red zones.

Bombay HC quashes criminal charges against ex-IFIN auditor Deloitte & KPMG

Grants govt eight weeks' time to appeal in Supreme Court despite opposition from the auditor's lawyers

Airlines seek 6 month lease rent deferral, rates reduction to cut costs

Aircraft lease rentals account for around 15 per cent of an airline's overall expense and since these are paid in dollars are also subject to currency fluctuation.

Covid-19: Wipro Consumer Care fast-tracks launch of health-related products

According to reports, the Indian hand hygiene market is expected to cross Rs 2,000 crore by 2025 registering a compounded annual growth rate of more than 9 per cent

Facebook to buy 9.9% in Jio for $5.7 bn in largest tech FDI for minority stake

In a Facebook post, Mark Zuckerberg announced that the two companies are joining hands to help people and businesses in India create new opportunities

Coronavirus impact: Airlines dismiss proposal to keep middle seat vacant

Suggest mandatory masks, gloves for passengers to ensure safety

Netflix adds 15.8 mn customers during quarantine, warns boost is temporary

Total revenue rose to $5.77 billion from $4.52 billion. Analysts on average had expected $5.76 billion

High expectations raise risk for stocks of general insurance companies

Benefits of lower claims could get offset by subdued premium collection and fixed costs

Coronavirus clouds Infy's prospects; firm suspends guidance over pressure

Q4 results also indicate the quantum of pain Infosys is witnessing due to the Covid-19 pandemic

RBI's EMI moratorium could give Rs 2.1 trn liquidity to companies: Report

'Sectors with higher leverage will be major beneficiaries'

Trump to suspend immigration temporarily, Indian IT industry awaits details

Amid the ongoing pandemic, unemployment claims in the US have risen exponentially

Lockdown 2.0: Some respite for construction firms, but road ahead is long

Companies with stronger balance sheet and early cycle plays like L&T, J Kumar Infra, IRB Infra, Sadbhav Engineering and NCC though may be considered on dips, say analysts

Why investors shouldn't try buying troubled consumer durable stocks on dips

To be fair, consumer durable companies had defied slowdown till December 2019. But, with revenues projected to dip by 5 - 9 per cent in Q4, it will pull down FY20 earnings.

OMCs, RIL better placed; oil producers stare at losses as crude plunges

Reliance Industries' higher cost efficiencies and diversified business model will prove helpful

Covid-19 outbreak: Govt eases AGM deadline for certain section of companies

Under the Companies Act, 2013, companies have to hold their Annual General Meetings (AGMs) within nine months from the end of their financial year.

Swiggy to downsize private brand kitchens, impacting 900 staff: Report

As COVID-19 disrupts daily life across the country, the hospitality industry has come under severe pressure

Rising costs, political unrest, Covid-19: Triple whammy for tea industry

The tea industry, hit by rising costs, falling prices and political unrest in the North Bengal plantations, is especially vulnerable to the Covid-19 lockdown