Page 3189 - Company News

Zomato, Urban Company make Aarogya Setu app mandatory for staff, partners

Government's coronavirus app will help companies to meet guidlines allowing e-commerce firms to function during the national lockdown.

Abu Dhabi Sheikh acquires 20% stake in Grocer LuLu, invests $1 billion

The company led by Sheikh Tahnoon Bin Zayed Al Nahyan acquired an almost 20 per cent holding in the Abu Dhabi-based supermarket group founded by Indian entrepreneur Yusuff Ali

Coronavirus lockdown: SAIL rings alarm bells over financial position

Impacted by customers in various sectors shutting operations

ACC's strong operating performance lifts sentiment amid Covid-19 lockdown

Despite the lockdown impacting volumes, lower costs drove earnings and beat expectations

Investors' high expectations raise risk for stocks of general insurers

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

AMC stocks turn vulnerable as SIP closure rises to 70% in March

Equity funds account for 42 per cent and 52 per cent of AUMs for HDFC AMC and Nippon AMC, respectively

Facebook-Jio deal may see more foreign e-commerce firms flock to India

WhatsApp's integration into Jio's e-com platform holds the key: Experts

Jio Platforms now more valuable than rest of RIL businesses put together

At Wednesday's price, RIL's market capitalisation stood at Rs 8.64 trillion. This means, the other businesses are being valued by the Street at Rs 4.28 trillion

Coronavirus spoils the show for media and entertainment business

The industry is at the cusp of a transformation, according to an EY report that came out in the early weeks of the Covid-19 onslaught

Companies shift focus on reskilling workforce for post-Covid world

With job losses and redundancies looming large, firms have taken to the idea of reskilling their workforce with gusto

Why Facebook is spending billions for a minority stake in Reliance Jio

The social media giant apparently seeks to catch up on mobile commerce after its WhatsApp Pay failed to make a mark

Why Facebook, Reliance Jio deal is a wake-up call for Amazon, Flipkart

Reliance Jio-Facebook deal is an attempt to marry e-commerce with social media, say analysts.

Facebook-RIL deal to drive investors' confidence in India's telecom space

Experts tracking the space are of the opinion that the investment reposes global investors' confidence in India's telecom and broadband space

After Facebook, what other deals are in the offing for Mukesh Ambani' RIL?

Mukesh Ambani, in August 2019, had said he wanted to make RIL a zero-debt company in 18 months by selling stakes in several businesses and unlocking value in some others

Retailers want govt to allow sale of non-essentials amid Covid-19 lockdown

Extend relaxations given to manufacturing units in green zones to retail sector, say industry players

Covid-19 impact: Cement companies resume ops with minimal production

UltraTech Cement, as well as other companies like Dalmia Bharat Cement, Heidelberg Cement India and others, said that partial operations at some of the companies' plants have resumed

Large stimulus critical for re-starting economic engine: MD, Ashok Leyland

Supply chains need to be re-started, migrant labour needs to come back to work (in a systematic and safe manner), and consumer demand needs to be triggered, says Vipin Sondhi

Oyo asks all employees to take 25% pay cut; some to be sent on furlough

OYO CEO for India Rohit Kapoor communicated the decision through an email to employees after a company townhall on Wednesday

Hindustan Unilever's valuation premium over peers hits record high

Trading at 77x, its trailing 12-month net profit against industry average of about 43x

Coronavirus lockdown measures drag Tata Steel's fourth quarter sales

Tata Steel India also achieved an eight per cent year-on-year production growth to 18.21 million tonnes for the full year FY20 along with best ever annual sales at 16.97 million tonnes