Page 3208 - Company News

Coronavirus impact: As data usage jumps, telcos ask govt for more spectrum

With people staying at home, data usage has grown considerably and telecom networks are feeling the pressure

Coronavirus impact: Telcos face a big challenge to keep India Inc connected

In a bid to do this at the available capacity, Bharti Airtel and Vodafone Idea have said they are doing everything to keep the situation under control

Bigbasket bags milk delivery app DailyNinja, strengthens Bengaluru reach

DailyNinja currently caters to around 110,000 customers transacting daily and will augment the company's essentials-focused delivery service BBDaily's extensive non-milk range.

Future group seeking buyers for insurance arm to pay off its debt

The total market capitalisation of the group's listed firms fell to Rs 10,740 crore from Rs 42,000 crore reported a year ago

Tamil Nadu firms suspend manufacturing over coronavirus outbreak

The state government said on Tuesday that six more people were tested positive, taking the total number of positive cases to 15

Bajaj Auto opposes move to extend deadline for clearing BS-IV stocks

The automobile companies are supposed to stop selling any BS-IV vehicles by April 1

Gopalpur port carries on normal operations amid coronavirus scare

The port has taken all precautionary measures to prevent the spread of Covid-19

Efforts on to develop antibody-based test kits for Covid-19: Biocon CMD

She also emphasises on the need for a Covid-19 database and more R&D investment towards communicable diseases to be future-ready

Coronavirus impact: Delivery for e-commerce firms comes to a grinding halt

Government of Karnataka and Maharashtra have now put out an order saying that e-commerce shall be excluded from the restrictions to prevent the spread of Covid-19.

Coca-Cola, Pesico suspend manufacturing operations amid Covid-19 outbreak

The duration of this lockdown is uncertain at this point in time and will depend upon directives issued by the respective government authorities.

Remain optimistic about future despite uncertainty due to virus: TCS CEO

TCS has taken proactive measures such as travel restrictions, cancellation of events and large internal meetings, safe working environments and processes that have helped minimise the impact.

Closure of manufacturing plants to cost over Rs 2,300 cr loss per day: SIAM

Hero MotoCorp, Honda Motorcycle and Scooter India, TVS Motor Company, Bajaj Auto, Yamaha and Suzuki Motorcycle have also suspended production.

MEITY advises states to treat e-commerce delivery as essential service

The Indian e-commerce sector has come to a halt across the country including the supply of essential commodities due to various lockdowns to prevent the spread of Covid-19

Tamil Nadu to set up Pharmaceutical Ingredients Park with Rs 770 crore

State has reported 15 positive Coronavirus cases so far

Coronavirus: UP sugar mills apply for hand sanitiser manufacturing licenses

Balrampur Chini, Birla, Dalmia etc to manufacture sanitiser at captive distilleries

Coronavirus impact: FMCGs on toes to keep manufacturing on track

Workforce is down to 25 per cent in many units. Some are even thinner at 15 per cent attendance only

India to suspend domestic flights, seeks to lock down coronavirus spread

The country banned international flights for a week on March 20, and many states in the country have either curtailed or suspended public transport as preventive measures against the disease.

India's coal stocks breach 100 mt as demand weakens in coronavirus crisis

While the coal stocks in the Maharatna company peaked to around 60 mt, coal stocks in power plants rose to 41.41 mt - the highest ever inventory level in the country till date

Covid-19: Netflix to reduce traffic on networks to mitigate congestion

Companies like Amazon Prime Video are also temporarily lowering bit rates - a measure of how much data is being transferred - to ease pressure on telecom network infrastructure

Whistleblower case: SEC concludes probe; no action expected, says Infosys

In October last year, Infosys had informed stock exchanges of having received anonymous whistleblower complaints alleging certain unethical practices by the top management