Page 3298 - Company News

Wipro moves out of top-20 most valued companies list by m-cap

Avenue Supermarts grabs 20th ranking

IOC signs first term contract for Russian crude; Rosneft may bid for BPCL

Under the deal, Rosneft will ship 2 mn tonnes to India this calendar year

Cipla sees opportunity for its anti-HIV drug as coronavirus toll nears 500

Doctors are scrambling for a potent treatment for the virus, which is spreading fast and has no vaccines available yet

Disney Plus service to stream in India from March 29 through Hotstar

The announcement was made by Disney CEO Robert Iger during the company's quarterly earnings call on Tuesday

Infy, TechM get Delhi HC notices over flaws in GSTN online portal system

The two firms are IT support contractors for the portal

India outlook critical, seeking govt relief in various forms: Vodafone

The British telecom giant said the Department of Telecommunications had in November granted a two-year spectrum moratorium

TDS on e-commerce deals to hurt SMEs' working capital: Amazon's Agarwal

Agarwal was talking about the Budget proposal to introduce a new section in the Income Tax Act

HPCL net profit trebles to Rs 747 cr in December quarter on inventory gains

HPCL had a foreign exchange gain of Rs 82 crore in the December quarter as compared to a forex gain of Rs 557 crore a year back

YES Bank's ex director Agarwal writes to RBI seeking removal of MD

In a letter to RBI Governor Shaktikanta Das, Agarwal alleged breach of governance, non-compliance, undue influence and control on the majority members of the board by Gill through quid pro quo

Adani Enterprises Ltd Q3 PBT rises by 318% to Rs 440 crore

Commenting on the results, group chairman Gautam Adani said that the company continues to focus on incubating assets in transportation and utilities space

Bharti Airtel pitches for healthy telecom sector, Vodafone Idea's survival

Says three players will be healthy for the sector

DMart launches its QIP programme to raise at least Rs 4,000 crore

The company is currently valued at Rs 1.41 trillion and is among top 20 most valued firms in the country

Decline in raw material costs by 3.5% drives Apollo Tyres' margins

Weak demand, high competition could weigh on stock in near term

Limited product launches, tepid sales in US dent Cipla's Dec quarter show

Niche product launches are key triggers for North American market

MCA inspection may spoil the show for Zee; stock sheds 15% in two sessions

In a clarification to the exchanges, Zee acknowledged that it had received a letter from the MCA, seeking information and inspection

BNP Paribas looking for more opportunities to expand franchise in Europe

BNP Paribas' strategy is to increase its corporate and institutional client base

LinkedIn CEO Jeff Weiner steps down after 11 years, says time is right

Ryan Roslansky, senior vice president of product, will become CEO as of June 1

Bharti Airtel not to bid at 5G auctions over high prices, says CEO Vittal

On the operational front, its average revenue per user rose from Rs 128 in the September quarter to Rs 135

Tata Power to scale down generation, focus on T&D, renewable for growth

Tata Power is also in the process of monetising non-core assets

Walt Disney's weapon against Netflix and Amazon in India: Hotstar

Hotstar reported 300 million monthly active users last year