Page 3323 - Company News
Mukesh Ambani set to build Alibaba-like $24-bn e-commerce giant for India
The move is the latest sign of the Reliance group's pivot towards data and digital services for future growth, as it builds an online platform to take on the likes of Amazon and Flipkart in India
 "Mukesh Ambani set to build Alibaba-like $24-bn e-commerce giant for India")
Amazon's $1 bn deal with Saudi stalled after Khashoggi's killing: Report
Amazon will not take part in a Saudi investment conference starting Tuesday which is set to mark Crown Prince Mohammed bin Salman's return to the world stage
 "Amazon's $1 bn deal with Saudi stalled after Khashoggi's killing: Report")
Amazon India's e-commerce arm narrows FY19 loss to Rs 5,685 crore
This is a 9.5% decrease from the last financial year, when the company had posted a loss of Rs 6,287.9 crore
 "Amazon India's e-commerce arm narrows FY19 loss to Rs 5,685 crore")
It's traders vs Amazon, Flipkart over online prices & a level-playing field
As traders prepare to hold a nationwide agitation against Amazon and Flipkart this week, the government weighs its options
 "It's traders vs Amazon, Flipkart over online prices & a level-playing field")
Amazon introduces 'Project Zero' in India to block counterfeit goods
Over 7,000 brands have already enrolled in Project Zero across US, Europe and Japan. A number of Indian brands participated in a pilot to help the company test the experience in India
 "Amazon introduces 'Project Zero' in India to block counterfeit goods")
Power Finance Corporation's $750-million bonds gets over-subscribed
First government company to issue bonds with more than 10 years tenure
 "Power Finance Corporation's $750-million bonds gets over-subscribed")
How big tech is turning New York into a city that rivals Silicon Valley
Amazon, Apple, Facebook and Google will soon have 20,000 workers in the city, many in a cluster of offices on the West Side
 "How big tech is turning New York into a city that rivals Silicon Valley")
Amazon boss Jeff Bezos may face traders' protests during his India visit
Bezos will participate in an Amazon event in capital New Delhi aimed at connecting with small and medium-sized enterprises
 "Amazon boss Jeff Bezos may face traders' protests during his India visit")
Ahead of Jeff Bezos visit, Amazon pumps in Rs 1,715 crore into India units
Fresh investment comes at a time when CCI has ordered an investigation against Amazon and Walmart-owned Flipkart on complaints of deep discounting practices and tie-ups with preferred sellers
 "Ahead of Jeff Bezos visit, Amazon pumps in Rs 1,715 crore into India units")
After 5 years, Amazon CEO Jeff Bezos' India visit on a different track
Unlike in 2014, the Amazon founder and CEO seems to be skipping Bengaluru in his second visit post India launch, according to people in the know
Amazon's $1 bn to encourage predatory pricing, crush retail trade: CAIT
CAIT, which has been opposing Bezos' visit to India, said more than 500,000 traders supported its protests in about 300 cities, and about 5,000 trade associations participated
 "Amazon's $1 bn to encourage predatory pricing, crush retail trade: CAIT")
Stock up: Google-parent Alphabet joins $1 trillion valuation club
Shares of the Internet search giant are up nearly 17% over the last three months, outpacing a broader rally in the S&P 500 index over the same period by 6 percentage points.
 "Stock up: Google-parent Alphabet joins $1 trillion valuation club")
AGR dues: Multiple provident funds had loaned money to crisis-hit Voda Idea
Vodafone Idea is required to pay Rs 53,038 crore to the government as per the Supreme Court order which came in October
 "AGR dues: Multiple provident funds had loaned money to crisis-hit Voda Idea")
CBI books Adani, NCCF ex-officials for alleged coal contract irregularities
The CBI alleged that acts of "omission and commission" by the NCCF officers disclose that they acted in "a manner as unbecoming of public servants" and conspired with the company
 "CBI books Adani, NCCF ex-officials for alleged coal contract irregularities")
German FMCG major Dr Oetker beats slowdown with 24% growth in 2019
Peanut butter accounts for 20-25% of the company's sales, while mayonnaise category accounts for 50% of the revenue
 "German FMCG major Dr Oetker beats slowdown with 24% growth in 2019")
CBI books Adani Enterprises, NCCF ex-officials in coal supply contract case
The matter dates back to 2010, when Andhra Pradesh Power Generation Corporation had floated a tender for the supply of 600,000 metric tonnes of coal
 "CBI books Adani Enterprises, NCCF ex-officials in coal supply contract case")
Air India sale: Govt may issue EoI, share purchase agreement in 3-4 days
An official said 'a group of ministers, headed by Union home minister Amit Shah, had on January 7 approved the EoI and the SPA for the airline'
 "Air India sale: Govt may issue EoI, share purchase agreement in 3-4 days")
Money laundering case: ED files chargesheet against former BPSL CMD Singal
Singal was placed under arrest on November 22 last year under the PMLA after he was questioned in connection with the case
 "Money laundering case: ED files chargesheet against former BPSL CMD Singal")
China's Great Wall to buy GM's Talegaon plant for about $300 mn: Report
The deal will give a jumpstart to Great Wall's plans to build and sell cars in India
 "China's Great Wall to buy GM's Talegaon plant for about $300 mn: Report")
Piramal Enterprises sells DRG business to Clarivate Analytics for $950 mn
This divestment is expected to be completed by end of February 2020, Piramal Enterprises (PEL)said in a statement
 "Piramal Enterprises sells DRG business to Clarivate Analytics for $950 mn")