Page 3339 - Company News

Street's contrasting reaction to AGR verdict hints at telecom duopoly

While Bharti Airtel stock price scaled a new high due to fresh buying by investors, Vodafone Idea stock was down 25 per cent as hordes of investors exited the counter

AGR verdict: Ball now in govt's court to salvage telcos, say banks

No scope for reworking repayment obligations unless there is a default, they say

ED examines profit sharing structure within Edelweiss group companies

Besides, the ED is looking into the alleged irregularities in import of pulses, and the role of Edelweiss firms in the merger of ICICI Bank with Bank of Rajasthan in 2010

Telecom dues: Curative petitions rarely admitted by SC, say analysts

The rules around curative petition are fairly tight as the petitioner has to establish that there was a genuine violation of principles of natural justice, say analysts

Great Wall Motors signs agreement to buy General Motors' Talegaon plant

The move marks the entry of one of the world's largest SUV makers into the Indian market

Piramal sells healthcare analytics subsidiary DRG to Clarivate for $950 mn

The company said it was a strategic investment for PEL and it decided to sell as it saw good value for its shareholders. The sale value is roughly five times the annual sales of DRG

Jet Airways to sell one of its Boeing 777 aircraft to Netherland's KLM

The deal value has not been disclosed, but sources said could fetch the airline around $23 million

HCL Tech reports 16.3% rise in net income in Q3FY20 to Rs 3,037 cr

HCL Tech reported a 15.5 per cent rise in annual revenue in constant currency to Rs 18,135 crore

RIL-Saudi Aramco 15-bn deal unlikely to close by March 31: CFO V Srikanth

The deal, aimed at cutting its massive debt and secure an assured supply of crude oil to its refineries, was expected to be closed by March 31, 2020

Global talent crunch hits record high, 54% companies face talent shortage

Employers in the US, Mexico, Italy and Spain reported the most acute shortages

Meet the restaurateurs who are offering taste and innovation on a platter

A new entrepreneurial force is taking your dining-out decisions for you. Veer Arjun Singh meets some of the people driving it

Maruti launches BS-VI compliant version Eeco, price starts Rs 380,000

The product is the company's ninth model which has been upgraded to comply with the upcoming stringent emission norms

Investors, trade bodies decry Piyush Goyal's statement on Amazon

Goyal said Amazon was not doing any favours by deciding to invest an additional $1 billion into India

Mastercard to invest $1 bn in India over 5 years towards tech development

Investment to feed development of new technology, products

Food delivery app Zomato raises Rs 353 crore from Antfin Singapore

This money will help the firm compete with firms like Swiggy, Uber Eats in the delivery space

Don't see impact on TCS from NCLAT's ruling on Chandrasekaran: Gopinathan

The Supreme Court has given a 'blanket stay' on the NCLAT order, the company's Chief Executive and Managing Director Rajesh Gopinathan said

Amazon Summer Sale from May 4; heavy discounts on mobiles, fashion

If you are a Prime member, you can already start scouting for your product as you get early access to avail the deals

Discount wars are brewing as Amazon, Flipkart fight for market share

These companies will look to expand India's e-commerce shopper base this festive season

Flipkart eyeing 70% market share to maintain lead over Amazon

Firm aims to push smartphone sales during festive season; Big Billion Days crucial for achieving target

The fight for the grocery basket

The battle between Amazon and Flipkart for India's groceries market is going to be about much more than low prices