Page 3438 - Company News

Tariff hike will boost govt revenue, telcos' financial health, says COAI

The letter further said both domestic and international banks are unwilling to provide any form of liquidity to the TSPs given the poor financial prospects of the operators

IndiGo A320neo aircraft engine suffers snag, lands safely in Hyderabad

The PW engine-powered A320 neo planes in the fleets of IndiGo and GoAir have been facing glitches both mid-air and on-ground since their induction way back in 2016.

Uber sets up second centre in Visakhapatnam, plans to create 500 jobs

Working in a 24X7 model, the new centre, will employ dedicated people to support millions of Uber customers in India, South Asia, and APAC Regions

HDFC Bank faces glitches in online transactions, says no cause for concern

However, in a series of tweets, the bank said only some of the customers are facing the glitches and that there is no cause for any undue concern

Samsung becomes first smartphone company to hit $10 bn revenue in India

Samsung India posted a 20% jump in revenue in FY19, doubling its growth rate of 10% achieved during FY18.

Domestic steelmakers raise product prices for a second straight month

While steel producers expect the market to embrace price hike, industry officials are of the view that the consumer is not ready and continuous hikes of this kind may not be sustainable

Sanofi to sell surgical product unit Seprafilm to Baxter for $350 mn

The deal should close by the end of the first quarter of 2010, Baxter added in a statement confirming the purchase, which was reported earlier by Reuters

Nomura's joint operations chief to be new CEO, Nagai to become chairman

The reshuffle was announced on Monday as Nomura posted its strongest quarterly profit in more than 17 years

Karvy Fintech renames itself, appoints M V Nair as non-executive chairman

KFin Tech has also appointed MV Nair as the non-executive chairman the company with immediate effect

Man in the mirror: Beauty brands learn to cross the gender tracks

A phenomenal 177 male grooming brands have hit the shelves in India in 2017-18

HAL recorded profit of Rs 2,070 crore in 2017-18; revenue rose by 3%

In 2016-17, HAL recorded profits to the tune to Rs 2,606 but it declined by seven per cent, registering a profit of Rs 2,070 crore.

20% of online searches carried out in local languages, says Google

Google has been offering voice search in English since 2008 and in Hindi from 2014

Strong domestic and export growth to drive Ipca Laboratories' earnings

Ipca's first half performance holds testimony to its robust growth with India business growing in mid-teens

Accel India raises $550 million fund VI to invest on tech start-ups

Counted among top VCs, Accel has 117 active investments including Flipkart, Swiggy and Freshworks

Slowdown blues: Steel industry reels from poor demand, wafer-thin margins

Steel output has contracted for two consecutive months, after at least four years of continuous expansion.

Huawei GT 2 smartwatch set to be launched in India on December 5

The watch is equipped with Huawei's proprietary Kirin A1 chipset, which augments its battery life drastically

Despite good Q2 numbers, cloud over Info Edge's near-term prospects

While billing growth may remain under pressure for recruitment business naukri.com, analysts are sceptical about real estate segment 99acres.com sustaining profits

Amrapali stalled projects: SC asks home buyers to clear dues by January 31

The top court directed the ED that the investigation should be done impartially, properly and expeditiously within three months time

Corporate tax cut to boost investments; green shoots visible: Sitharaman

The finance minister said "people are approaching" the government for fresh investment which will help in generating more jobs as well as make India a manufacturing hub in the future

After Subhash Chandra's exit from Zee, acid test awaits son Punit Goenka

The litmus test for Goenka would be to take the financial investors, who've backed Zee, along with him even as he strives to weather the latest storm