Page 3454 - Company News

WhatsApp's business chief Neeraj Arora quits in latest high-profile exit

WhatsApp now plans to launch its payments operations in India with a brand new team and a new man on top Abhijit Bose as head of WhatsApp India

Puranik Builders re-files IPO papers, plans to raise Rs 1k-cr to pare debt

Edelweiss Financial Services Ltd and Axis Capital will manage the company's initial share-sale. Shares of the company will be listed on the BSE and NSE.

Number portability feature shows more joining BSNL than leaving it: Prasad

The number of mobile connections of BSNL stood at 116.4 million as on August 31

From NPAs to revival, J&K Bank new chief has his task cut out

J&K bank's new chairman, Parvez Ahmed, said there was no substantial impact of the Kashmir unrest on the bank's operations

Dr Reddy's gives part manufacturing to China partners to tap local market

The products are manufactured either in the plant owned by KRRP in China, or partners in China, or in India by Dr. Reddy's

JLR open to technological alliances, not corporate merger: CEO Ralf Speth

Earlier this year, the maker of Jaguar sedans and Land Rover SUVs agreed with German luxury automaker BMW AG to develop electric car parts jointly

Oil minister hints IOC, other PSUs may not bid for stake in BPCL

The Cabinet Committee on Economic Affairs had on Wednesday decided to sell the government's entire stake in the country's second-largest state refiner BPCL and 4 other PSUs

Swiggy to invest Rs 75 crore in two years for cloud kitchen expansion

The food-tech firm already has 1,000 cloud kitchens in 14 cities, the highest by any player

Sony in talks to buy stake in Mukesh Ambani's Network18 TV media group

The Tokyo-based company is currently conducting due diligence on Ambani's Network18 Media & Investments Ltd. before any possible offer, the people said

GoAir sticks to Pratt & Whitney engines in 70 Airbus A320neo it has ordered

The selection gives a boost to the US engine firm, which lost out to rival manufacturer CFM International for IndiGo's 280 aircraft engine order in June

BPCL most lucrative among govt's divestment candidates, say analysts

The company should get good suitors as it is sitting on good infrastructure and has a stable business outlook; the valuation seems attractive

Tesla should disable 'autopilot' until it installs safeguards: US senetor

Markey, who wrote to Tesla about the issue earlier this week, cited YouTube videos and press reports that suggested drivers could travel long distances without touching the steering wheel

Residential property sales will take a year to improve, say top realtors

Residential sales have seen a slowdown for the past five years and prices have stagnated due to poor demand

Centre's strategic BPCL divestment may trigger bidding war among firms

The Centre on Wednesday decided to go for sale of its entire 53.29 per cent stake and transfer of management control in BPCL to a strategic buyer

India's online video streaming market: Where the 'big four' stand

YouTube, Hotstar, Amazon Prime Video, and Netflix are clearly among the top players

Any association with promoters will be prejudicial, says CG Power

Chairman made the observation related to several irregular transactions that the company revealed in a findings report in August this year

Subhash Chandra to sell 16.5% stake in Zee, become minority shareholder

Will sell 16.5% stake and retain 5.9%; promoters to retain management control

Sebi makes it mandatory for listed firms to disclose each loan default

Regulations on rights issue, portfolio managers revamped

RBI to supersede DHFL board, approach NCLT for bankruptcy proceedings

The central bank said it had appointed R Subramaniakumar, ex-MD and CEO of Indian Overseas Bank, the administrator for DHFL

Breather for telcos: 2-year moratorium on payment of spectrum dues

This comes soon after all three private telecom operators announced they were raising mobile phone tariff