Page 3514 - Company News

Huawei's Honor to launch Android smartphone in India by end of this year

Honor has come with its operating system HarmonyOS after the US government announced a ban on supplies of components and software by American companies to Huawei

Reliance Jio questions legality of Trai's IUC paper, invokes Article 14

It also alleges that the move will impact the credibility of the regulator as well as investor confidence

Hiranandani group to invest Rs 500 crore to develop a new housing project

Hiranandani group is selling apartments in this project at Rs 1.25 crore onwards.

Wipro plans to promote around 5,000 employees to check attrition

In Q2FY20, Wipro's attrition rate stood at 17%, which was 60 bps lower than the previous quarter. As compared to Wipro, Infosys reported 170 bps fall in attrition on sequential basis to 21.7%

Dalmia Bharat Cement plans expansion, aims to become pan-Indian player

The Murli Cement deal, which comes Riders, will establish the Company's presence in Maharashtra; firm has started process of acquiring land for new plant in Rajasthan

Adani Group chalks up plan to invest Rs 18,000 crore in airport business

Sets aside Rs 10,000 cr to buy Mumbai airport stake

Chalet Hotels may buy out Accor's Novotel in Pune for Rs 290 crore

Deal will be the first acquisition by the K Raheja Group company

Consumer business growth to offset refining woes: Reliance Industries

Deleveraging, profit upside from digital initiatives are major earnings drivers

PE-backed Invenire Energy acquires UK's Hardy Oil and Gas for $22 million

Invenire had recently bought a subsidiary of Jubilant Energy via insolvency process

Govt to invite preliminary bids for 100% stake sale in Air India next month

The airline is sitting on a debt pile of around Rs 58,000 crore, besides huge accumulated losses running into thousands of crores

After e-vehicle initiative, Ola goes for an internal reshuffle for Drive

Perfecting tech and handling state licences would be the main focus for the new team

Reliance Jio may need more 4G spectrum to cater to user growth: Analysts

Jio's average revenue per user (ARPU) dip in July-September (Q2) was impacted by better subscriber mix and shift to long-term value packs

Govt asks Amazon, Flipkart to reveal top 5 sellers, capital structure

These questions were sent to them after several complaints were made to the department by traders body CAIT that e-commerce companies have been violating the foreign direct investment policy

RP-Sanjiv Goenka's Too Yumm! adopts unconventional distribution channel

Within a year of launch, Too Yumm! achieved sales of Rs 200 crore, growing at 15-20 per cent month on month - one of the fastest in the country to do so

Television premiere window shrinks as Reliance Jio threat looms large

Jio's first day first show plan has set off a mad scramble among movie channels

Upendra Nath Sharma elected to law firm JSA's executive committee

The vacancy was created by the retirement of Amitabh Kumar on October 10, 2019

Jio terms IUC review anti-poor; says move undermines PM's Digital India

Any change in implementation of original timeline of January 1, 2020 will end the free voice regime and is likely to increase tariffs which is against consumer interest, Jio claimed

RIL says on track to produce gas from new field in KG-D6 block by mid-2020

Reliance Industries has so far made 19 gas discoveries in the KG-D6 block

Sold 1.8 times more cars than our closest rivals: Mercedes-Benz India CEO

The luxury segment is down by more than 20% in the first nine months of 2019, says Martin Schwenk, MD & CEO, Mercedes-Benz India

Two-wheeler makers get export breather amid slump in domestic sales

Two-wheeler exports rise 4% in April-Sep; Bajaj Auto leads the pack