Page 3560 - Company News

Amazon launches fulfilment centre in Maharashtra ahead of festive season

Rival Flipkart also recently announced expansion of its supply chain ahead of the festive sales

R Ramamoorthy appointed chairman and managing director of Cognizant India

Ramamoorthy, who has been with the company for more than 21 years, played a leading role in developing many of the company's India-based portfolios

5G spectrum offer may shrink as defence ministry refuses to give away share

Defence ministry has refused to part with its share of 100MHz spectrum

Three companies show interest to acquire Emami Group's cement arm

Emami Cement is currently focussed on east India, with its plants in Risda in Chhattisgarh, Panagarh in West Bengal, and Jajpur in Odisha

Battle for Aarey: Activists leverage social media to take on Mumbai Metro

Activists say this is not a development versus environment debate, but an attempt to save the city from the grubby hands of corrupt politicians

Cap surge pricing by Uber, Ola at 25 per cent: SJM urges Transport Ministry

The SJM also demanded that in case of ride cancellation by a taxi-app company or the driver, Rs 100 or an amount equivalent to 20 per cent of the fare should be credited as a penalty

Apple has big plans for India, electronic cos bullish about country: Prasad

The minister said he had a whole-day meeting with global and Indian chief executive officers of the electronics industry on Monday

Coffee Day inks deal with Blackstone to sell Global Village for Rs 2,700 cr

The company board had recently approved the sale of prime real estate property GV Tech Park as part of efforts to raise funds for paring the debt

Jio continues to lead 4G mobile broadband chart in Aug with 21.3 mbps speed

Airtel followed Jio with an average download speed of 8.2 mbps, and was followed by Vodafone and Idea Cellular in August

High prices deterring telcos from bidding for 5G spectrum: Industry group

The industry laments that the spectrum prices proposed in India are four times higher than other markets

Medikabazaar offers to hire around 200 recently laid-off Zomato employees

Zomato had laid off 541 employees across its customer, merchant and delivery partner support teams earlier this month

Inside Oyo Hotels founder Ritesh Agarwal's $1.5 bn share buyback plan

Agarwal is pledging his shares to finance the buyback, which will see his shareholding rise to about 30% from 10% currently

Pepsico collects, recycles its entire used PET bottles in Maharashtra

Under the extended producer responsibility EPR) programe, Pepsico India collected 6,500 metric tonne of post- consumer PET

LIC equity kitty takes Rs 57,000 crore hit in Q2FY20 amid market weakness

As of the June quarter, the value of insurer's holdings in listed companies stood at Rs 5.43 trillion

No slowdown in online consumer spending in India, say Amazon and Flipkart

According to a report by consultancy firm Kantar, the number of online buyers has dropped across several key categories in the first half of 2019

Synergy Group in talks with lenders, govt on grounded Jet Airways revival

A source privy to the development said the group's representatives were planning to meet aviation ministry officials this week before taking a call on whether to send a team for detailed due diligence

Crude shock: Rise in oil prices may deepen India's auto crisis, say experts

Spike in oil prices will translate into a matching or higher increase in fuel prices in domestic market

KKR India picks up nearly 10% stake in CG Power by enforcing pledge

KKR India Debt Opportunities Fund II and KKR India Financial Services Ltd acquired a total number of over 6.26 crore shares or around 10 per cent stake in CG Power

Drone attack on Saudi oil facilities: Biggest disruption in three decades

The drone attack on Saudi Aramco's Abqaiq oil processing facilities on Saturday almost destroyed the plants

Zomato fails to buy peace with restaurants, Gold remains bone of contention

Restaurants make it clear they won't be part of membership scheme