Page 3573 - Company News

PhonePe's journey to become one of the most valuable startups

A recent Morgan Stanley report says, the Walmart group firm has potential to become a $20 bn company at current growth rate

Slow US economy, challenges in BFSI sector may drag IT firms in FY21

Slower growth in US economy, challenges in financial services sector may result in lower client spend

How an EY scholarship programme is helping strangers form life-long bonds

A EY scholarship programme helped Ajay Kumar and Sunita Abraham - two paths that were unlikely to ever cross - develop a lifelong bond

Zomato lays off 541 staffers, says blame it on automation

The reason behind the move is an improved Zomato platform with Artificial Intelligence (AI)-driven bots and automation

After talks, PSU OMCs begin jet fuel supply to Air India at 6 airports

Supplies to Air India resumed from Saturday evening, said an official spokesperson

50 shades of TV viewing: How Trai's new tariff order made it complicated

Trai's new tariff order has ushered in transparency and plugged leakages, bringing in better revenues for the industry. But it has made it more expensive to watch TV

Pepsi's bottling partner Varun Beverages raises Rs 900 cr via QIP

The company said the QIP issue opened on September 3, 2019 and closed on September 6, 2019

Enforcement Directorate grills Naresh Goyal over diversion of Jet funds

The enforcement agency is probing Goyal's offshore investments which were made through diversion of funds from Jet Airways to 19 shell companies allegedly managed by him

Three senior executives to leave IDBI Bank in September

Bank has reshuffled portfolios of executive directors to ensure smooth working of institution.

IVRCL up for sale, liquidator invites expression of interest from bidders

The company is under liquidation as a going concern following an order by the National Company Law Tribunal (NCLT), Hyderabad bench

Used car market on growth track, but auto crisis casts a shadow

Analysts and industry representatives fear that the slowdown in new car sales could have a spillover effect on the used car market

Street gives thumbs up to ONGC even as stake sale remains a challenge

With Brent now trading lower, ONGC's realisations are expected to decline in the September quarter

Indiabulls Housing stock slides 5% on allegations of fund diversion

Indiabulls said similar allegations were already filed under various individual names in July 2019

Reliance Jio seeks edge over Bharti Airtel with OTT bundled plans

Airtel has already announced such offers for its fibre broadband

Adani takes Bidvest to HC over Mumbai International Airport stake sale

The South African company has a 13.5% stake in Mumbai International Airport (MIAL)

Reliance Jio unlikely to disrupt home broadband space, say analysts

May not affect Airtel's business significantly in terms of customer churn

Prabhat Dairy stock up 20% on delisting plans; promoters to buy back shares

A board meet has been planned on Tuesday to discuss the delisting proposal

Slowdowns are the nurseries of capitalism, says Asha Ram Sihag

Sihag also took a swipe on the industry for calling it an unprecedented slowdown

Maruti asks spare parts industry to make electronic components in India

Maruti asks auto component industry to produce electronics, key parts in India to cut imports

Merger schemes help RInfra, RPower over-ride accounting standards

BSR & Co and Pathak HD & Associates were the auditors to both RInfra and RPower, until 9th August, when BSR resigned as auditor for both the companies