Page 3641 - Company News

Three Japanese directors resign from Maruti after poor Q1 results

Kazunari Yamaguchi, Kazuhiko Ayabe, and Toshiaki Hasuike have resigned from the board of the company with effect from July 26

Jio emerges biggest telco after Vodafone Idea unveils Q1 numbers

Voda Idea's June quarter net loss at Rs 4,873 crore

Tesla may run on Indian roads in 2020: Elon Musk to IIT-Madras students

Breaking his silence over India plans, Elon Musk tweeted in March this year that he would love to be in the country in 2019 or next year

Elon Musk's Boring Co raises $120 million in first outside investment

The investment values the company at about $920 million after the new cash injection, according to a Boring Co. spokesman

Google crushes Q2 earnings expectations; stock rises more than 9%

The company reported profit of $14.21 per share, or $9.9 billion during the quarter, nearly triple what it made last year

Airtel to give 9.7 lakh equity shares to Tata Teleservices stakeholders

But the Department of Telecom is yet to take this merger on record and is likely to challenge the deal in the Supreme Court.

NCLAT stays NCLT order approving Dhanuka Lab's resolution plan for Orchid

The CoC had selected the proposal of Dhanuka Laboratories and gone ahead with the voting even as Accord Life Spec approached the NCLT against CoC's decision

Zomato plans to extend Gold loyalty scheme to online users from August 15

Zomato is in the process of signing up restaurants that already deliver through the Zomato app for this programme

Maruti Suzuki stock unlikely to pick pace; Q1 net profit declines 27%

However, it is still on better terrain than competitors, say analysts

Airtel Africa's net dips 12% to $132 mn in Q1, revenue up 7% at $795.9 mn

This was Airtel Africa's first results announcement after the $750-million initial public offering in June

Birlas invest Rs 1,450 cr more in unlisted private entity Essel Mining

Funds have been used to invest in Vodafone Idea rights issue

YES Bank acquires 18.55% stake in Cox & Kings, now 2nd-largest shareholder

Cox & Kings has been facing a liquidity crisis, resulting in loan defaults and rating downgrades in the past few months

SpiceJet engineer killed during maintenance was untrained: DGCA panel

The engineer was killed after he got stuck between the hydraulic door flaps of the main landing gear of an aircraft during maintenance

M&M's GA8 planes to fly after Australia, EU lift grounding orders

Australia's Civil Aviation Safety Authority said the precautionary suspension was triggered by initial information that the plane had broken up in flight

Jio is India's biggest telecom player; Voda Idea user base dips to 320 mln

Reliance Jio had a user base of 331.3 million in June 2019.

Flipkart bets on furniture, to set up 'experience centres' for customers

As customers look for a touch-and-feel aspect before buying furniture online, Flipkart's experience centres aim to bridge this gap by showcasing its certified products at strategic locations

The short-lived invincibility of real estate baron Anil Sharma

Till everything fell apart, his close friends believed that the man, known for his sharp wit, great people skills and always equipped with a 'Plan B', could get out of any crisis

Kesoram eyes tie-up with global tyre firm, plans to hive off business

While Kesoram is eyeing a partnership for the tyre business, it is also working on scaling up the business

Amazon optimistic about a stable ecommerce policy in India, says CFO

Company says this would help it continue investing in technology and infrastructure and create jobs

Flex opens its eleventh mobile making unit in Tamil Nadu on 159,000 sq ft

The ten other facilities of the company in India occupy more than one million square feet and offer manufacturing, after-market services and global business services