Page 3719 - Company News

Scooter sharing startup Bounce's valuation crosses $220 mn with new funding

Raises $72 million in a series C financing round led by B Capital Group and Falcon Edge Capital; would use capital to expand its presence nationally and strengthen its technology.

Piramal sells entire stake in Shriram Transport for around Rs 2,300 crore

Market sources said the company sold its shares for around Rs 1,000-1,015 a share

Steel imports from South Korea and Japan fill up the Chinese gap

The Indian steel industry has asked for a safeguard duty on steel imports

Sotheby's sold for $3.7 billion to telecom billionaire Patrick Drahi

Sotheby's is returning to private ownership after 31 years as a public company.

Airbus unveils new midsize long-range plane, to be ready for sale by 2023

The European plane maker launched the A321XLR jet Monday at the Paris Air Show, saying it will be ready for customers in 2023 and will fly up to 7,560 kilometers

Biosimilar launches in emerging markets, research key drivers for Biocon

Weak sentiments, rich valuations will weigh on the scrip in near term

Outlook for Piramal Enterprises is not bright; stock falls over 3%

Further unwinding of positions in Shriram Group firms is key worry

It's a Privilege: Jet's frequent flyer programme carries on as spinoff

As JetPrivilege outlives Jet, it challenges prevalent notions about brand loyalty while opening the door to a new engagement with old customers

IT-software sector remains top job creator in May, says report

Telecom and ISP has found itself on the top 10 list, registering stellar growth since 2018

MobiKwik partners DT One for recharge facility in more than 150 countries

The firm claimed such international foray was the first of its kind for any Indian digital payments player

Amazon to work with artisan cooperatives, back sellers of traditional art

Currently, it has around 2,100 sellers through which, the global e-commerce giant estimates, around 750,000 weavers and artisans in India are positively impacted

Amazon India is the country's most attractive employer brand, says survey

According to the REBR 2019, Amazon scored high on financial health, utilisation of latest technologies and a strong reputation

Hindustan Copper plans to increase ore production five times by 2025

It is also expecting the Kendadih mine to commence operations which it reopened in 2017

NCLT okays first resolution plan in realty; Oasis to invest in Vishwakarma

Sanjay Chugh, head of Chennai branch of Anarock Property Consultants, said the NCLT's okaying the resolution plan would boost the confidence in the sector

DCC asks Trai to review Rs 3,050 crore penalty on Vodafone Idea and Airtel

Both Airtel and Vodafone Idea have recently concluded their rights' issues to pare debt

Tackled Uber with guerrilla-like plan, says Ola CEO Bhavish Aggarwal

Aggarwal likened the company's strategy to guerrillas stating they will "fight the nooks and corners" and win in the long term

Bandhan Bank slashes interest rate on micro loans by 70 bps to 17.95%

The revised rate will be applicable to new disbursements from Tuesday, the bank said in a statement

ICICI Bank moves NCLAT to seek early hearing on JAL insolvency plea

JAL owes around Rs 1,296 crore and the bank had approached NCLT to recover the dues by filing an insolvency plea

IndiGo places $20-bn engine order for future fleet of 280 Airbus aircraft

IndiGo has been a CFM customer since 2016 and currently operates a fleet of 17 A320ceo aircraft powered by CFM56-5B engines

DCC to penalise Airtel, Voda Idea; seeks Trai view on quantum of fine

The penalty on Airtel and Vodafone works out to be about Rs 1,050 crore each