Page 3720 - Company News

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

Reliance Capital sells 10.75% stake in RNAM, cuts shareholding to 25%

Reliance Capital expects to reduce its debt by at least Rs 12,000 crore

Essel Group's high-yield papers attract MFs as inflows push up demand

Fund houses have exposure of Rs 8,002 crore to such securities in the company

For stricken Boeing, the Paris Air Show is more about damage control

Airbus is expected to exploit the paralysis at its rival by unveiling an ultra-long-range addition to its A320-family of planes

Intel evaluating ways to move global supply chain away from China, says CEO

Uncertainty as US-China trade negotiations enter a crucial stage is weighing on companies like Intel, as are signals from the Chinese government that it might not implement major stimulus measures

Tatas to avoid big-ticket acquisitions for now, focus on debt reduction

The group will also avoid big-ticket acquisitions, preferring to grow businesses organically

Cannes Lions Festival of Creativity 2019: India's hunt for awards begins

Domestic agencies send more entries this year

An overhang in auditing environment after IL&FS fiasco, says Reliance Infra

Anil Ambani-promoted Reliance Group is facing one of its worst debt woes, with lenders invoking pledge shares in some of the group companies

Uber testing on-trip 24x7 security helpline in India to boost safety

Since its inception in India in 2013, Uber has not offered direct calling support for passengers, and this move comes following feedbacks in this regard

Qatar sovereign fund likely to invest $200-250 million in Byju's

The QIA deal follows Byju's raising money from the Canada Pension Plan Investment Board (CPPIB), which was also the first direct investment by the Canadian pension fund in an Indian start-up

50% residential units sold in last 6 quarters priced below Rs 50 lakh

Experts say CLSS benefits, effective GST rate are helping attract buyers