Page 3724 - Company News

Jio GigaFiber's refundable deposit amount reduced to Rs 2,500: Details here

Though the new Jio GigaFiber preview offer is available with a reduced refundable deposit, there are a few things that has changed too. Take a look

Confident of solving Jet crisis: Aviation minister Hardeep Singh Puri

We have made mistakes in civil aviation in the past which we need to correct, Puri said

Adani Green Energy offloads 6% stake, raises Rs 402 cr capital

Under the norms, at least 25 per cent of the equity should be held by public. Therefore, the company came up with offer for sale (OFS) to offload equity shares

Dr Lal PathLabs to buy 70% stake in a new firm to strengthen presence in MP

Dr Lal PathLabs' board has approved the signing a binding term sheet for the acquisition

Dr Reddy's sells US rights of branded neurology products to Upsher-Smith

The closing of the transaction is subject to various customary closing conditions including antitrust review under Hart-Scott-Rodino Act of the US government

ONGC sells naphtha cargo at $6 a tonne, lowest premium since December

Naphtha has been battered by surplus supplies since the start of the year, with refining margins for the product turning negative

Boeing's response to A321XLR will be critical in rivalry with Airbus

Given that the two aircraft manufacturers are bound together in a global duopoly, Boeing may be able to change the dynamics to its advantage

Now Facebook ad breaks for Marathi, Punjabi, Kannada, Telugu as well

Until now ad breaks were uavailable only in Hindi, Bengali, Tamil and Malayalam

Business & pleasure: How Russian oil giant Rosneft uses its corporate jets

Jets used for corporate travel by Rosneft flew at least 13 times to Mallorca, Ibiza, Sardinia and the Maldives when CEO Igor Sechin or people from his social circle were in the same vacation spots.

Dr Reddy's to sell rights of 2 neurology drugs to Upsher-Smith for $110 mn

Dr Reddy's said it will receive sales-based royalties on a quarterly basis

Amazon Flex to induct part-time delivery partners, scale up its operations

Bringing in the concept of hourly wages, which is more prevalent in the US and some other countries, Amazon would be paying between Rs 120 and Rs 140 to these riders

Hexaware buys US-based Mobiquity for $182 mn to expand cloud offerings

The deal will help Mumbai-based Hexaware gain traction in its banking and pharmaceutical verticals, through Mobiquity's digital products

SoftBank in talks to invest $70 million in Indian e-pharmacy Medlife

Five-year-old Medlife, which does 20,000 medicine deliveries a day, is seeking a valuation of around $430 million, say sources

YES Bank on track to raise $1 bn by way of a share sale: CEO Ravneet Gill

On its large size of below investment grade exposure, Gill said their non-investment grade figure went up from Rs 6,000 crore to Rs 20,000 crore and it was not a very granular portfolio

Mitsubishi Aircraft launches redesigned version of SpaceJet MR70

The SpaceJet M100, the revamped version of the MRJ70, will now have up to 76 seats in a typical US cabin configuration rather than the earlier 69 seats

France's Total close to buying 30% in Adani Gas for Rs 5,500 crore: Report

The deal is expected to trigger an open offer to public shareholders of Adani Gas, and Total may end up having a roughly equal stake in the company as billionaire promoter Gautam Adani, the report sai

Ola sets up tech centre in San Francisco, home turf of rival Uber

The Bengaluru-based firm looks to build a team of over 150 engineers working out of this centre on developing next-generation technologies in mobility

Agri input companies post single-digit growth in Q4 on weak Rabi season

With hardly any water left for crop irrigation and human consumption in Maharashtra and other agrarian states, farmers and agronomists pin hopes on the normal rainfall forecast of IMD for 2019 monsoon

IndiaBulls Real Estate told to pay Rs 300 crore in undisclosed income case

The quasi-judicial body issued its order on April 30, which was the deadline for the ruling. I-T rules provide the tax commission 18 months to pass the order

Probe alleges 22 audit violations by Deloitte, KPMG arm in IL&FS unit

Auditors deny charges as probe says they 'miserably failed to fulfill the duty entrusted to them'