Page 3730 - Company News

Whatsapp to take legal action against entities for sending bulk messages

In its FAQs section, the Facebook-owned company said its products are not intended for bulk or automated messaging and these are against its terms of service

Normal monsoon, new products should help Hero MotoCorp's volume growth

While its FY19 volumes were up only 3 per cent year-on-year (YoY), the first two months of FY20 have seen a fall of 12 per cent

HDFC stock sees first downgrade by analysts since liquidity crunch

Nomura, on Tuesday, cut its recommendation from 'Buy' to 'Neutral' citing fair valuations

Azim Premji's pay package rose 95% to Rs 1.81 crore during FY19: Wipro

Last week, Wipro had said its founder Azim Premji will retire by July-end and handover reins of the firm to his son

From disruptor to defender, Zomato looks to redefine the brand narrative

Zomato is in the news, not for the efficiency of its delivery platform or discovery features that its rivals are being judged on, but as an ideal employer

Wipro says protectionism, threat of global trade war pose risk to business

Wipro derives about 55 per cent of its IT services revenue from the Americas (including the US) and 25 per cent from Europe

Two-thirds of lenders have voted for Dhanuka Laboratories' resolution

The banks are expecting a haircut of 35-40 per cent

Mumbai had highest unsold luxury homes inventory at 23,930 units in Q1FY19

Overall unsold stock of luxury homes declines by 12% year-on-year in Q1 2019

Bigo Live starts education channel to reach tier-II & III audience

The app, which has over 100 million installations on Google Play Store, is starting with English and soft skills training classes through live streaming and aims to include other subjects gradually

Tata Chemicals deal to solve major issues faced by TGBL: Chandrasekaran

According to Chandrasekaran, TGBL is currently faced with three core problems that the merger - likely to be in place in another 12-18 months - will address

Patanjali's web of zero-revenue companies that do land dealing in Haryana

The Patanjali group, better known for its FMCG business, has been picking up disputed real estate in the Aravalli hills through a maze of entities

Blackstone buys majority stake in Aadhar Housing Finance for Rs 2,200 crore

As part of the transaction, Blackstone has also infused Rs 800 crore primary equity capital into Aadhar Housing Finance

Reliance, BP to develop deepest gas discovery in KG-D6 block by 2022

These projects together, when fully developed, will bring about 1 billion cubic feet a day of new domestic gas onstream

Oriental Bank of Commerce reduces one-year MCLR by 5 bps to 8.70%

The bank has revised the marginal cost based lending rate (MCLR) for three loan tenors with effect from June 11, 2019, it said in a regulatory filing

Microsoft sees 'window' of opportunity in 2.5 million users for upgrade

Microsoft will end the support for Windows 7 on January 14, 2020

Jaguar Land rover reports 12.2% dip in global sales at 42,370 units in May

Sales of Jaguar brand of vehicles stood at 13,142 units in May, a dip of 9.4 per cent over May 2018, the company said in a statement

NMDC's new mine project put on hold in Chhattisgarh after protests

The project was mired in controversy as thousands of tribals resorted to indefinite strike in NMDC's Bacheli-Kirandul complexes on Friday

Suzuki eyes double-digit market share in 150cc segment by next year

Firm aims to sell 100,000 motorcycles this year, up from 60,000 last year, a jump of 66 per cent

Madras HC judge recuses from Vedanta's plea to reopen Sterlite plant

Justice Sasidharan recused himself stating that he had earlier heard the matter in Madurai Bench of the Madras High Court

Suzlon Energy stares at $172 million FCCB repayment in July

While there are concerns on the company's debt repayment schedule, the company reiterated it is progressing on its strategic initiatives