Page 5104 - Company News
Ola signs MoU with Madhya Pradesh govt to create 25,000 entrepreneurs
To focus on training, skill development, empowerment of 25,000 driver partners in next 2 years
 "Ola signs MoU with Madhya Pradesh govt to create 25,000 entrepreneurs")
Alibaba takes lead in Paytm's e-commerce biz with fresh $177-mn funding
Move comes nearly a year after Alibaba took a controlling stake in Lazada, reports Tech In Asia
 "Alibaba takes lead in Paytm's e-commerce biz with fresh $177-mn funding")
Hitachi arm Highly Electrical Appliances eyes exports from Gujarat unit
Firm plans to hike local procurement from 36% to 85% in near future; eyes European market
 "Hitachi arm Highly Electrical Appliances eyes exports from Gujarat unit")
Snapchat beats expectations with its IPO but big challenges lie ahead
Shareholders seem to have signalled that they believe Snapchat will ultimately prevail
 "Snapchat beats expectations with its IPO but big challenges lie ahead")
Riverbed looks to revolutionise networking in India with SD-WAN solution
It has the ability to replace thousands of manually configured routers with virtual network design
 "Riverbed looks to revolutionise networking in India with SD-WAN solution")
RJio aims to corner half the telecom market by 2021
But given the pricing pressures, analysts are sceptical of the company's projections
 "RJio aims to corner half the telecom market by 2021")
Bharti Infratel shares soar on CLSA 'buy'
Correction in the stock overdone and valuations look attractive: Brokerage
 "Bharti Infratel shares soar on CLSA 'buy'")
Wonderla's high valuations look sustainable
Rising footfalls, strong earnings outlook provide comfort
 "Wonderla's high valuations look sustainable")
Now get 100 SD channels at Rs 130 per month: New Trai order
Trai has mandated distributor of TV channels shall offer channels on its network on a-la-carte basis
 "Now get 100 SD channels at Rs 130 per month: New Trai order")
Tata Sons to reduce cross-holdings
Group firms own shares worth Rs 8,000 cr in other operating companies
 "Tata Sons to reduce cross-holdings")
Indian IT industry contributes immensely to US economy: Nasscom
The debate in the US over H-1B visas has become a political and emotive issue
 "Indian IT industry contributes immensely to US economy: Nasscom")
Apollo Hospitals shares dip after IHH sells 6% stake
IHH already have invested into hospital sector in India other than the stake in Apollo Hospitals
 "Apollo Hospitals shares dip after IHH sells 6% stake")
Mamata introduces Bill to regulate private hospitals
Aimed at making the private healthcare segment more transparent and regulate arbitrary billing
 "Mamata introduces Bill to regulate private hospitals")
Lupin: Look beyond the short-term concerns
Strong product approval rate in the US and mega launches on exclusivity basis are key positives
 "Lupin: Look beyond the short-term concerns")
Flipkart cuts commission to retain sellers against Alibaba-led Paytm Mall
Seeks to cut biz costs by 10% for sellers across 24 verticals, by slashing fees and delivery charges
 "Flipkart cuts commission to retain sellers against Alibaba-led Paytm Mall")
Setback for Roche: Mylan, Biocon can now sell generics of its cancer drug
Delhi HC also allows them to use Trastuzumab data for breast, metastatic & gastric cancer therapy
 "Setback for Roche: Mylan, Biocon can now sell generics of its cancer drug")
Jio sweetens offer for Prime members, adds extra 5GB free data
Prime membership offer requires customers to enrol by March 31
Ericsson deploys service solution for Reliance Jio
Ericsson has successfully deployed an end-to-end OSS fulfilment suite for Reliance Jio Infocomm
 "Ericsson deploys service solution for Reliance Jio")
VLCC to acquire two companies; foray into nutraceuticals biz
The company is going for an IPO this year
 "VLCC to acquire two companies; foray into nutraceuticals biz")
Well positioned for 50% revenue market share by 2021: RJio
However, some industry analysts have dubbed Jio's market share assumption aggressive