Page 511 - Company News

Various product categories available via Flipkart Minutes during EOSS sale

Flipkart has announced its 'End of Season Sale' (EOSS) event beginning December 7, 2024

Dabur faces Rs 4.42 cr customs penalty, vows to contest in appellate court

Dabur India faces a Rs 4.42 crore tax demand from Customs for IGST on imports from 2019-2024; the FMCG firm plans to appeal, citing strong merits for a favourable outcome

Tata Power prefers domestic market over lucrative solar exports: CEO

The export of Indian modules has surged more than 23 times during the last two years, with the United States accounting for more than 97% of India's exports

Orange Health Labs raises $12 million in funding led by Amazon Smbhav

The company offers diagnostics directly to customers' doorsteps, with booking available through its website or app

Paytm set to sell stake in Japan's PayPay to SoftBank for $250 million

Paytm's parent, One97 Communications, is set to sell its $250 million stake in PayPay to SoftBank as part of its strategy to divest non-core assets and focus on expanding its payments business

Air India Express expands, defers Kolkata-Dhaka direct flight plans

The airline had initially planned to launch the Dhaka services in September with six weekly flights

JP Morgan gives 'overweight' rating to 4 Adani bonds on growth capability

Under the risks section, it said that Adani bonds could do well than anticipated if there is a quick resolution of the US SEC and Department of Justice indictments

After Audi and Hyundai, Maruti Suzuki to raise car prices starting Jan 1

Several automakers have announced price increases for their vehicles starting January 2025, citing rising input costs, operational expenses, and supply chain disruptions

Torrent Power secures Rs 3,500 crore via QIP at Rs 1,503 per share

The company had earlier said that there was an ongoing requirement of working capital and capex for the upgradation/expansion

VW workers step up strikes in order to fight German plant closures

The IG Metall union said workers would down tools for four hours at nine different sites in so-called "warning" strikes across the country

Blinkit vs Instamart: Chasing a moving target in quick commerce race

Instamart's GOV growth has not translated into significant margin improvements, as higher marketing and employee expenses offset gains from reduced contribution margin losses

Samsung rolls out One UI 7 beta with AI, security upgrades in India

The new One UI will provide security and privacy updates that will prevent unauthorised access to the devices with features like block USB connections, check attempts to install malware

BharatPe launches 'Shield' to protect users from digital transaction frauds

BharatPe Shield covers risks such as computer fraud, phishg attacks, and unauthorised transactions caused by phone loss

Taking steps to deal with fog, poor visibility in winter season: Air India

The Tata Group-owned Air India faced a Rs 30 lakh fine from the DGCA in January this year for not having enough pilots trained to fly in low visibility conditions ahead of the fog season

Co-branded credit card share likely to double by FY28: Visa's Rishi Chhabra

Spends are 20% higher than traditional cards

Expressing regret, IndiGo refunds ticket to passenger who fell on ramp

The passenger, in a series of posts on X, said on August 14, half way down the ramp, his right foot suddenly slipped on a moist patch and he fell down. Later, he was taken to hospital

Vi board to consider Rs 2K crore preferential issue to Vodafone Group

The debt-laden telco's board will consider the issue of equity shares and/or convertible securities, Vi said in an exchange filing on Thursday

Vodafone-Three merger approval marks UK's shift to prioritise growth

The Competition and Markets Authority (CMA) antitrust regulator cleared the $19 billion Vodafone-Three UK deal on Thursday after it accepted the companies' argument

Nvidia, Vietnam govt sign pact to jointly build AI research, data centres

Nvidia also said it has acquired healthcare startup VinBrain, a unit of Vietnamese conglomerate Vingroup, but didn't provide the value of the deal

Flipkart-owned Myntra launches 30-minute order delivery with 'M-Now'

With the launch of M-Now, Myntra is among the first vertical players of scale globally to start delivering fashion at hyper speed