Journalism of Courage
COMPANIES NEWS - Page 73
Tata Motors unveils electric SUV Concept CURVV
April 6, 2022 19:04 IST
Tata Motors said that this concept will introduce India to a unique, edgy and sporty coupe body style which in the past has only been prevalent in the high-end luxury segment.
BluSmart Mobility launches EV intercity rides from Delhi NCR to Chandigarh, Jaipur
April 6, 2022 13:06 IST
BluSmart Mobility informed that the intercity rides are currently available for Blu Prive members, a loyalty program by the company and said that it plans to make it available for all its customers in a few months.
Amazon-Future dispute: SC orders resumption of arbitration over FRL merger with Reliance Retail
April 6, 2022 12:40 IST
A bench comprising Chief Justice N V Ramana and Justices Krishna Murari and Hima Kohli took note of the consent of US e-commerce major Amazon and Future group over the resumption of arbitral proceedings before the Singapore International Arbitration Centre (SIAC).
Maruti Suzuki to hike vehicle prices this month
April 6, 2022 12:18 IST
Over the past year, the cost of company's vehicles continued to be adversely impacted due to increase in various input costs, the auto major said in a regulatory filing.
With Shopee exit, Meesho sees ‘space’ to grow, focus on ‘monetisation’Subscriber Only
April 26, 2022 20:14 IST
The exit of Shopee — one of the fastest growing social commerce platforms in India — from the market is being viewed by its rivals as an opportunity to grow profitably. Softbank-backed Meesho is learnt to have told its employees that it is aiming to achieve profitability by December, as it expects a positive cash flow and unit economics.
Elon Musk posts poll for edit button on Twitter, CEO asks to vote carefully
April 5, 2022 15:28 IST
The poll comes after Musk disclosed a 9.2% stake in Twitter earlier in the day, worth nearly $3 billion, that made him the micro-blogging site's largest shareholder.
TCS signs ‘material multi-year contract’ with large US company
April 5, 2022 15:02 IST
TCS, in a regulatory filing, further said, the transformation will serve as a platform for their future growth enabling business expansion, incubate new business models, improving customer experience and other strategic benefits.
HDFC-HDFC Bank merger: Here’s what HDFC Chairman Deepak Parekh said
April 4, 2022 18:16 IST
HDFC-HDFC Bank merger: HDFC Chairman Deepak Parekh termed the merger as one of equals and added that the amalgamation will take between 12-18 months. Here's everything Parekh said on the merger.
Elon Musk discloses 9.2% stake in Twitter; shares soar 16% in premarket trading
April 4, 2022 21:48 IST
Late March, the silicon valley billionaire said he was giving "serious thought" to building a new social media platform.
Vodafone raises stake in Vodafone Idea to 47.61%
April 4, 2022 15:31 IST
Vodafone has raised its stake in debt-ridden Vodafone Idea Limited to 47.61 per cent through its subsidiary Prime Metals.
IOC, L&T, ReNew join hands for green hydrogen business
April 4, 2022 13:35 IST
Indian Oil Corporation (IOC) and L&T have additionally signed a pact to form a joint venture with equity participation to manufacture and sell electrolyzers used in the production of green hydrogen.
‘Infosys shutting Russia ops, eyes replacement for staff in Moscow’
April 3, 2022 07:24 IST
Infosys has so far no responded to mails sent by The Sunday Express which sought to know the number of employees it had in Russia and the reasons behind the closure of operations in the country.
Delhi Gymkhana: Govt to take over management
April 2, 2022 03:44 IST
A two-member Bench said there was sufficient evidence to for holding that “it is a case of mismanagement...”
Future Retail defaults
April 2, 2022 02:03 IST
According to Future Retail, due to ongoing litigations with Amazon.com NV Investment Holdings LLC and other connected issues, the company was not able to complete the activities in relation to raising of funds by way of equity contribution and also payment of obligations on due date.
Maruti, Hyundai witness dip in wholesales in March; Tata Motors, Kia post highest-ever sales
April 1, 2022 17:43 IST
Mahindra said its passenger vehicle dispatch rose 65 per cent to 27,603 units last month in the domestic market against 16,700 units in March 2021.
Amazon-Future dispute: SC asks whether it can pass orders restraining alienation of FRL’s assets
April 1, 2022 14:57 IST
A bench headed by Chief Justice N V Ramana, which has now posted the plea of US e-commerce major for further hearing on April 4, said the landlords of the FRL's shops are not before it and the question is if such an order restraining the alienation of assets till conclusion of arbitration can be passed.
Future Retail CEO quitsSubscriber Only
April 1, 2022 00:49 IST
It added Kishore Biyani, Future Group founder-CEO, has been reappointed executive chairman of FRL for another three years.
City Union Bank marks SpiceJet SMA-1, recalls Rs 100-crore overdraft
March 31, 2022 04:25 IST
A SpiceJet spokesperson said, “The Rs 100 crore facility is fully secured and backed by a Rs 100 crore fixed deposit. There has never been a default in service of this facility.”
Covid-hit MSMEs get Rs 6,062-crore booster
March 31, 2022 03:38 IST
The support for the Raising and Accelerating MSME Performance (RAMP) programme, announced in Budget for FY23, will be extended over five years.
CCI conducts antitrust raids on tyre companies Ceat, Apollo, Continental: sources
March 30, 2022 13:29 IST
The raids were being conducted by the Competition Commission of India (CCI) officers across multiple cities, the sources said.
Tata Consumer Products to merge Tata Coffee business with itself
March 30, 2022 11:46 IST
Shareholders of TCL (other than TCPL) will receive an aggregate of 3 equity shares of TCPL for every 10 equity shares held by them in TCL.
IL&FS resolves Rs 55,000-cr debt; Uday Kotak to exit as tenure ends
March 30, 2022 10:48 IST
Infrastructure Leasing & Financial Services Ltd (IL&FS) has addressed debt resolution of Rs 55,000 crore, or nearly 55 per cent of the debt, after the group became a defaulter, and the government superseded its board in October 2018.
Six months after India launch, social commerce platform Shopee to close operationsSubscriber Only
March 28, 2022 15:27 IST
The social commerce platform will cease operations effective Tuesday 12 am IST, according to sources, who said that all orders placed up till then on the platform will be completed.
PVR, INOX merge to form India’s largest entertainment co
March 28, 2022 03:27 IST
INOX stockholders to get 3 PVR shares for every 10 shares held
Infosys: No active business relationships with Russia entities
March 27, 2022 07:37 IST
The statement comes after co-founder NR Narayana Murthy’s son-in-law Rishi Sunak, UK’s Chancellor of the Exchequer, was accused of profiting from Vladimir Putin’s regime by the British media
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