Companies


With A Fortune Of $68 Bn, Mukesh Ambani Now Richer Than Warren Buffet

Banking - Published date: .

Shares of Ambani's conglomerate have more than doubled since a low in March as its digital unit got more than $15 billio... Read more

With SoftBank Rally, Founder Masayoshi Son Adds $12 Bn To Fortune

Banking - Published date: .

With SoftBank Group's shares surging to their highest price in two decades on Thursday, Son's net worth hit $20 billion Read more

Amazon Makes Employees Delete TikTok, Cites Security Concerns: Report

Banking - Published date: .

"Due to security risk, the TikTok app is no longer permitted on mobile devices that access Amazon email," the company sa... Read more

Tata Consultancy Services Lifts Curb On Lateral Hiring Amid Covid-19 Crisis

Banking - Published date: .

The Mumbai-headquartered company, however, said it would selectively hire experienced employees from outside. Read more

Tata Sons A 2-group Firm, Quasi-partnership Between 2 Groups: Mistry Family

Banking - Published date: .

In its petition to the Supreme Court, Tata Sons has claimed there is no formal or informal agreement like quasi-partners... Read more

Default Risk For Indian Companies Drops At Fastest Pace In Decade

Banking - Published date: .

The cost to insure against nonpayment by a basket of Indian companies, including Reliance Industries and State Bank of I... Read more

Over Half Of Indian Firms 'vulnerable' On Wage Payments, Says Crisil

Banking - Published date: .

Ashu Suyash, the MD and CEO of the agency, said it has done an analysis of 40,000 companies having a collective wage bil... Read more

Parle, Amul, Clinic Plus Shampoo Top 3 FMCG Brands In India: Report

Banking - Published date: .

Compiled annually, the ranking has been derived on the basis of consumer reach points, a metric that measures how many h... Read more

Vodafone Idea Repays Rs 2,850 Crore To NCD Holders On Maturity

Banking - Published date: .

The payout was made to mutual fund schemes of Franklin Templeton, UTI and Nippon, which had exposure to debt paper of th... Read more

Kubota Corp Gets CCI Nod For Acquisition Of 9% Stake In Escorts

Banking - Published date: .

Under the deal, Escorts will allot about 1.23 crore equity shares through a preferential issue to Kubota Corp at Rs 850 ... Read more

Not A Two-group Company, No Links With Cyrus Investments: Tata Sons To SC

Banking - Published date: .

The apex court had on January 10 granted relief to Tata group by staying the NCLAT order of December 18 last year, by wh... Read more

Adani Power Appoints Anil Sardana As MD, Shailesh Sawa As CFO

Banking - Published date: .

Incumbent MD Rajesh Adani will become a non-executive director on the board of the company Read more

Two Senior Ola Executives Arun Srinivas And Sanjiv Saddy Step Down

Banking - Published date: .

These exits follow that of Nitin Gupta, CEO of Ola Financial Services, who resigned in May. Read more

Zomato Delivers Two-fold Jump In Revenue At Rs 2,960 Cr In FY20

Banking - Published date: .

The earnings before interest, taxes, depreciation, and amortization (EBITDA) in the last financial year stood at around ... Read more

Covid-19 Impact: Mercedes-Benz India H1 Sales Down 55% At 2,948 Units

Banking - Published date: .

Mercedes-Benz India said it witnessed positive momentum in June 2020 sales, which showed first signs of a gradual recove... Read more

Reliance Shares Jump 2.95%; Market-cap Zooms Rs 34,195 Cr To Rs 11.9 Trn

Banking - Published date: .

The market heavyweight stock gained 2.95 per cent to close at Rs 1,878.50 on the BSE. Read more

Shoppers Stop MD Rajiv Suri Puts In Papers Amid Covid-19 Challenges

Banking - Published date: .

Company to be managed by CXO committee in interim period Read more

Ola To Focus On Electrification Of Small Vehicles, Says Bhavish Aggarwal

Banking - Published date: .

The acquisition of Amsterdam-based electric scooter startup Etergo by Ola earlier this year, was a first step in that di... Read more

Indian Institutions Start Amazon Web Services' Cloud Curricula In Colleges

Banking - Published date: .

The cloud computing content will be offered as part of the undergraduate degree and postgraduate diploma programmes star... Read more

Zomato's FY20 Revenue Grows 105% To $394 Mn, Loss Rises 6% To $293 Mn

Banking - Published date: .

The Gurugram-based firm had cut 13 per cent jobs in May due to the impact from Covid-19 Read more