Companies News

Meet FedEx new CEO Raj Subramaniam, another India-born to take charge of a global company

Meet FedEx new CEO Raj Subramaniam, another India-born to take charge of a global company

The US multinational courier delivery giant was previously helmed by Frederick W Smith Subramaniam would replace.

Mar 29, 2022, 10:55 AM IST
Shopee shuts down India business

Shopee shuts down India business

The development comes after a month of government banning 54 Chinese apps including Garena Free Fire of the Singapore-registered Sea Group.

Mar 28, 2022, 22:13 PM IST
eBay signs MoU with Madhya Pradesh Industrial Development Corporation to digitise MSMEs

eBay signs MoU with Madhya Pradesh Industrial Development Corporation to digitise MSMEs

The MoU was signed in the presence of Rajvardhan Singh Dattigaon, Madhya Pradesh's Minister of Industry Policy and Investment Promotion.

Mar 28, 2022, 18:20 PM IST
Consumer authority penalises Paytm Mall, Snapdeal for selling defective pressure cookers

Consumer authority penalises Paytm Mall, Snapdeal for selling defective pressure cookers

In two separate orders, the CCPA found Paytm Ecommerce Pvt Ltd (Paytm Mall) and Snapdeal Pvt Ltd guilty of selling defective pressure cookers. 

Mar 27, 2022, 17:11 PM IST
PVR Ltd, Inox Leisure ink merger deal to create largest multiplex chain in India

PVR Ltd, Inox Leisure ink merger deal to create largest multiplex chain in India

As per the agreement, Inox will merge with PVR in a share swap ratio of 3 shares of PVR for every 10 shares of Inox.

Mar 27, 2022, 16:56 PM IST
Vodafone Idea shareholders approve Rs 14,500 crore fundraise proposal

Vodafone Idea shareholders approve Rs 14,500 crore fundraise proposal

Vodafone Idea (VIL) had placed special resolution of issue of equity shares worth Rs 4,500 crore to the group firms of promoters Vodafone and Aditya Birla Group for transaction at the EGM.

Mar 26, 2022, 22:42 PM IST
Microsoft Bribery Case: Whistleblower claims firm paid hundreds of millions in bribes

Microsoft Bribery Case: Whistleblower claims firm paid hundreds of millions in bribes

Yasser Elabd, recruited by Microsoft in 1998, said that Microsoft is using illegal bribes and kickbacks in the Middle East and Africa.

Mar 26, 2022, 18:51 PM IST
Earth Hour: Zomato, HSBC, IndiGo plan ‘Dine in the Dark’ experience, other initiatives

Earth Hour: Zomato, HSBC, IndiGo plan ‘Dine in the Dark’ experience, other initiatives

100 restaurant partners such as Smoke House Deli, Paradise Biriyani, Fatty Bao, Hitchki, Mainland China, Oh Calcutta, and Monkey Bar among others, will offer a unique ‘Dine in the Dark’ experience to

Mar 26, 2022, 17:32 PM IST
GAIL to consider share buyback on March 31

GAIL to consider share buyback on March 31

The government owns a 51.80 per cent stake in the company and is likely to participate in the buyback.

Mar 26, 2022, 15:29 PM IST
Paracetamol, Azithromyci prices to increase by 10.7% from April

Paracetamol, Azithromyci prices to increase by 10.7% from April

This means that the prices of nearly 800 scheduled medicines on the NLEM, which are used to treat fever, infections, skin diseases, high blood pressure, anaemia, and heart disease, will rise by 10.7

Mar 26, 2022, 11:38 AM IST
Anil Ambani resigns as director of RPower, RInfra

Anil Ambani resigns as director of RPower, RInfra

In a separate filing to the stock exchange, Reliance Infrastructure said that Anil Ambani has stepped down from its board "in compliance of SEBI interim order".

Mar 26, 2022, 08:28 AM IST
Airtel to acquire Vodafone's 4.7% stake in Indus Towers for Rs 2,388 crore

Airtel to acquire Vodafone's 4.7% stake in Indus Towers for Rs 2,388 crore

Airtel will acquire a 4.7 per cent stake in Indus Towers from Vodafone Group for about Rs 2,388 crore. 

Mar 25, 2022, 21:19 PM IST
Gujarat Polysol Chemicals IPO: Firm files DRHP for Rs 414-crore initial offer

Gujarat Polysol Chemicals IPO: Firm files DRHP for Rs 414-crore initial offer

Gujarat Polysol Chemicals Ltd will use IPO proceeds towards repayment or pre-payment in full or in part of all borrowing availed by the company and general corporate purposes.

Mar 25, 2022, 20:03 PM IST
Elon Musk to become world’s first trillionaire? Check by when he could achieve the feat

Elon Musk to become world’s first trillionaire? Check by when he could achieve the feat

Musk has stated many times that material possessions are not a concern of his. 

Mar 25, 2022, 19:15 PM IST
Emami acquires Dermicool brand from Reckitt for Rs 432 crore

Emami acquires Dermicool brand from Reckitt for Rs 432 crore

The Dermicool brand is popular for providing respite from the prickly heat caused during summers.

Mar 25, 2022, 18:26 PM IST
ICICI Bank Glitch: Here's what went wrong on ICICI net banking, mobile app

ICICI Bank Glitch: Here's what went wrong on ICICI net banking, mobile app

On March 25, ICICI Bank customers complained about technical issues with the bank's internet banking platform and mobile app.

Mar 25, 2022, 15:39 PM IST
FIFA World Cup 2022: BYJU'S named as official sponsor of tournament in Qatar

FIFA World Cup 2022: BYJU'S named as official sponsor of tournament in Qatar

The 2022 FIFA World Cup is scheduled to take place in Qatar from 21 November to 18 December, 2022. 

Mar 24, 2022, 20:30 PM IST
Stephen Wilhite, father of GIF, passes away due to Covid-19

Stephen Wilhite, father of GIF, passes away due to Covid-19

In Stephen Wilhite's beloved memory, fans paid tribute to him with heartfelt GIFs. 

Mar 24, 2022, 20:19 PM IST
Harsh Goenka shares list of "Biggest Career Mistakes"; are you making any?

Harsh Goenka shares list of "Biggest Career Mistakes"; are you making any?

Harsh Goenka advised individuals to never think that they know everything.

Mar 24, 2022, 20:04 PM IST
Veranda Learning Solutions IPO: Check subscription dates, price band

Veranda Learning Solutions IPO: Check subscription dates, price band

Veranda Learning Solutions IPO consists of equity shares of face value of Rs 10 each of the issuer aggregating up to Rs 200 crore. 

Mar 24, 2022, 19:08 PM IST