Companies

Sunday, Dec 03, 2023 | Last Update : 06:58 AM IST

Business Companies

Companies Page-2

Elon Musk hints at Twitter charging commercial, govt users

If Twitter implements the pay-to-post policy, it would become the first major social media company to charge users to interact with its platform

04 May 2022 12:02 PM

Earlier this month, the ED had also questioned the global vice president of the group, Manu Kumar Jain, at the agency's regional office in Bengaluru, Karnataka. (PTI)

ED seizes Rs 5,551 cr deposits of smartphone giant Xiaomi India for FEMA violation

A probe was earlier launched against the company in connection with alleged 'illegal remittances' sent abroad by the Chinese firm

01 May 2022 8:35 AM

Life Insurance Corporation (LIC) Chairperson M R Kumar addresses a press conference, in Mumbai, Wednesday, April 27, 2022. The LIC IPO is opening on May 4 with a price band of Rs 902 to Rs 949 per equity share. (PTI/Shashank Parade)

LIC’s Rs.21K crore IPO, India's largest, to open on May 4

The company has decided to reserve 10 per cent of shares on the offer for its policyholders under the policyholder reservation portion

28 Apr 2022 8:51 AM

LIC IPO a treat for policyholders

With the LIC IPO coming up, there has been a spurt in opening of demat account recently

28 Apr 2022 8:47 AM

Dipam secretary Tuhin Kanta Pandey said that the government is not keen on launching a follow-up public offer (FPO) for LIC at least in the next one year. — Representational image/DC

LIC will relinquish control in IDBI Bank, says Pandey

LIC and the government wants to exit management control from IDBI Bank and the process is already on

28 Apr 2022 8:45 AM

Twitter CEO set to receive $42 million if sacked after Musk deal

Musk in a securities filing on April 14 had said he did not have confidence in Twitter’s management

26 Apr 2022 10:43 AM

Elon Musk reaches deal to buy Twitter for $44 bn

Musk, a self-proclaimed 'free-speech absolutist', said he wants to reform what he sees as the platform's over-zealous content moderation

26 Apr 2022 10:28 AM

Though online sales account for a small percentage of overall sales, Flipkart too has witnessed heavy incremental sales this time. — Representational image/DC

Early summer makes AC firms turn bullish on sales

After two years of dampened sales, this summer has turned really hot for the AC manufacturers

25 Apr 2022 8:07 AM

Ola Electric said its battery systems already complies with and is tested for AIS 156, the latest proposed standard for India. (Representational photo: Image credit: Twitter/@OlaElectric)

Ola Electric recalls 1,441 e-scooters after incidents of vehicles catching fire

Recently, there have been widespread incidents of electric scooters catching fire forcing manufacturers to recall their vehicles

24 Apr 2022 12:07 PM

Elon Musk no longer joining Twitter board: CEO

Musk was named to join the Twitter board after buying a major stake in the firm and becoming its largest shareholder

11 Apr 2022 10:17 AM

The conglomerate's launch of Tata Neu comes at a time when e-commerce has grown exponentially in India with the coronavirus pandemic accelerating online purchases of products. (Representational Image/ Pexels)

Tata group launches super app Tata Neu

The group has been testing the app since last year as it seeks to play a big role in the fast growing e-commerce space

08 Apr 2022 12:54 AM

Post the merger, the promoters of Inox will become co-promoters in the merged entity. Later the board of the merged company would be re-constituted with a total board strength of 10 members, with both the promoter families having two board seats each. — DC Image

PVR, Inox Leisure ink all-stock merger deal

The boards of PVR and Inox Leisure have approved an all-stock amalgamation of Inox with PVR

28 Mar 2022 9:27 AM

Tata Steel had imported four heavy lifts from China through Paradip Port. Since the packages could not be traversed through road from the port to the destination at Kalinga Nagar in Jajpur district, the task of transferring the load was awarded to OSL. — PTI

Heavy cargo movement via river takes off at Paradip

OSL, led by business magnet Mahimanana Mishra, has been successful in discharging heavy lifts of about 400 tonnes (mt) at Paradip Port

21 Mar 2022 9:51 AM

Dabur India chief financial officer Ankush Jain said inflation remains unabated and is a cause of concern for the second year in a row. — DC Image

FMCG firms mull 10% price hike to ease cost pressures

Makers such as HUL and Nestle have increased the prices of food products last week

21 Mar 2022 9:46 AM

The ban comes months after the central bank imposed a monetary penalty of Rs 1 crore on Paytm Payments Bank for deficiencies in regulatory compliance. — DC Image

Paytm Bank barred from adding new customers

The bank has also been directed to appoint an IT audit firm to conduct a comprehensive system audit of its IT system

12 Mar 2022 7:58 AM

Among other groups, Godrej has nine brands, Amul, LG, M&M, Samsung have eight brands each and Reliance has seven brands featured in the report. — Twitter

Tata has 36 brands in Most Trusted Brands list

Titan, the leader of the watches category, was up 33 ranks over last year to occupy 8th rank

12 Mar 2022 2:09 AM

The LIC IPO would be the biggest IPO in the history of Indian stock market. (Photo: PTI)

Sebi approves LIC draft papers; clears decks for mega IPO

The IPO is offer for sale (OFS) by Government of India and there will be no fresh issue of shares by LIC

09 Mar 2022 2:47 PM

Pre-bookings are now open. The Virtus will also replace the ageing Vento sedan in India. — Twitter

Virtus to replace Volkswagen Vento

Expected to be priced at Rs 10 lakh to Rs 13 lakh, Virtus competes with the Skoda Slavia, Maruti Suzuki Ciaz, Honda City and Hyundai Verna

09 Mar 2022 9:32 AM

The LIC IPO was expected to hit the market this month. (Photo: PTI/File)

Govt may defer LIC IPO to next fiscal amid Ukraine crisis: Experts

The government was looking to sell 5 per cent stake in LIC this month, which could have fetched over Rs 60,000 crore to the exchequer

06 Mar 2022 1:15 PM

The LIC IPO was expected to hit the market this month. (Photo: PTI)

Ukraine crisis: Govt may defer LIC IPO

The government was expecting to garner Rs 63,000 crore by selling 5 per cent stake in the life insurance firm

02 Mar 2022 3:58 PM

2 of 446

Columns

Shashi Warrier