Power Finance Corporation June Quarter Profit Up Marginally At Rs 4,580 Crore
Press Trust of India | Friday August 12, 2022, New DelhiState-owned Power Finance Corporation (PFC) on Friday posted a marginal rise in consolidated net profit at Rs 4,579.53 crore for June quarter 2022-23.
Reliance Partners With Luxury Brand Balenciaga To Launch It In India
Asian News International | Thursday August 04, 2022, Mumbai (Maharashtra)Reliance Brands Limited said on Thursday it has signed a strategic deal with global luxury brand Balenciaga, to bring the best of global couture to the Indian market.
Adani To Buy Some Of Macquarie Asia's India Toll Roads For ₹ 3,110 Crore
Press Trust of India | Thursday August 04, 2022, New DelhiAdani Group on Thursday said it will acquire Macquarie Asia Infrastructure Fund's toll road portfolio in Andhra Pradesh and Gujarat for Rs 3,110 crore.
Amazon To Pay Rs 1 Lakh Fine For Selling Sub-Standard Pressure Cookers
Press Trust of India | Thursday August 04, 2022, New DelhiThe Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs 1 lakh on e-commerce major Amazon for selling pressure cookers which did not meet quality norms.
Return To Office Highest In Telecom, Consulting Sectors; IT Lags: Report
Press Trust of India | Thursday August 04, 2022, New DelhiMajority of employees in telecom and consulting sectors have returned to office with significant fall in COVID-19 cases but the IT sector is lagging, according to a survey by Colliers and Awfis.
Google's Sundar Pichai Warns Staff To Improve Focus And Productivity
Edited by NDTV Business Desk | Thursday August 04, 2022It appears that Sundar Pichai, the CEO of Google, is not satisfied with the work output of many employees.
LIC Becomes Top-Ranked Indian Firm On Fortune Global 500 List
Press Trust of India | Wednesday August 03, 2022, Mumbai (Maharashtra)Recently-listed Life Insurance Corporation (LIC) has broken into the latest Fortune Global 500 list, while Reliance Industries has jumped 51 places.
Adani Power Profit Surges By 16 Times To ₹ 4,780 Crore In June Quarter
Press Trust of India | Wednesday August 03, 2022, New DelhiAdani Power Limited on Wednesday posted a manifold jump in consolidated net profit to Rs 4,779.86 crore in the quarter ended June 2022, on account of growth in income.
Tech Giant Oracle Lays off Employees in US, India May Be Hit
Edited by NDTV Business Desk | Wednesday August 03, 2022Tech giant Oracle has cut jobs in the US. The layoffs are also expected to hit employees in India and Canada in the coming weeks, The Information reported.
Easing Raw Material Costs Promising For Consumer Companies
Reuters | Wednesday August 03, 2022, New DelhiSoftening commodity prices are holding out hope for consumer-goods firms that have struggled with inflation, particularly in the large but price-sensitive rural market.
Swiggy Launches Moonlighting Policy, Employees Can Work For Others Too
Press Trust of India | Wednesday August 03, 2022, New DelhiFood ordering and delivery platform Swiggy on Wednesday said it has introduced an industry-first 'Moonlighting policy', wherein employees can take up external projects for pro-bono or economic consideration based on internal approvals.
Uber Turns Cash Flow Positive For The First Time
Reuters | Tuesday August 02, 2022Uber Technologies Inc on Tuesday reported positive quarterly cash flow for the first time ever and forecast third-quarter operating profit above estimates, betting on steady demand for its ride-hailing and food-delivery services.
Zomato Shares Jump Nearly 11% After June Quarter Earnings
Press Trust of India | Tuesday August 02, 2022, New DelhiShares of online food delivery platform Zomato on Tuesday jumped nearly 11 per cent after the company's consolidated net loss in the first quarter of the current financial year almost halved.
Tata Motors July Sales Rises Over 51 Per Cent To 81,790 Units
Press Trust of India | Monday August 01, 2022, New DelhiTata Motors on Monday reported a 51.12 per cent increase in total sales at 81,790 units in July 2022, driven by the strong performance of its passenger vehicles in the domestic market.
Mahindra Shares Hit Record High As Company Posts 31% Surge In July Sales
Asian News International | Monday August 01, 2022, Mumbai (Maharashtra)The share price of Mahindra & Mahindra surged by over six per cent on Monday to hit a record high after the company reported 31 per cent jump in its overall sales in July and its all-new Scorpio-N model received over 1 lakh orders within 30 minutes of commencement of bookings.
