Page 35 - Companies News
Fintech firm Roofstock lays off 27% of staff in second round of job cuts
US-based financial technology company Roofstock has laid off about 27 per cent of its workforce in its second round of job cuts
Fitch Ratings affirms 'BBB-' rating on Adani Ports with stable outlook
Fitch Ratings affirmed its 'BBB-' rating on Adani Ports and Special Economic Zone Limited with a stable outlook, saying the Hindenburg report has a limited near-term impact on APSEZ's cost of funding
DMRC review petition against Reliance Infra to be heard on March 29
The order said that if permission is given to DMRC it should deposit the entire amount payable along with interest within a month
 "DMRC review petition against Reliance Infra to be heard on March 29")
Shriram Life aims to double rural presence by 2025 using digital campaign
Company uses various digital channels for agents and customers to access life insurance products and services
 "Shriram Life aims to double rural presence by 2025 using digital campaign")
ITC working on short-term action to mitigate impact of a harsh summer
A team of experts is working using big data analytics. "We are piloting it on certain agri crop value chains," Puri said
 "ITC working on short-term action to mitigate impact of a harsh summer")
Investments in Adani entities comply with Indian laws: TotalEnergies
That represented a significant capital gain from the end of 2022, when such investments stood at $3.1 billion, TotalEnergies said in a statement
Reliance Jio launches cricket plans for Indian Premier League 2023
The cricket plan offer will be available for consumers from 24 March 2023
Ford's electric vehicle unit loses $3 bn, should be seen as startup
The new business structure separates electric vehicles, the profitable internal combustion and commercial vehicle operations into three operating units
Realme to appoint new India biz head from China, Madhav Sheth may quit
According to sources, realme is set to make the India announcement as soon as possible, as the domestic smartphone market goes through a churning
Aether Industries to set up new unit in Gujarat with Rs 1,000 cr investment
The company has signed a Memorandum of Understanding (MoU) with the Gujarat government to this effect, Aether Industries said in a statement
Accenture to cut 19,000 jobs amid worsening global outlook, trims forecast
The company also trimmed its annual revenue growth and profit forecasts on Thursday, amid worries that recession-wary enterprises will cut technology budgets
India's e-comm mkt to grow from $83 bn in 2022 to $185 bn in 2026: Report
UPI driving consumers away from cash and helping financial inclusion, it says
 "India's e-comm mkt to grow from $83 bn in 2022 to $185 bn in 2026: Report")
Stepping up its ambitions, Apple eyes English football streaming rights
Such a move would build on Apple's recent expansion into live sports in the US, where it forged a $2.5 billion 10-year deal with Major League Soccer to show games on its TV+ platform
Indian space startup Pixxel bags US contract for hyperspectral imagery
Last year, Pixxel had launched its hyper-spectral imaging satellite 'Shakuntala' and 'Anand' on-board SPACEX's Falcon9 rocket and ISRO's PSLV respectively
Reliance cable firms remove Star channels before IPL, to affect 20 million
According to broadcasting regulations, consumers have the right to request that their cable or DTH operators provide the channels they wish to watch
Infosys announces Kiran Mazumdar-Shaw's retirement from company's board
D Sundaram appointed lead independent director of IT services company
Reveal HealthTech raises $4 mn in seed funding from W Health Ventures
Reveal HealthTech provides technology services to healthcare companies through engineering, clinical, and strategic support
Vedanta denies talks of stake sale, calls them 'untrue', 'baseless'
Vedanta Ltd on Thursday termed any talks of sale in oil-to-metals conglomerate as untrue and baseless. This comes in the wake of news report which said that Anil Agarwal is contemplating a stake sale
Maruti Suzuki to hike prices from April to offset inflation impact
Maruti Suzuki India on Thursday said it will increase prices of its model range in April to partially offset the impact of overall inflation and regulatory requirements
Logitech lays off 300 employees as computer accessories sales drop
Swiss technology firm Logitech has laid off 300 employees amid the challenging global macro-economic environment, the media reported on Thursday.
