Page 6 - Companies

How Zomato IPO can shape the outlook for new age & traditional businesses

The much-awaited Rs 9,350 crore Zomato IPO will hit the primary market on July 14. The IPO is priced between Rs 72-76 per share. Its pricey valuations have raised eyebrows on Dalal Street. Amid this, how can its success or failure set the stage for IPOs of other new-age app-based businesses? Watch the video.

Richard Branson's boldest space adventure and India connection

British billionaire Richard Branson on Sunday soared more than 50 miles above the New Mexico desert aboard his Virgin Galactic rocket plane and safely returned in the vehicle’s first fully crewed test flight to space, a symbolic milestone for a venture he started 17 years ago. Watch the video for the related information and also the India connection.

Q1 earnings preview: Here's what the quarter might look like for India Inc

TCS will kick-off the June quarter (Q1FY22) earnings season when it reports its numbers on July 8. The near-washed out quarter, hit by the second Covid wave, may see IT, metal, and telecom sectors emerging as winners. Watch this video to know more

What does OPEC's impasse mean for countries like India? Explained

As several key Indian states witness record petrol and diesel prices, OPEC’s failure to fix a target for oil production output could hit countries like India even more. Watch this video to understand implications for the Indian economy from Vandana Hari, Founder & CEO of Vanda Insights, a Singapore-based provider of oil markets macro-analysis.

JioPhone Next for less than Rs 5,000? All you need to know

Reliance Jio and Google on June 24 shared more details about their jointly developed 'Made for India smartphone -- JioPhone Next. The two technology organisations have worked closely to create a smartphone experience aimed at addressing the unique needs of millions of smartphone users across India. RIL CMD Mukesh Ambani announced the launch at the annual general meeting of Reliance Industries Limited. Watch the video for all the details about pricing, features, specifications and launch date of the phone.

Mukesh Ambani unveils 'New Reliance': Key announcements, road ahead for RIL

Reliance Industries Ltd on Thursday announced a Rs 75,000 crore investment in new energy business over the next three years as the operator of the world's largest oil refinery pivots towards a greener and cleaner version. In another big announcement, Reliance Industries Chairman Mukesh Ambani said Jio and Google have jointly developed a power-packed and affordable smartphone 'JioPhone Next', which will be available in the market from September 10. Ambani promised that JioPhone Next will be the most affordable smartphone not just in India but globally. Watch this video for key announcements and road ahead for the company from our experts.

Showdown over new IT rules: All you need to know about Twitter vs Govt feud

Twitter seems to be in serious trouble after it lost its status as an intermediary platform for not complying with India’s new IT rules. The Centre said Twitter has 'deliberately' chosen the path of non-compliance despite being granted multiple opportunities. Watch the video to understand - how the spat between the govt and the social media platform turned ugly.

Amul vs PETA over 'vegan milk': What's at stake for the dairy industry

A controversy erupted over People for the Ethical Treatment of Animals (PETA) India asking Amul to make a decision to switch to producing vegan milk. PETA India - whose motto reads, in part, that "animals are not ours to eat" and which opposes a human-supremacist world view - notes that major dairy companies around the world - including Nestle, Epigamia, Chobani, Danone, and Yoplait - are now investing in non-dairy options. Watch the video to understand the controversy and the size of dairy industry in India.

India's first self-use test kit for Covid-19: Get result in just 15 minutes

This Pune-based company’s CoviSelf test can be used by symptomatic individuals and immediate contacts. It costs Rs 250 per kit and gives results in 15 minutes. Watch the video to learn more.

Explained: Why cryptocurrency jumps and falls on Elon Musk's tweets

Bitcoin, the biggest and best-known cryptocurrency, has been under pressure from a series of tweets from Tesla boss Elon Musk. Cryptocurrency price declines last week were sparked by Musk's reversal on Tesla accepting bitcoin as payment. His subsequent tweets caused further confusion over whether the carmaker had shed its holdings of the coin. Every time the charismatic billionaire has made a statement about crypto, he’s sparked off financial turmoil. How and why? The video based on Business Standard's Devangshu Datta article "Why cryptocurrency jumps and falls on Elon Musk's tweets" explains in detail. Watch it now. Story link: https://www.business-standard.com/article/markets/explained-why-cryptocurrency-jumps-and-falls-on-elon-musk-s-tweets-121051801378_1.html

This Pune-based startup is helping coronavirus patients find beds, plasma

A Pune-based startup is providing real-time information about the availability of hospital beds, plasma and other Covid services in the city. Business Standard's Abhishek Waghmare speaks to Chinmayi Dumbare and her colleague Arif Amirani, the duo who have developed an online platform called covidpune.com to help coronavirus patients. Watch the video for more.

A shot too late? 5 vaccines that are likely to get govt approval by October

With coronavirus vaccines in short supply impacting India's drive against pandemic, the government has asked vaccine manufacturers to ramp up production amid a record surge in cases. Top government sources told ANI that by end of the third quarter of this year, India will be getting vaccines from five additional manufacturers. India currently manufactures Covishield and Covaxin. Watch this video to know about these vaccines and their efficacy. >

RBI retains GDP forecast amid Covid surge: Key announcements in 11 points

The Reserve Bank of India has retained the economic growth projection for the current financial year at 10.5%. In a statement after the first Monetary Policy Committee (MPC), RBI Governor Shaktikanta Das said the recent surge in Covid-19 infections adds uncertainty to the domestic growth outlook amidst tightening of restrictions by some state governments. In this comprehensive video, we have compiled all the important announcements in eleven different points. Watch it now.

RBI Monetary Policy announcements: Highlights of Shaktikanta Das speech

The Reserve Bank of India (RBI) has expectedly left interest rates unchanged and maintained an accommodative stance as the economy faces a renewed threat to growth due to the resurgence of coronavirus cases. The Monetary Policy Committee (MPC) also kept its estimate for economic growth unchanged at 10.5 per cent for the current fiscal. Watch the video for the major highlights of RBI Governor Shaktikanta Das's statement on policy.

BS Views of the Week: Centre's current deficit glide path reveals a conservative stance on growth

From how the Supreme Court decision to review its landmark 1992 judgment on job quotas could be an opportunity to revisit the assumptions on which reservations are based to why household sentiments have not recovered in line with household incomes, here's what Business Standard columnists wrote this week.

Business travel to pick up speed with new financial year: MakeMyTrip CEO

Rajesh Magow, co-founder and group CEO of MakeMyTrip, spoke to Nivedita Mookerji on a range of issues on how the industry is trying to beat the pandemic blues, on his company’s profitability and fund-raise at a difficult time, government response to the sector’s demand and the road to future.

How to get Covid vaccine from March 1: Eligibility, charges, procedure

Coronavirus updates: A decision on the next phase of Covid-19 vaccination was taken at a meeting of the Union Cabinet under the chairmanship of Prime Minister Narendra Modi on February 24. Who is eligible in the second round of vaccination and what are the charges, if any? Will there be a choice in the vaccine? The video answers all your queries in a quick time.

Pawan Ruia: The 'turnaround tycoon' and the Air India challenge

Kolkata-based businessman Pawan Ruia has submitted an expression of interest to buy a 100 per cent stake in national carrier Air India. The Tata group and an employees’ consortium of Air India are the other entities to express interest. Business Standard's Ishita Ayan Dutt tracks the rise and fall of Pawan Ruia who was once known in the business circuit as a turnaround tycoon. Watch the video.

Koo 'coup'? Twitter's alternative theory & Chinese link explained

Many ministers, the Ministry of Electronics and IT (MeitY) and some other government departments have set up accounts on native micro-blogging site Koo after Twitter did not comply with the government's directive to block some tweets and accounts. The app was launched 10 months ago and won the Aatmanirbhar App Challenge organised by the Indian government. Business Standard's Samreen Ahmad explains in detail about the Twitter-govt standoff, the rise of Koo and why so many politicians are shifting to Koo.

The life and times of Jeff Bezos at Amazon and the making of a retail empire

Billionaire Jeff Bezos, who founded Amazon as an online bookseller nearly three decades ago, will step down as the CEO of the $ 1.7 trillion global retail giant in the third quarter of 2021 with Andy Jassy being named his successor. In a letter to Amazonians, Bezos said he will transition to Executive Chair of the Amazon Board, a role in which he said he intends to focus his energies and attention on new products and early initiatives. Watch to video to get glimpse of life and times of Jeff Bezos.