Page 1443 - Company News

Tata Group-owned Air India to hire over 1,000 pilots, to expand its fleet

The move to hire more pilots comes as the Tata Group-owned airline plans to extend its fleet and network. Air India has placed an order for 470 aircraft with Boeing and Airbus

Harley sees 37% rise in profit boosted by higher demand for popular bikes

The manufacturer also benefited from pent-up demand as COVID-exhausted Americans were eager to hit the roads on cars and motorcycles

Caterpillar's Q1 profit rises by 31% on resilient demand, higher prices

The company reported adjusted profit of $4.91 per share, beating Refinitiv analysts consensus of $3.78 per share

Domino's Pizza beats quarterly sales estimate on price hikes, steady demand

Shares of the company rose about 5% in premarket trade

Google's content removal policy applies universally in world: Executive

On top of that, Google's own platform policies apply globally, banning hate speech, sexually explicit content, threats and others

Tech Mahindra Q4 net profit down 27% YoY as clients cut spending

Attrition for quarter reduces to 15% from 24% last year, says company

Airtel's 5G service reaches 3,000 cities, Jio 5G in 3089 urban areas

For easy transition from 4G to 5G, Airtel has tuned all the current Airtel 4G SIMS to be 5G compatible

In a first, Softbank-backed OYO turns cash flow-positive in Q4FY23

The firm expects to report adjusted Ebitda (earnings before interest, taxes, depreciation, and amortisation) of about Rs 800 crore in FY24

Tesla Power inks pact with Indian Oil Corp to sell batteries at petrol pump

The partnership will enable Tesla Power to sell and service batteries at over 36,000 IOCL petrol pumps across India, the US-based firm said in a statement

Razorpay joins hands with ONDC to offer payment reconciliation service

With this, the Tiger Global-backed firm has become the first payment gateway to launch a Payment Reconciliation Service for Network Participants like buyers, sellers, and logistic partners on ONDC

Embassy REIT clocks 11% growth in net income, declares Rs 2,058 cr dividend

The distributions of money to unitholders are in the form of dividend, interest and repayment of SPV level debt

Air India, Sabre Corporation sign multi-year deal for global travel access

This long-term global distribution partnership will support Air India's ambitious growth plans, said Air India's Chief Commercial & Transformation Officer

IT firm Coforge FY23 revenue up 24.6% at Rs 8,014.6 cr, profit grows 4.6%

Noida-based company's board recommended an interim dividend of Rs 19 per share

OYO turns cash flow positive for first time in March quarter: Reports

Hospitality tech firm OYO turned cash flow positive for the first time in the fourth quarter of FY2023

Reliance Consumer, udaan partners for distribution of Campa beverages

B2B e-commerce company udaan on Thursday said it has entered into a partnership with Reliance Consumer Products for pan-India distribution of beverage brand Campa's range of products

Wipro announces Rs 12,000-crore share buyback at Rs 445 per share

Wipro initiated a buyback programme in 2020 worth Rs 9,500 crore

Amazon lays off employees in Cloud computing, HR units in fresh wave

The layoffs are part of the previously announced job cuts that would affect 9,000 employees. In the first job cut round, Amazon slashed approximately 18,000 roles

Ice-cream brand Baskin Robbins looks at 20% growth in India in FY24

The growth strategy for Baskin Robbins in India centres around innovation in every aspect -- the products we have, the way we serve our customers, the way we advertise

Vedanta chief makes zero debt pledge, says very comfortable servicing debt

Mining mogul Anil Agarwal has said his Vedanta group has ample cash flow to service all its debt repayment obligations and that it aims to become a net zero debt company in 2-3 years

Bajaj Finserv net profit rises 31%, announces dividend of Rs 0.8 per share

Bajaj Finserv's total income during the quarter rose 25 per cent to Rs 18,862 crore as compared to Rs 23,625 crore last year