Corporate

Shares of quick service restaurant chain operator Burger King are in huge demand in Wednesday's session. After a stellar market debut, the stock rose by its daily maximum limit of 20 per cent for the second consecutive session. Burger King share price has moved up to ₹ 199.25, a rise of more than three times from the initial public offering...

Shares of Burger King were locked in a 20 per cent upper circuit at ₹ 162 a day after it made a stellar market debut on Monday. There were a total pending buy orders for 15,88,446 shares on the BSE while there were no sellers on the exchange. The shares of the quick-service restaurant chain got listed at ₹...

Mumbai-based information technology company Majesco on Tuesday approved an interim dividend of ₹ 974 per equity share of face value of ₹ 5 each for the financial year 2020-21. The interim dividend approved by Majesco board is at the rate of 19,480 per cent of the face value of the company, Majesco said in a stock exchange filing. Majesco's...

Amazon, Apple, Facebook and Alphabet unit Google may have to alter their business practices in Europe or face stiff fines between 6-10% under new draft European Union (EU) rules to be announced on Tuesday. The rules are the most stringent attempt by the 27-country bloc to rein in the US tech giants' power that control troves of data and online...

Burger King India made a strong debut on the bourses on Monday, December 14.  The shares of the quick-service restaurant chain listed at ₹ 115.35 on the BSE, a 92.25 per cent premium over the issue price of ₹ 60. On the NSE, the shares debuted at ₹ 112.50, up 87.5 per cent. At 10:23 am, the shares of...

Burger King India's ₹ 810 crore initial public offering (IPO) will debut on the bourses tomorrow, i.e. December 14. The quick-service restaurant chain's IPO had received an overwhelming response from the investor community. The public offer was subscribed 156.65 times, receiving over 1,100 crore bids compared with 7.45 crore shares on offer. The portion reserved for retail investors was subscribed...

New products boast superior technology, ultra high air delivery, and modern designs New Delhi: India’s leading consumer durables brand, Usha International, has widened its fans portfolio with the launch of new pedestal, wall, and exhaust fans. The newly launched products include Pentacool wall and pedestal fans, Colossus wall and pedestal fans, and Striker high speed exhaust fan. Pentacool 5-blade wall and...

Apple Inc. Chief Executive Officer Tim Cook shared new details on the company's plan to return to the office during a virtual town hall meeting with employees on Thursday. Cook said it "seems likely" that the majority of teams won't be back before June 2021. The Cupertino, California-based technology giant has historically had an office-centric culture, but the CEO implied...

December , 2020:  IndianOil and LanzaTech (USA) jointly hosted a virtual global media meet on the theme "Circular Economy Vision – CO2 Valorization" to share details about the collaboration of two companies for a CO2 project and related vision of the future, where carbon turns from liability to a sustainable opportunity for all. Mr Tarun Kapoor, Secretary, Ministry of Petroleum & Natural...

Amazon.com Inc is considering a nearly $100 million investment in pharmacy chain Apollo Pharmacy, facing up to Reliance Industries and Tata Group in the country's fast-growing drug market, the Economic Times reported on Wednesday, citing two people aware of the plans.  Amazon already delivers medicines in India and the potential investment would come amid rising competition from billionaire Mukesh Ambani's...