Page 7 - Gireesh Babu

Apollo Hospitals PBT grows 39.3% in Q2 on higher occupancy, new business

Promoters' pledged shares to come down to 20-25 per cent in a month

Freshworks valuation hits $3.5 bn after $150-mn Series-H fundraising

The financing, subject to customary closing conditions, including US antitrust regulatory clearance, is expected to close by year-end

Muthoot Finance pre-tax profit up 42% to Rs 1,116 cr, income rises 32%

Loan assets of the group grow by 13% to Rs 40,390 crore during first half of FY20

IT employees' forum says Cognizant has terminated one of its leader

Company cites performance issues and client feedback as reasons for the termination

Google receives patent from India for technology to monitor food quality

There are no reliable tools for tracking the environmental aspects of food such as temperature, humidity and others in storage and on a serving line, for the food providers and regulators, Google said

CCD sees better working capital flows but no moratorium on loan repayments

In September, CDEL decided to sell the Global Village Tech Park to private equity major Blackstone and realty firm Salarpuria Sattva Group for Rs 2,700 crore

Ashok Leyland's Q2 pre-tax profit down 97% as sales volumes take a beating

Total income declined 48% to Rs 3,975 cr; company cites 53% drop in industry volumes

CCD promoter's death led to liquidity crisis, impacting Q2 results: Sical

The company has reported a pre-tax loss of Rs 43.19 crore for the quarter ended September 30, 2019, compared with a Rs 7.77-crore profit before tax during the same quarter last year

NGC Energy to set up Rs 400 cr LPG import and storage unit at Krishnapatnam

The refrigerated terminal will have a storage capacity of 30,000 tonnes and a throughput capacity of 1.4 mn tonnes a year for servicing public sector and private sector firms in the hinterland

Cognizant to hire 23,000 from Indian institutes in 2020, says India CMD

India CMD Ramkumar Ramamoorthy clarified Cognizant would continue hiring, and that the earlier job-cut announcement was but a small one, considering the company had around 290,000 employees globally

Kerala govt approves Rs 1,548-crore fiber optic network project

The project, to be completed by December 2020, is expected to help the country's IT industry and open major opportunities in the fields of artificial intelligence, blockchain, and startups

Apollo Tyres collaborates with GARC to establish test track in Tamil Nadu

Apollo Tyres has provided the technical expertise to get the track ready for testing wet grip of tyres, as per the standard specifications

TN received Rs 6,500 cr investment in IT/ITeS industry in last 1 year: CM

He requested the industry cooperation in establishing new IT Industries in emerging technologies

Mercedes-Benz rolls out luxury 'V-Class Elite' at Rs 1.10 crore in India

The company will import V-Class Elite to the Indian market from Spain

Electronics manufacturer Flex to expand its facilities in Tamil Nadu

Company plans to move some units to the state from neighbouring countries

Manappuram Finance Q2 PBT grows 47%; plans to raise $750 mn through MTN

The total income stood at Rs 1334 crore during the quarter, as against Rs 1027.51 crore last year, an increase of 30 per cent

Karur Vysya Bank's Sept quarter PBT declines 55% to Rs 66 cr, NPAs rise

The lender's total income grew 11.2% to Rs 1,815 cr during the quarter, from Rs 1,633 cr a year ago

Cognizant set to sack 13,000 as part of '2020 Fit for Growth Plan'

Reduction to be around two per cent of the company's headcount

TVS Motor ties up with Cadisa to expand distribution in Central America

As part of the tie up, Cadisa, a major business group across Guatemala and El Salvador, will facilitate the opening of 15 flagship outlets for TVS Motor in a phased manner

Tamil Nadu working on safe and ethical artificial intelligence policy

The state govt is also expected to release a Blockchain Policy soon