Page 1018 - Company News

Reliance biggest wealth creator, Adani Ent top all-round creator: Study

The study, based on stock market performance of companies, said for the fifth time in succession, Reliance emerged as the largest wealth creator, adding Rs 9,63,800 crore wealth over 2018-23

Zee directors lose vote as clock ticks down on Sony deal deadline

Independent directors Sasha Mirchandani and Vivek Mehra "failed to get the requisite majority of votes," the company said in an exchange filing

Infosys inaugurates Rs 230 cr development centre at Mihan-SEZ in Nagpur

It will accommodate over 3,000 employees in line with Infosys' future-ready hybrid workplace strategy, the release said

Genrobotics chosen among top three Indian startups at global AI summit

Genrobotics was honoured for its outstanding innovation in healthcare by developing G Gaiter - an advanced AI -powered robotic gait trainer

Tender for Dharavi project finalised when MVA govt was in power: Adani

"It is unfortunate that a concerted effort is being made to disseminate misinformation about certain aspects of the project," Adani Group said in a press release

Volkswagen India onboards Centre's Kendriya Police Kalyan Bhandar scheme

Volkswagen retails the mid-size sedan Virtus, sports utility vehicle Taigun, and its premium SUV Tiguan in India

Honda Elevate crosses 20,000 sales-mark since its launch in September

India is the first country to manufacture and sell the Elevate globally

Zydus Lifesciences gets USFDA nod to sell generic anti-epileptic medication

The company said it will manufacture the product at the group's formulation manufacturing facility in Moraiya, Ahmedabad

Reliance General Insurance launches new policy for overseas treatment

Reliance General Insurance Company Ltd (RGICL) on Saturday said it has launched a new policy to make global healthcare accessible to Indians.

Adani Group acquires majority stake in news agency IANS for undisclosed sum

Adani had forayed into media business in March last year when it acquired Quintillion Business Media, which operates business and financial news digital media platform BQ Prime

Infy hands out salary revision letters to employees, hikes effective Nov 1

Traditionally, Infosys rolls out its annual salary hikes for employees below the senior management in April, with other people in the organisation receiving their share of hikes in July

Disney-Reliance entertainment biz deal may be beset with antitrust issues

If a deal was struck, it would be the second to seismically reshape India's TV and streaming landscape as Japan's Sony also plans to merge its India business with India's Zee Entertainment

Addicted to Disney: Why former executives find it hard to stay away

In his book, The Hero's Farewell: What Happens When CEOs Retire, Yale University professor Jeffrey Sonnenfeld chronicled several personality types who find it hard to leave

Bata steps up to take on global moulded footwear and sneaker brands

Bata is pushing its Floatz product line to grab a share of the moulded footwear market but at a lower price than Crocs and Birkenstock

'India's own AI': Ola's Bhavish Aggarwal joins the race with Krutrim

Krutrim has joined the increasingly-competitive AI race dominated by players such as Google, Microsoft and OpenAI

Valuations capture upsides in Thermax stock; double-digit growth likely

Thermax is looking to build technical capability in boilers, electrostatic precipitators, regenerative air gas heaters, and pulse jet bag filters, as well as other new areas

PharmEasy bags Rs 1.3K cr from Pai; Rs 3.5K cr rights issue oversubscribed

Besides Pai's commitment, PharmEasy raised the remaining Rs 2,200 crore from existing shareholders

General Atlantic pares 10% stake in KFin Technologies for Rs 851 cr

The shares were disposed of at an average price of Rs 500.50 apiece, taking the transaction value to Rs 850.85 crore

Investcorp leads Rs 340-cr funding to packaging firm Canpac Trends

Canpac has four manufacturing plants in Ahmedabad, Kolkata and Tiruppur in Tamil Nadu, apart from an R&D facility

Tesla autopilot recall threatens its defence in lawsuits over crashes

An increased threat of losses for Tesla in Autopilot litigation could embolden others to challenge the technology in court and force the company to pay compensatory damages