Page 1042 - Company News

Nestle says India, China are 'big focus' for growth of coffee market

"China is really a big focus, and India is a big focus," Navratil said

Zero impact of unseasonal rains on business, says Sula Vineyards CEO

"We always target a slightly higher grape tonnage than we need to fulfill our sales projections. The result is that if and when such unseasonal rains occur, Sula will always get the grapes it needs"

Govt invites fresh bids from asset valuers of sale-bound IDBI Bank

The DIPAM had last week cancelled the bid process for the appointment of an asset valuer for IDBI Bank on low bidder interest

Bharti Telecom plans its biggest-ever rupee bonds worth Rs 8,000 cr

The issuance is also Bharti's first in the onshore market in almost a year. It raised Rs 3,200 crore through three-year notes in December last year

OpenAI unlikely to offer board seat to Microsoft, other investors: Report

Microsoft, which has invested more than $10 billion in OpenAI, is one of the biggest backers of OpenAI that operates ChatGPT, its viral generative AI chatbot

Tata Advanced Systems partners Satellogic to develop local space tech

For Satellogic it is a significant milestone as it enters the fast-growing Indian defence and commercial market

Competition Commission clears Emirates Telecom Group-Vodafone deal

Deals beyond a certain threshold need approval from the regulator, which keeps a tab on unfair business practices as well as promotes fair competition in the marketplace

Indian IT industry to be worth $350 bn by 2030: Kris Gopalakrishnan

'High-growth industry' will continue performance despite global slowdown, says co-founder of Infosys

IiAS asks Raymond to appoint interim CEO, probe charges against Singhania

IiAS also suggested they ask Singhania and his estranged wife Nawaz Modi, also a board member, to take time off from their responsibilities as board members

GenAI can transform industries, only if applied responsibly: Rishad Premji

Premji also pointed out that human capital is the most important driver of social economic development and there is a need to continue to invest in world-class infrastructure

Vanguard to Goldman Sachs, global firms rush to buy Alipay's Zomato stakes

Shares of Zomato have nearly doubled this year as the company started to turn a profit after going public in 2021, prompting some of its biggest investors to lock in gains on their investments

Queries received in ED's notice are solely technical in nature: Byju's

Byju's said the notice was sent on delayed annual performance reports related to overseas direct investments of Rs 8,000 crore

Capitalism based on free market only solution to alleviate poverty: Murthy

Murthy said that over the years, he has transformed from a 'confused leftist' to a 'determined compassionate capitalist'

Worsened Sino-India relations won't mean committed offence in past: Lava MD

The accused, arrested in a money laundering case against Chinese phone-maker Vivo, made the submissions through his lawyer before Special Judge Tarun Yogesh during the hearing of his bail application

I-T Department conducts survey at some entities of Hinduja Global Solutions

The survey operation is being undertaken as part of a tax evasion investigation and offices in Mumbai and some other cities are being covered, they said

Religare board has no power to reject open offer for company: Burmans

The independent directors of the Religare board, however, have the powers to make a recommendation to the shareholders, lawyers said

New businesses to boost growth momentum of Tata Consumer Products

Brokerages favour the stock, citing promising growth prospects and justified rich valuations

Raising the bar: How Indian whisky brands are making a splash in West

Whisky consumption in India is set to reach 289.49 million cases by 2027-28, according to a Research and Markets report

Working towards successful closure of merger with Sony: Zee Entertainment

It also refuted report that the $10 bn merger, which would create the largest entertainment network in India, risks collapse over who would become CEO of the merged entity as "factually incorrect"

Fujifilm India faces suit for 'interfering' in competitor's business

The application was filed by Minosha India Ltd -- an authorised distributor for Japan-based Ricoh Printers in India -- before Additional District Judge Vijeta Singh Rawat