Page 1101 - Company News

Hiring in the Indian IT sector shrinks for the first time in 25 years

The workforce in the top 10 Indian IT companies fell to 2.06 million at the end of the July-September quarter, a fall of 51,744 people

Fincare SFB to merge with AU Small Finance Bank in all-share deal

At present, AU's market capitalisation is Rs 46,000 crore, the highest among small finance banks. The market capitalisation of the merged entity will be slightly over Rs 50,000 crore

Save the date: India's largest luxe mall opens its doors on November 1

The mall will showcase a host of prestigious luxury brands, including Bvlgari, Cartier, Louis Vuitton, Versace, Valentino, Manish Malhotra, Abu Jani Sandeep Khosla, and Pottery Barn, among others

Apple Inc looking to further localise its 'Make-in-India' iPhones

For enclosures, Apple Inc has tied up with the Tatas, who have recently started exporting some of these products to China

UltraTech Cement announces third capex round worth Rs 13,000 crore

To take India capacity to 182 MTPA in a phased manner starting FY26

India key mkt, will continue investments, accelerate electrification: Honda

Honda is open for alliances and collaboration with other firms if it offers a "win-win" situation in the wake of new developments, Honda Motor President and CEO Toshihiro Mibe said

Two days before the deadline, one-third companies file financial statements

The MCA has asked stakeholders to file both these returns before the deadline on October 29

PhonePe scales up its shopping app to compete with large e-commerce firms

Pincode offers consumers the opportunity to browse and order directly from their favourite local shops and restaurants

SECL achieves record 100 MT of coal dispatch with 17.5% growth in FY23

Of the total dispatch, more than 80 per cent went to the power sector, with the company sending around 81 million tonnes of coal to thermal power plants across the country

McLeod Russel set to focus on Uganda, India estates after Vietnam exit

The company recently signed an agreement for selling its business in Vietnam to TLK Agriculture Joint Stock Company of Vietnam for $2.15 million

Trident Realty to invest Rs 700 cr to build independent floors at Panchkula

In the township, the company has launched 412 independent floors project 'Windsong Residences'

IRB Infrastructure Trust gets LoA for Rs 4,428 crore project from NHAI

This award takes the company's asset base to Rs 75,000 crore, IRB Infrastructure said in a statement on Sunday

Global foray an option under evaluation, says Reliance Jio President

India is now a tier 1 plus country and there should be no apprehension in framing policies that are right for the nation, said Mathew Oommen, Reliance Jio President

Radio Mirchi, Orange bid Rs 251 crore in race to acquire insolvent Big FM

Haryana-based Sapphire FM is the other bidder in the race for BIG FM, which is undergoing an insolvency process

Hi-Tech Pipes Q2 results: Net profit grows over two-fold to Rs 10.53 cr

It had clocked Rs 4.34 crore net profit in the July-September period of the preceding 2022-23 fiscal, the company said in a regulatory filing on Saturday

Zydex eyes 15-20% revenue growth to Rs 375 cr across all verticals in FY24

He said the company gets 35 per cent revenue from road vertical, 35 per cent from textiles, 10-12 per cent agro, 14-15 per cent from waterproofing and 3-4 cent from paints business

X launches 2 new subscription plans, including ad-free 'Premium+'

X is also planning to bundle video and audio calling for some users, in a push to turn the platform into an everything app, reported New York Post

Vodafone nears stake sale in $5.3 bn Spanish unit to Zegona: Report

While discussions are at an advanced stage, they could still be delayed or even falter, according to the people

Yes Bank acquires additional shares in JC Flowers ARC, raises stake to 9.9%

The bank acquired 24,643,558 equity shares of JC Flowers ARC at Rs 29.68 per equity share

Reliance Retail extends Urban Ladder's presence at Smart Bazaar outlets

'At these stores, customers can touch and feel the product through experience centres as well as by online or in the stores'