Page 1184 - Company News

LVMH, Gucci to expand in India with new outlets in Reliance's luxury mall

The mall, which an industry source said is likely to open this year, is located inside Reliance's $1 billion business and cultural hub in Mumbai

Wipro inaugurates 75,000-sq-ft office in Jefferson City, Missouri

The 75,000-square-foot office will act as main support centre for some of Wipro's clients in healthcare and government sectors

Tata Steel signs 500 million pound-deal with UK govt for Port Talbot plant

Company's share in £1.25 bn deal to be funded largely via internal equity

HDFC Bank-Diners Club eyes B2B space to grow credit card business

With over 18 million cards in circulation, HDFC Bank is the largest issuer of credit cards in India with monthly spends of around Rs 40,000 crore

BEL bags Rs 2,118.57 crore order from Cochin Shipyard for various equipment

This project will have participation of Indian electronics and associated industries, including MSMEs, which are sub-vendors of BEL, Bengaluru-headquartered BEL said in a statement on Friday

Dabur eyes Rs 5,000 crore sales from healthcare in around 5 years

Besides, the company expects demand for natural products like herbal and Ayurvedic to grow in line with increasing per capita income

Mercedes Benz to bring 3-4 electric vehicles into India in 12-18 months

Iyer said, "We have ethanol-friendly petrol engines, which are E-20 compliant; we have state-of-the-art diesel engines that are clean, and we have electric."

TotalEnergies in talks to invest in Adani Green's projects: Report

The deal would increase Total's presence in the fast-growing Indian energy market, while giving Adani Green more means to develop new renewable energy projects

Infosys signs $1.5 billion contract with global client for 15 years

In July, Infosys announced a $2 billion deal with an existing strategic client without naming the client

SpiceJet pays $1.5 million to Credit Suisse as per SC's directive

Credit Suisse and SpiceJet have been embroiled in a legal conflict since 2015 concerning outstanding debts of approximately $24 million

Sovereign wealth funds bullish on RRVL as valuation doubles in three years

RIL retail arm in talks with global investors to raise $2.5-3 billion

Dunzo defers employee salaries for June and July yet again to November

The startup had previously deferred the June and July salaries of over 50 per cent of its workforce of 1,000 to the first week of September

Everstone offloads 25% stake in Restaurant Brands via block deals

The private equity firm will retain a 15.44 per cent stake in the company, which operates the Burger King brand of fast-food restaurants in the country

Axis Bank investment banking unit's co-CEO Chirag Negandhi resigns

Axis Capital, one of the country's biggest investment banking firms, has been a part of some successful initial public offerings over the past year, including Cyient DLM, Mankind Pharma, Bikaji Food

Pilot shortage pulls down Akasa Air's market share to 4.2% in August

IndiGo maintained its lead as the country's largest airline with its market share pegged at 63.3 per cent in August

ZebPay partners with Brave browser to enable Indian users to earn tokens

Users will be able to connect a ZebPay account to their Brave Rewards wallet to earn these tokens

Green funding: SBI to bundle home loans with rooftop solar installations

Given risks involved in long-term forex loans, SBI urged multilateral lenders to allow borrowing banks to hedge their exposures so that green, financial inclusion funding can be more sustainable

VECV to supply 1,000 electric buses to GreenCell Mobility in 5 years

NueGo is already operating in over 30 cities, including Delhi, Chandigarh, Dehradun, Agra, Jaipur, Ludhiana, Bhopal, Indore, Hyderabad, Vijayawada, Bengaluru, Tirupati, Chennai and Pondicherry

Srinivasan K Swamy elected as chairman of Audit Bureau of Circulations

Srinivasan K Swamy, executive chairman of R K Swamy Hansa Group, currently serves as the chairman of the Asian Federation of Advertising Associations

Toyota on track to hit record sales in India helped by Suzuki partnership

Toyota's India business has been the biggest beneficiary of its global partnership with Suzuki which allows the two Japanese carmakers to share technology and vehicles