Page 1218 - Company News

Infosys completes acquisition of Danske Bank's IT centre in India

IT services company Infosys on Friday said it has completed the acquisition of Danske Bank's IT centre in India

Spotify to cut back promotional spending on white noise podcasts: Report

Spotify has been paying and providing ad support to podcasters who provide white-noise programming

L&T makes 'asset heavy' exception for $1 billion green hydrogen play

Company to target build-own-operate opportunities, a shift from its 'asset-light' policy

3 entities sell shares of Five Star Finance for Rs 1,863 cr via open market

Three entities on Friday offloaded 2.55 crore shares of non-banking financial company Five-Star Business Finance for Rs 1,863 crore through open market transactions

ED arrests Jet Airways founder Naresh Goyal in Rs 538 cr bank fraud case

The Enforcement Directorate late Friday night arrested Jet Airways founder Naresh Goyal in a money laundering case linked to an alleged bank fraud of Rs 538 crore at the Canara Bank

CCI approves Air India-Vistara merger, subject to certain conditions

CCI has not issued an order on this matter yet. As per official sources, it is expected to issue an order after one month

Narayana Murthy, Azim Premji to set up family investment fund at GIFT City

However, a source close to the development said that the application is still in the regulatory stage.

Franklin Templeton Asset Management gets Rs 1,398 cr from Vodafone Idea

Franklin Templeton Mutual Fund on Friday said it has received Rs 1,398 crore as payment from Vodafone Idea for investment in its debt instruments

Warburg sells 4.2% in IDFC First Bank; GQG picks up 2.6% in lender

On Friday, shares of IDFC First Bank fell by as much as 5 percent in early trading but recovered to end little changed

SLMG Beverages plans to invest Rs 100 cr to increase electric vehicle fleet

Independent franchise bottler SLMG Beverages said it plans to invest approximately Rs 100 crore to increase its electric vehicle fleet to 5,000 by 2024

Suzuki Motorcycle India logs 30% rise in 2-wheeler sales at 103,336 units

Suzuki Motorcycle India said on Friday its two-wheeler sales, including exports, increased 30 per cent year-on-year to 103,336 units in August

Apple's 'Wonderlust' Sept 12 event has set the rumour mill buzzing

Humble charger may steal the show for Indians

JP Morgan found $1 bn in suspicious Epstein activity: US Virgin Islands

The financial activity was detailed in a filing to the US Department of Treasury in 2019, a lawyer for the USVI said in federal court in Manhattan on Thursday

NCLT admits Rasna to insolvency on a Rs 71 lakh claim by logistics firm

The application for insolvency was filed by logistics company Bharat Road Carrier Pvt Ltd

Warburg Pincus sells 4.2% stake in IDFC FIRST Bank for Rs 2,480 cr

Warburg Pincus on Friday divested a 4.2% stake in private lender IDFC FIRST Bank for Rs 2,480 crore through an open market transaction

Steelbird lines up Rs 105 cr capex to ramp up production capacity

Steelbird Hi-Tech India on Friday said it plans to invest Rs 105 crore to enhance production capacity at existing plants as ait aims to roll out 1 crore helmets in the current fiscal

Fintech startup Khatabook lays off 42 employees to reorient business

Fintech startup Khatabook has laid off 42 employees, or 6 per cent of its total workforce, to reorient business in line with its targets, the company said on Friday

Honda Motorcycle reports 3% increase in sales in August at 477,590 units

Honda Motorcycle and Scooter India (HMSI) on Friday said its sales increased by 3 per cent to 477,590 units in August

Honda Cars reports 1% increase in sales in August to 7,880 units

Honda Cars India on Friday reported a 1 per cent increase in sales in the domestic market to 7,880 units in August

Infosys Completes acquisition of Danske Bank's IT Centre in India

Headquartered in Denmark, Danske Bank provides banking services to personal and business customers, as well as to large corporate and institutional customers