Page 1329 - Company News

Boehringer Ingelheim names Gagandeep Singh as head of India pharma biz

He will also join the Board of Boehringer Ingelheim India, the company said in a statement

Iron ore miner NMDC plans $61 mn investment to foray into gold mining

NMDC is "on track" to secure a lease for the Chigargunta-Bisanatham gold block soon, having signed a letter of intent over the project with the state government late last year

Own ChatGPT skills? Companies may pay up to Rs 1.5 crore to hire you

A survey by ResumeBuilder stated that 91% of companies with job openings are looking for candidates who are skilled in ChatGPT

CIAL posts record profit of Rs 267 cr, declares highest dividend of 35%

In a statement here, the company also announced the highest dividend of 35 per cent for the last fiscal year

Airtel Business announces changes to leadership team; CEO Chitkara quits

Ajay Chitkara will continue with the company until the third week of August 2023

DBS Bank India appoints Rajat Verma as MD, Head of Institutional Banking

Rajat Verma will be taking over from Niraj Mittal, who will take charge as the country head of DBS Bank in Australia

Cleartax forays into crypto tax segment, expects 1 mn filings this year

The online tax filing company has integrated with over 100 crypto exchanges, including Coinbase, CoinDCX, Binance, and WazirX, to provide taxation services at one common platform 'CryptoTax'

Pernod Ricard's India head of corporate affairs Yashika Singh quits

Singh, who headed corporate affairs for the Indian market, with focus on regulatory matters, including related to manufacturing and government policy, resigned last week

Meta, CAIT to upskill 1 mn traders on use of WhatsApp Business application

Secretary General of the Confederation of All India Traders (CAIT) Praveen Khandelwal said with businesses of all sizes using WhatsApp to communicate, coordinate, and connect with their customers

Byju says firm's $22 billion valuation intact, accepts past mistakes

Raveendran told the shareholders that discussions were on for several weeks regarding the reconstitution of the board to strengthen processes

Rau's IAS Study Circle, Seekers Education penalised for misleading ads

The CCPA has taken action against online travel portals Yatra, HappyEasyGo and Easymytrip for not reimbursing consumers of the booking amount for the bookings cancelled due to the Covid-19 pandemic

Epsilon to establish EV battery component factory in US, sets aside $650 mn

Mumbai-based Epsilon will generate more than 1,500 direct and indirect jobs at this new facility. The facility is expected to be commissioned by 2026

TCS enters strategic partnership with Standard Life International DAC

With this partnership, TCS will set up a customer operations centre in Germany and a future-ready life and pensions digital platform for Germany and Austria

Byju's yet to pay provident fund for several months to many ex-employees

Byju's made contributions for December 2022, January, February and March on June 19 and then too all employees did not receive the payment

Lulu Group to invest Rs 10,000 cr in India to complete ongoing projects

Yusuff Ali also said the Lulu Group has committed about Rs 3,500 crore in investments in Telangana in the next five years

Vodafone Idea in contact with vendors to launch 5G, funding delay a hurdle

Speaking on the current telecom market in the country, VI's chairman Ravinder Takkar said that telecom tariffs remain unsustainable and need to rise significantly for business to thrive

NFT startup Tegro raises seed funding from Polygon at valuation of $100 mn

In a press release, the company said that the Tegro exchange enables bulk trading of non-fungible tokens (NFTs) across Ethereum, Polygon, and other EVM-compatible chains

Reasonably priced OMC stocks to gain as marketing margins may revive

Benign crude oil prices to improve margins; political considerations in the backdrop of forthcoming state and general elections are downside risks

Infosys inks $454 mn deal with Danske Bank; to acquire its India IT centre

The deal is estimated at $454 million for a period of 5 years with an option to renew for one additional year for a maximum of three times

LTTS, BSNL sign deal to deploy private 5G network for global enterprises

The spectrum will be provided by BSNL using a public land mobile network (PLMN) and isolated allotment. LTTS will deploy equipment, applications, servers, technology and software