Page 1420 - Company News
Co-working firm Smartworks leases 0.5 mn sq ft space in Gurugram, Noida
Co-working firm Smartworks has taken on lease 5.3 lakh square feet office space in Noida and Gurugram to cater to rising demand of flexible work space from corporates
 "Co-working firm Smartworks leases 0.5 mn sq ft space in Gurugram, Noida")
From Amazon, JP Morgan to KPMG, India Inc is hiring defence veterans
Here's why companies like Amazon, JP Morgan, KPMG and Goldman Sachs are increasingly hiring defence veterans
 "From Amazon, JP Morgan to KPMG, India Inc is hiring defence veterans")
CEAT's int'l biz, replacement market to see better growth: VC Anant Goenka
Tyre maker CEAT expects recovery in its international business and replacement market, which are more profitable segments, going forward, according to company Vice Chairman Anant Goenka
 "CEAT's int'l biz, replacement market to see better growth: VC Anant Goenka")
Building an empire: Birla eyes M&As to fill up $1-billion apparel closet
TCNS Clothing Company, a listed entity with a market capitalisation of Rs 3,215 crore, has ethnicwear brands such as W, Aurelia, Wishful, Folksong, and Elleven
 "Building an empire: Birla eyes M&As to fill up $1-billion apparel closet")
Godrej Properties aims to sell record Rs 14,000 cr in FY24: Pirojsha Godrej
Godrej Properties expects 14 per cent growth in sale bookings this fiscal to a record Rs 14,000 crore on strong housing demand, a top company official said.
 "Godrej Properties aims to sell record Rs 14,000 cr in FY24: Pirojsha Godrej")
Govt may soon invite financial bids for selling 26% in defence PSU BEML
Following that, in October last year, BEML demerged its non-core businesses into BEML Land Assets and listed the new company on the bourses on April 19, 2023
 "Govt may soon invite financial bids for selling 26% in defence PSU BEML")
As Indian carriers rake up hiring, Go First insists on notice period
Announcing that the company is planning to revive shortly, CEO Kaushik Khona said, pilots will have to serve the six-month notice period
 "As Indian carriers rake up hiring, Go First insists on notice period")
OECD CPI falls to 7.7% in March 2023, as energy inflation continues to drop
Energy prices declined by 0.9 percentage point in March. Food inflation and inflation less food less energy increased slightly
 "OECD CPI falls to 7.7% in March 2023, as energy inflation continues to drop")
Q1 profits jump to $35.5 bn at Buffett's Berkshire ahead of annual meeting
The three analysts surveyed by FactSet expected Berkshire to report operating earnings of USD 5,370.91 per Class A share
 "Q1 profits jump to $35.5 bn at Buffett's Berkshire ahead of annual meeting")
Vedanta resources repays $800 million loans to Standard Chartered
The company had paid all loans and bonds due last month, cutting its gross debt to $6.8 billion, it said in a statement in April
 "Vedanta resources repays $800 million loans to Standard Chartered")
Temasek considers investing $100 million in jeweller BlueStone: Report
The potential deal could boost BlueStone's plans to expand aggressively in India, the second-largest jewellery consuming nation behind China, as demand surges after the pandemic
 "Temasek considers investing $100 million in jeweller BlueStone: Report")
JSW Energy, SECI sign agreement for 300 MW wind power projects
The projects are located in Maharashtra and expected to be commissioned in next 24 months, the company said
 "JSW Energy, SECI sign agreement for 300 MW wind power projects")
ASAP Kerala enters agreement with US based tax agency to employ EA students
According to the agreement, H&R Block will provide employment to those studying EA course along with or after their studies
 "ASAP Kerala enters agreement with US based tax agency to employ EA students")
TVS Credit to focus on enhancing leveraging data, technology for experience
"With an expanding customer base of over one crore, our emphasis will remain on enhancing the customer experience, leveraging data and technology," he said
 "TVS Credit to focus on enhancing leveraging data, technology for experience")
MSCI to lower free float of two Adani companies in its May index review
MSCI now sees the Adani Total Gas' free float at 14% and Adani Transmission at 10%, from 25%
 "MSCI to lower free float of two Adani companies in its May index review")
ED acting on 'malafide' FIR related to 10-yr-old case: Manappuram Finance
He also clarified that the total value of shares attached by ED is worth approximately Rs 2,000 crore, not around Rs 140 crore as stated
 "ED acting on 'malafide' FIR related to 10-yr-old case: Manappuram Finance")
Adani Power Q4 results: Net profit rises 12.9% to Rs 5,242 crore
Consolidated total revenue higher by 35.8 per cent at Rs 43,041 crore in FY23 against Rs 31,686 crore in FY22
 "Adani Power Q4 results: Net profit rises 12.9% to Rs 5,242 crore")
ABFRL to acquire controlling stake in TCNS Clothing for Rs 1,650 crore
Kumar Mangalam Birla, chairman, Aditya Birla Group, said in the release, "This deal is yet another marker of the Aditya Birla Group's faith in the dynamism and buoyancy of the Indian consumer economy"
 "ABFRL to acquire controlling stake in TCNS Clothing for Rs 1,650 crore")
Rana Group to invest Rs 1,900 cr in electric vehicle business in phases
The group announced the opening of 101 showrooms pan India and started billing electric three-wheelers to end customers
 "Rana Group to invest Rs 1,900 cr in electric vehicle business in phases")
Lupin to acquire French pharma company Medisol for around Rs 160 crore
The company has entered into a definitive agreement to acquire the entire share capital of Medisol, subject to approval from the French Ministry of Economy and Finance
 "Lupin to acquire French pharma company Medisol for around Rs 160 crore")