Page 1502 - Company News

As Rajesh Gopinathan signs out of TCS, here's what you need to know

The company has nominated Tata Group veteran K Krithivasan as CEO-designate, effective immediately

Reliance Jio vs Bharti Airtel: 'Unlimited' 5G data new battleground

So far, Jio has taken its 5G services to an estimated 365 cities and Airtel to 270 cities. Vodafone is yet to start its 5G rollout

Global banking crisis: Low prices to brighten prospects of OMCs

While prices sustaining lower levels is crucial, Govt actions are also a key monitorable given the forthcoming elections in 2024

TCS, Infosys have highest exposure to US regional banks: JPMorgan

Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil

Sterlite Power bags green energy transmission project in Rajasthan

Sterlite Power on Friday said it has bagged a green energy transmission project in Rajasthan

PhonePe raises $200 mn additional funding from Walmart at $12 bn valuation

New funding is part of PhonePe's ongoing capital raise of up to $1 bn, following its domicile shift to India last year

'The day my heart is not 100% committed': TCS's Gopinathan explains exit

Gopinathan said TCS is the market leader in its space, and has given industry-leading results

TCS 'won't make any change', focus on principles: CEO designate Krithivasan

Krithivasan's time of taking over is interesting, especially with the agenda already being set

Air India makes another voluntary retirement offer for non-flying staff

The plan is aimed at putting Air India on a path of sustained growth, profitability and market leadership

Questions raised over Gautam Adani sibling Vinod's related party status

According to legal experts, while the definition of related parties varies among regulators, it is unusual for a promoter-group entity to not be classified as one

Tata Consumer nixes talks with Chauhans on Rs 7K-crore Bisleri deal

The companies could not agree on valuation, say sources

Adani Transmission integrates Adani Electricity Nashik for distribution biz

Adani Transmission has incorporated an arm, Adani Electricity Nashik Ltd, for distribution business in the Nashik area

Beijing monitors share prices of Indian companies linked to Chinese biz

China's financial market regulators are monitoring the over valuation of India-listed companies which have business dealings with Chinese-origin companies in Asia

Deepak Bagla resigns as managing director and CEO of Invest India

Bagla was at the helm of Invest India since 2015. Earlier, he had stints at World Bank, Citibank, and private equity firm 3i Group

Cement firms may invest Rs 1.2 trn to add 145-155 MT capacity by FY27

With 570 million tonne (mt) of installed capacity, India is the world's second-largest cement producer after China

Air India offers voluntary retirement scheme to its staff, excluding pilots

This is the second such offer since the takeover of the airline by the Tata Group in January 2022, and will remain in force till April 30

Shares of seven Adani Group end higher, Adani Enterprises jumps 2%

Also, shares of Adani Ports and Special Economic Zone (APSEZ) gained 0.14 per cent to settle at Rs 680.10 per scrip on the BSE

Ford recalls 1.5 mn vehicles in US to fix leaky brake hoses, wiper arms

The largest of two recalls covers nearly 1.3 million 2013 through 2018 Ford Fusion and Lincoln MKX midsize cars

CCI allows AGI Greenpac to acquire Hindusthan National Glass & Industries

AGI Greenpac has received approval from Competition Commission of India for the proposed acquisition of Hindusthan National Glass & Industries Limited through Corporate Insolvency Resolution Process

GAIL signs agreement with Shell Energy India for ethane production

GAIL India has signed an agreement with Shell Energy India Private Limited to explore opportunities for infrastructure development for ethane sourcing