Page 1534 - Company News

Google layoffs have nothing to do with performance: Sacked Indian employee

Even as tech giant Google continues to cut down staff, a sacked Indian employee stated that the layoffs are not based on performance

More value to be discovered, NCLT has usurped powers of CoC: Reliance

The lenders of Reliance Capital have submitted before the National Company Law Appellate Tribunal (NCLAT) that the Committee of Creditors (CoC) of the corporate debtor Reliance Capital Ltd

Titan to more than double Zoya luxury store counts, top-line by FY27

Zoya, the luxury jewellery brand from the house of Titan, is looking to more than double its revenue as well as the store count

India's Enron Moment? Gautam Adani slips to No 30 among the top rich

Gautam Adani was the world's third and Asia's richest man a month back but a damning report by a US firm triggered a massive sell-off in shares of his apples-to-airport group

OYO urges govt to probe into functioning of hotel association's committee

The representation by OYO alleges that FHRAI's actions are detrimental to small hotel owners

No plans to launch REIT public offer in next 12 months, says DLF CEO

DLF's top management has been maintaining that the timing for REIT will be decided by the two joint venture partners

IOC to set up green hydrogen plants at all refineries; lines up Rs 2 trn

Oil will continue to be a mainstay fuel for the next few years but we are preparing for transition which will involve a combination of green hydrogen, biofuels, EVs and alternate fuels, IOC chief said

Indian Energy Exchange to launch High Price Day Ahead Market segment

We expect to launch the segment by the mid of March 2023," Rohit Bajaj, Head-Business Development, Regulatory Affairs and Strategy, IEX, said

Mahindra Lifespace aims for Rs 500 cr revenue in industrial segment by 2025

In the residential segment, the company has set a target of increasing the annual sales of Rs 2,500 crore by 2025, from around Rs 1,000 crore last financial year

AI vs humans: Some companies begin replacing employees with ChatGPT

Companies that use ChatGPT said they saved money using the AI tool, with 48 per cent saved over $50,000 and 11 per cent saved over $100,000, according to a report in Fortune

SC notice to CBI on Piramal Capital & Housing Finance plea to quash FIR

The PCHF contended that it cannot be saddled with the offences allegedly committed by the previous management prior to the initiation of the insolvency proceedings

Top headlines: Modi, Scholz discuss ties; Ant Group to pare stake in Paytm

Business Standard brings you the top headlines at this hour

Mahindra Racing withdraws from Formula E due to rear suspension concerns

Customer team ABT CUPRA, which also runs the M9Electro, have also withdrawn from the weekend

Non-white car sales see marginal rise, but white still top choice in India

Car sales black, grey, blue, red, green, and gold rose by a few percentage points in 2022

Murugappa Group's EV arm TI Clean Mobility to raise Rs 3,000 crore

TCM has already unveiled its passenger three-wheeler electric vehicle, the sales of which are expected to grow over the next few quarters

Delhi govt's decision to allow electric bike taxis to hit thousands: Uber

Uber Technologies Inc said on Friday plans by the local government in India's Delhi city to only allow electric vehicles to function as bike taxis would risk finishing off the sector

Jack Ma-backed Ant Group plans to pare stake in Vijay Shekhar's Paytm

The Chinese fintech giant has been discussing options to reduce its stake in One 97 Communications Ltd. after its share percentage increased passively due to share buybacks

ED attaches assets worth Rs 305.84 crore of Joyalukkas Pvt Ltd under FEMA

Directorate of Enforcement (ED) has attached assets worth Rs 305.84 crore of a private firm under section 37A of the Foreign Exchange Management Act, 1999 for violation of section 4 of the Act.

Private consumption likely to take a hit on India's IT sector squeeze

In all, listed IT companies accounted for 47 per cent of incremental growth in India Inc's salary and wages bill in the last 12 months

Maruti Suzuki's rural market sales racing to reach the urban mark

Maruti Suzuki says proudly that they have helped to sell at least one car in 4.18 lakh villages