Page 1653 - Company News

Godrej Properties buys 9-acres of land in Gurugram to build Rs 2.5k cr proj

Godrej Properties has bought an about 9-acre land in Gurugram to develop a housing project with sales potential of Rs 2,500 crore.

Most fired tech workers landing new jobs in three months, says report

Nearly four in 10 previously laid off tech workers found jobs less than a month after they began searching, the survey found

Supertech offered 9,705 flats without occupancy certificates: NCLAT told

The status report, pertaining to 18 residential projects spread across Uttar Pradesh, Haryana and Uttarakhand, was submitted to NCLAT on May 31

Indian firms lead in intending to hire first-time jobseekers: Report

IT sector expected to hire 100,000 freshers in FY23 to meet the rising demand

Post pandemic pent-up demand surge, realty space may face global headwinds

Home loan rates have gone up since May this year from a decade-low of around 6.5 per cent

Firms could raise funds via public issues in 2023 as cash tightens: Bankers

Corporates have traditionally preferred raising funds via private placements due to its ease, shorter execution time, and lower costs overall

Top Headlines: India's billionaire club shrinks, Airtel 5G monetisation

Business Standard brings you the top headlines at this hour

Tech darling that rose 2,500% in 2021 now among India's worst performers

The beating in the company's shares has wiped away 129 billion rupees ($1.6 billion) in market value

CBIC asks taxmen to recover lower dues from firms under insolvency

Issues a separate circular on limitation period of show-cause notices

Will this year's record M&A show continue in 2023?

This year India Inc clinched its highest-ever mergers and acquisitions, beating the previous record of 2021. What were the factors that led to this year's stellar numbers? How will 2023 play out?

Google staff braces for a cost-cutting drive as budgetary anxiety mounts

A letter signaled how some Google employees are increasingly interpreting recent management decisions as warnings that the company may be angling to conduct broader layoffs

Serum Institute to provide 20 mn Covishield doses to govt free of cost

The Serum Institute of India (SII) has offered 20 mn doses of Covishield vaccine to the central government free of cost amid a rise in Covid-19 cases in some countries, official sources said

Reliance Industries topped the growth charts in the last 20 years

In the last 20 years, RIL's net profit has grown at a CAGR of 15.7 per cent

Bharti Airtel sees limited scope of 5G monetisation currently: Executive

Fewer people upgrading to 5G handsets, says top executive

BIAL incurs net loss of Rs 356 crore in FY22 due to Covid-19 impact

The financial performance of BIAL is registering strong growth as passenger volumes in recent months have gone back to pre-Covid levels

Airtel plans to invest additional Rs 27-28,000 crore with focus on 5G

Telecom operator Bharti Airtel has plans to invest Rs 27,000-28,000 crore in telecom network with a focus on 5G rollout, a company official said on Wednesday

Prospects remain healthy for NBFCs, bank credit shows a strong trend

Topline growth should outweigh any pressure on margins

McLeod negotiates with investors to monetise assets, infuse fresh capital

As part of the restructuring with secured lenders, debt-laden McLeod Russel India Ltd is in the process of negotiating with "multiple investors" to monetise assets and infuse fresh capital

India's billionaire club shrinks to 120, Gautam Adani tops rich list

In comparison, Ambani, who topped the list last year, has seen a 2.5 per cent decline in his family's net worth to $101.75 billion from $104.4 billion a year ago

Small towns witness highest increase in room bookings in 2022: OYO

India's small towns like Hathras, Sasaram, Karaikudi, and Tenali witnessed the highest increase in room bookings in 2022, according to hospitality and travel-tech firm OYO's annual data