Page 1670 - Company News

PepsiCo India Holding FY22 profit declines 76.2%, revenue up by 21.6%

Food and beverage major Pepsico India Holdings Pvt Ltd's consolidated profit for FY22 declined 76.25 per cent to Rs 41.63 cr, while its revenue from operations went up 21.61 per cent to Rs 6,385.80 cr

Uttar Pradesh sets a target of Rs 40,000 cr investments in energy sector

The steep proliferation in the state energy demand is attributed to the projected setting up of new industries and manufacturing plants over the next five years

Maruti Suzuki seeks correct accounting of GHG emission benefits of ethanol

Car market leader Maruti Suzuki India (MSI) on Monday sought correct accounting of greenhouse gas emission benefits of ethanol blended fuel under the Corporate Average Fuel Economy (CAFE) norms

Severity of injuries worst among auto workers in Pune, shows SII report

Nearly 83 per cent incidents in Pune reported a loss of body part of the worker, as compared to 67 per cent in Haryana (Gurugram and Faridabad)

In a first: Bajaj Allianz set to launch surety bonds on December 19

SBI General Insurance and Tata AIG General Insurance are also said to be looking at launching a surety insurance product soon, said sources

WTO: India seeks views on consumer protection in e-commerce sector

Also calls for greater cooperation among enforcement agencies of member countries

McDonald's to hire 5,000 people, double stores in Northern, Eastern India

Quick service restaurant McDonald's India (North and East) said it will hire around 5,000 people as it looks to double its outlets to cross 300 restaurants in the region over the next three year

Top five steel companies, few others selected under the PLI scheme

The top five steel companies -- Tata Steel, JSW Steel, JSPL, AMNS India and SAIL -- dominate the list of qualifiers under the PLI scheme for specialty steel.

Layoff fallout: Outplacement firms have their hands full with flood of CVs

Tough trade-off: Companies want job guarantee for people they've laid off, but on a bargain

Tata Motors to partially sell stake in subsidiary Tata Tech via IPO

The offering could be Tata group's first since listing of TCS in 2004

At $2.2 billion, M&A deal value falls by 37%, volume by 40% in November

November turned out to be the worst month for the deal street with 119 merger and acquisition transactions worth $2.2 billion, a fall of 40 per cent in volume and 37 per cent in value annually

Higher output could boost Coal India's spot sales, says Pramod Agrawal

"I think in the first half, we have done a little over 30 million tonnes. In the next half, our e-auction sales may go up to 40 million tonnes," Chairman Pramod Agrawal said

On Udaan network, local mobile accessory brands take wings in 'Bharat'

Udaan said its in-house expert team works closely with small manufacturers and trains them to run an e-commerce business

ONGC to invest Rs 2,150 cr on drilling 53 exploratory wells in Andhra

According to ONGC, it proposes to carry out the onshore exploration of 50 wells during 2021-'28 in Godavari on-land PML block of KG basin

upGrad strengthens domestic leadership with 2 strategic appointments

Brijesh Nain and Paras Jhaveri have joined the global higher edtech company as the Business Unit Head and Vice President - Finance, respectively

Social lifestyle club The Quorum enters Hyderabad with largest facility

Spread across two floors and 70,000 sq ft, Hyderabad Club will become operational by mid-2023

Paytm loan disbursal reaches annualised run rate of Rs 39,000 crore in Nov

Digital financial services firm One97 Communications on Monday said that its loan disbursals reached an annualised run rate of around Rs 39,000 crore in November this year.

Twitter relaunching subscriber service after previous month's debacle

Twitter is once again attempting to launch its premium service, a month after a previous attempt failed

GFG Alliance raises Rs 330 crore in term loan to refinance debt

GFG Alliance, which has a presence in the domestic steel sector, has raised USD 40 million (around Rs 330 crore) term loan from Eclipse Business Capital in the US

Mondelez Intl expands multi-year cybersecurity contract with HCLTech

HCL will also use its automation and AI capabilities to help Mondelez provide on-demand personalised user experience and accelerated issue resolution to 110,000 employees in 79 countries