Page 1675 - Company News

Centre to sell up to 5% stake in IRCTC via OFS to garner Rs 2,720 crore

Floor price fixed at Rs 680/share, an over 7% discount to Wednesday closing price

Very tough path ahead for new entrants like Akasa, Jet 2.0: GMR official

Julian Carr, the firm's CMO, says it will be "fascinating" to see how IndiGo's desire to grow further progresses when Air India aims to become a big full-service domestic and international carrier

Construction work on Adani port in south India to speed up to meet deadline

Clashes between police and protesters in November injured more than 100 people, including 64 police officers

Nestle has bigger appetite for India; increasing presence in rurban markets

The Swiss processed foods maker has significantly upped investments in its Indian subsidiary to expand its penetration in 'rurban' markets

Braithwaite aims Rs 1,000 cr topline in FY23, wagon dependence down to 50%

Braithwaite & Co Ltd said it has reduced its dependence for revenue on wagons to 50% in the last two to three years as it diversified into new areas to turn around and propel growth

Supreme Court to examine if tariff determined under PPA can be revised

Supreme Court sought the response of Tata Power to an appeal filed against the Andhra Pradesh High Court order which held that tariff determined under long-term PPA cannot be revised by a State ERC

Meta restores video of sexual assault on woman citing newsworthiness

Meta's oversight board has upheld company's decision to restore a video of sexual assault allegedly on a tribal woman by a group of men on Instagram citing newsworthiness in the content

Infosys founders take trip down memory lane on company completing 4 decades

As IT major Infosys commemorated its four decades of existence, its founders reminisced about the company's journey on Wednesday

Anarock facilitates sale of 1,455 unsold units so far in stalled projects

Property consultant Anarock, which has got the mandate to sell over 5,000 unsold flats of erstwhile Amrapali group, on Wednesday said it has facilitated the sale of 1,455 housing units so far

Arjas Steel to invest Rs 610 cr to augment capacity to 0.55 million tonne

Arjas Steel, formerly Gerdau Steel announced a Rs 610 cr capex to increase its annual production capacity to 0.55mn tonne, adding over 37.5% to its existing capacity across its AP and Punjab plants

Bosch Global Software Technologies inaugurates smart campus in Hyderabad

Bosch Global Software Technologies(BGSW) on Wednesday inaugurated its new smart campus here to strengthen its software-centric product innovations

Power producer NTPC to sell stake in green energy business: Sources

The deal marks the first green transaction by an Indian state company, which has drawn interest from investors, such as Canada Pension Plan Investment Board (CPPIB), Malaysia's Petronas and Brookfield

Billionaire Anil Agarwal struggles to get backers for $19 billion chip unit

Investors to whom Agarwal pitched the plan raised concerns about the group's limited experience in the sector, say people aware of the development

Tech layoffs surpass Great Recession levels, set to get worse in early 2023

The massive layoffs by the tech companies this year alone have surpassed the levels from the Great Recession the world went through 2008-2009 that began with Lehman Brothers collapse

Microsoft to integrate Teams into Outlook, all users can try from March'23

Microsoft has started testing a new feature, Teams chat, that it plans to integrate into Outlook soon

Torrent Pharma, Boehringer Ingelheim India to co-market diabetes drug

Torrent Pharmaceuticals on Wednesday said it has inked a pact with Boehringer Ingelheim India to co-market diabetes drug and its combinations in the country

GMR Hyderabad International Airport raises Rs 1,150 cr through NCDs

GMR Hyderabad International Airport Limited (GHIAL) which manages Rajiv Gandhi International Airport said it has raised funds through the issuance of 10 year NCDs

TSF Group unveils manufacturing unit of Leggaro Composites for expansion

The TSF Group, a part of the erstwhile TVS Group, inaugurated the manufacturing facility of Leggaro Composites aimed at stepping up presence in the country, a top official said on Wednesday

Zepto will stick to brand promise of 10-minute deliveries: CEO Palicha

Quick commerce fastest-growing consumer technology industry in India, he says

Breaking stereotypes with ads may not be so easy despite big brand backing

Experts believe advertisers trying to reverse gender roles in their brand communication walk a thin line in today's 24x7 digital age