Page 1689 - Company News

India's Greenhouse-in-a-Box startup Kheyti wins 2022 Earthshot Prize

A Greenhouse-in-a-Box sustainable solution for small farmers devised by Telangana startup Kheyti has won the 1 million pounds Earthshot Prize

Godrej Properties buys 18.6 acre land in Mumbai to build luxury homes

Godrej Properties has bought an 18.6 acre land parcel at Kandivali, in Mumbai for around Rs 750 crore to develop a luxury housing project

E-commerce platform Carousell lays off 110 employees to reduce costs

Consumer-to-consumer (C2C) e-commerce platform Carousell has laid off about 110 employees, or 10 per cent of its total workforce, in an effort to reduce costs.

OYO to downsize 3,700-employee base including fresh hires, cut 600 jobs

"OYO will downsize 10 per cent of its 3,700-employee base, which includes fresh hiring of 250 members and letting go of 600 employees," a statement said

Arena-Varde Partners, NARCL and Authum submit final bids for Srei companies

Srei Infrastructure Finance and Srei Equipment Finance were admitted for bankruptcy following applications filed by the Reserve Bank of India in October 2021

Kerala cooperative secures second position in global sectoral ranking

Vadakara-based Uralungal Labour Contract Cooperative Society (ULCCS) has been ranked second in the list of Industry and Utilities Cooperatives in the sectoral rankings

What do industry trends say about consumption and the economy?

While TVs and luxury apparel flew off the shelves in cities, rural demand for FMCG products saw a negligible jump in October. What do these industries say about consumption in India and its economy?

Give management of Amrapali to Uttar Pradesh: AG tells Supreme Court

The bench had said the receiver's note required hearing all the parties concerned and directed hearing of the entire issue afresh

Kerala govt nods to Adani group's plea seeking protection at Vizhinjam port

The court's directive came after the Adani Group sought deployment of the Central forces at Vizhinjam seaport and the State government nodded in its favour

Pharma, consumer durables sectors likely to feel China curb heat

Industry players say lockdown could have an impact on the supply of components used in consumer durables

Amara Raja to invest Rs 9,500 crore in Telangana battery-making unit

Unit will house Amara Raja E-hub, an advanced energy research and innovation centre to meet firm's development needs and offer facilities to other players in the energy and mobility space

Tepid demand for cyber insurance policies despite steep rise in attacks

Experts see signs of change because of heightened awareness and increase in enquiries

Maruti Suzuki to hike prices of its models from January amid cost pressure

The country's largest carmaker Maruti Suzuki India on Friday said it will increase prices of its models with effect from next month

Mercedes-Benz India on road to best-ever sales: MD & CEO Martin Schwenk

'We reached our highest (unit sales) number in the calendar year 2018. It was 15,538 units. We assume we should be able to cross this number'

Global FinTech firm FIS issues pink slips to over 400 employees in India

Move comes a year after firm's plans to hire 10,000 people in the country; more likely to be axed in restructuring exercise; final settlement likely within five days from separation date

Start-ups line up for space glory, but still very far from 'SpaceX moment'

Roughly 70% of these start-ups were launched after 2020; of $245 mn that the sector has received in last seven years, $198 mn came after 2020

Indian legal system a hurdle for aircraft lessors: Air India to govt

Lessors wish to set up SPVs outside India

Rural demand for FMCG dips 17% in Nov as post-festive consumption slows

Urban demand also hit, but not as badly; Overall FMCG sales decline 15.3% MoM and 2.7% YoY

Canara Bank wins 'Banker's Bank of the Year Award 2022' for India

The winners are judged on their ability to deliver returns, strategy, innovation, technology and product and services in their respective geographies in the last 12 months

UPI volume cap deadline extended by 2 yrs in relief for PhonePe, Google Pay

Players wanted five-year extension on the market cap deadline