Page 1716 - Company News
India is catching up but the road is still long, say women leaders
For most women chief executive officers (CEOs) in India, the real job begins after overcoming this one big additional hurdle - to be accepted as the leader
 "India is catching up but the road is still long, say women leaders")
Blue Dart sets up 25 outlets in Tier-I, II towns as part of expansion plan
Besides these 25 retails outlets, the company plans to establish 100 similar facilities
 "Blue Dart sets up 25 outlets in Tier-I, II towns as part of expansion plan")
25% of demand now coming from digital channels, HUL tells investors
Says it's seeing 4x increase in e-commerce sales and 2x growth in modern trade
 "25% of demand now coming from digital channels, HUL tells investors")
Most of BSNL's 125,000 new 4G towers to come up in rural areas
This is to shake off its image of a lagging government service, multiple officials added
 "Most of BSNL's 125,000 new 4G towers to come up in rural areas")
CDSL detects malware in a few internal machines; settlements delayed
The official website of the securities depository remained non-functional and showed error till the filing of the story on Friday
 "CDSL detects malware in a few internal machines; settlements delayed")
Trust, sustainability & talking robots at global accounting event in Mumbai
The 4-day event began on Friday and has delegates from across the world
 "Trust, sustainability & talking robots at global accounting event in Mumbai")
Delhi HC gives DMRC till December 12 to present plan to pay DAMEPL
DMRC owed DAMEPL close to Rs 7,100 cr, of which it has already paid Rs 2,600 cr as of Sept 6. It now owes Rs 4,500 cr
 "Delhi HC gives DMRC till December 12 to present plan to pay DAMEPL")
Jet Airways asks 60% staff to go on leave without pay for 3 months
This news comes after Jet Airways's revival plan hit another roadblock on November 18, after the new owner Jalan-Kalrock told the NCLAT of its inability to pay additional money
 "Jet Airways asks 60% staff to go on leave without pay for 3 months")
Amid mass layoffs by Musk at Twitter, Koo offers to hire affected employees
Koo co-founder Mayank Bidawatka, in a tweet on Friday, offered to hire some of the Twitter ex-employees
 "Amid mass layoffs by Musk at Twitter, Koo offers to hire affected employees")
Carefully evaluate open offer: NDTV independent directors to shareholders
Last month, the Adani group had written to Sebi, re-affirming its commitment to complete the open offer process for additional shares in NDTV
 "Carefully evaluate open offer: NDTV independent directors to shareholders")
Akasa Air to launch services on Visakhapatnam-Bengaluru route from Dec 10
The city-based airline recently announced connecting Pune and Bengaluru with double daily flights from November 26 and a third frequency on the route from December 10
 "Akasa Air to launch services on Visakhapatnam-Bengaluru route from Dec 10")
Gautam Adani has no plans to set up family office overseas to manage wealth
Adani has a net worth of $135 billion
 "Gautam Adani has no plans to set up family office overseas to manage wealth")
HCL to ramp up Malanjkhand production, sets Rs 350-cr capex target for FY23
The other copper mines are Khetri Copper Complex in Rajasthan, Indian Copper Complex at Ghatsila, Jharkhand, Taloja Copper Project in Maharashtra and Gujarat Copper Project
 "HCL to ramp up Malanjkhand production, sets Rs 350-cr capex target for FY23")
Jet Airways consortium may take difficult decisions to manage cashflows
It did not elaborate on the decisions that could be taken to manage the cashflows
 "Jet Airways consortium may take difficult decisions to manage cashflows")
Reliance Jio announces rollout of 'True 5G' service in Delhi, NCR cities
Company's welcome offer will give users unlimited data at up to 1Gbps speeds
 "Reliance Jio announces rollout of 'True 5G' service in Delhi, NCR cities")
Indonesian Internet firm GoTo lays off 12% of its workforce to reduce costs
According to TechCrunch, GoTo joins scores of local and global peers in its decision to cut the workforce to navigate the economic slowdown and rising interest rates
 "Indonesian Internet firm GoTo lays off 12% of its workforce to reduce costs")
Bajaj Healthcare completes USFDA pre-approval inspection of Vadodara plant
Pre-approval inspection of USFDA has completed successfully with zero Form 483 observations of manufacturing facility, said the company, which is a manufacturer of APIs, intermediates and formulations
 "Bajaj Healthcare completes USFDA pre-approval inspection of Vadodara plant")
India's online sales up 25% at Rs 76,000 cr in festive month: Report
According to Bengaluru-based Redseer Strategy Consultants, the tier 2 and above cities drove this growth and contributed 57 per cent of festive GMV (gross merchandise value).
 "India's online sales up 25% at Rs 76,000 cr in festive month: Report")
Maruti Suzuki expects to end current fiscal with 3,700 sales outlets
Maruti Suzuki India expects its sales network to touch the 3,700-mark by the end of this fiscal amid a push to ramp up production capacity at its Manesar-based plant by 100k units to cater to demand
 "Maruti Suzuki expects to end current fiscal with 3,700 sales outlets")
India, EU regulators standoff over clearing houses to affect BNP to HSBC
Recent changes in European Market Infrastructure Regulation demanded that ESMA must establish cooperation arrangements with countries that has their own central counterparties
 "India, EU regulators standoff over clearing houses to affect BNP to HSBC")