Page 1718 - Company News
Vedanta Group notifies third interim dividend of Rs 17.50 per share
Vedanta Group approved the third interim dividend of Rs 17.50 per share or 1750 per cent for the financial year 2022-23, on Tuesday November 2022
 "Vedanta Group notifies third interim dividend of Rs 17.50 per share")
Fashion & beauty platform Nykaa announces CFO Arvind Agarwal's resignation
The FSN E-Commerce Ventures, that runs the fashion and beauty platform Nykaa, announced the resignation of its chief financial officer (CFO) Arvind Agarwal today on November 22
 "Fashion & beauty platform Nykaa announces CFO Arvind Agarwal's resignation")
Electric sports bike firm Ultraviolette get funding from Qualcomm, Lingotto
Bengaluru-based start-up will launch motorcycle on November 24, aims to be in international markets
 "Electric sports bike firm Ultraviolette get funding from Qualcomm, Lingotto")
Top 500 NSE-listed companies have 18% women directors, reveals study
Gender diversity in boardrooms is picking up, though at a slower pace, with women accounting for nearly 18% of the directorships in the top 500 NSE-listed companies
 "Top 500 NSE-listed companies have 18% women directors, reveals study")
iVOOMi introduces new variants of electric 2-wheeler with increased speed
EV company iVOOMi Energy has introduced new variants of e-scooters for its model S1 with increased speed for consumers in India
 "iVOOMi introduces new variants of electric 2-wheeler with increased speed")
Voda Idea loses subscribers as Jio, Airtel strengthen user tally: TRAI data
Ailing Vodafone Idea faced subscriber count decline (by 40 lakh), its base shrank to 24.91 crore during September
 "Voda Idea loses subscribers as Jio, Airtel strengthen user tally: TRAI data")
L&T buys Japan-based Chiyoda's entire stake in JV LTC for Rs 75 cr
The buyout is likely to be completed by the end of next month, the engineering and construction conglomerate said in a regulatory filing
 "L&T buys Japan-based Chiyoda's entire stake in JV LTC for Rs 75 cr")
Jio Financial Services could become fifth largest fin service entity: Study
Reliance firm can disrupt payments business and become a threat to other fintech models, say analysts
 "Jio Financial Services could become fifth largest fin service entity: Study")
Steel Strip Wheels to set up JV with Israel's Redler Technologies
The two companies have signed a memorandum of understanding for the same and will collaborate on EV controllers for two-, three- and four-wheelers
 "Steel Strip Wheels to set up JV with Israel's Redler Technologies")
Glenmark Pharma inks settlement pact with Pfizer for cancer treatment drug
The Mumbai-based drug maker and its US-based unit have inked a settlement pact with drug major Pfizer Inc for Axitinib Tablets (1 mg and 5 mg)
 "Glenmark Pharma inks settlement pact with Pfizer for cancer treatment drug")
OTT comms services should be licenced, compensate telecom firms: COAI
The association, as part of draft telecom bill, has given its suggestions on how OTT communications services should be defined, to ensure there is no ambiguity
 "OTT comms services should be licenced, compensate telecom firms: COAI")
43% Indian IT employees find moonlighting favourable, says report
Amid the growing debate on moonlighting, a new report has revealed that 43 per cent of employees in the Indian IT sector find moonlighting favourable
 "43% Indian IT employees find moonlighting favourable, says report")
Bira 91 raises $70 mn from Japanese beer company Kirin Holdings
Premium beer company Bira 91 on Tuesday announced it has raised $70 million in Series D funding, led by leading Japanese beer firm Kirin Holdings
 "Bira 91 raises $70 mn from Japanese beer company Kirin Holdings")
OPPO India partners with Skit.ai to launch AI voicebot for customer support
With this implementation, Skit.ai claims its Augmented Voice Intelligence Platform (AVIP) will respond to all OPPO customer queries after business hours, with instant responses and zero waiting time
 "OPPO India partners with Skit.ai to launch AI voicebot for customer support")
AWS launches second infrastructure region in India, to support 48,000 jobs
The construction and operation of the AWS Asia Pacific (Hyderabad) Region is also estimated to add approximately $7.6 billion (Rs 63,600 crore) to India's gross domestic product by 2030
 "AWS launches second infrastructure region in India, to support 48,000 jobs")
Top Headlines: Auto sector's electrification race, e-comm deal at WTO
Business Standard brings you the top headlines at this hour
 "Top Headlines: Auto sector's electrification race, e-comm deal at WTO")
EPTL, EPL conclude $2.05 bn transaction of port & power assets with AM/NS
Essar Ports & Terminals Ltd (EPTL) and Essar Power Ltd (EPL) concluded the $2.05 billion sale of captive ports and power assets to Arcelor Mittal Nippon Steel India Ltd (AM/NS)
 "EPTL, EPL conclude $2.05 bn transaction of port & power assets with AM/NS")
Govt proposes guidelines to combat fake online reviews and ratings
Some companies have been criticised by consumers and industry experts for downplaying negative reviews, or accepting fake ratings, making the vetting process difficult for buyers
 "Govt proposes guidelines to combat fake online reviews and ratings")
Rasna founder Areez Khambatta passes away at 85 due to cardiac arrest
The company also said that Khambatta through his untiring efforts generated thousands of jobs - directly and indirectly
 "Rasna founder Areez Khambatta passes away at 85 due to cardiac arrest")
Hiranandani group to raise Rs 3,100 crore via debt for data centre biz
The company will maintain Rs 150 crore in interest service reserve account (ISRA)
 "Hiranandani group to raise Rs 3,100 crore via debt for data centre biz")