Page 1743 - Company News

upGrad to invest $30 mn to launch 10 global campuses in US, India next year

Under a new brand name 'UGDX', the company said it will open three campuses in the US (the San Francisco unit), five in India (Delhi and Chennai) and one each in Singapore and Middle-East

Is Elon Musk rewriting the HR rulebook at Twitter?

Elon Musk is facing backlash for unceremoniously expelling so many employees from Twitter. Is Musk setting a new trend where owners can brush aside the HR rulebook and write their own edicts?

BankBazaar to turn profitable in FY23; to go for IPO by next calendar: CEO

BankBazaar.com, which eyes to become the most profitable co-branded credit card platform, expects to turn profitable this fiscal and plans to file for an IPO by 2023 end, CEO Adhil Shetty said

Maruti production cost has remained constant for years: R C Bhargava

Bhargava says that each year the company, based on workers' suggestions, has saved around Rs 300 crore in costs

Maruti chalks out road to FY24 with 2.4-million production capacity

Maruti Suzuki chairman R C Bhargava says that each year the company, based on workers' suggestions, has saved around Rs 300 crore in costs

Bandhan Bank, UPL, Macrotech and Nykaa offer highest upside potential

Consensus target price for these stocks well above current market price

Cement firms raise FY23 capex amid cost pressure, aluminium cos trim plans

While UltraTech, ACC, Ambuja intend to go ahead with capex, Analysts point to volatility in global aluminium prices for Vedanta arm's revised capex guidance

Reliance Industries India's best employer, in top 20 worldwide: Forbes

Reliance Industries, the country's largest company by revenues, profits and market value, is India's best employer and the world's 20th best firm to work with, says the Forbes' rankings

Reliance Retail to buy 49% in Naturals Salon by first half of Q4: sources

Through funds raised from the deal, Naturals is planning to expand its footprint across the country. It currently runs 700 salons in 20 states and is planning to increase that to 3,000 by 2025

Reliance set to acquire METRO Cash & Carry India in 500 million euros deal

Reliance Industries is set to acquire German retailer METRO AG's Cash & Carry business in India in a deal estimated at around 500 million euros (Rs 4,060 crore), industry sources said

Indian firm eyes sending tourists near space in capsule by 2025

The firm has set itself a target of 2025 for beginning its flight into space

Indians likely to use 'Twitter Blue' in a month, says Elon Musk

Musk has now said that Twitter Blue rollout can be expected in India within a month, clearing the air around when the chargeable service will be available in this key market

$8 Twitter Blue with verification in India within a month: Elon Musk

Elon Musk on Sunday confirmed that the new Twitter Blue subscription service with verification (blue badge) for $8 will be available in India in less than a month.

Twitter losing $4 million a day, India revenue a small percentage

The microblogging site's business in the country has managed to make a profit for the past seven fiscal years

International cruise liners back in India after two yrs led by Viking Mars

The six-month old ship operated by Switzerland-based cruise operator Viking will dock at Mumbai on Nov 13 enroute to Thailand. It is carrying 800 passengers

Jio offers to deposit Rs 3,720 cr in escrow account to acquire RCom assets

Telecom operator Jio has proposed to deposit Rs 3,720 crore in an escrow account to complete the acquisition of Reliance Infratel which is undergoing liquidation process

IOB Q2 net up 33% to Rs 501 cr, total income rises 15% to Rs 5,852 cr

Gross NPA down 6% during the quarter, net NPA up 11%; ratios improve in both spaces; lender came out of RBI's Prompt Corrective Action (PCA) on September 29, 2021

South Eastern Coalfields tops in coal output among CIL subsidiaries

South Eastern Coalfields (SECL), the highest coal-producing company among the eight entities of CIL over the years, was outshined by Odisha-based Mahanadi Coalfields (MCL) in FY22

Edtech pioneer Ronnie Screwvala to build world's largest tech school

The move comes at a time when many unicorns recently fired employees in an attempt to conserve cash and focus on profitability amid steep losses and a funding winter

Less than 50% capex planned for FY23 utilised, says Tata Steel CEO

Tata Steel has spent less than half of the capex planned for ongoing 2022-23 fiscal year, its CEO T V Narendran said