Page 1752 - Company News

Bain Capital sells 16.7 million shares in Axis Bank for Rs 1,497 crore

Bain Capital sold nearly 16.7 million shares, equalling a 0.5 per cent stake in private sector lender Axis Bank

Reliance & Tata entry in beverages segment positive: Coca-Cola India prez

Ray, however, said the entry of Reliance Retail and Tata Consumer Products can result in "some disruptions at the local level" leading to consolidation, but pricing will not be a game changer

Coal India powers productivity spurt, but can it sustain the pace?

The furious pace of production has helped prevent the blackouts of last year but there are questions over whether the state-owned miner can sustain the pace

DCX Systems IPO receives 8.8 times subscription on second day of offer

The company has priced its IPO between Rs 197 to 207 per share

EPFO aims to invest more in equity for younger members, expand horizon

At present, EPFO is allowed to invest between 5-15 per cent of its investible deposits in equity instruments irrespective of the age or risk profile of its members

Jamshed Irani: Architect of post-lib Indian industry and 'New Tata Steel'

Irani transformed Tata Steel totally to make it the world's lowest-cost steel producer by 2001, completely revamped technology and used his phrase "Customer Har Haal Me" to augment user delight

Bharti Airtel to focus on rural markets to narrow gap with Reliance Jio

Decision on differential 5G pricing may be taken after 6-9 months: Vittal

After ONGC, BPCL gets interim head in absence of regular appointment

Vetsa Ramakrishna Gupta assumed additional charge as chairman and managing director of Bharat Petroleum Corporation Ltd (BPCL)

ABB India inaugurates its first smart instrumentation factory in Bengaluru

ABB India on Tuesday said that it has inaugurated its first smart instrumentation factory in Bengaluru for mass production of measurement and analytical devices

Uber says autorickshaw service 'under cloud' in Bengaluru, blames price cap

Aggregators operating in city after High Court stays a state government ban on them providing autos

Agritech startup Otipy appoints Rohit Sood as chief business officer

Otipy is currently serving more than 5 lakh customers in Delhi-NCR and Mumbai

Wheels India reports net profit at Rs 15.14 cr for July-September quarter

Wheels India Ltd, manufacturer of steel wheels for automobiles has reported net profit at Rs 15.14 crore during the quarter ending September 30, 2022, the company said on Tuesday.

TVS Motor Company sells over 300,000 units; sales up by 2% in October 2022

TVS Motor Company registered a growth of 2% with sales increasing from 355,033 units in October 2021 to 360,288 units in October 2022

P&G India set up Rs 200-cr 'Technovate Fund' to solve business challenges

The firm has also committed to spend more than Rs 1,300 crore in business solutions through its 'vGrow' platform

Rising offshore revenue to be growth huge lever for years: Coforge CEO

The IT solutions provider has posted a consolidated net profit of Rs 220.6 crore for Q2FY23, up 36.6% YoY. Its revenue growth was driven by offshoring expansion

JSW Energy likely to close Rs 10,530-cr Mytrah acquisition by December-end

The deal, announced in August, is JSW Energy's largest till date; will take the firm's operational generation capacity to 6.5 Gw from 4.8 Gw now, and accelerate its plans to achieve 10 Gw by FY25

P&G India announces Rs 200 crore 'technovate fund' to solve challenges

This fund is in addition to the Rs 1,300 crore that P&G has already committed over the past four years through its initiative vGrow, the company said in a statement

Hyundai Motor India sales increase 33% at 58,006 units in October

Hyundai Motor India on Tuesday reported a 33 per cent increase in total sales at 58,006 units in October

Toyota Kirloskar Motor wholesales up 6% at 13,143 units in October

Toyota Kirloskar Motor on Tuesday reported a 6 per cent increase in domestic wholesales at 13,143 units in October

LIC shareholding in Tata Motors crosses 5%, invests Rs 11.39 crore

Shareholding by LIC in Tata Motors Ltd has crossed 5 per cent as the insurer stepped up shareholding over the past ten months, investing Rs 11.39 crore in the auto company