Page 1763 - Company News
Bankers association calls for strike on Nov 19 in protest of victimisation
Banking services across the nation will get affected on November 19, with members of the All India Bank Employees' Association (AIBEA) going on strike, said an official.
 "Bankers association calls for strike on Nov 19 in protest of victimisation")
IT deals becoming smaller amid rising digital projects, says new report
The terms of a smaller deal can be chosen according to their own personal advantage by the parties in a smaller contract
 "IT deals becoming smaller amid rising digital projects, says new report")
Pine Labs sees huge demand for its buy-now-pay-later service in hinterlands
The fintech unicorn expects to process BNPL transactions worth Rs 5,000 crore this month as an increasing number of customers in small towns are buying products on EMI this festive season
 "Pine Labs sees huge demand for its buy-now-pay-later service in hinterlands")
HSBC Q3 profit slumps 42% on France sale charge, rising bad loans
HSBC reported on Tuesday a 42% tumble in third-quarter pretax profits on the back of losses on the sale of its French unit and rising bad loans, but its interest income surged
 "HSBC Q3 profit slumps 42% on France sale charge, rising bad loans")
Sivakasi's Rs 6,000-cr fireworks industry aims for international market
The 6000 crore fireworks industry of Sivakasi, which has turned mainly into green crackers, is now planning to tap the international firecracker industry hitherto dominated by Chinese players
 "Sivakasi's Rs 6,000-cr fireworks industry aims for international market")
Asia's biggest buyout: Toshiba valued at $16 billion by JIP in takeover bid
A consortium led by Japan Industrial Partners Inc. is considering a takeover of Toshiba Corp. at a valuation of about 2.4 trillion yen ($16.1 billion) in what could be Asia's biggest buyout this year
 "Asia's biggest buyout: Toshiba valued at $16 billion by JIP in takeover bid")
Private solution: Rise in storage helps securing food from damage, loss
A Business Standard analysis found ramping up capacity and engaging the private sector helped FCI's share in total storage to rise to over 50 per cent.
 "Private solution: Rise in storage helps securing food from damage, loss")
How Kia turned out to be a 'sweet price band' for upper middle class
Hyundai's sister concern has established a respectable presence in India despite a pandemic-year launch
 "How Kia turned out to be a 'sweet price band' for upper middle class")
Hotels may hike corporate rates by 15% from January amid surge in demand
Most hotels are already commanding 15-20 per cent higher rates compared to 2019 for the non-contracted rooms
 "Hotels may hike corporate rates by 15% from January amid surge in demand")
Made-in-India VCs continue to grow in numbers despite economic headwinds
145 new companies were set up in India in the past two years - 123 in 2021 and 22 in 2022: Tracxn data
 "Made-in-India VCs continue to grow in numbers despite economic headwinds")
Reliance to commission its deepwater MJ gas condensate field by year-end
Reliance Industries Ltd will commission its deepwater MJ gas condensate field in Bay of Bengal block KG-D6 by year end, boosting natural gas output to 30 per cent of India's total.
 "Reliance to commission its deepwater MJ gas condensate field by year-end")
Hindustan Zinc eyeing acquisitions in US, Europe in new growth push
Parent Vedanta has zinc assets in Namibia, South Africa and Ireland
 "Hindustan Zinc eyeing acquisitions in US, Europe in new growth push")
E-commerce firms give airlines a miss, ship Diwali parcels by road, rail
This comes on the back of tie-ups between e-commerce companies and Indian Railways, and expansion of fulfillment centres which has enabled increased storage and quicker deliveries
 "E-commerce firms give airlines a miss, ship Diwali parcels by road, rail")
Debt MFs face lower risk, may put up a better show in Samvat 2079
Analysts advice investors to stay away from longer-duration funds yet, or consider a staggered plan
 "Debt MFs face lower risk, may put up a better show in Samvat 2079")
Diwali orders for Sivakasi firecracker units not enough to lift spirits
Prohibition on use of chemical adds to pain of ban on firecrackers; industry appeals to Supreme Court for relief
 "Diwali orders for Sivakasi firecracker units not enough to lift spirits")
Sony Pictures India rebrands channel portfolio to align with global ethos
Sony Pictures Networks India (SPNI) has rebranded all its network channels to be more aligned with the Japanese conglomerate's global ethos, the company said in a statement on Monday
 "Sony Pictures India rebrands channel portfolio to align with global ethos")
Industrial & warehousing leasing up 9% YoY on strong demand: Colliers study
Delhi-NCR and Pune together accounted for about 70 per cent of the leasing and 60 per cent of total supply
 "Industrial & warehousing leasing up 9% YoY on strong demand: Colliers study")
Ultraviolette open bookings for F77 e-bike from today; check details
alking about its Ultraviolette F77, the company said that the entire chassis of the bike has been redesigned to include the new battery pack, which is now fixed and heavier than before
 "Ultraviolette open bookings for F77 e-bike from today; check details")
A deep dive into what is really going on between The Wire and Meta
It all started when the news service had alleged that Meta gave some of its users, namely BJP's IT cell chief Amit Malviya, special privileges to take down any post from Instagram
 "A deep dive into what is really going on between The Wire and Meta")
Future Retail insolvency: Deadline for bids extended to November 3
The deadline for submission of expression of interest for debt-ridden Future Retail Ltd (FRL) has been extended by almost two weeks to November 3
 "Future Retail insolvency: Deadline for bids extended to November 3")