Page 1779 - Company News

Expansion, product mix to fizz up Varun Beverages' volumes and margins

Energy drink Sting help drive realisations of Pepsi bottler in Q3CY22

Ajit Mohan quits as head of Meta India; Manish Chopra interim chief

Meta Platforms announced that Ajit Mohan, Vice President and Managing Director of its India unit has stepped down from his role to pursue another opportunity outside of the company

Infy may overtake Cognizant on revenue front after a decade, say analysts

Slow growth rate and execution challenges impact Cognizant Q4 performance

Indian gaming worth $2.6 bn in FY22, will grow four-fold by 2027: Report

Country has 507 million gamers and more than 900 companies in the sector

Hero Electric to invest Rs 2,500 crore to launch 4 million units by 2026

The first stage of investment will roll out this year for a new factory in Rajasthan, where vendor units will invest another Rs 400 crore

Adani New Industries installs wind turbine, taller than Statue of Unity

Standing 200 metres tall, the wind turbine has the capacity to produce 5.2 MW of electricity and can power approximately 4,000 homes

A first for industry: Hyundai may ink pacts for direct power purchase

Such direct contracts will assist the carmaker in getting cheap power

Cochin Shipyard receives Rs 1,000 crore order from European client

These vessels are intended for the services of offshore wind farm installations towards their commissioning and maintenance

Go First plans to avail Rs 600 crore loan under ECLGS for its operations

According to the source, the company has a cumulative working capital loan of Rs 2,650 crore

Global Investors' Meet: WOLP signs MoU with K'taka govt to invest Rs 2k cr

WOLP said the warehousing facilities and logistics parks would spread across 6.28 million sq. ft. and be built over a 5-year period which would generate more than 6,000 jobs

Three-fourth employers in services sector willing to hire: TeamLease

The hiring boom in India's services sector is likely to continue in the third quarter, with 73 per cent of employers willing to increase their resource pool

Reliance Capital lenders to meet on Friday to decide on Challenge Mechanism

The last date for submitting binding bids for Reliance Capital Ltd (RCL) and its subsidiaries is November 28

Wipro announces appointment of Amit Choudhary as chief operating officer

Wipro Limited announced the appointment of Amit Choudhary as Chief Operating Officer (COO) and member of the Wipro Executive Board

ED files charge sheet against SRS group, promoters in money laundering case

The complaint has been filed before a special PMLA court in Gurugram and the court took cognisance on October 31, it said

Dairy industry revenue likely to witness 12-14% growth in FY23: Report

Icra expects the industry to maintain a stable credit profile, supported by a favourable demand outlook and moderate debt levels

Ajit Mohan steps down as Meta India head, may join social media firm Snap

Manish Chopra, director and head of partnerships at Meta India, will take over on an interim capacity

Vodafone Idea Q2 loss widens on higher expenses, subscriber loss

ARPU of larger rivals Reliance Jio and Bharti Airtel was at 177.2 rupees and 190 rupees in the quarter, respectively

Cognizant introduces 'two merit cycles' for employees to rein in attrition

Cognizant Technology Solutions has introduced a one-time, 'two merit cycles' for calendar year 2022 (CY22) for its employees to arrest attrition

Indian EV makers 'not doing it right', says Gogoro CEO Horace Luke

Luke on Thursday launched Gogoro in India with a pilot project in collaboration with ZyppElectric

L&T may conclude divestment of its road assets by the end of FY23

Exit from Hyderabad Metro, Nabha Power may take 2-3 years, says CFO R Shankar Raman