Page 1782 - Company News
HUL, GCPL cut soap prices by up to 15% as raw material rates soften
FMCG firms Hindustan Unilever Ltd and Godrej Consumer Products Ltd (GCPL) have cut prices of some soap brands by up to 15% amid palm oil and other raw materials turning relatively cheaper
 "HUL, GCPL cut soap prices by up to 15% as raw material rates soften")
Railways ministry launches probe into Oracle India corruption case
Oracle was fined $23 million by US SEC for paying bribes to officials of railway-owned PSU
 "Railways ministry launches probe into Oracle India corruption case")
Delhi International Airport to raise up to Rs 1,600 cr via debentures
Tweaks plans to opt for Debentures as alternative to lease financing
 "Delhi International Airport to raise up to Rs 1,600 cr via debentures")
Meesho surpasses Amazon in festive order volumes, Flipkart leads the market
E-commerce firms such as Amazon, Flipkart, Meesho, Reliance's JioMart and Tata Group have been running various parallel sale events
 "Meesho surpasses Amazon in festive order volumes, Flipkart leads the market")
Maiden Pharma may lose import-export code over cough syrup deaths in Gambia
Pharmexcil suspends membership; may recommend DGFT to withdraw Import-Export Code
 "Maiden Pharma may lose import-export code over cough syrup deaths in Gambia")
PE investments in real estate grew 40% in H1FY23 despite global headwinds
Top 10 deals accounted for 86% of total PE inflows in the first half of this year, as compared to 80% a year ago
 "PE investments in real estate grew 40% in H1FY23 despite global headwinds")
IT firms seen logging steady sequential growth in Q2: Brokerages
All eyes on management cues for demand outlook, say brokerage reports and analysts' notes on Q2 earnings preview
 "IT firms seen logging steady sequential growth in Q2: Brokerages")
Your next meal from Zomato may be delivered by CEO Deepinder Goyal
Goyal and other senior execs of the firm wear the official red Zomato t-shirt once a quarter and deliver orders, revealed Sanjeev Bikchandani of Naukri.com and an investor in Zomato
 "Your next meal from Zomato may be delivered by CEO Deepinder Goyal")
IDBI Bank bidders need to seek MHA security clearance in bidding process
In a first, the government has made it mandatory for interested buyers of IDBI Bank to provide details for security clearance from the MHA in the first stage of the bidding process
 "IDBI Bank bidders need to seek MHA security clearance in bidding process")
AM/NS India eyes $250-300 mn gain from purchase of Essar group infra assets
The port and power assets are primarily captive to AM/NS' Hazira steel plant in Gujarat, will expand firm's footprint and operating efficiencies
 "AM/NS India eyes $250-300 mn gain from purchase of Essar group infra assets")
DMRC seeks Rs 3,500 cr from govt to comply with directions in DAMEPL case
The DMRC has sought a sum of Rs 3,500 crore from the Government of India in the form of grant/equity interest free subordinate debt to comply with High Court directions in the DAMEPL case
 "DMRC seeks Rs 3,500 cr from govt to comply with directions in DAMEPL case")
Andersen Global sees extraordinary mkt opportunities in India: CEO Vorsatz
Tax firm Andersen Global sees 'extraordinary' market opportunities in India and will continue to add quality manpower and focus on training, Chairman and CEO Mark L Vorsatz said
 "Andersen Global sees extraordinary mkt opportunities in India: CEO Vorsatz")
Karcher India expects double-digit growth, aims to be 100 mn firm by 2030
Karcher anticipates strong double-digit growth in the mechanised cleaning industry in India in coming years and aims its unit here to be a 100 million Euro company by 2030, a company official said
Maiden Pharmaceuticals breaks silence on cough syrup deaths in Gambia
The pharma company Maiden Pharmaceuticals has come under scanner after 66 children died in the Gambia after consuming cough syrup produced in India
Ambuja gets shareholders' nod for raising Rs 20K-cr from Adani group firm
Ambuja Cements Ltd on Saturday said it has received shareholders' approval for all proposals in its EGM
 "Ambuja gets shareholders' nod for raising Rs 20K-cr from Adani group firm")
Top headlines: HCLTech in Mexico, CNG price rise, oil purchase and more
From HCLTech announcing plans to hire more people over next 2 years to India's reiterating its choice of importing oil, here are the top headlines this evening
 "Top headlines: HCLTech in Mexico, CNG price rise, oil purchase and more")
Retail job searches decline 11.8%, after an uptick of 27.70% says report
There has been a decline of 11.80 per cent in Indians searching for retail jobs from August 2021 to August this year, according to a report
 "Retail job searches decline 11.8%, after an uptick of 27.70% says report")
HCL Tech to hire 1,300 people in Mexico over next 2 yrs, to open 6th centre
IT company HCL Technologies plans to hire 1,300 people in Mexico over the next two years, according to a statement
 "HCL Tech to hire 1,300 people in Mexico over next 2 yrs, to open 6th centre")
HCLTech to boost presence in Mexico; to hire 1300 employees over next 2 yrs
The new centre in Guadalaraja will enable the company to serve its local and international client base across industries
Yogi Adityanath invites Tata group to participate in investor summit
Uttar Pradesh CM Yogi Adityanath invited Tata group to participate in the Global Investors Summit slated for February next year while highlighting the environment created by the state
 "Yogi Adityanath invites Tata group to participate in investor summit")