Page 1927 - Company News

Porsche India sales up two folds at 378 units in first half of 2022

Luxury carmaker Porsche India on Monday reported an over two-fold jump in sales at 378 units in the first half of 2022

TCS is UK's no.1 software and IT services company once again: Report

Tata Consultancy Services (TCS) said on Monday it has been ranked number one by revenue among the top 30 suppliers of software and IT services (SITS) to the UK market by industry analyst firm

Jindal Stainless to supply 3,500 tonnes steel for USBRL tunnel project

Jindal Stainless will supply 3,500 tonnes stainless steel for the Indian Railway's Udhampur-Srinagar-Baramulla Railway Link (USBRL) tunnel project coming up in Jammu and Kashmir

HUL, ITC, and USL now have 432 officials earning more than Rs 1 cr a year

In the last fiscal, FY22, the number of such executives rose by 33 per cent, 44 per cent and 113 per cent in HUL, ITC and USL, respectively

JSW Steel ropes in BCG to work on decarbonisation goals for 2029-30

JSW Steel on Monday said it has partnered with US-based Boston Consulting Group (BCG) to meet its decarbonization goals

H&M to exit Russia at the cost of $190 million after purging inventory

H&M AB decided to start winding down its operations in Russia, having halted all sales in the country in March after Russia's attack on Ukraine

Leasing of industrial & warehousing space up 7% in Jan-Jun across 5 cities

Leasing of industrial and warehousing spaces across five cities rose 7 per cent to 10.8 million square feet in January-June period on better demand, according to Colliers India

Frequent mid-air 'technical glitches' add to Spicejet's financial woes

Once an investor darling, SpiceJet is now the worst-performing airline stock in Asia, fighting a run of negative publicity triggered by a slew of seemingly innocuous but frequent technical glitches

The curious case of copycat brand names in India

Leading brands have upped the ante when it comes to protecting their trademarks. What's driving the problem of copycat brand names in India? How does India fare in protecting trademark rights?

India's start-up story is intact, innovation vibrant: HCL Tech CEO

Vijayakumar asserted that the company is "on a good upcycle", and will use multiple levers to mitigate the challenges around margins

Biz continuity plan in place for Sri Lanka operations, says HCL Tech CEO

HCL Technologies on Wednesday said it has a business continuity plan for operations in Sri Lanka, with adequate flexibility for workloads to be taken over by teams in India and other geographies.

RCap lenders hive off home finance, NBFC into separate trust for resolution

The proceeds of the sale of these two companies in future will flow directly to the lenders of the Reliance Capital which is currently undergoing a bankruptcy process

Vedanta seeks shareholder nod for related-party deals worth Rs 8,661 cr

Three resolutions have been listed on the agenda of the company's annual general meeting (AGM), to be held on August 10, involving subsidiaries

5G spectrum auction may turn out to be a short affair, say telcos

In the run-up to the much-awaited 5G spectrum auction, the first part of a series looks back to find a pattern

Tata Steel to invest Rs 12,000 cr in FY23 on India, Europe operations: CEO

Tata Steel has planned capital expenditure (capex) of Rs 12,000 crore on its India and Europe operations during the current financial year, the company's CEO T V Narendran said

Robust oil earnings likely to drive RIL's Q1 results, say analysts

Retail to benefit from low base; tariff hikes to power telecom growth

Top 20 dividend-paying firms raise shareholder rewards in FY22: Experts

Vedanta, for instance, is majority-owned by Vedanta Resources, led by billionaire Anil Agarwal

Sequoia, Tiger Global lead startup funding in Apr-Jun in India: Report

Venture capital firms Sequoia Capital and Tiger Global led funding in Indian startups during April-June, with the fintech sector attracting most of the USD 6 bn (about Rs 47,870 crore) investments

L&T aims to grow IT & Tech services revenue to high teens by 2026

The group will also be entering new-age businesses that it has incubated, such as L&T EduTech and L&T SuFin, a B2B e-commerce platform for industrial and construction products

Ola CEO Bhavish Aggarwal dwells on plans to build electric sports car

Ola Electric aims to become a vertically integrated e-mobility player across two-wheelers and passenger cars; sees a $1 trillion opportunity at a volume of 155 million units