Page 1939 - Company News

With Europe slowing, TCS says North America to drive its growth in FY23

The IT major indicated that clients in Europe are more cautious on tech spends given the possibility of deeper recession and ongoing conflict in Eastern Europe, leading to delays in decision making

Is Tata copying Adani, Reliance with its green turn?

A host of Tata companies have come together to create an EV ecosystem. Tata Power has committed a $9.5 bn investment for its renewable energy business. Let us find out more

CEOs expect better job creation despite monetary tightening in H1FY23

A majority of CEOs in the poll anticipate improved job creation prospects in their companies in the first half of FY23, even as expectations of monetary tightening are pervasive

SpiceXpress to be hived off from SpiceJet by Aug first week: Ajay Singh

Banks and shareholders have given their approval to hive off cargo and logistics company SpiceXpress from SpiceJet airline, the carrier's CMD Ajay Singh said

IHCL's Ginger brand continues expansion, on track to scale up to 125 hotels

IHCL has traditional hotel brands like Taj, Vivanta, SeleQtions, and new-age ones like Ginger and Ama

Price hikes likely to drive FMCG firms' revenue in April-June quarter

Commentary to watch out for from consumer companies includes rural demand, overall demand impact due to high commodity costs, and volume growth

Results preview: Pharma margins likely to remain under pressure in Q1

Hospitals back to normalcy; tough road ahead for diagnostics

Alibaba, Tencent fined in China for not complying with anti-monopoly rules

Chinese market regulator has imposed a fine on the two tech companies as a part of its crackdown on monopolistic practices. It has also released a list of deals that violated the rules

JSW in talks with PEs, foreign banks for Mytrah Energy acquisition

JSW group's JSW Energy has targeted to add 15GW renewables to its portfolio with an investment of $10 billion by 2030

Telcos bristle at prospect of Adani poaching their 5G enterprise business

Telecom experts say that that Adani move is an attractive proposition, and according to their estimates, they will have to fork out a nominal Rs 2800 cr for 20 years for pan-India millimetre band

IndiGo's aircraft technicians go on sick leave to seek salary revision

Across the sector, technician salaries are low and Covid-19 pandemic worsened the problem as some airlines resorted to pay cuts

Former VSNL chief, 'father of internet in India', B K Syngal dies

Syngal, referred to as father of internet in India, joined Reliance following a controversial exit from VSNL

Can Ola Electric ride over the multiple challenges and emerge stronger?

Registrations are down, and ranking too. But the player insists it is ready for the many challenges staring it in the face

Bharat Biotech's Zika vaccine to enter Phase 2 clinical trials soon

In 2016, Big Pharma companies like Pfizer, Johnson & Johnson, and Merck were evaluating developing a Zika vaccine

India's top listed companies may log strong double-digit growth in Q1

Business Standard analysis is based on the numbers of 47 Nifty companies, excluding Bajaj Finserv, HDFC Life, and SBI Life

UAE-based billionaire Yussuf Ali's Lulu Group enters UP with supermarket

Known for its sprawling business interests worldwide, billionaire Yussuf Ali-led Lulu Group is now entering northern India with one of the largest supermarkets in Uttar Pradesh

UAE's Lulu Group expands in country of its founder Yusuff Ali

Abu Dhabibased supermarket chain Lulu Group opened a mall in Lucknow on Sunday as it expands in the country of its founder Yusuff Ali.

IndiGo's technicians go on sick leave in Hyderabad, Delhi over low wages

IndiGo had cut salaries of a large section of its employees when the COVID-19 pandemic was at its peak

M&M open to investing in EV battery cell maker to secure supplies: CEO

Mahindra on Thursday raised $250 mn from British International Investment for its new electric vehicle unit at a $9.1-bn valuation

It's Ambani vs Adani at 5G auction, but no direct market clash yet

For years they tiptoed around each other but now the groups led by Mukesh Ambani and Gautam Adani will for the first time be in direct competition in the 5G auction this month