Page 2001 - Company News

Export levy will slow down India's $5 trn economy journey: ISA President

Dilip Oomen says the levy comes at a time when the world views India as a stable policy country, a manufacturing and export hub that is closely integrating with global value chains

Likely reduction in steel prices to offer relief to auto, consumer durables

The impact will be seen with a lag and will help only partially

JSW Energy to seek shareholders' nod to raise up to Rs 5,000 crore

Shares of JSW Energy were marginally down at Rs 309.35 apiece in early trade on BSE

GIC Singapore to invest Rs 2,195 cr in Aditya Birla Fashion and Retail

Post investment, GIC Singapore will own approximately 7.5% equity stake in Aditya Birla Fashion and Retail

Grasim doubles investment outlay for paints biz to Rs 10,000 cr

Company to launch products by March 2024, take on Asian Paints and new entrants such as JSW

CEOs shift focus to sustainability and digital transformation: EY survey

The CEOs also recognise that data and innovation are critical for unlocking new paths to growth

Coal India to open big, new mine this year to meet surging power demand

Output from the new Siarmal mine in eastern Odisha state would rise gradually, reaching capacity of 50 million tonnes in about 5 to 7 years, Vinayak Jamwal, Mahanadi Coalfields spokesman said

LIC to declare Q4 financial results and consider dividend next week

The meeting will also consider payment of dividend, if any, LIC said

Tata Steel says govt's export tax decision could alter output targets

T. V. Narendran, chief executive of India's biggest steelmaker by revenue, said that while Tata Steel understood the inflationary concerns, such measures can hit the steel industry over longer term

LG unveils new OLED TV lineup, including rollable TV, for India market

With the aim to expand its TV lineup in the country, LG Electronics on Tuesday announced the availability of its highly anticipated 2022 OLED TVs in India at a starting price of Rs 89,990.

SC stays NGT order imposing penalty of Rs 15 cr on Coca-Cola bottling unit

The tribunal order followed a complaint by a resident of Ghaziabad against the bottling units saying that they had not obtained NOC from the Central Ground Water Authority

Bayer CropScience Q4 net profit surges over two-fold; revenue rises 31%

In the fourth quarter of 2021-22, the company's revenue from operations witnessed a growth of 31.29 per cent to Rs 963.3 crore compared to Rs 733.7 crore in corresponding quarter of the previous year

Zee re-enters sports broadcasting, picks up media rights for UAE T20 League

Zee has signed a long-term global media broadcasting rights for UAE T20 league. Deal estimated at Rs 800-900 crore for ten years, say industry sources.

Triumph launches all-new Tiger 1200 adventure motorcycle in four variants

The all-new Tiger 1200 family includes both the Pro variants -- GT Pro and Rally Pro) and the long-range variants -- GT Explorer and Rally Explorer, the company said

WeWork India opens 2 coworking centres in Pune, Bengaluru with 2,000 desks

The workspace at WTC Pune spans over 55,000 square feet while Embassy Sunriver in Bengaluru is spread over 61,000 square feet, WeWork India said in a statement

Earnings announcements of Future Retail, Future Lifestyle to be delayed

In the last two months, Future Retail Ltd, the flagship firm of Kishore Biyani-led Future Group, witnessed several top-level exits after the Rs 24,713-crore deal with Reliance Retail was called off

Indian Hotels re-appoints Puneet Chhatwal as MD & CEO for 5 yrs from Nov 6

Tata group hospitality firm Indian Hotels Company Ltd (IHCL) on Tuesday said its board has approved the re-appointment of Puneet Chhatwal as Managing Director and CEO for another term of five years.

Uber hires Namit Jain as India senior director; to lead core platform head

Ride-hailing company Uber on Tuesday announced that it has hired Namit Jain, as a new Senior Director, Engineering, to lead its data, core infrastructure and platform teams in India.

Alembic Pharma gets USFDA approval to market Pirfenidone tablets

Alembic Pharmaceuticals said it has received approval from the US health regulator to market Pirfenidone tablets used to treat lung disease in the American market.

Bangalore most competitive city for senior HR, cyber security professionals

The study looks to understand which cities are best placed to compete for the remote jobs of today and tomorrow and benefit from the increase in taxable income that will be generated