Page 2031 - Company News

Second innovation hub in US to strengthen TCS lead position in market

Firm hires over 7,000 in the US in FY22; numbers may go up in FY23

Britannia Industries to cut pack sizes as inflation bites

The management said it would hike prices by 10 per cent if the current levels of raw material prices sustain

FMCG companies' stand against paper straws fizzles out

The association told the Environment Ministry that companies need 18 months from the ministry's deadline of July 1 to make the transition

Aviation min grants rights to GMR to operate Hyderabad airport for 30 yrs

Till date, the GMR Group had the rights to operate the Hyderabad airport till March 22, 2038

Mumbai International Airport raises $750 million debt from Apollo Global

The capital raise comes in the backdrop of recovery in domestic air traffic and resum­ption of scheduled internatio­nal services from March-end

Lupa-Viacom18 deal: Murdoch's re-entry may see a bigger foray into sports

Last week, Bodhi Tree Systems, an arm of James Murdoch's Lupa Systems, announced that it will be picking up a 40 per cent stake in Viacom18 for Rs 13,500 crore

Google India appoints ex-Niti Ayog joint secretary as head of public policy

Gulati was looking after digital communications policy matters at the government think tank and took voluntary retirement in April last year

Upskilling, reskilling of workforce topmost priority for India HR: Study

Mercer's 2022 Global Talent Trends study highlights that difficulty in hiring the right talent, at the right price, and in time remains a top concern in 2022

HC quashes FIR of cheating filed against Indiabulls Housing Finance Limited

The Bombay High Court on Wednesday quashed a case of cheating and criminal breach of trust registered against Indiabulls Housing Finance Limited (IHFL).

LIC IPO Day 1: Issue subscribed 66%; policyholders' portion oversubscribed

LIC's public offer, the country's biggest-ever IPO, saw the policyholders' portion being oversubscribed on the first day itself on Wednesday, though overall subscription stood at just 66%

Upstox doubles user base in six months to 10 mn on strong millennial push

Founded in 2009, Upstox had around one million customers in June 2020 and has grown 10x in less than two years, the company s

GenWorks Health secures Rs 135 cr from Morgan Stanley, Wipro GE and others

Funding will be leveraged to cover working capital needs, relevant M&A to invest in manufacturing tie-ups, and expansion in-vitro diagnostics

Holcim's sale of Ambuja Cement, ACC to be biggest exit of an MNC from India

Ambuja Cement ended Friday with a market capitalisation of Rs 73,836 crore while ACC closed the day with Rs 43,819 crore.

Troubled to see people acting against company interests: Zilingo co-founder

Co-founder and former CEO Anktiti Bose had earlier alleged that she was suspended to suppress her harassment complaint

Tata Technologies offers to set up EV production unit in Punjab

A delegation of the Tata technologies called on Chief Minister Bhagwant Mann at his official residence.

5G voice users to reach 2.5 bn globally by 2026: Juniper Research report

The report identified interactive calling as a key opportunity for operators who have launched 5G to provide more valuable voice services and compete with OTT voice apps

Honda launches hybrid electric vehicle City e:HEV tagged at Rs 19.49 lakh

The City e:HEV is the first car in the mainstream segment equipped with strong hybrid electric technology, the automaker said in a statement

Indians on Amazon Global Selling to enable $20 bn in exports by 2025

Amazon has doubled the exports pledge and the Indian exporters are on track to surpass $5 billion in cumulative exports on the e-commerce platform.

Aurobindo Pharma gets USFDA nod to market generic cancer drug Bortezomib

The product, which is indicated for the treatment of multiple myeloma (cancer of plasma cells) and mantle cell lymphoma (cancer of lymph nodes), is being launched immediately

Amazon doubles cumulative export target from India to USD 20 bn by 2025

In January 2020, the company had set a target to facilitate export worth USD 10 billion by 2025