Page 2056 - Company News

Zepto starts 10-min pilot for snack delivery in Mumbai, won't send food

CEO Aadit Palicha says delivery partners won't be at risk and will travel short distances.

Mumbai Airport asks Air India to vacate land, including four staff colonies

The colonies house 1,600 families; notice served on March 11, barely a month after airline's handover to Tata Sons

Denim companies embrace blended jeans as cotton prices scorch

Raw cotton prices have more than doubled from Rs 35,000 per candy of 356 kg in mid-2020 to over Rs 75,000 now

Grasim tops Hurun sustainability league table on achieving 17 goals in 2021

Tech Mahindra was ranked second with a sustainability score of 46, followed by Tata Power and Wipro

The talent crunch: Why fresh graduates are fleeing the hospitality sector

As occupancy peaks, hospitality firms find themselves competing with retail, e-commerce, real estate and IT for employees

Telegram launches host of new features to enhance user experience, privacy

These include custom notification sounds, custom mute duration, new auto-delete menu , web integration for BOTs, replies in forwarded messages, among other things

ICICI Prudential Life Insurance eyes 22% growth in VNB this fiscal

It had nearly trebled the net income in the March quarter on the back of robust margin growth from new sales

Summit Digitel to offer tower sharing infrastructure services to Airtel

While providing pan-India coverage for 4G, the towers are strategically located for the implementation of 5G, the release added

Asahi Songwon Colors enters API biz via Atlas Life Sciences acquisition

The blue pigment maker buys 78% stake in the firm for Rs 48 cr to take control of Ahmedabad works

TCS CEO vows to navigate IT giant through global tumult, attrition

TCS, the largest player in India's $227 billion tech services industry, must deal with a host of challenges, from Covid outbreaks in China that are disrupting supply chains to the war in Ukraine

Sanofi India names Rodolfo Hrosz managing director effective June 1

He will transition from being Sanofi's GM, Consumer Healthcare business in Brazil to the new role in India as soon as regulatory approvals are in place

CCI approves deal to acquire minority stake in BDR Pharmaceuticals

BDR Pharmaceuticals is mainly into four therapeutic segments -- oncology, critical care, gynaecology, and neurology

Wipro appoints Satya Easwaran as India head

Easwaran will be in charge of strengthening Wipro's business in India across key industry sectors through strategic consulting, transformation and modernisation engagements

Top headlines: WPI inflation rises to 14.55% in Mar; Amway's assets frozen

Business Standard brings you the top headlines on Monday

Microsoft bets on e-commerce firm Udaan with play in convertible note round

Top tech firm joins host of other global investors in the Bengaluru-based B2B platform; move could set the stage for Udaan to go public in 18 months and boost its valuation then

Electric short-circuit caused dealership fire in TN: Okinawa Autotech

Okinawa recalled 3,215 units of its 'Praise Pro' scooters on April 16

BMW launches X4 Silver Shadow Edition; price starts at Rs 71.9 lakh

Locally produced at BMW Group plant in Chennai, the new exclusive edition comes in both petrol and diesel engine options

Indiabulls Real Estate to use Rs 865 cr QIP proceeds to buy land, pay debt

The Mumbai-based firm on March 7 had launched its QIP (Qualified Institutional Placement) issue and closed it on April 12

PE inflow in realty sector declines 47% to $1 billion in Jan-Mar 2022

The PE (Private Equity) inflows stood at $1.9 billion in the same quarter last year

Indian renewable sector highly leveraged due to global opportunities: S&P

"Weaker operating performance, delayed receivables collections and high capital expenditure will weigh on credit profiles for Indian renewables," said S&P Global Ratings analyst Abhishek Dangra