Page 2064 - Company News

Godrej Ind to expand interest in financial services via Godrej Capital

Godrej Capital is looking at building a balance sheet of Rs 30,000 cr in the next 4 years

Bombay HC puts on hold CCI probe of top debt trustees

CCI puts on hold an antitrust investigation into trustee units of State Bank of India, Axis Bank and IDBI Bank for suspected collusion on fees; HC asks SEBI to complete inquiry in 60 days

KKR signs deal to buy 10% stake in Shriram Gen Insurance for Rs 1,800 cr

KKR's investment builds on strong tailwinds in the Indian general insurance space and SGI's continued expansion into new segments and investment in its digital capabilities

TCS revenue crosses Rs 50,000 crore; sees record order book in Q4

The company's operating margins came in at 25.3 per cent for FY22 and 25 per cent for Q4

Elon Musk drops plans to join Twitter board, deletes weekend tweets

Sources told Reuters that Musk had asked Twitter for a board seat even before the company's invitation

21 of the 34 states and UTs record rise in discom dues in last two years

Independent power producers and renewable energy providers account for three-fourths of owed amount

Mukesh Ambani's net-zero plan: Inside RIL's unique energy transition story

The company has already spent $1.5 bn in acquisitions to lay grounds for its new energy forays that include solar, battery and hydrogen

India's defence equipment sector offers significant new opportunities

Though there are some unknowns, Street action suggests big upside

Wearable maker Garmin logs double-digit revenue growth in India in 2021

Leading wearable brand Garmin India said it has registered double-digit revenue growth, backed by its popular range in the fitness and wellness segment especially the 'VENU' smartwatch, in 2021.

TCS attrition continues to inch up; firm to hire 40,000 in Q1FY23

Attrition rate was 17.4% in Q4FY22; lower than peers, higher than firm's own rate a year ago

India Inc's overseas direct investment rises 8.5% to $3.34 bn in Mar

In the preceding month (February 2022), the outward foreign direct investment was USD 940.62 million

UltraTech Cement emerges preferred bidder for limestone block in Karnataka

The block is situated in Tehsil Chittapur of Kalburgi district in Karnataka

Tata AIA Life Insurance ties up with Common Service Centres

With this tie up, the company said it can engage into the network of over 4 lakh Village Level Entrepreneurs (VLEs) at the last mile for distribution of life insurance plan

Office leasing up 97% YoY in Jan-March, Omicron impact muted: CBRE

While several IT firms have shifted to a permanent 'work from anywhere' model for their staff, leasing activity was driven by tech companies, with a 34% share

Top headlines: TCS Q4 net profit rises 7%; Shehbaz Sharif new Pak PM

Shehbaz Sharif, the Pakistan Muslim League-Nawaz (PML-N) president, was elected unopposed as the new Prime Minister of Pakistan by Parliament on Monday

Veranda Learning shares debut on mixed note; settle with 17% premium on BSE

The initial public offering of Veranda Learning Solutions Limited was subscribed 3.53 times late last month

DBT-backed Epygen to start trials on Covid vaccine below Rs 150 a shot

Indian biopharma company to initiate Phase-I and Phase-II trials, plans fundraise of Rs 200 crore of funding for third phase of trials

Magenta to deploy over 1,000 cargo EVs in Bengaluru within next few months

The overall plan is to deploy and operate 2,400 EVs in its fleets at Bengaluru, Hyderabad, Mumbai & Chennai this calendar year

Tata Motors plans to ramp up EV production as demand spikes

The Mumbai-based automaker has been receiving an average of 5,500-6,000 bookings in the past two months for its EV range

Google-backed Glance launches live content platform for smart TVs

Glance TV aims to be present on approximately 30 per cent of all smart TVs in India soon