Page 2073 - Company News
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
 "Summit Digitel to offer tower sharing infrastructure services to Airtel")
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
 "Asahi Songwon Colors enters API biz via Atlas Life Sciences acquisition")
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
 "TCS CEO vows to navigate IT giant through global tumult, attrition")
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
 "Sanofi India names Rodolfo Hrosz managing director effective June 1")
CCI approves deal to acquire minority stake in BDR Pharmaceuticals
BDR Pharmaceuticals is mainly into four therapeutic segments -- oncology, critical care, gynaecology, and neurology
 "CCI approves deal to acquire minority stake in BDR Pharmaceuticals")
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
 "Wipro appoints Satya Easwaran as India head")
Top headlines: WPI inflation rises to 14.55% in Mar; Amway's assets frozen
Business Standard brings you the top headlines on Monday
 "Top headlines: WPI inflation rises to 14.55% in Mar; Amway's assets frozen")
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
 "Microsoft bets on e-commerce firm Udaan with play in convertible note round")
Electric short-circuit caused dealership fire in TN: Okinawa Autotech
Okinawa recalled 3,215 units of its 'Praise Pro' scooters on April 16
 "Electric short-circuit caused dealership fire in TN: Okinawa Autotech")
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
 "BMW launches X4 Silver Shadow Edition; price starts at Rs 71.9 lakh")
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
 "Indiabulls Real Estate to use Rs 865 cr QIP proceeds to buy land, pay debt")
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
 "PE inflow in realty sector declines 47% to $1 billion in Jan-Mar 2022")
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
 "Indian renewable sector highly leveraged due to global opportunities: S&P")
Ashok Leyland to enter used commercial vehicles business
The phygital platform, as part of the partnership, will facilitate exchange and proper disposal and purchase of old commercial vehicles
 "Ashok Leyland to enter used commercial vehicles business")
Metropolis Healthcare to set up 1,800 collection centres in three years
The company is planning to add around 40 more Hitech centres during the current financial year
 "Metropolis Healthcare to set up 1,800 collection centres in three years")
Twitter purchase can add to Elon Musk's India troubles
The Tesla CEO has offered $43.4 bn to purchase Twitter. But what if Elon Musk manages to acquire the microblogging platform? How will it shape his ties with India? And also that of Twitter?
 "Twitter purchase can add to Elon Musk's India troubles")
Which IT skills are likely to land you lucrative job offers?
People with skills in AI, cloud etc have been quitting jobs since 2021, giving employers a tough time. Take a look at the skills that are in demand amid the competition between IT firms and start-ups
 "Which IT skills are likely to land you lucrative job offers?")
Coal India to launch its own e-auction platform, asks bidders to register
E-auction sales account for around 120 million tonnes annually for Coal India, while the rest is sold through fuel supply agreements and other special sales windows
 "Coal India to launch its own e-auction platform, asks bidders to register")
Operating profit margins of TCS, Infosys decline to two-decade low
TCS & Infosys report average Ebidta margin of 27.6%, down from 30.1% last year
 "Operating profit margins of TCS, Infosys decline to two-decade low")
Not big players, but small brands catering to the needs of India: CAIT
CAIT said it is a myth that about 3,000 big brands of corporate houses are catering to the needs of the people of the country
 "Not big players, but small brands catering to the needs of India: CAIT")