Page 2116 - Company News
FMCG major Britannia Industries aims 50% women in workforce by 2024
FMCG major Britannia Industries said on Wednesday it aims to achieve a diversity ratio of 50 per cent by 2024 by increasing the participation of women in its workforce.
 "FMCG major Britannia Industries aims 50% women in workforce by 2024")
Accenture Q2 results beat estimates, warns of impact from Ukraine conflict
Accenture's results continue to show that the momentum for digital transformation and shift to cloud services is growing strong.
 "Accenture Q2 results beat estimates, warns of impact from Ukraine conflict")
Reliance, Ola Electric, others to get incentives in battery scheme: Report
Reliance Industries and Softbank Group-backed Ola Electric have won bids to receive incentives under India's $2.4 billion battery programme, four sources told Reuters
 "Reliance, Ola Electric, others to get incentives in battery scheme: Report")
Brookfield takes minority stake in JFPL packaging films biz for Rs 2,000 cr
The brookfield buying minority stake in JFPL will result in JPFL carving out its packaging films business, which generates approximately 85% of its total revenue, into a wholly owned subsidiary
 "Brookfield takes minority stake in JFPL packaging films biz for Rs 2,000 cr")
No Russia impact on crude availability, says CPCL MD Arvind Kumar
"As the economy is on the path of demand recovery post Covid, fuel consumption has also been picking up," said Kumar.
 "No Russia impact on crude availability, says CPCL MD Arvind Kumar")
TCS re-appoints Rajesh Gopinathan as MD and CEO for five years
Under Gopinathan's leadership, TCS says it strengthened its position with the revenues increasing from $17.6 bn in financial year ended Mar 31, 2017 to $22.2 bn in financial year ended Mar 31, 2021
 "TCS re-appoints Rajesh Gopinathan as MD and CEO for five years")
Dredging Corporation signs major ship building pact with Cochin Shipyard
The shipyard signed a building agreement with Dredging Corporation of India to build India's first 12,000 cubic meter dredger
 "Dredging Corporation signs major ship building pact with Cochin Shipyard")
FabIndia preps for IPO, seeks ESG investors without ticking 'green boxes'
Company is in talks with ESG funds and will make decisions on its investor lineup after stock market regulator clears its first-time share sale.
 "FabIndia preps for IPO, seeks ESG investors without ticking 'green boxes'")
M&As add to the growth engine for Persistent Systems' stock: Brokerages
The stock remains one of the top picks among brokerages in the mid-cap IT space
 "M&As add to the growth engine for Persistent Systems' stock: Brokerages")
Multiple headwinds override valuation comfort in Maruti Suzuki
While earnings estimates are cut, analysts hint at volume and margin recovery
 "Multiple headwinds override valuation comfort in Maruti Suzuki")
Amazon closes $8.5-bn MGM deal after regulators decline to oppose It
Amazon shares were little changed at $3,062.67 at 9:35 a.m. in New York.
 "Amazon closes $8.5-bn MGM deal after regulators decline to oppose It")
TCS bags multi-year contract from Australia's Western Power
Under the multi-year partnership, TCS has been selected as the primary systems integrator across multiple domains including asset management and network operations
 "TCS bags multi-year contract from Australia's Western Power")
HDFC Capital to buy 7.2% stake in realty start-up Loyalie IT Solutions
Loyalie had in January raised Rs 5 crore from investors, including Inflection Point Ventures, to expand and grow its business
 "HDFC Capital to buy 7.2% stake in realty start-up Loyalie IT Solutions")
Dredging Corp signs major ship building pact with Cochin Shipyard
The agreement is for constructing the first beagle series 12 trailing suction hopper dredger, an official statement said
Working with authorities to get air operator certificate re-validated: Jet
According to a company statement, the restart activities are 'progressing well'
 "Working with authorities to get air operator certificate re-validated: Jet")
Bharat Petroleum launches voice-based LPG booking, payment facility
BPCL is the first company in India to offer its service to consumers after the RBI Governor announced the launch of UPI 123PAY last week
 "Bharat Petroleum launches voice-based LPG booking, payment facility")
Top headlines: Oil PSUs buy cheaper Russian crude; JPM cuts Indian shares
Business Standard brings you the top headlines on Thursday
 "Top headlines: Oil PSUs buy cheaper Russian crude; JPM cuts Indian shares")
Piramal Capital ties up with IMGC to offer home loans of Rs 5 lakh-75 lakh
Under this arrangement, India Mortgage Guarantee Corporation (IMGC) will provide guarantee on a part of the loan so that it is secured in case of a default
 "Piramal Capital ties up with IMGC to offer home loans of Rs 5 lakh-75 lakh")
After IOC, HPCL buys 2 mn bbl Russian crude, MRPL seeks 1 mn bbl
Western sanctions on Russia over its invasion of Ukraine has prompted many companies and countries to shun its oil. This has led to Russian crude being available in the market at deep discounts
 "After IOC, HPCL buys 2 mn bbl Russian crude, MRPL seeks 1 mn bbl")
Brookfield pumps in Rs 2k cr into Jindal Poly Films' packaging films unit
The proposed investment, which values the hived off entity at Rs 8,000 crore, will be carried out through Brookfield's Special Investments programme and with its institutional partners
 "Brookfield pumps in Rs 2k cr into Jindal Poly Films' packaging films unit")