Page 2124 - Company News

Eveready names Suvamoy Saha as MD for three years, Burmans hail decision

Move follows Amritanshu Khaitan's resignation; Saha has been around for long. Prior to being made Jt MD in August, he was a whole-time director of the firm

Zydus unit to acquire brand from US-based BridgeBio Pharma

The agreement further adds to company's portfolio of medicines for rare and orphan diseases

Centre likely to relax some norms for asset sale of BSNL, MTNL

Government-appointed consultants were asked to determine changes that are needed to be made

NMDC hikes prices of iron ore lumps and fines by Rs 400 a tonne

The country's largest iron ore miner NMDC on Tuesday hiked the prices of lump ore and fines by Rs 400 a tonne each with immediate effect.

Flipkart enters strategic alliance with Google Cloud to improve innovation

Flipkart will make its data platform more efficient by deploying Google Cloud's advanced data analytics and machine learning technologies

Tata-Mistry spat: SC to hear Mistry review petitions on Wednesday

The Mistry family has challenged apex court's March 2021 decision which agreed with Tata Sons board to remove Cyrus Mistry as chairman

Will maximise European facilities to meet market needs: Koushik Chatterjee

"Demand and supply dynamics and input cost are the key influencing factors on steel prices," said Chatterjee.

Eruditus raises $350 mn in debt from CPPIB to finance M&A activities

The pipeline of potential acquisitions is expected to contribute up to 30 per cent of its online arm's top line and EBITDA in the next five years, the company said

Dish TV shareholders vote against annual accounts, director appointment

77.63% of votes cast against adoption of annual audited financial statements

HDFC Bank aims to recoup credit card spend market share loss

Since August 2021, HDFC Bank's market share - in terms of spend - is down 170-basis points (bps).

HDFC raises Rs 10,000 crore through debentures at 7.18%

Given the high standing of the company, the pricing was fine at 7.18 per cent, said bond dealers, adding that initial indication was 7.25-7.30 per cent on the yield.

Vikram Limaye opts out of 2nd term as NSE CEO & MD, says 'not interested'

Despite the upheaval, the NSE managed to clock a strong financial performance and cement its leadership position under Limaye's leadership

Shipping Corp says war in Ukraine needs to abate for stake sale to move

Deadline for financial bids for privatising the firm was extended from January 18 as bidders sought a more detailed due diligence.

Marico better placed than peers on costs amid commodity surge

Lower copra costs and price cuts to aid volumes and margins

Citi's Asia Pacific arm to hire 350 people in 3 years to accelerate growth

The Asia Pacific hiring represents the largest investment in headcount across CCB globally, the foreign lender said

India Ratings revises auto sector outlook to 'neutral' for FY23

Domestic automobile sales volume is expected to grow 5-9 per cent year-on-year in 2022-23, after three consecutive years of decline, and is likely to fall 5-8 per cent in 2021-22: India Ratings

DoT starts accepting applications for registration of M2M companies

The DoT has mandated all machine-to-machine (M2M) players to register for providing service.

Hero MotoCorp provides 108 motorbikes to police dept in HP's Hamirpur

Hero MotoCorp on Tuesday provided 108 motorbikes to the Himachal Pradesh police here under its corporate social responsibility (CSR) programme.

American lender Citi to hire 80 commercial bankers in India in 3 years

The move is part of a plan to hire 350 bankers in Citi Commercial Bank Asia Pacific over the next three years, as per a statement

Atal Innovation Mission partners Snap for AR skilling among Indian youth

Niti Aayog's Atal Innovation Mission on Tuesday said it has joined hands with camera firm Snap Inc, which owns social media platform Snapchat, to drive AR skilling among the Indian youth.