Page 2126 - Company News

TCS' Rs 18,000-cr share buyback to open on March 9: What you need to know

Tata Consultancy Services (TCS) on Monday said its Rs 18,000 crore share buyback offer will open on March 9 and close on March 23.

TCS plans overhaul with aim to double revenue to $50 bn before 2030

The Mumbai-based company will create four internal teams in order to double its revenues, according to people familiar

Fairfax Financial Holdings weighs selling stake in IIFL Wealth Management

IIFL Wealth shares fell 1.2% on Monday, giving the company a market value of around $1.7 billion.

Sebi gives Dish TV 24 hrs to reveal AGM results, directors get show-cause

Dish TV India, in which promoter entities have only 6% stake, did not disclose the AGM results citing a pending case in Bombay HC

MG Motor super charges electric vehicle biz, weighs funding options

MG outlined an investment of Rs2000 crore for FY22 and FY23 and is currently weighing various options to raise more funds as it seeks to charge up the EV business.

Final KPMG forensic audit report on SREI had gaps: Hemant Kanoria in NCLT

In an application moved on Jan 19, he sought setting aside appointment of KPMG by Axis Bank and UCO Bank (lead banks in consortium of lenders) as auditor for SREI

Microsoft announces setting up of its fourth data centre in India

Situated in Hyderabad, this will be the Microsoft's largest data centre in the country

ACME and Norway-based Scatec to develop green ammonia in Oman

The facility will be located in the Duqm Special Economic Zone of Oman.

Lupin signs Mary Kom as brand ambassador for its Shakti campaign

Homegrown pharma major Lupin Ltd on Monday said it has signed six-time world boxing champion and Olympics bronze medallist Mary Kom as brand ambassador for its Shakti campaign

Amazon India starts campaign to honour women Amazonians who lead by example

The campaign 'SheIsAmazon' puts spotlight on women employees, associates and partners who have fought societal, cultural, disability, and economic barriers to achieve their dreams

CAMS acquires majority stake in fintech Fintuple focused on AIF, PMS

CAMS, which acts as a registrar and transfer agent for mutual funds, on Monday said it has acquired majority stake in Fintuple Technologies, a fintech platform for AIFs and portfolio managers

ACME Group partners with Scatec to develop ammonia facility in Oman

Industry analysts forecast global annual demand for green ammonia to reach up to 200 million tonne by 2050

Tata Motors bags order for 65 electric vehicles from KSEB

Homegrown auto major Tata Motors on Monday said it has bagged a contract for 65 electric vehicles (EVs) from Kerala State Electricity Board (KSEB).

Sebi asks Dish TV to disclose December AGM results within 24 hours

Capital markets regulator Sebi on Monday directed Dish TV India Ltd to immediately disclose the results of its annual general meeting (AGM) held on December 30, 2021 to the exchanges

EDMS firm InYantra forges alliance with Volex in $13 mn deal

inYantra specialises in assembling printed circuit boards (PCBs) and box builds; has been growing at a CAGR of 38% the last five years

Shriram Housing loan-book grows 45% to cross Rs 5,000-cr so far this fiscal

Affordable housing player Shriram Housing Finance has said its AUM or live loan grew 45 per cent so far this fiscal to cross the Rs 5,000-crore-mark

All Amrapali housing projects are safe, NBCC tells Supreme Court

NBCC informed the Supreme Court that there is no problem with the structural safety of Amrapali projects and it has appointed VNIT Nagpur and NIT Jalandhar to carry out the structural audit.

Coal India will not have luxury to retain loss-making mines: Official

Mining behemoth Coal India will not have luxury to retain its loss-making mines with its aim to remain competitive in the wake of privatisation of coal blocks, a senior government official said

Bharti Airtel ties up with Axis Bank to launch credit card

Bharti Airtel and Axis Bank on Monday announced the launch of Airtel Axis Bank Credit Card as part of a strategic partnership to strengthen the growth of India's digital ecosystem

Russia-linked Nayara Energy put under credit watch, says CARE Ratings

Nayara operates the 400,000 barrel-per-day (bpd) Vadinar refinery in India's western Gujarat state and has a fleet of about 6,500 retail fuel stations in the country.