Page 2144 - Company News
Tata Consultancy Services launches digital innovation centre in Sydney
The TCS Sydney Digital Garage provides access to the company's global ecosystem of academia, start-ups, and technology providers
 "Tata Consultancy Services launches digital innovation centre in Sydney")
DMRC to deposit Rs 600 cr for DAMEPL in escrow account in two days
Justice Suresh Kumar Kait took on record the statement made by DMRC's counsel and reserved the order on the execution petition
 "DMRC to deposit Rs 600 cr for DAMEPL in escrow account in two days")
Binnopharm to acquire 2 anti-bacterial brands from Dr Reddy's
During the transition period, Dr Reddy's will continue to supply the product to Binnopharm Group to ensure availability in the market
 "Binnopharm to acquire 2 anti-bacterial brands from Dr Reddy's")
Hero MotoCorp elevates Ranjivjit Singh to new role of Chief Growth Officer
Hero MotoCorp it has created a new position, titled Chief Growth Officer, integrating the marketing, sales and after-sales functions and has appointed Ranjivjit Singh to the post
 "Hero MotoCorp elevates Ranjivjit Singh to new role of Chief Growth Officer")
Bharti Airtel, Reliance Jio make big moves in undersea cable system
"Through SEA-ME-WE-6, Airtel will add a significant amount of 100 TBps capacity to its global network," the statement said
 "Bharti Airtel, Reliance Jio make big moves in undersea cable system")
Adani, Ballard Power to explore investment in hydrogen fuel cell
Adani Group and Ballard Power Systems have joined hands to evaluate a joint investment in hydrogen fuel cells manufacturing in India.
 "Adani, Ballard Power to explore investment in hydrogen fuel cell")
Next 5 years will define Rajesh Gopinathan's legacy at TCS: Analysts
The company has successfully pivoted to a digital business without an inorganic play, putting digital at the heart of strategy
 "Next 5 years will define Rajesh Gopinathan's legacy at TCS: Analysts")
Tata Power, RWE Renewables GmbH tie up to develop offshore wind projects
A corresponding MoU has been signed between Tata Power Renewable Energy Limited and RWE Renewables GmbH, one of the world's leaders in offshore wind, a Tata Power statement has said
 "Tata Power, RWE Renewables GmbH tie up to develop offshore wind projects")
Dramatic change in Tata Motors' domestic biz, analysts give it more weight
Equity value of India business comprised of commercial and passenger vehicles now accounts for over half the value in SOTP calculations as compared to 0-30% two years ago
 "Dramatic change in Tata Motors' domestic biz, analysts give it more weight")
Panacea Biotec, THSTI tie up to make broad Covid vax, trials in 15-18 mths
If things go according to plan this India-made vaccine could hit the market within the next two to three years
 "Panacea Biotec, THSTI tie up to make broad Covid vax, trials in 15-18 mths")
Jindal Steel & Power keen on RINL, NMDC's Nagarnar iron and steel plant
The two assets are bigger than the 1.1 mt NINL and would bolster steelmaking capacity for any buyer.
 "Jindal Steel & Power keen on RINL, NMDC's Nagarnar iron and steel plant")
Enforcement Directorate raids Indiabulls Finance offices in Mumbai, Delhi
In a statement to the exchanges, Indiabulls Housing Finance said ED had sought certain clarifications regarding the FIR
 "Enforcement Directorate raids Indiabulls Finance offices in Mumbai, Delhi")
Tata-Mistry case: Supreme Court to hear review plea in open court
The order to hear the review petition was passed by a three-judge Bench of Chief Justice of India NV Ramana, Justice AS Bopanna and Justice V Ramasubramanian
 "Tata-Mistry case: Supreme Court to hear review plea in open court")
Bumpy ride ahead for road companies with order likely to enter slow lane
Higher interest rates and stiff competition could further weigh on their share prices
 "Bumpy ride ahead for road companies with order likely to enter slow lane")
HFCL joins O-RAN Alliance to speed up open innovation in 5G
HFCL Limited on Monday announced it has joined the O-RAN Alliance, a global community of mobile network operators, vendors, research and academic institutions operating in the RAN industry.
 "HFCL joins O-RAN Alliance to speed up open innovation in 5G")
Novelis to build $50 million recycling, casting centre in South Korea
Novelis Inc, a subsidiary of Hindalco Industries, will build a USD 50 million (around Rs 373 crore) recycling and casting centre in South Korea to expand low carbon aluminium production.
 "Novelis to build $50 million recycling, casting centre in South Korea")
Profits of insurers, manufacturing firms cannot be compared, says LIC chief
LIC Chairman M R Kumar on Monday said profits of insurance companies cannot be compared with that of manufacturing companies as dynamics of the businesses are different.
 "Profits of insurers, manufacturing firms cannot be compared, says LIC chief")
High court quashes Rs 684 cr tax demand notice against co, says CG Power
CG Power and Industrial Solutions on Monday said that the Bombay High Court has quashed an assessment order of Rs 684.08 crore against the company issued by the I-T department.
 "High court quashes Rs 684 cr tax demand notice against co, says CG Power")
Contract drug maker V-Ensure gets Rs 130 cr from Investcorp, Tanas Capital
Founded in 2010, V-Ensure is into specialty pharmaceutical formulations focused on complex generics for regulated markets
 "Contract drug maker V-Ensure gets Rs 130 cr from Investcorp, Tanas Capital")
Fortis Healthcare matter: Former official settles case with Sebi
Vishal Bali, a former official at Fortis Hospitals, settled with Sebi a case pertaining to allegedly aiding in the diversion of public shareholders' funds for the benefit of the promoters of Fortis
 "Fortis Healthcare matter: Former official settles case with Sebi")