Page 2233 - Company News

Hinduja Global Solutions shares tank 20% on likely promoter loan

On Friday, the stock fell to Rs 2,855 a share, dragging its market valuation to Rs 5,967 crore.

Zuddl raises $13.35 mn in Series A funding led by Alpa Wave Incubation

The virtual events market space is expected to grow at about 24 per cent CAGR over the next few years according to research firm, Grand View Research

Alembic Pharma gets tentative USFDA approval for depressive disorder drug

These are therapeutically equivalent to the reference listed drug product (RLD) Trintellix tablets 5 mg, 10 mg, 15 mg, and 20 mg of Takeda Pharmaceuticals, USA, Inc

Shiprocket set to acquire 75% stake in customer data platform Wigzo Tech

E-commerce shipping firm Shiprocket on Friday said it has committed to acquire a 75 per cent stake in customer data platform (CDP) Wigzo Tech.

Demand triggers, expansion to drive growth for Grasim

Deleveraging and traction in paints business key for further gains

upGrad appoints Vikram Vyas as VP Growth, International Sales

Edtech major upGrad on Friday said it has appointed Vikram Vyas as Vice President - Growth, International Sales for the Asia Pacific and EMEA (Europe, Middle East and Africa) regions.

Crisil upgrades Jindal Stainless long-term debt ratings, keeps short-term

Rating agency's report highlighting reasons for upgrade pointed at the improvement in financial risk profile, supported by debt reduction

Sridhar quits as vice-chairman IndoStar Capital; Deep Jaggi new CEO

Company offers no reason for resignation; Sridhar joined IndoStar in April 2017, had worked with Sriram Group since 1985.

E-commerce firms ramp up operations to meet growing demand amid Covid spike

Besides growing tech and digital enhancements, these firms are ramping up hiring of more delivery partners and reinforcing existing covid protocols

ReNew Power raises $400 million from global debt investors

The money will be used to refinance existing high-cost debt and fund capital expenditure

Hit by Covid-19 pandemic, DMRC finds it hard to pay R-Infra dues

The transport major's net loss stood at Rs 541.05 crore in the financial year 2019-20, widening from a loss of Rs 462.23 crore in 2018-19.

Whirlpool stock to benefit from attractive valuations, demand recovery

Long term growth prospects and valuations are key positives

TCS Board to consider share buyback proposal on Jan 12

On Friday, TCS shares closed 1.26 per cent higher at Rs 3,854.85 on BSE

TCS bags phase 2 of Centre's passport plan valued at up to Rs 8,000 cr

In the next phase of program, TCS will refresh existing facilities and systems, and develop new solutions to enable issuance of e-passports using technologies such as biometrics, data analytics, etc

The life and times of Ratan Tata: An authorised tell-all book in November

HarperCollins wins publishing rights for industrialist's biography in a reported Rs 2 crore deal

How BlackBerry, the phone everyone once wanted to own, got disconnected

The shutdown administered the last rites to an iconic device, and to a pioneering tech concept

CCI orders probe against Google for alleged abuse of dominant position

The order came on a complaint filed by the Digital News Publishers Association, which is a private company that promotes and secures interest of digital news publishers

Hero MotoCorp appoints Arun Jaura as CTO; chief compliance officer resigns

The company, in a statement, also announced the resignation of Neerja Sharma, company secretary and chief compliance officer.

Delhi HC refuses interim relief to Rooh Afza against Dil Afza manufacturers

The plaintiffs sought an interim order of injunction against the defendant

Fashion retailer Myntra elevates Achint Setia as the head of marketing

Setia will lead Myntra's marketing function while continuing to oversee the social commerce business