Page 2253 - Company News

Flipkart tops Fairwork India Ratings 2021, Urban Company comes in second

Flipkart is followed by Urban Company, Asia's largest home services marketplace and Tata-owned online grocer BigBasket.

GlobalBees enters unicorn club with $111.5 mn funding led by Premji Invest

GlobalBees was founded in May 2021 and has built a diverse portfolio of companies across categories.

NTPC plans to rope in strategic investor for its clean energy arm NREL

State-run power giant NTPC plans to rope in a strategic investor for its clean energy arm NTPC Renewable Energy Ltd ahead of its listing on bourses in October 2022, according to a senior official

Apple puts India iPhone maker Foxconn on probation for labour violations

Foxconn, which uses the facility to assemble iPhones among other gadgets, apologized for the lapses in health standards and pledged to revamp its management and operations in the country

Deja vu for retail industry; Covid uncertainties may roil recovery in 2022

Just after recovering from the devastating pandemic blows this year, the Indian retail industry is once again staring at uncertain times with localised restrictions back in many places

Ola Electric to have 4,000 EV charging points in 2022: CEO Bhavish Aggarwal

As part of its ambitious charging infrastructure goal, Ola Electric will install more than 4,000 charging points for its electric scooters across cities in next year

Foxconn's dorms for India workers do not meet Apple standards: Spokesperson

Apple found that some of the remote dormitory accommodations and dining rooms being used for employees at its supplier Foxconn's plant in southern India do not meet its standards, a spokesperson said

Foxconn Group to restructure management at India iPhone plant

Apple supplier Foxconn Group on Wednesday said it was restructuring its local management at its Sriperumbudur facility in southern India after it found some issues at its offsite dormitory facilities

Korean bio 'Big 3' Samsung, Celltrion, SK to expand businesses in Songdo

Three Korean bio companies called 'Big 3,' including Celltrion, Samsung Biologics, and SK Bioscience, are expected to gather in Songdo Bio-cluster

Hyundai Engineering completes construction of GTL plant in Uzbekistan

Hyundai Engineering announced on the 28th that it has completed construction of GTL (Gas-to-Liquid) plant worth $2.62 billion (about 3.1 trillion won) in Uzbekistan.

What's ailing Kitex, the world's second-largest infant garments brand?

A Christmas bash at Kitex Garments in Kochi took a violent turn. The company owner alleged that it was a ploy to shut down the factory. Take a peek into the crisis as it acquires political overtone

IndusInd Bank, NPCI join hands to offer cross-border payments through UPI

IndusInd Bank has signed an agreement with the National Payments Corporation of India (NPCI) for offering real-time cross-border remittances through UPI

Textile and apparels firm Raymond incorporates new firm for real estate biz

TXRL has been incorporated with the object to undertake real estate business, Raymond said

Sahara yet to deposit money fully ordered by SC, says Sebi chief

The regulator has issued many advertisements asking investors/bondholder to come forward and who have made their claims have already been paid, it said

RBI extends restrictions on PMC Bank for 3 months till March 2022

The RBI has extended the restrictions as further action on the draft scheme for the takeover of the crisis-hit bank by the Delhi-based Unity Small Finance Bank (USFB) is in process

From L&T to Reliance Industries, giants hitch a ride on the green road

Conventional conglomerates are tying up with new-age companies in the sustainability space

Demand tonic to spur pharma growth in FY22: A CRISIL analysis

But exports to stay under the weather; credit outlook remains stable

Higher costs, lower volumes may sober up near-term cheer in USL

Ongoing strategic review to help improve volume, profitability in the long term

Havmor Ice Cream carts to sell ITC Master Chef Frozen snacks

The carts will be located at 100 locations across Delhi and NCR, which can also be located via Google MyMap.

Sterlite Power acquires transmission project from PFC Consulting

Power transmission infrastructure developer Sterlite Power on Tuesday said it has acquired the Nangalbibra-Bongaigaon inter-state transmission project from PFC Consulting.