Page 2273 - Company News

ITC raises stake in Delectable Technologies to 27.34%

The company's shareholding in Delectable aggregates 27.34 per cent of its share capital on a fully diluted basis

India's cybersecurity services, product industry revenue at $9.85 billion

North America and Europe continue to be the leading geographies for services and products revenue with combined 58 per cent revenue contribution

Adar Poonawalla picks up 20% stake in JetSynthesys' subsidiary Wakau

Poonawalla joins superstar Amitabh Bachchan as Wakau's league of investors

CAG pulls up ONGC for flaring high-pressure gas from Mumbai High Field

CAG pulled up ONGC for flaring of high-pressure gas valued at Rs 816.08 crore in the Mumbai High Field during 2012-13 to 2019-20

Aditya Birla Sun Life's new fund collects over Rs 2,200 crore

The fund was open from November 15-29, and was later reopened for subscription

Plan to expand into omni-channel distribution, says Snapdeal

Snapdeal said the company intends to create a distribution channel through offline stores, partnering with existing neighbourhood stores and new franchisees

Air India paid 'avoidable' Rs 43.85 cr penalty for non-compliance: CAG

Air India shelled out an avoidable penalty of Rs 43.85 crore to Boeing for non-adherence with the contractually stipulated timelines under the agreement for an aircraft component service programme

Cash management firm CMS Info Systems IPO subscribed 40% on Day 1 of offer

CMS provides cash management services, which include ATM services, and cash delivery and pick-up

CII, global group to push for sustainability in Indian family businesses

Business chamber and Switzerland-based FBN announce partnership, annual summit.

Hyundai raises global EV sales target to 1.7mn in 2026, says CEO

Hyundai Motor Group raised its global electric vehicle sales target for 2026 to 1.7 million units from 1 million units, its chief executive has said

Reliance General Insurance gets IRDAI approval to test 9 products

Reliance General Insurance Company will soon roll out nine sandbox products to cater to the fast transforming customer requirement in the insurance sector.

India binged on biryani in 2021; a fried snack was favourite: Swiggy report

Samosas ordered were equal to New Zealand's population; gulab jamun was the most preferred dessert.

Indian IT services firms set for robust growth, attrition a concern

Despite the growth, concerns have emanated from elevated attrition levels for the industry due to strong demand for digital technologies and lack of adequate skilled manpower to service the same

RBI empanells CSB Bank to undertake banking biz of central, state govts

This appointment will allow CSB Bank to undertake general banking business of the central and state governments which may be entrusted by the RBI, the bank said

Auto component industry optimistic for growth in FY22 despite Covid woes

The auto component industry remains 'cautiously optimistic' for the growth of the industry in the current fiscal year despite concerns of another wave of the pandemic, industry body ACMA said

'Domestic leisure bound to grow': Mahindra Holidays downplays Omicron fears

Occupancy is back to pre-pandemic levels and will likely hit upwards of 80% this quarter, Chief Executive Officer Kavinder Singh said

Quick commerce in superfast lane: Decoding the biz of 10-minute deliveries

The concept is rapidly coming of age but it's unclear still whether it's a boom or bubble

Octopus Energy, Sterlite Power team up to decarbonise Indian industry

Octopus Energy and Sterlite Power have inked a pact to help decarbonise the Indian industry and bring cheaper green power to consumers around the world

Oriental Insurance Co categorised as public shareholder in Axis Bank

Axis Bank on Tuesday said The Oriental Insurance Company has been categorised to public category from promoter category shareholder in the bank

Foxconn plant in Tamil Nadu to stay shut this week after protests: Report

Apple supplier Foxconn's plant near Chennai in southern India will remain shut this week following protests, government sources told Reuters on Tuesday