Page 2295 - Company News

Samsung India to recruit over 1,000 engineers from IITs, top colleges

To be recruited for its three R&D centres in India, the engineers will work on AI, ML, IoT, deep learning, networks, image processing, cloud, data analysis, and camera technologies

Indian Overseas Bank, Central Bank of India clarify on privatisation buzz

The clarification comes a day after Centre's legislative agenda for Winter Session hinted at tabling of Banking Laws (Amendment) Bill 2021 bill for privatisation of two public sector banks

Slew of products, starting with CNG and LNG planned; Ashok Leyland

Ashok Leyland today announced several initiatives to build a green mobility future

Bigbasket forays into offline retail; unveils Fresho store in Bengaluru

The launch is part of the company's vision to open 200 physical outlets pan India by 2023 and 800 by 2026

Samsung R&D plans to recruit over 1,000 engineers from IITs, BITS

Samsung India said it is set to hire more than 1,000 engineers from top institutions like IITs and BITS Pilani this year and create a robust R&D pool for both the domestic and global markets

Apollo Tyres adopts Amazon Web Services to make factories smarter

Firm produces over 2,200 metric tonnes of tyres daily at its seven units worldwide. With AWS, it is connecting all of its factories in the cloud this year in India and Europe

Apple temporarily halts online sales in Turkey after currency crash

Apple has temporarily stopped selling products to customers in Turkey as the Turkish lira continues to crash.

Ipca Labs' board approves acquisition of over 26% stake in Lyka Labs

Lyka Labs is engaged in the manufacturing and marketing of injectables, lyophilized injectables and topical formulations

Thermax bags order worth Rs 830 crore to set up FGD systems

FGD systems will be installed to cut down SOx emissions and comply with the air quality standards set for fossil fuel based power plants

IndusInd Bank clarifies on appointment of BFIL executives by SSFL

IndusInd Bank has clarified that Shalabh Saxena and Ashish Damani are currently employed with its wholly owned subsidiary Bharat Financial Inclusion

Park+, app for car users, raises $25 mn from Sequoia, Matrix, Epiq

The platform helps in parking, FASTag management, car insurance and vehicle-access control systems, among other services.

Me N Moms aims to have 200 stores by end of this fiscal

The retailer on Tuesday announced to open 12 new stores in six states

Licious starts 'everyday vesting, anytime liquidation' ESOP for employees

Employees can liquidate the ESOPs anytime without terms and conditions, said the meat and seafood company.

Indifi Technologies raises Rs 340 crore in series D equity, debt funding

Indifi has also secured Rs 165 core in debt financing from Vivriti, Northern Arc, SIDBI, along with other lenders

Hinduja family feud puts their century-old business empire in jeopardy

With dozens of companies, the closely held Hinduja Group employs more than 150,000 people in 38 countries.

Will Indian conglomerates also go the General Electric way?

Johnson and Johnson, GE and Toshiba recently announced split into multiple entities. Do the demands of an emerging market like India require a different approach? Let's find an answer to this question

Promoter group shares pledged with lenders released, says HFCL

Promoters jointly hold 41.89 per cent stake in the company

Myntra makes foray into social commerce at scale with 'M-Live'

M-Live brings a first-of-its-kind, interactive and real-time live shopping experience

Strong pre-sales growth, debt reduction to support Macrotech stock

Capital raise to aid joint development projects and expansion

2 top Bharat Financial execs can't be relieved till review ends: IndusInd

IndusInd arm says cannot let its two execs join Spandana when the review is ongoing