Page 2321 - Company News

IBM to help India build tech systems at scale: CEO Arvind Krishna

From skilling to innovation and hiring new talent, India remains one of the top growth markets for IBM, the company's Chairman and CEO Arvind Krishna said

Japanese tractor major Kubota eyes majority shareholding in Escorts

Picks up 5.9% more for Rs 1,873 crore

Signs of capital goods sector returning to normalcy despite negative CAGR

The strong stock price momentum is now backed by improving fundamentals

S&P upgrades Glenmark to 'BB' on expectation of conservative debt levels

The outlook is stable reflecting the view that Glenmark will maintain its financial policy such that its FFO-to-debt ratio will remain comfortably above 30%, S&P said

What Apple's new repair program means: even if you don't own an iPhone

The plan by the world's most profitable company is a sign that the tech industry could finally be warming to making maintenance a part of the experience of owning a gadget.

Will Zomato's new diversification strategy deliver more unicorns?

Soon after its strong public market debut, Zomato said it is investing in companies that can become market leaders in their category. Find out the rationale behind its 'buy instead of build' model

Paytm crashes 27% on market debut, wipes out Rs 38K-cr in investor wealth

Worst day 1 show among large IPOs

Paytm CEO's fixation on delivering record IPO blamed for first-day flop

The slump is 'no indicator of the value of our company,' says Vijay Shekhar Sharma.

Govt accepts Cairn's offer on retro tax; company to withdraw cases: Report

The government has now issued Cairn a so-called Form-II, committing to refund the tax collected to enforce the retrospective tax demand, two sources with direct knowledge of the development said

GMR wins bid to develop, operate Indonesia's Kualanamu Int'l Airport

The group will tie up with the state-owned enterprise, Angkasa Pura 2 (AP2) on a 49:51 basis

Tata Sons to buy residual stake in AirAsia India for $19 million

Transaction to be completed by early next year; plans merger with Air India Express once deal is done

US-based e-commerce fulfillment network XPDEL launches India operations

India's e-commerce sector is expected to reach $111.40 billion by 2025 from $46.20 billion in 2020, signifying an annualised growth of 19.24%

TVS Supply chain acquires majority stake in logistics firm FIT 3PL

Picks up 69% for undisclosed sum; deal will strengthen existing pan-India presence of TVS SCS with addition of over 1.5 mn sq ft of warehouse space

Piramal OTC aims to double turnover to Rs 1,000 cr in three years

PEL's Pharma and financial services arms demerger is expected to be completed over next 3 quarters

Go Air IPO to open on December 8; proceeds to help reduce debt

The company steps up cost control as loss widens to Rs 923 cr in H1FY22

Go Fashion IPO subscribed 6.87 times on second day of subscription

The Rs 1,013.6-crore IPO received bids for 5,55,12,051 shares against 80,79,491 shares on offer

Market unimpressed with Vedanta's value unlocking plan as group debt weighs

Investors may be waiting for details and how SC allowing govt to fully divest stake in Hind Zinc plays out

Street positive on Escorts as Kubota moves into the driver's seat

Expansion of product portfolio, sourcing base and export opportunity to drive growth

Personal guarantors may be part of cross-border insolvency framework

The cross-border insolvency framework is yet to be notified under the Insolvency and Bankruptcy Code

Govt can sell HZL stake in open market as per court order, says Vedanta

Vedanta on Thursday said the Supreme Court has permitted the government to go ahead with the proposal to divest its complete stake in Hindustan Zinc Ltd in the open market.