Page 2413 - Company News
With India's foot on EV pedal, Tata Tech expects 35% biz recharge
Tata arm sets target of becoming 'half-a-billion-dollar' firm by end-FY22
 "With India's foot on EV pedal, Tata Tech expects 35% biz recharge")
Sivasankaran group firm offers to settle dues with IL&FS Financial Services
Siva Shelters says of the dues worth Rs 76 cr claimed by IFIN, it will pay Rs 50 cr along with normal interest at 14% plus penal interest until all dues are fully cleared
 "Sivasankaran group firm offers to settle dues with IL&FS Financial Services")
Indian CEOs pip global peers in age and experience, says survey
But they head smaller companies; rely more on senior management for feedback
 "Indian CEOs pip global peers in age and experience, says survey")
DishTV seeks more time for AGM after Yes Bank notice regarding directors
Time sought to allow firm to comply with all applicable laws in respect of the notices and ensure it does not default on regulatory and lender covenants
 "DishTV seeks more time for AGM after Yes Bank notice regarding directors")
Lupin's Goa plant gets 7 observations from USFDA, firm unperturbed
Says confident of resolving matter, does not share nature of observations
 "Lupin's Goa plant gets 7 observations from USFDA, firm unperturbed")
Tata Steel, JSW Steel subsidiaries ramp up capacity in tinplate
JSW Coated and JSW Vallabh Tinplate, the wholly owned subsidiaries of JSW Steel, are increasing capacity from 350,000 tonnes to 620,000 tonnes
 "Tata Steel, JSW Steel subsidiaries ramp up capacity in tinplate")
With two new ones, UP is now home to three Amazon Fulfilment Centres
The expansion will create thousands of work opportunities for state's locals, support 90,000 sellers in meeting growing customer demand ahead of festive season
 "With two new ones, UP is now home to three Amazon Fulfilment Centres")
Expect India to be one of fastest-growing markets: Salesforce India CEO
Under her leadership, the India headcount for the tech giant has doubled since the lockdown last year to 5,000 and it is expected to reach 6500 by the end of the year.
 "Expect India to be one of fastest-growing markets: Salesforce India CEO")
US trade official called India's Mastercard ban 'draconian' - emails
The Reserve Bank of India accuses it of breaking local data-storage rules
 "US trade official called India's Mastercard ban 'draconian' - emails")
Hindustan Copper undertakes projects to increase output, mining capacity
State-owned Hindustan Copper is taking requisite actions to increase the output from its mines and is also in the process of augmenting the mining capacity through expansion projects
 "Hindustan Copper undertakes projects to increase output, mining capacity")
Limits on airfares to remain for 15 days at any given time: Aviation Min
The lower and upper limits on airfares will remain for 15 days at any given time and the airlines will be free to charge without any limits from the 16th day onwards, the Civil Aviation Ministry said.
 "Limits on airfares to remain for 15 days at any given time: Aviation Min")
Under CCI lens, Google says Android has led to more competition, innovation
The internet major on Saturday said that Android has led to more competition and innovation.
 "Under CCI lens, Google says Android has led to more competition, innovation")
YES-DHFL case: Rana Kapoor's wife, daughters remanded to judicial custody
A special CBI court in Mumbai on Saturday denied bail to the wife and two daughters of Yes Bank founder Rana Kapoor in a quid-pro-quo case
 "YES-DHFL case: Rana Kapoor's wife, daughters remanded to judicial custody")
Gupta's exit doesn't warrant disclosure under listing regulations: Zomato
Online food delivery platform Zomato on Saturday said it did not disclose the exit of its co-founder Gaurav Gupta to the bourses
 "Gupta's exit doesn't warrant disclosure under listing regulations: Zomato")
Flipkart, Davinta tie up to offer credit facilities to small biz, kiranas
'Partnering with Davinta will give members on our platform access to credit with a single click,' says Adarsh Menon, senior vice president and head - Flipkart Wholesale
 "Flipkart, Davinta tie up to offer credit facilities to small biz, kiranas")
Zydus Cadila gets USFDA nod to market depression treatment drug in US
Drug firm Zydus Cadila on Saturday said it has received approval from the US health regulator to market Vortioxetine Tablets, used to treat depression, in the American market.
 "Zydus Cadila gets USFDA nod to market depression treatment drug in US")
Led by data, telecom players' Arpu to grow even without tariff hike: Report
The sliding voice tariffs, growing data tariffs indicate that the average revenue per user of the industry could grow even without tariff hikes, says India Ratings
 "Led by data, telecom players' Arpu to grow even without tariff hike: Report")
Explained: Why shareholders are angry at promoter-directors' remuneration
Most experts feel the weakest link in bridging the remuneration gap between promoter-directors and professional directors is the NRC
 "Explained: Why shareholders are angry at promoter-directors' remuneration")
Sales back to normal, deliveries still affected, says Mercedes Benz India
The company has a nearly 40 per cent share in the luxury car market in India
 "Sales back to normal, deliveries still affected, says Mercedes Benz India")
Phoenix Mills looks to double its portfolio of retail properties by FY26
Currently, it has 6.9 million (mn) sq. ft of malls in cities such as Mumbai, Pune, and Bengaluru, among others
 "Phoenix Mills looks to double its portfolio of retail properties by FY26")