Page 2419 - Company News

Flipkart strengthens supply chain network, aims to create over 100,000 jobs

This year, Flipkart is creating direct seasonal employment for more than 1,15,000 people of which 15 per cent are women and people with disabilities

Telecom reforms usher in new era for India's digital ambitions: Telcos

The telecom reforms announced by government are beginning of a new era for sector as well as for boosting investment in the industry that is reeling under debt burden, leading sectoral players said

Top headlines: Chairman rules out Tata Sons' revamp; telcos get govt relief

Business Standard brings you the top headlines from today

Adani Transmission to invest Rs 1,200 cr in MP to strengthen power system

Adani Transmission Ltd (ATL) on Wednesday said it would invest Rs 1,200 crore in eastern Madhya Pradesh to strengthen the power transmission system for MP Power Management Company Ltd (MPPMCL).

5G spectrum auction most probably in February 2022: Telecom minister

The 5G spectrum auctions will "most probably" be held in February 2022, and the government may even try for a January timeline, Telecom Minister Ashwini Vaishnaw said on Wednesday.

Revised PLI scheme would give the right impetus for the industry: TVS Motor

The revised PLI Scheme announced by the Centre on Wednesday would give the right impetus for auto industry to move faster towards future technologies, TVS Motor Chairman Venu Srinivasan said.

EESL Executive Vice Chairman Saurabh Kumar resigns on personal grounds

Energy Efficiency Services Ltd Executive Vice Chairman, Saurabh Kumar has resigned from the post on personal grounds

Axis board gives approval to reclassify Oriental Co as public shareholder

Axis Bank on Wednesday said its board of directors has approved to reclassify The Oriental Insurance Company Ltd (OICL) from promoter category to public category shareholder.

Asia Healthcare-backed single-specialty clinics grew during pandemic

AHH now plans to make similar investments with focus on nephrology, gastroenterology, and ophthalmology among others

PepsiCo commissions largest greenfield plant in India, UP CM unveils it

Food & beverage major PepsiCo on Wednesday said its business in India is transforming and will continue to invest in the country for a long term.

No leadership structural changes are on the anvil: Tata Sons Chairman

Bloomberg on Monday reported that Tata Sons is considering an historic revamp of its leadership structure by creating a CEO role to help improve corporate governance

Telecom sector reforms ensure industry is able to invest fearlessly: Mittal

Telecom operator Bharti Airtel Chairman Sunil Mittal on Wednesday said the telecom sector reforms approved by the Cabinet will ensure that the industry is able to invest fearlessly

Telecom package to provide some relief to stressed sector: COAI

Telecom industry body COAI lauded telecom relief package approved by the Cabinet, which will be implemented prospectively and provide a breather to the sector that is reeling under heavy stress.

Infosys, SAP tie up to provide Business Process Transformation-as-a-Service

Infosys on Wednesday announced a strategic collaboration with SAP, a market leader in enterprise application software, to provide Business Process Transformation-as-a-Service to enterprises.

Glenmark Pharma concludes study on Covid drug Favipiravir in India

Drug firm Glenmark Pharmaceuticals on Wednesday said it has successfully completed its post-marketing surveillance study on Favipiravir in India.

Lupin launches generic Duexis tablets in US to treat rheumatoid arthritis

Drug firm Lupin on Wednesday said it has launched generic Duexis tablets used to treat the symptoms of rheumatoid arthritis and osteoarthritis in the US market.

Delhi HC issues notice to UIDAI on plea against GPay for unauthorised ops

The Delhi High Court on Wednesday issued a notice to the Unique Identification Authority Of India and others on a petition against Google Pay alleging unauthorised operations under the banking laws.

Canon expects 'good growth' in 2021, confident to reach pre-pandemic level

Canon India expects "good growth" in 2021 and to be on par with the level of the pre-pandemic year 2019, helped by an increase in sales and good performance, said a top company official

Esports platform MPL raises fresh funds at $2.3 billion valuation

Esports platform Mobile Premier League (MPL) on Wednesday said it has raised fresh funds in a funding round led by Legatum Capital at a pre-money valuation of USD 2.3 billion.

Final bids for Air India disinvestment today, Tata group also in race

The government is expected to complete the sale of the national carrier with at least two buyers expected to submit financial bids by September 15