Page 2439 - Company News

Carmaker Mahindra warns of 20% dip in production due to chip shortage

Indian car maker Mahindra and Mahindra said on Thursday it expects a 20%-25% drop in September vehicle production at its automotive division due to semiconductor shortages

Get it right in the first instance: TCS mantra for government orders

Scale a challenge, but systems built here can be replicated anywhere, says executive

'Happened rapidly': How a single Covid case rocked world's biggest carmaker

Toyota slashes output in September by 40%: a fallout of a series of disruptions that started when a worker at a supplier's plant in Vietnam tested positive for Covid.

Prosus joins top league of global investors after India's BillDesk buy

Naspers' digital investment arm now has India exposure of $10 billion

Zerodha gets in-principle approval from Sebi to start mutual fund business

In February 2020, the broking company had applied for the AMC license

Ready for take-off: Jet Airways plans to resume service by early 2022

Jet 2.0 has also given a firm plan to Airport Authority of India (AAI) and private airport operators to restart operations with 20 aircraft

Positive signals for India's real estate sector as economy normalises

Demand expected to pick up; deleveraging, consolidation are key triggers

ICICI Bank m-cap tops Rs 5 trillion as stock hits lifetime high intra-day

At the closing price, the lender was valued at Rs 4.98 trillion; HDFC Bank is the only lender valued higher, at Rs 8.74 trillion

India's edtech firms aim global as a massive consolidation plays out

Some players are worrying about factors that could topple over this nascent edifice

Amazon to host first-ever Career Day in India, over 8,000 direct jobs ready

140 Amazon recruiters will offer over 2,000 one-on-one career coaching sessions for interested participants to help grow in their careers at the company or elsewhere

Vedanta to disburse Rs 6,877 crore via dividend declaration

Vedanta board approves first interim dividend of Rs 18.50 per share for FY22

Bharti Airtel obtains shareholder nod on all seven AGM resolutions

Sunil Mittal's reappointment gets 10% against votes

Vedanta's acquisition of Videocon assets may get derailed after NCLT order

Lenders in a bind as NCLT orders attachment of company and promoter assets

McLeod Russel promoters seek to settle with Techno as way out of insolvency

Sources say talks between the two parties are on, finer details of a settlement being worked out; top brass of both sides refuse to comment

Telstra India sets up 2 Innovation and Capability Centres, engineering lab

Australian telecom firm Telstra's Indian arm on Wednesday announced setting up of innovation and capability centres and an engineering lab in the country where it will test devices for 5G networks.

Indian Hotels launches new exclusive Taj The Chambers club in London

The Indian Hotels Company Limited (IHCL) has launched its newest membership club, Taj The Chambers, in London as part of a wider Re-imagined worldwide drive for India's leading hospitality brand.

Hazel Mercantile emerges as the highest bidder for Reliance Naval

Hazel Mercantile offered about Rs 2,100 crore - pipping Naveen Jindal group and GMS of Dubai by a huge margin

NHPC seeks shareholders nod to raise borrowing limit to Rs 40,000 cr

State-run hydro power giant will seek its shareholders' approval to raise borrowing limit by Rs 10,000 crore to Rs 40,000 crore in the annual general meeting on September 29, 2021.

Jhunjhunwala-backed Akasa hires former IndiGo executive Ankur Goel as CFO

The airline is reportedly in final negotiations with aircraft manufacturer Boeing for an order of up to 100 737 Max jets

India to offer indemnity to Air India bidder over Cairn claim: Report

Air India, unprofitable since a 2007 merger with state-owned domestic operator Indian Airlines Ltd., has total debt of Rs 60,000 crore and loses Rs 20 crore every day