Page 2451 - Company News

India, Mexico markets push Walmart international business grow 13% in Q2

US retail giant Walmart saw its operations in markets like India, China and Mexico push its international business growth by 13 per cent in the second quarter ended July 31

JSW Infra plans Rs 10k-cr capex by 2025, including investment in logistics

Capex will also include investment in logistics to better hinterland connectivity

Serum Institute picks up 50% in glass vial maker Schott's Indian JV

Deal value not disclosed; former co-promoters Kaisha exits JV

BS Number Wise: Can user experience deliver Voda-Idea from its mess?

While Vi has lagged in spectrum addition and infrastructure augmentation, its 4G data experience has performed well at times

Climate Group appoints Sumant Sinha as trustee on UK board for 3 years

London-based Climate Group announced the appointment of Sumant Sinha, chairman and managing director of domestic renewable energy company ReNew Power, as a trustee on its UK board for three years

Infosys invests an additional Rs 3.3 cr in California-based TidalScale

TidalScale is a software-defined-server technology startup

Top headlines: SII buys 50% stake in vial maker; China tech stocks slump

Business Standard brings you the top headlines this evening

HAL signing contract with GE Aviation for Tejas aircraft engines

The contract was signed here today at HAL Corporate Office

Baba Ramdev's Ruchi Soya gets go ahead from Sebi to float FPO

Edible oil firm Ruchi Soya, which is owned by Baba Ramdev-led Patanjali Ayurveda, has received capital markets regulator Sebi's go-ahead to raise Rs 4,300 crore through a follow-on public offer (FPO).

HCL Tech signs 5-year IT contract with German chemical co Wacker Chemie AG

HCL will be using AI-enabled virtual assistants to drive efficiencies for Wacker.

Siemens, Tata Power-DDL deploy smart metering tech in north Delhi

Siemens and Tata Power Delhi Distribution Ltd (Tata Power-DDL) have jointly announced deployment of smart metering technology for over two lakh smart meters in north Delhi.

Hindustan Zinc board meeting to consider interim dividend for FY22 deferred

Vedanta group firm Hindustan Zinc Ltd (HZL) on Tuesday said its board meeting scheduled on August 17 to consider interim dividend for FY2021-22 has been deferred

India's Serum Institute takes 50% stake in drug vial maker Schott Kaisha

SII, the world's largest vaccine maker by production volume, has taken a 50% stake in Indian drug vial maker Schott Kaisha, the companies said in a statement on Tuesday.

Tata Steel interested in acquiring Vizag-based RINL: CEO T V Narendran

Domestic steel giant Tata Steel is interested in acquiring state-owned Rashtriya Ispat Nigam Limited (RINL), the company's Chief Executive Officer (CEO) and Managing Director T V Narendran said.

Serum Institute buys 50% stake in pharma packaging firm Schott Kaisha

The joint venture is for pharmaceutical packaging

SpiceJet announces transfer of logistics business to SpiceXpress

SpiceJet on Tuesday announced it was transferring its cargo and logistics services on a slump sale basis to its subsidiary SpiceXpress and Logistics Private Limited.

JK Tech rebrands itself with new website, logo after nearly 25 years

The website features a clean and modern design, with seamless and simplified user interface, portraying JK Tech as a young and vibrant organisation

WhatsApp adds backgrounds to payments for a more personalised experience

Built for India, this new feature is relevant, exciting, and memorable as it helps people easily convey a feeling along with sending money.

Inflation bites: High commodity prices hit India Inc's profits, margins

The adverse impact of inflation and higher commodity prices is visible in the overall corporate results for Q1FY22

Indian e-retail market expected to grow to $140 bn by FY26: Bain & Company

The pandemic was a watershed moment for India's e-retail market, driving a 12-month acceleration in e-retail penetration, which was at 4.6 per cent by end of FY21