Page 2490 - Company News

ArcelorMittal boosts steel outlook as it sees best quarter in 13 years

Steel has surged over the past 12 months, joining a wider commodities boom as producers struggled to meet an unexpectedly strong rebound in demand from the construction and manufacturing industries.

Amid high attrition rate, Cognizant plans to hire 100,000 people this year

The firm, which had a quarterly attrition rate of 31%, als plans to recruit 30,000 at the graduate level

SC reserves verdict on Amazon's pleas against Future-Reliance deal

The Supreme Court Thursday reserved verdict on the pleas of e-commerce giant Amazon against the Rs 24,713 crore deal for merger of Future Retail Ltd (FRL) with Reliance Retail

Beauty startup Nykaa seeks $4 billion valuation in IPO, says report

Company is aiming to file its draft red herring prospectus within the next few days

Lodha sells 22-acre land parcel in Palava industrial park to Japanese firm

Palava Industrial and Logistics Park has now emerged as the preferred partner for companies looking for warehousing and industrial space solutions in Mumbai

Silence! Audi's electric SUV is now in town: Check details here

This is a vehicle that is top of the charts on the electric category of SUVs, for now

Embassy Office Parks REIT expects demand to bounce back in early FY22

Occupancies may fall 100-200 bps in the coming quarters

Post-IPO, promoter family of Nykaa to continue holding 51% stake

The company has followed an inventory-led model so that the authenticity of the quality of brands was assured

Biconomy raises $ 9mn in pvt funding round led by DACM, Mechanism Capital

Biconomy was founded in 2019 and to date, it has raised $10.5 million.

Digital taxation: How a consensus-based approach may benefit Indian economy

The government has taken a balanced stance by committing to the multilateral approach for addressing tax challenges of digitalisation

Skincare brand Minimalist raises Rs 110 crore through multiple investors

The round was led by Sequoia Capital India, with participation from Unilever Ventures, the venture capital arm of British multinational consumer goods company.

Airtel raises minimum prepaid plan to Rs 79, offers more usage time

Company is the first to raise tariffs and its rivals are likely to follow suit, say experts.

Google delays return to office until mid-October, mandates vaccines

Google is postponing a return to the office for most workers until mid-October and rolling out a policy that will eventually require everyone to be vaccinated

US, China moves may have big implications for Indian equity markets

If the Fed announces a taper, it could trigger a correction till 14,000-14,500 in Nifty in next 2-3 months

NSDL provides more clarity on frozen funds of Adani group-linked FPIs

Some of these funds include Albula Investment Fund, Cresta Fund, and APMS Investment Fund-famous for their investments in Adani group stocks

Ashok Leyland draws up EV road map, plans to launch first e-LCV in Dec

Company's EV push will be done through UK-based Switch Mobility - a combined entity of Ashok Leyland's electric CV operations and erstwhile Optare of UK

Jet Airways: Staff grouping seeks Scindia's intervention to resolve issues

Jet Airways staff has sought the intervention of Civil Aviation Minister Jyotiraditya Scindia in addressing their issues with respect to the resolution plan of the Jalan Kalrock Consortium

JSW Cement to raise up to Rs 1,500 crore from two global equity investors

Deal structured as a PE deal with compulsorily convertible preference shares issued to the investors; conversion into equity will be based on performance and valuation at the time of IPO

Maruti Suzuki Q1 profit falls 62% as Covid-19 hits output, sales

Commodity super cycle to hit margins, says carmaker

Analysts see up to 34% upside in IndiGo stock despite Covid-19 headwind

Analysts believe IndiGo is well-placed to survive this tough phase