Page 2502 - Company News

Infosys reopens offices as India Inc eyes long road back to work

The Bengaluru-based IT services company stopped short of calling all employees back to work, reflecting wider caution across the sector

Videocon lenders to eventually take only 50-55% haircut, says former CFO

While Anil Agarwal-led Vedanta Group has picked up Videocon Industries for Rs 2,962 crore, the bids for overseas assets are yet to be decided.

TCS to invest $30-40 mn annually in global running sponsorships next 5 yrs

Tata Consultancy Services (TCS) on Wednesday said it plans to invest up to USD 40 million annually in global running sponsorships and related community programming from 2022 to 2029.

Dyson expands retail network to 12 stores; enters Hyderabad, Chandigarh

British tech firm Dyson on Wednesday announced expansion of its retail sales network by adding more demo stores and mall demo zones, taking its total count to 12 in the country.

Airtel, Intel announce collaboration to accelerate 5G rollout in India

Bharti Airtel is collaborating with Intel for 5G network development by leveraging vRAN/O-RAN technologies.

TCS renews sponsorship of New York Road Runner for eight years

To invest $30-40 mn annually in global running sponsorships & related community programmes

IIFCL aims for loan sanctions worth over Rs 23,000 crore in FY22

IIFCL is aiming at loan sanctions worth over Rs 23,000 crore and disbursements of Rs 14,000 crore in 2021-22 depending on the project pipeline available in the market.

Wholesaler METRO Cash & Carry India opens its 29th store at Visakhapatnam

METRO Cash & Carry India, the country's leading organised wholesaler, on Wednesday announced opening of a new store at Visakhapatnam, taking the total strore count to 29.

Zydus Cadila gets tentative approval from USFDA to market cancer drug

Drug firm Zydus Cadila on Wednesday said it has received tentative approval from the US health regulator to market Ibrutinib tablets used in the treatment of certain types of cancers.

Twitter's updated privacy policy to come into effect on August 19

One of the updates involves Twitter's social audio product Twitter Spaces; It is further adding details of what data it collects for its subscription service, Twitter Blue

Consumer durables to see sustained growth over few yrs: Whirlpool India

The consumer durables industry is expected to witness sustained growth over the next few years, according to Whirlpool of India.

IOC, GAIL may buy shares if open offer for Petronet, IGL gets triggered

IOC, GAIL and ONGC may buy shares of Petronet LNG and Indraprastha Gas in the eventuality of an open offer getting triggered post privatisation of Bharat Petroleum Corporation Ltd (BPCL)

ESR inks MoU with TN govt to invest Rs 550 cr to build industrial parks

Industrial and logistics real estate platform ESR India said it has signed an agreement with Tamil Nadu government to develop two industrial parks with an estimated investment of Rs 550 crore

IBM signs 10-year partnership deal with Bangalore International Airport

To create 'Airport in a box' platform that will support transforming the end-to-end travel experience for passengers

Property consultant Colliers appoints Ramesh Nair as CEO for India

Nair joined Colliers from JLL India, where he held the position of CEO & country head, leading over 12,000 people

AAI committees find Adani group in violation of branding, logo pacts

Three committees of the Centre-run AAI in January found the Adani group to be in violation of branding norms, prescribed in the concession agreements, at airports in Ahmedabad, Mangaluru and Lucknow

Huge scarcity of talent globally, says HCL Technologies' Apparao

HCL Technologies plans to hire 20,000-22,000 people from campuses for FY22

US based Colliers appoints Ramesh Nair as CEO for India business

US-based property consultant Colliers on Wednesday announced the appointment of Ramesh Nair as the Chief Executive Officer for India business, as part of its strategy to accelerate growth in country

Wipro to invest $1 bn in cloud technologies over next three years

Wipro has seen consistent growth in its cloud business and today employs over 79,000 cloud professionals and more than 10,000 people certified by the leading cloud service providers

Bigger firms scoop up more market share during Covid-19 pandemic

Market concentration in key sectors, measured by HHI, reached a new high in FY21