Page 2511 - Company News

From households to FMCG companies, commodity inflation bites hard

The higher prices of widely used raw materials such as edible oils, pulses, television panels, and chipsets are burdening household budgets and threatening the margins of leading manufacturers

Amid consolidation, gains for realty index may continue in the near term

Ongoing consolidation to help residential players expand their market share further

TCS to take iON global after test-marketing success in some markets abroad

Management said digital transformation with cloud adoption is accelerating in all markets, save India

TCS plans to hire over 40,000 freshers from Indian campuses in FY22

IT firm's recruitments may surpass FY21 numbers

Cochin Shipyard is gearing up for strong top line in FY22: Madhu Nair

For FY22, the company said its current order book size stands at Rs 12,000 crore, which includes private, government and navy shipbuilding and ship repairs

InMobi group's Glance all set to enter consumer tech sector in the US

The service is expected to be rolled out some time in September and Glance has alr­eady set up a la­rge team in San Francisco to oversee the project

MSN Labs enters into licence deal with DRDE for Covid-19 drug 2-DG

MSN labs will be launching the 2-DG as a twice-a-day product in sachet form under the brand name MSN 2D in strength of 2.34 g, the statement said.

Getting a breather: High commodity costs give debt relief to PSUs

Combined net debt stood at Rs 6.83 trillion at the end of March 2021

Digital payments start-up Mobikwik nears filing for $300-million IPO

MobiKwik plans to lodge the listing documents with the Indian securities regulator as soon as the next few days

Privacy policy on hold till data protection bill comes into force: WhatsApp

The single judge on April 22 said that he saw no merit in the petitions of Facebook and WhatsApp to interdict the investigation directed by the CCI.

DRI quizzes 3 senior executives of Samsung Electronics over duty evasion

Probes whether the South Korean firm misused FTA norms

Reliance Jio tops 4G chart with 21.9 mbps download speed in June: Trai

Vodafone Idea had an average upload speed of 6.2 mbps in May. It was followed by Reliance Jio with an upload speed of 4.8 mbps and Bharti Airtel with 3.9 mbps

Vedanta, Hindalco among 34 firms to put bids for Commercial Coal Auction-II

Most of the bidders are from iron and steel industry; three state-owned companies have also participated

Rooh Afza, relished across the heated borders, eyes new palates

The drink brings about $45 million of profit a year in India alone, its manufacturer says, most of it going to a trust that funds schools, universities and clinics

HCL Technologies bags IT modernisation deal from The Mosaic Company

IT company HCL Technologies on Friday announced the signing of a five-year global agreement to provide digital transformation and managed services to US-based The Mosaic Company.

UP RERA holds meeting to review progress of 76 realty projects in NCR

The UP RERA held review meetings of 76 projects from the national capital region (NCR) with their promoters between July 5 and July 9, officials said on Friday.

Top headlines: TCS to hire over 40k freshers; $500 mn more invested in Ola

Business Standard brings you top news of the day

Zorawar Kalra-led Massive Restaurants eyes listing, timing not yet decided

Massive has brands like Made in Punjab, Farzi Cafe, Pa Pa Ya, Masala Bar, and BO-TAI; has lined up expansion on brick-and-mortar side of the business, as well as the delivery vertical

Commercial mining: Vedanta, Hindalco among 20 bidders for coal blocks

Of the total 34 bids submitted by these firms, the maximum (four each) were from Aurobindo Realty & Infrastructure Pvt Ltd and Sunflag Iron and Steel Company Ltd

TCS to hire over 40,000 freshers from Indian campuses in FY22

The company's chief operating officer N Ganapathy Subramaniam said there is no dearth of talent supply in India