Page 2513 - Company News

Margin pressures, valuations could restrict Mindtree's upside

The Street, however, is bullish on revenue growth prospects this year for Mindtree as well as for the midcap IT space

Zomato IPO fully subscribed on Day 1, attracts bids worth Rs 5,700 cr

Market players say marquee names in anchor book have been a big confidence booster; young investors are showing a lot of interest in the IPO of a brand they relate with

Hyundai Alcazar review: Large-sized SUV with a premium punch, like Tintin

Hyundai's latest seven-seater is aimed at customers who demand more than what the Creta or the Santa Fe offers

Brookfield Infrastructure, Digital Realty form JV for data centres

The venture will expand Brookfield Infra's global data portfolio of $23 billion in assets across data transmission, distribution and storage, and 139,000 telecom wireless towers India

Car sales double to over 200,000 in June, says automobile body Siam

Three-wheeler sales de­c­lined to 9,397 units last month as against 10,300 units in the same period last year

95% Indian firms to continue with remote work for next two years: Survey

The survey also found that 89 per cent of respondents believe implementing a work-from-home policy has led to an increase in security challenges faced by their organisation

Infosys says income tax portal functioning 'single largest priority'

Infosys said it is focused on "expeditiously" resolving issues related to the new income tax portal and termed it as the "single largest priority" for the company at the moment.

SpiceJet ties up with eee-Taxi to deploy EVs for employees' movement

SpiceJet said it has tied up with startup eee-Taxi to deploy a fleet of electric vehicles for movement of its employees so that the logistics cost, travel time and carbon footprint can be reduced.

Marico acquires 60% stake in Apcos Naturals that owns 'Just Herbs'

The stake will be acquired over a period of two years through primary infusion and secondary buy-outs

TCS to expand operations in Arizona; to invest $300 million by 2026

Tata Consultancy Services (TCS) on Wednesday announced plans to expand its operations in Arizona in the US and invest more than USD 300 million (about Rs 2,236 crore) by 2026.

Bewakoof eyes Rs 1,000 cr revenue in 2 yrs, expands into beauty segment

Bewakoof expects its revenues to touch Rs 1,000 crore in the next two years as it adds new product categories and strengthens its retail presence across various digital platforms.

TCS adds over 7,000 employees in UK, now employs over 18,000 persons

India's largest IT firm Tata Consultancy Services (TCS) on Wednesday said it has added over 7,000 employees in the UK, including 1,800 trainees over the past five years.

Covid second wave poses challenge for FMCGs, may blunt rural demand: ITC

There is a perceptible shift with consumers adopting a more precautionary savings approach with resources being set aside for medical needs.

ITC augments investment in e-commerce, accelerates digital transformation

ITC Ltd has augmented its capability in emerging modes such as e-commerce and modern trade channels with "sharp-focused investments"

Snapdeal, FLO tie up to launch program to digitise women-owned businesses

E-commerce player Snapdeal on Wednesday said it has signed an agreement with FICCI Ladies Organisation (FLO) and has launched an online program to help women-led SMBs in the country

B2B e-commerce co Moglix names Mukund Vasudevan SVP-strategic partnerships

An alumnus of IIT Bombay and Booth School of Business, University of Chicago, Vasudevan has held leadership positions at Ecolab, Pentair, Schlumberger, and McKinsey

Maruti lines up Rs 18,000 cr investment for Haryana manufacturing plant

The country's largest carmaker Maruti Suzuki India (MSI) is planning to invest around Rs 18,000 crore on a new manufacturing facility in Haryana, as per a top company official.

Quess Corp counters I-T dept, denies 'concealing' income of Rs 880 cr

Manpower outsourcing company Quess Corp has denied concealing any income after the IT department claimed that it has revealed undisclosed income of around Rs 880 crore

Zomato IPO gets Twitter buzzing with tweets from startup community

Deepinder Goyal 'stress eating', Vijay shekhar Sharma of Paytm cheers along

AI-based logistics firm Shyplite launches Shypmax supply chain solution

Shypmax is now live for deliveries to 40+ countries and will be covering delivery to 220 countries progressively