Page 2516 - Company News

Double-digit volumes to drive Q1 growth for Godrej Consumer, Marico

Margins, however, are expected to correct on a YoY basis

74% companies plan to divest non-core assets in 24 months: EY India survey

Survey highlights that a key challenge faced by CEOs today is identifying the right time to divest assets as 70% of surveyed firms said they held on to assets for too long

NMDC's Rs 3,600-cr share sale fully subscribed, most bids come in at Rs 166

A total of 219.5 mn shares were put on the block by govt;OFS) has garnered bids for 220.45 mn shares from institutional investors--1.15 times the shares on offer to them

Reliance Industries lags peers in rewarding investors with cash pay-outs

Cash pay-outs grew at 6.6% CAGR vs 13.2% for other firms over 10 yrs

Second wave of the Covid-19 pandemic throws auto SMEs out of gear

Hope rests on exports and festive season accelerating recovery

SAT to hear matter on PNB Housing Finance-Carlyle deal next week

The Securities Appellate Tribunal (SAT) will hear the case related to the PNB Housing Finance-Carlyle deal next Monday

Passenger sues Air India for personal data breach: What happens now

India lacks a mechanism for compensation or redress of consumers in such cases, say experts

A tough call for Voda Idea: Will it survive the test of time, competition?

With competitive pressures ruling out a tariff hike and relief on dues unlikely, the debt-ridden telecom service provider's options for survival are narrowing

Reliance Jio in talks with Flex, UTL for ultra-low cost smartphone

If discussions fructify, smartphone would be made at Indian plants

TCS enters strategic partnership with OTT streaming platform SonyLIV

TCS will enhance its core OTT platform to leverage AI and ML to provide personalised experiences to users. It will also help SonyLIV use data and insights to monetise content

Tata Power shareholders okay re-appointment of N Chandrasekaran as director

Chandrasekaran was appointed as non-independent non-executive director of the firm on February 11, 2017.

Textile trading comes to a standstill in Surat amid second Covid-19 wave

The second wave of the pandemic has hit the medium- and small-scale sector like a tsunami. The first of a five-part series looks at the crisis

JLR reports 68% increase in retail sales in June qtr at 1,24,537 units

This reflects the continuing recovery in demand from the Covid-19 pandemic.

NCLAT issues notices to CoC, DHFL and Piramal on 63 moons plea

The NCLAT agreed to hear the petition by 63 moons technologies, challenging the NCLT's nod for Piramal's resolution plan.

Second Covid wave a setback for fiscal 2022 business plans: Titan

The company, however, said it is moving ahead with "calmness and composure" and is confident of overcoming all the challenges.

Hyundai Motor to invest in Solid Energy Systems, a next-gen battery company

Solid Energy and General Motors are planning to construct a lithium metal battery test production plant near Boston by 2023, and will commercialise it in 2025.

HealthifyMe acqui-hires Under45, launches vaccination slot bookings

Health-tech startup HealthifyMe on Tuesday said it has acqui-hired the team of Under45 that gained popularity for helping people find slots for Covid vaccination.

Fitch affirms Glenmark Pharmaceuticals at BB with a stable outlook

Fitch Ratings has affirmed Glenmark Pharmaceuticals Ltd's long-term issuer default rating at BB with a stable outlook

LG Electronics to expand cloud-based call centres amid Covid-19 pandemic

LG Electronics said on Tuesday it will expand cloud-based call centres to offer better customer care services and protect its workers from the novel coronavirus outbreak.

Coforge board approves proposal to raise Rs 375 cr via various instruments

IT firm Coforge Ltd, erstwhile NIIT Technologies, on Tuesday said its board has approved plans to raise up to Rs 375 crore through various instruments