Page 2539 - Company News

Royal London expands ties with TCS for ramping up its pension platform

TCS will leverage its Machine First Delivery Model (MFDM) and Location Independent Agile model to help the firm achieve its digital strategy, gain business agility and drive deeper customer engagement

SKODA AUTO DigiLab and Volkswagen IT Services kick-off i-mobilothon

i-mobilothon offers an inclusive, agile and multi-disciplinary collaborative environment for code developers to leverage skills in building prototypes that drive real business impact at scale

Vodafone Idea's auditors raise doubts over its 'going concern' status

In its notes to the financial results for FY21 and the fourth quarter of last fiscal, the company said that the group has incurred losses of Rs 44,233.1 crore for the year ended March 31

H&M swings back to profit as Covid restrictions ease, stores reopen

Fashion retailer H&M on Thursday reported a bigger than expected second quarter profit

Sebi bars Biocon's official from securities mkt for 3 months, levies fine

Regulator Sebi has restrained an official of Biocon Ltd from accessing the securities market for three months and also levied monetary penalty for contravening insider trading norms.

Gail eyes 1 GW renewable energy capacity, to set up biogas, ethanol plants

Gail (India) Ltd will invest about Rs 5,000 crore to build a portfolio of at least 1 gigawatts of renewable energy and set up compressed biogas as well as ethanol plants

Sky-high battle between satellite service providers and telcos for spectrum

Satellite companies are demanding spectrum free or at a nominal administered price as is done in other parts of the world. The move is being vehemently opposed by telcos through the COAI

India Inc getting back in biz with no-jab-no-entry, thrust on vaccine drive

Companies gear up to protect employees after second wave disrupts operations

Record disbursal, cheaper fund cost buoy IRFC net by 126% to Rs 1,482 cr

IRFC has reported a 126 per cent jump in net income to record Rs 1,482.55 crore in the March quarter, mainly due to higher interest income from record disbursals and cheaper funds.

Decoded: Why Brazilian govt is under scrutiny over Bharat Biotech vaccine

The Brazilian media has reported that though Bharat Biotech initially quoted a price of $1.34 per dose, the Brazilian govt agreed to pay $15 per shot, having ignored Pfizer's offer at a lower price

Telcos sustain growth but FY21 revenue still far from FY16 peak

Report combined net sales of Rs 1.87 trn as against Rs 2.24 trn posted 5 years ago

Prospects in key segments to keep Laurus Labs' growth trajectory strong

The stock has seen a six-fold jump in value over the last one year

Promoters of over 500 listed firms lose monopoly over independent directors

Voting threshold in favour of appointments will now be 75 per cent, according to Sebi norms.

Inflection Point Ventures leads in early-stage round in AR start-up peAR

The startup's proprietary image to 3D model technology has enabled it to make 3D models of the food at scale

Tata Steel ramps up financials amid Covid; recommends highest ever dividend

Firm reduced net debt by Rs 29,390 crore taking consolidated net debt to Rs 75,389 crore in FY21

Flipkart opens all-women run fulfilment centre in Coimbatore

Spread across 120,000 sq ft, the centre will employ over 1,200 people at full capacity

Voda Idea cuts loss by 39.5% to Rs 7,022 cr on lower exceptional expenses

Posts highest-ever EBITDA margin, on the back of lower operating and exceptional expenses; lags peer on ARPU

Tractor manufacturers, global suppliers to outperform in Q2

In the domestic market, passenger vehicle makers are in a better position as compared to two wheeler companies

Asset monetisation drive of beleaguered BSNL, MTNL hits roadblock again

The Union government is facing hurdles as far as getting the land use changed for the assets of BSNL and MTNL.

Financial creditors to take 95% haircut on Rs 7,800 cr Jet Airways dues

Jalan-Kalrock to pay only Rs 385 crore; NCLT asks govt to make slots available for new owners in order to successfully revive the airline