Page 2582 - Company News

Rajasthan govt okays Saint Gobain's Rs 1,200-crore investment plan in state

CM Ashok Gehlot assured the company that the state government would provide the best cooperative environment and support for the investment and future plans

Spanish sanitaryware firm Roca plans Rs 50-cr capital expenditure in India

The company will invest about Rs 50 crore in expansion while planning a greenfield project in 2024-25 in India

S D Shibulal again buys Infosys shares worth Rs 100 crore from wife

Infosys co-founder S D Shibulal bought the shares of the IT major from wife Kumari Shibulal through an open-market transaction, for a second time this week

Ashoka Buildcon bags Rs 1,018-cr order from Maldives' Fahi Dhiriulhun Corp

Highways developer Ashoka Buildcon on Friday said it had bagged an order worth Rs 1,018.36 crore from Maldives' Fahi Dhiriulhun Corporation for design and construction of 2,000 social housing units

Capgemini announces Covid-19 vaccination drive for its 125,000 employees

Capgemini said it's working with Aditya Birla, Reliance, Apollo, MGM and Rainbow to facilitate the vaccination drives.

M&M Q4 preview: Profit may surge over 300%; margins may contract QoQ

According to the monthly sales update provided by the company, Mahindra & Mahindra sold a total of 202,223 units in Q4FY21, up 33.3 per cent from the 151,713 units sold in the year-ago quarter

Hyundai to slash its combustion engine line-up, invest in EVs: Sources

The move is expected to result in a 50% reduction in models powered by fossil fuels

Despite suspension of IPL, game on for fantasy sports platforms

The suspension of the IPL put them on a sticky wicket; its resumption has them feverishly working to keep users engaged and improve their offerings

Near-term headwinds could reverse United Spirits growth trajectory

Margin expansion, debt reduction and higher premium segment sales may offer some support to the stock

Maruti Suzuki ties up with three firms for production of oxygen generators

The company said that as part of that, it has been able to increase the output levels of oxygen generators by over 10 times.

GSK says it aims to bring FDA-approved antibody therapy to India for Covid

Treatment with Sotrovimab resulted in an 85 per cent reduction in the risk of hospitalization, says company.

HUL chairman Sanjiv Mehta sees pay cheque shrink 21% in tough year

Human resources experts said Covid-related challenges were among key reasons for the drop in Mehta's remuneration

Tata Steel's market capitalisation slips below Titan among group firms

M-cap falls 11% in 2 weeks to Rs 1.32 trn, against watchmaker's Rs 1.41 trn

DTH player Dish TV likely to go for rights issue of Rs 1,000 crore

The promoters had offered a substantial portion of their equity as security for the credit facilities availed of by Essel Group

S D Shibulal again buys Infosys shares worth Rs 100 crore via open mkt

Infosys co-founder S D Shibulal on Thursday picked shares worth Rs 100 crore of the firm through an open market transaction.

WhatsApp's legal tussle with govt helps Telegram get a signal booster

Telegram is now number one in downloads, having pushed WhatsApp to fourth position

Paytm plans to launch India's biggest IPO, aims to raise $3 billion

According to media reports, the board of One97, parent company of Paytm, is all set to meet this Friday to formally approve the IPO plan

BPCL says it has no intention to pare down stake in Petronet and IGL

BPCL holds 12.5 per cent of the shareholding in India's largest liquefied natural gas importer, Petronet, and a 22.5 per cent stake in city gas retailer, IGL

Steel companies likely to add 29 million tonnes capacity in five years

With a better financial health, leading companies are now better placed to undertake expansion projects than they were in the past several years

HSBC withdraws from US retail banking to target rich clients, Asia

The move is part of a larger plan by HSBC to invest more in Asia, where it's focused on banking the region's wealthy