Page 2585 - Company News

Govt orders inquiry into ONGC western offshore mishap that took 26 lives

Questions are being raised why so many persons were still at sea despite forecast of Cyclone Tauktae; Company officials said other barges managed to reach safer location but cyclone changed its path

Bajaj Allianz to offer up to Rs 1 cr support to Covid effected employees

Bajaj Allianz Life on Wednesday said it will offer financial support of up to Rs 1 crore to the family of its employees impacted by COVID-19.

NBCC bags a contract worth about Rs 597 crore in Uttarakhand

State-owned construction firm NBCC (India) Ltd said it has bagged a contract worth about Rs 597 crore in Uttarakhand

Karur Vysya Bank donates Rs 1 cr to TN State Disaster Management Authority

Karur Vysya Bank on Wednesday said it has donated Rs 1 crore to the Tamil Nadu State Disaster Management Authority from its CSR funds to fight the current pandemic.

Wipro to vaccinate 100,000 employees and their dependents starting June

Ties up with top-tier hospitals and tech-enabled online-to-offline delivery platform specialising in primary care and urgent response services

Wipro expects to access about 100,000 doses of Covid vaccine for employees

IT major Wipro on Wednesday said it expects to have access to about one lakh doses of COVID-19 vaccines for its employees and their families, beginning early June.

Women are overworked, underpaid, and more stressed: Deloitte study

The working hours have increased for women, and so has household responsibilities, says Deloitte Women@Work report. While Indian companies are doing enough to check-in, not enough to ensure work-life

Oyo announces bereavement policy for Covid-19-impacted staff and families

Eight months' pay in full to family of deceased, term insurance payout equalling three years' annual pay, education support for children, medical cover for survivors

PhonePe seeks to acquire Indus OS to take on Paytm, Google Pay, Amazon Pay

The acquisition would help PhonePe in its "super app and vernacular language" strategy to integrate various apps on its platform.

Tata Projects secures Rs 2,000 crore order from Chennai Metro Rail

Tata Projects has won an order from the Chennai Metro Rail to build a nine-kilometre underground stretch with four stations for an estimated cost of Rs 1,999 crore.

Covi-19: Audi India extends warranty, service period till June 30

Customers facing challenges owing to the lockdown will benefit from these extended plans,

Royal Enfield recalls about 237,000 motorcycles on ignition coil defect

Royal Enfield said it will recall close to 236,966 motorcycles across some models due to defects in the ignition coil that can cause misfiring and, in rare cases, an electric short circuit

Covid: Tata Motors extends free service, warranty period on CVs by 1 month

Tata Motors said it has extended the warranty and free service period by one month for those commercial vehicle customers whose tenures are due between April 1 and June 30

Bank of Baroda Q4 result preview: Here is what leading brokerages expect

Maintaining an optimistic view relative to the previous two brokerages, Motilal Oswal expects BoB's net profit to grow 82.6 per cent YoY to Rs 925 crore on the back of a sharp decline in provisions

Hindustan Unilever to provide free oxygen concentrators in Delhi, Bengaluru

Fast-moving consumer goods major Hindustan Unilever Ltd (HUL) on Wednesday rolled out an initiative to make oxygen concentrators available free-of-cost to patients in Delhi NCR region and Bengaluru

TCS explains how it's remotely managing 400,000 employees during pandemic

Company retains talent by focusing on reskilling employees, incentivising them to stay on.

Standard Chartered to reimburse Covid expenses of 25,000 employees

Bankers are particularly vulnerable as they have to keep branches open; already over 1,000 bankers have passed away due to the pandemic

S&P revises outlook on Tata Motors to stable on improving underlying demand

S&P said the company's sales for the fourth quarter of fiscal 2021 indicate a material improvement in underlying demand for both commercial vehicles and passenger cars

Vedanta restarts medical oxygen production at Sterlite Copper plant

Oxygen production at Vedanta Ltd's copper smelter plant or Sterlite Copper located in Thoothukudi was restarted on Wednesday, said a company official

Anupam Rasayan bags orders worth Rs 540 cr to supply speciality chemicals

Anupam Rasayan on Wednesday said it has bagged orders worth Rs 540 crore from two multinational companies for supplying speciality chemicals