Page 2590 - Company News

Warburg Pincus ends JV with Lemon Tree Hotels for student housing

"Apparently, Warburg was not happy with the way the JV had progressed in the last two-three years," said sources

Flipkart hires Bain & Co partner Dinkar Ayilavarapu as VP-corp strategy

Reports to CEO Kalyan Krishnamurthy; Development comes amid company plans for IPO

Truck rentals on key trunk routes down by further 5-7% in past fortnight

Poor fleet utilisation, lack of return loads weighs on capacity of transporters to repay truck loans, puts question mark on business viability

Route Mobile appoints Owen as chief executive officer for Europe, Americas

He will be based in the UK (London) office

Tauktae: Restore power since oxygen supply is at stake, says India Inc

Representatives of major industry associations and chambers of commerce also asked for real-time information about the cyclone and its trajectory

After strong Q4 performance, Asian Paints faces multiple challenges

The Covid wave, rising raw material costs can impact near-term sales

Lufthansa to operate flights between India and Germany via Bahrain

Lufthansa said it will operate its 10 weekly flights between India and Germany via Bahrain instead of Dubai from Sunday due to recent restrictions imposed by the UAE government

Isro team at Sterlite Copper plant to fix snag affecting oxygen production

Vedanta Ltd owned Sterlite Copper plant has roped in experts from ISRO to help rectify the technical glitch developed in the cold box of its oxygen plant, leading to a suspension in production of th

Covaxin effective against India, UK coronavirus strains: Bharat Biotech

Bharat Biotech said its Covid-19 vaccine 'Covaxin' has been found to be effective against coronavirus strains found in India and the UK

Go Air explores legal action against Go Holdings over brand rights

Dispute mentioned in airline's DRHP under 'risk factors'

'Macrotech to invest Rs 2,800 cr in FY22 on construction of realty units'

Realty firm Macrotech Developers will double its investment on construction to Rs 2,800 crore in this fiscal to speed up works at various projects

Airtel announces benefits for low-income customers amid Covid crisis

Bharti Airtel announced special benefits for low-income customers on its network to help them stay connected during the ongoing pandemic

Planes to gas cargoes: Cairn identifies $70-bn Indian assets for seizing

UK's Cairn Energy has identified $70 billion of Indian assets overseas for potential seizure to collect $1.72 billion due from the government

Godrej & Boyce expects double-digit growth in healthcare biz going ahead

Consumer goods firm Godrej & Boyce is looking at double-digit growth in its healthcare business going forward

Sales of AC, other cooling products again hit by pandemic in peak season

For the second consecutive year, sales of air conditioners (ACs) and refrigerators have been hit during the peak season of April and May due to the localised lockdowns

McDonald's plans Rs 100 cr investment to open 30 outlets this fiscal

Westlife Development, which operates McDonald's restaurants in southern and western region in India, plans to invest Rs 100 crore to open up to 30 outlets in the current financial year

M-cap of eight most valued India companies falls Rs 1.13 trillion

Only Reliance Industries Limited and State Bank of India book gains on a weekly basis.

Jet Airways' annual general meeting on June 8: regulatory filing

The firm suspended operations more than two years ago

Tech Mahindra appoints 'Wellness Officer' to help workforce amid Covid

The new role has been created to institutionalise holistic wellness of all associates and to ensure access to medicine, hospitals and other medical supplies, says the IT firm

Zensar Technologies signs agreement to acquire US-based M3bi

This acquisition will be completely funded by internal accruals. Financial details of the deal were not disclosed