Page 2618 - Company News

Second wave of Covid-19 has hit India 'like a tsunami': Kiran Mazumdar Shaw

The unprecedented spike in coronavirus cases to the recent state elections and religious festivals in the country, says Kiran Mazumdar Shaw

Cognizant reports good numbers in Mar quarter, revises revenue guidance

Net income for the first quarter of CY21 was $505 million, up 37%

CPP Investments pays Rs 1,005 cr for addl 15.9% stake in IndInfravit Trust

Units were bought in two separate deals--7% from Sadbhav Infra and 8.9% L&T IDPL in a deal that will happen later

Ola Electric names former GE executive Balachandar as chief HR officer

Balachandar is a 33-year HR veteran who was most recently group director at Coffee Day; earlier stints include GE Healthcare and GE Capital, Strides Arcolabs and Stanchart

Paytm rolls out pin code-enabled Covid-19 vaccine finder on mini app store

The data has been sourced on a real-time basis from the CoWIN API where a slot can be booked to take vaccination

Insurance giant LIC to have five working days starting from May 10

Saturdays have been declared as a holiday for the insurer.

Samsung in patent infringement suit for LG tech sold to patent troll

Samsung Electronics was recently involved in a patent infringement lawsuit in the United States related to smartphone wireless charging

Covid-19: Google says 20% of workers will be remote, many more hybrid

Google says it expects about 20% of ifs workforce to still work remotely after its offices reopen this fall, while some 60% will work a hybrid schedule

China halting flights to India could hurt pharma supplies, say companies

China supplies 60% to 70% of the raw materials used by India's drugmakers, according to an expert.

After Air India, IndiGo and Vistara roll out Covid-19 vaccination for staff

IndiGo says vaccination of staff complete in Pune and Chandigarh

Telecom companies, gear makers divided over India's 5G spectrum trials

'No point', say some, as technology is now proven

As part of strategic disinvestment, govt, LIC to sell stakes in IDBI Bank

Quantum of stake sale to be decided while structuring the transaction

RBI's Covid relief: Good move, but late, says health care industry

While some companies said they were open to borrowing, others felt their working capital cycle was comfortable

CCI orders probe against Tata Motors for alleged unfair biz practices

The watchdog has directed its Director General (DG), the investigation arm, to probe the matter in detail

JSW Steel's US operations poised for a turnaround amid the pandemic

With modernisation of Baytown plate mill, the utilisations will more than double leading to conversion costs reducing by 33-40 per cent, says company

Sales growth concerns amid second wave cloud Godrej Properties' prospects

Margin trajectory and valuations to limit upsides

Markets may be ignoring banks' NPA risk from second coronavirus wave

New measures allow banks to defer full recognition of NPAs, encourage lending to areas having high probability of defaults

Second Covid-19 wave: Maruti Suzuki's production dips 7% in April

The company had produced a total of 1,72,433 units in the year-ago period, Maruti Suzuki India said in a regulatory filing.

AMC staffers set for bonus boost as industry manages to grow asset base

Bonuses for FY21 may be 20-30% of annual pay; yearly increment can be in high single digits

Adani Enterprises' consolidated net profit rises 282% in March quarter

Adani Enterprises on Wednesday reported 282.2 per cent rise in consolidated net profit at Rs 233.95 crore for the quarter ended March 31, 2021.