Page 2632 - Company News

Richard Verma appointed as Mastercard's Head of Global Public Policy

Former US Ambassador to India Richard Verma has been appointed as General Counsel and Head of Global Public Policy of Mastercard, according to an announcement by the financial services corporation

Haffkine Institute gets govt's approval to produce Bharat Biotech's Covaxin

Last month, Uddhav Thackeray had sought central nod to manufacture Bharat Biotech's Covaxin at Haffkine Institute

Citigroup announces retail business exit from India, 12 other countries

Says it lacks the scale to compete in retail space, will focus on wealth management business

Large but easy to drive, BMW 6 Series GT lives up to its 'grand tourer' tag

The car serves up comfort on long drives

Reliance Jio among the most competitive telcos, says Sunil Bharti Mittal

We have increased our market share, brand loyalty and index, and we're getting more customers than the competition in the last 8-9 months, says Mittal

Wistron shakes up India structure, management after factory trouble: report

The move comes after a rampage in December by thousands of Wistron's contract workers

S Korea's SsangYong Motor in receivership as owner M&M fails to find buyer

SsangYong applied to the court in December for receivership after it defaulted on a loan repayment

Amazon launches $250 mn venture fund for Indian startups, entrepreneurs

The fund will specifically focus on encouraging the best ideas to digitise SMBs

Hit by 12% attrition in Q4FY21, Wipro readies arsenal to retain talent

7% pay hike w.e.f. Jan 1 for 80% staff, rest to get one in June, first round of promotions done in Dec 2020, next to begin this June

Covid, ATF prices to push airlines into Rs 10,000 cr loss in FY22: Crisil

The loss is however expected to be 35-40% lower than the projected loss in FY21

Saving SpiceJet: Promoter Ajay Singh faces his toughest challenge

With a series of default notices and sceptical banks, the promoter has a formidable challenge

Bajaj puts brakes on bookings of e-scooter Chetak due to high demand

Attributes move to supply chain uncertainties, receives 'overwhelming' response for model

Facebook signs first deal to buy renewable energy from local firm in India

Facebook has signed a deal to buy renewable energy in India from a local firm's wind power project, the social media giant's first such deal in the South Asian nation, the companies said on Thursday

Cleartrip to retain brand identity even after Flipkart fully acquires it

All employees to be retained even as Cleartrip works closely with Flipkart to further develop technology solutions and make travel simple for customers

Auto plants in Maharashtra scale down operations to align with guidelines

Overall monthly production likely to be hit by 30-40%

IL&FS board revises debt recovery target upwards to Rs 61,000 crore

The board has already addressed debt of Rs 43,100 cr so far and is looking to address about Rs 8,000 cr in the next six months

Covid-19 curfews: Nasscom says laptops and chargers are 'essential'

In its letter to the MIDC, Nasscom has stressed the need for a clarification while stating that e-commerce companies must be allowed to deliver all goods and services

Infosys: Analysts keep the faith despite the disappointing Q4 show

Street expects an upward revision in growth guidance; valuation divergence with TCS to narrow

Domestic growth trajectory to remain strong for Glenmark in near term

Debt reduction key if the stock is to fetch higher valuation multiples

ReNew Power's subsidiaries list $585 million FCBs on India INX

The 7.25 bonds have been assigned ratings of BB- (Positive Outlook) by Fitch and Ba3 by Moody's investor services and are priced competitively at 4.5%