Page 2634 - Company News

Great Learning focuses on job readiness of students, looks to raise $60 mn

Great Learning, an online education site, is focused on an optimal combination of process, technology and people

State-owned Hindustan Copper raises Rs 5 bn via QIP issue: Details here

State-owned Hindustan Copper (HCL) on Thursday said it has raised Rs 5 billion through issuance of shares to institutional investors

Dr Reddy's to also use govt cold chain infra for Sputnik V distribution

The vaccine would be transported in frozen form by air and road

Gautam Adani may win three more slots on MSCI India Index as shares double

The potential inclusions are seen further boosting wealth for Adani, who has added $20.2 billion to his net worth this year, the second-biggest increase among the world's billionaires

Shortage of key chemical hits Bharat Biotech's Covaxin ramp-up plans

Bharat Biotech is trying to ramp up capacities of Covaxin to 12 million doses per month by July, from the current 5 million doses per month

Infosys net profit rises 17.5% in Q4, announces Rs 9,200-crore buyback

FY22 revenue growth forecast at 12-14%

Bharti Airtel to merge digital arm with itself in corporate revamp

With this, Bharti Airtel will house all digital assets such as Wynk Music, Airtel X stream, Airtel Thanks, among others, and all future digital products and services

Toshiba CEO resigns, shares surge on bidding war expectations: Details here

Toshiba Chairman Satoshi Tsunakawa will become chief executive, the company said in a statement.

Aditya Birla Capital board approves initial public offering of AMC arm

The board has approved an offer for sale of up to 2.8 million shares at face value of Rs 5 held by the company in the AMC, the firm said in a notification to exchanges, according to reports

RINL privatisation prompts Posco to explore new locations for steel plant

Andhra govt has invited Posco to set up a unit at Krishnapatnam, but steel major has not taken a decision yet

Apollo Tyres forays into truck and bus tyre segment in US, Canada

Apollo Tyres on Wednesday announced its foray into the truck and bus tyre segment in the US and Canada, following the launch of its passenger vehicle range in the two markets.

Tatas to invest in realty, digital arms with TCS dividend booster

Will also pay Tata Teleservices AGR dues

Office leasing in 7 cities falls 48% in January-March, says report

Net leasing of office space fell 48 per cent during January-March across seven cities due to the COVID-19 pandemic, but demand for the flexible space from corporates has increased, according to Cushman & Wakefield.

Infosys attrition at high of 15%; to hire 25,000 from campuses in FY22

Firm says had also offered pay hikes to retain talent

Maharashtra curbs: FMCGs chalk out production, distribution plans

Focus on fewer brands, smaller packs; inventory to be moved closer to target markets

GE Power India to acquire 50% equity stake in NTPC GE Power Services

GE Power India's board on Wednesday approved the acquisition of 50 per cent stake in NTPC GE Power Services Pvt Ltd for Rs 7.2 crore.

AIFs seek co-investment vehicles to allow bespoke deals for key investors

Global market for such deals has been on the rise since at least 2012; one fund exploring opportunities in India.

Weak product cycle could lead to further market share loss for Maruti

Higher commodity prices could worsen its margin profile

Most Indian firms look to fill open roles internally: LinkedIn report

The report stated that seven in 10 companies in India said the main reason they hire internally is to gain an insider's perspective or a sense of progress.

Change in tax structure prompted India Inc to favour buybacks again in FY21

In 2020-21, Indian firms offered to buy back shares worth Rs 39,295 crore, or 97% more than Rs 19,972 cr proposed in the previous financial year