Page 2661 - Company News

Telecom companies go all out to keep users glued to digital platforms

The ratio of daily active users as a percentage of monthly active users is a marker of customer stickiness

Supreme Court to deliver judgement in Tata-Mistry case on Friday

A bitter legal and public battle between the two sides erupted when Cyrus Mistry, the scion of the Mistry family, was removed from Tata Sons' board as chairman in October 2016 by its board

Groupe Atlantic to invest Rs 68 cr for 50% stake in SHIL subsidiary

French company Groupe Atlantic would invest Rs 68.3 crore in Somany Home Innovation Limited (SHIL) for 50 per cent stake in its water heater business, as per a regulatory filing.

GMR Hyderabad Air Cargo signs pact with StaTwig for vaccine shipments

The airport serves as a major pharma hub for air cargo and is one of the primary gateways for vaccine exports from India

Tata-Mistry case: Supreme Court to deliver judgement on Friday

As per the Friday's cause list uploaded on the apex court website, a bench headed by Chief Justice S A Bobde would pronounce the verdict

BPCL disinvestment process moving on well, to conclude by Sep-end: DIPAM

The government is selling its entire 52.98 per cent stake in BPCL in the nation's biggest privatisation till date

BSNL, MTNL to get spectrum for 5G services without participating in auction

The government will administratively allocate spectrum to telecom public sector units BSNL and MTNL for 5G and future services, Union Minister Ravi Shankar Prasad informed Parliament on Thursday.

Mukesh Ambani sees a 'tsunami of opportunities' for entrepreneurs

Indian entrepreneurs are now capable of providing world-beating quality at competitive costs, said the RIL chairman at the virtual 22nd Entrepreneur of the Year - India (EOY) 2020 Awards ceremony

Social e-commerce platform CityMall raises $11 mn in new funding round

CityMall will use the funds to strengthen its supply chain, logistics and expand to 20 new cities.

Snapdeal launches fast track payment option, aims to help small businesses

'Jaldi Payments' will slash payment receipt time by 76 per cent and help sellers use capital to expand their business, says company.

Tata Cleantech, JICA sign 10 bn yen loan deal for climate change projects

The loan will support Tata Cleantech to mitigate the impact of climate change by offering green finance

Shriram Transport declares second dividend of Rs 6 per share for FY21

The company has also elevated Umesh Revankar as the Vice Chairman and Managing Director with effect from April 1, 2021

Zydus Cadila receives tentative nod from USFDA to market two HIV drugs

The drug will be manufactured at the group's formulation manufacturing facility at the SEZ Ahmedabad

Soc Gen Securities Services deploys TCS BaNCS across multiple locations

SGSS was looking for a platform that met its strategic objectives of providing standardised corporate actions processing and cash management services, and consistent customer

Jubilant FoodWorks to bring Popeyes to India, Bangladesh, Nepal, Bhutan

Jubilant FoodWorks has entered into an exclusive master franchise and development agreement with PLK APAC Pte Ltd, to establish and operate Popeyes restaurants in India, Bangladesh, Nepal and Bhutan

ABT enters wellness segment with flavoured drink under 'Mirakle' brand

Mirakle is more effective than oral vitamin C capsules and the absorption rate of nutrients in the drink is 98 per cent

Ralf Speth, ex-CEO of JLR, to take over as TVS Motor chairman in 2023

Venu Srinivasan says Speth, an industry veteran, will mentor company in its international plans.

Infosys appoints Chitra Nayak as independent director

IT services major Infosys on Wednesday announced the appointment of former Salesforce executiveChitra Nayak as an independent director.

Deals back for IT firms but shortage of skilled workforce a concern

According to an industry executive, attrition is likely to reach pre-Covid levels of 17-20 per cent as employees switch jobs.

DHFL debt resolution to spill over into FY22

The lenders expecting to resolve one of India's biggest default worth Rs 90,000 cr in March quarter will have to wait longer