Page 2662 - Company News

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

Bad loan recognition likely to weigh on stocks of public sector banks

Earnings improvement over two quarters was without proportionate lending growth

Durables firms fear slowdown in rural regions as Covid-19 cases rise

During unlock, most consumer goods makers, including durables majors, turned their attention to small towns and rural areas

New capex to drive Prestige Estates' rental portfolio scale up

The company is expected to be debt free by the end of June quarter

CCI orders antitrust probe against WhatsApp's new privacy policy

CCI said that with no fear of erosion of its userbase, Facebook-owned WhatsApp was in a position to compromise quality in terms of protection of individualised data

Adar Poonawalla rents London mansion for $69,000 a week, says report

The mansion is one of the largest residences in the neighborhood and measures about 25,000 square feet (2,322 square meters), the equivalent of about 24 average English homes

Gas-fired stocks to charge ahead as demand for cleaner fuels rises: Experts

Rising availability and demand for cleaner fuels will aid growth

TVS Group's family members enter into 'brand agreement'

Entities controlled by various members of the TVS family may have executed, or will execute, similar deeds of adherence to become parties of the brand agreement.

Securing digital networks: NSDT to scrutinise wide range of telecom gear

Global telecom gear makers say that the new rule will make it difficult for Chinese equipment players to enter the Indian market.

Malabar Gold & Diamonds to invest Rs 1,600 crore in FY22 on 56 stores

This is in line with the company's expansion plan to triple its retail network from over 250 showrooms this year to 750 outlets by 2023

IndiGrid to raise equity via rights issue, use funds for expansion

County's first listed infrastructure investment trust aims to acquire Rs 8,000 crore worth of assets: CEO

Prestige Estates to take over $1.4-billion project from bankrupt firm

The court-appointed insolvency resolution professional Jayesh Sanghrajka declined to comment when reached by phone

Covaxin manufacturing may get a booster shot as demand for vaccines grows

Bharat Biotech also has another site at Bengaluru that is currently making vaccines other than Covaxin

Amid controversy, IIM Calcutta Board accepts director Seth's resignation

Seth's position as Director-In-Charge has been replaced by Professor Subir Bhattacharya.