Page 2691 - Company News

TCS bullish on growth from telecommunications and media over next 2-3 years

Signs a five-year deal with Vodafone Netherlands to deploy its TwinX platform

Menda Family Office plans to foray into private equity, industrial parks

The Menda family sold a commercial property portfolio of 12 million square feet (msf) to Canada-based Brook­field Asset Manag­ement last year for Rs 14,000 crore

Anil Ambani-owned Reliance Naval's debt resolution gets delayed yet again

Bid submission date extended for fifth time as NCLT grants five more months to lenders to complete resolution process

Uber pledges Rs 10 cr free rides to aid vaccination of vulnerable citizens

Beginning March 8, Uber will roll out these free rides in a staggered manner across 35 Indian cities

Cognizant announces bonus higher than 2019, promotes 24,000 employees

The company is also offering about 1,60,000 employees with merit increases globally, and has promoted more than 24,000 employees across every level

Betting on pent-up demand, Berger Paints speeds up expansion plans

Berger is in the process of setting up a Rs 700-cr plant in Uttar Pradesh

Wipro Consumer Care to sharpen focus on home care, go slow on hygienics

Move follows tapering demand for hand-wash and sanitisers

AM/NS India inks pact with Odisha govt for Rs 50,000-crore steel plant

The MoU for the Odisha plant comes shortly after AM/NS India completed a year of operations

Indiabulls Housing Finance raises Rs 1,091 cr via foreign currency bonds

The firm issued foreign currency convertible bonds

Foresight Group eyeing Shipping Corporation of India for its LNG business

The group, in a consortium with Belgium's Exmar NV and Dubai-based GMS, is a preliminary bidder for the national carrier as govt looks to privatise SCI by selling 63.75% stake

Flipkart considers US listing, may seek at least $35-bn valuation: Report

Flipkart's advisers have approached several SPACs, said one of the people, who asked not to be identified as the information is not public

Jio, Airtel balance sheets can absorb costs despite spectrum buys: Moody's

Moody's also expects operators to opt for deferred spectrum payments, thus helping to mitigate the effect on liquidity and cash flows

Mindspace REIT plans to raise up to Rs 450 cr through issue of securities

Mindspace Business Parks REIT on Thursday said the company plan to raise up to Rs 450 crore through the issue of debt securities.

ArcelorMittal Nippon Steel to set up Rs 50,000 cr integrated unit in Odisha

The plant, coming up at Kendrapara, is in addition to other investments of AM/NS in the state such as 6MTPA pelletization plant in Paradeep, beneficiation complex in Keonjhar and slurry pipeline

Godrej Interio bags orders worth Rs 250 crore for three metro projects

The metro projects are located in Bengaluru, Mumbai and Kochi

RailTel launches prepaid wi-fi services at 4,000 railway stations

With the launch of these prepaid plans, a passenger can now use up to 30 minutes' free wi-fi per day at 1 mbps speed

Traders' body asks Amazon to back off from RIL-Future Group deal

Traders' body AICPD and NGO Prahar in an open letter on Thursday asked Amazon to 'back off' from blocking the Reliance-Future Group deal

upGrad to offer free Covid-19 vaccines to all employees and their families

The leading edtech firm will also facilitate shots for ex-employees in a move that could potentially benefit upwards of 10,000 individuals

Wipro to acquire UK-based consultancy Capco for $1.45 billion

The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in the quarter ending June 30, 2021

HC suspends tender process for privatising discom in UT: Torrent Power

In February, Torrent Power had emerged as the highest bidder in the tender for power distribution in the Union Territory of Dadra & Nagar Haveli and Daman & Diu.