Page 2702 - Company News

Infosys took journey to become 'Live Enterprise' 3 yrs ago: Nandan Nilekani

Firm's chief says Live Enterprise is an idea of how companies will be run in the future and a lot of it has come out of Infosys' own experience over the last three years

IIM Lucknow achieves 100% final placements in virtual hiring process

A good number of prestigious first-time recruiters were also on-boarded this time apart from the legacy recruiters offering diverse job profiles

Piramal Enterprises sets up AMC with assets worth Rs 11,000 crore

Piramal has roped in Kalpesh Kikani as Chief Executive Officer

Everstone sells Modern Foods to Mexican firm for undisclosed amount

Grupo Bimbo is the world's largest baking company, operating in 33 countries including India, and has a diversified portfolio of over 13,000 products and 100 brands

Japan's Suzuki Motor bets big on India for its record sales target

Intends to sell 3.7 mn units globally by 2025, with 67% contribution from Asia

Wipro names Rene Mulder as Country Head and MD of Switzerland ops

Mulder said he looked forward to leveraging his industry experience to help further clients' digital agenda and strengthen Wipro's footprint in Switzerland

Alliance Air to commence flight services from Bilaspur to Delhi from March

Air India's regional subsidiary Alliance Air will commence its flight services from Bilaspur in Madhya Pradesh to Delhi, with the option of flying either via Jabalpur or Allahabad from March 1.

Suzuki Chairman Osamu Suzuki to retire, assume role of senior advisor

SMC also said its board has proposed the appointment of Toshihiro Suzuki -- current director and President, and son of Osamu Suzuki -- as the Chairman of the Board of Directors

Margin pressures may offset volumes gains for Schaeffler

Higher content per vehicle, steady aftermarket and exports are growth drivers

Bajaj Allianz Life launches post-retirement fund guarantee plan

Bajaj Allianz Life Insurance on Wednesday launched an insurance plan offering a guaranteed regular deferred annuity during post-retirement life

Honeywell eyes 10% revenue contribution from its SME brand Impact in 2 yrs

Technology firm Honeywell on Wednesday announced setting up of a new segment under brand name Impact

Goldman Sachs-backed ReNew Power to go public in US via $8-bn SPAC deal

The deal will be financed with cash proceeds of $1.2 bn, including $855 mn in investments from serial blank-check dealmaker Chamath Palihapitiya

Web Werks raises $150 mn from Iron Mountain to fuel India expansion

Iron Mountain will be majority stakeholder in the venture, deal will allow Web Werks to speed up expansion across Indian cities and build capacity

Bosch to upgrade Bengaluru unit to AIoT-enabled campus, invest Rs 800 cr

The campus is likely to house the second-highest number of Bosch employees in the world

Reliance Industries prices coal gas from Madhya Pradesh at minimum $6

The firm sought bids from buyers of coal gas it produces from CBM blocks in Madhya Pradesh at a minimum price of about $6 at the current oil price

Tata Power raises Rs 900 cr through non-convertible debentures

Tata Power has raised Rs 900 crore through issuance of non-convertible debentures (NCDs)

Suzuki Motor chairman Osamu Suzuki to retire, become senior adviser

The corporate management direction toward 2030 and 2050 was defined. Therefore, with the expiration of the current term of office, Suzuki will retire, says the automaker

Airtel enters ad tech industry with Airtel Ads; says will not spam

This will enable brands to pitch consent-based and privacy-safe campaigns to over 320 million of its customers, the firm said

Exim Bank extends $100 mn loan to Mauritius on behalf of India

The loan is for for defense-related procurements

IIFL Finance raises Rs 100 crore through non-convertible debentures

The firm it has raised the funds through issuance of non-convertible debentures (NCDs) on private placement basis