Page 2703 - Company News

India Inc likely to offer average salary increment of 7.7% this year

E-com, venture capital-backed firms to give best raise at 10.1%: Aon survey

RIL gets Sebi approval to hive off O2C business into independent subsidiary

Company again mentions that its talks with Aramco for what could be one of the largest downstream transactions in India are on

Adani forays into data centre business, sets up 50:50 JV with EdgeConnex

In addition to full-scale data centres, AdaniConneX will also develop a portfolio of Edge data centres strategically located across the country to address the need for more proximate capacity

Govt eyes Rs 6,200 crore in AGR dues from Airtel, Voda Idea by March 31

DoT says 10% of the outstanding on day of SC verdict last year has to be paid by Airtel, Vi

CPPIB floats joint venture with Bengaluru's RMZ to tap office properties

Canada pension fund manager plans to infuse Rs 2,500 cr into the venture

Bharti Airtel, US chipmaker Qualcomm team up for 5G push in India

Telecom operator Bharti Airtel and US chipmaker Qualcomm on Tuesday announced collaboration for accelerating 5G in India.

Cure.Fit to hive off business verticals; virtual classes in focus

The company's virtual training sessions, which saw traction as gyms were closed during the pandemic, are expected to be housed under a separate entity headed by Ankit Gupta

Ventilator companies scramble for other ways to utilise capacities

Doctors are now shifting treatment protocol for Covid-19 at hospitals and invasive ventilation is not being preferred

BoB: No more merger-led constraints, power of three becoming more evident

Post results, analysts have raised Bank of Baroda's FY22 estimated price to book to 0.5x from 0.3x. This is the first valuation upgrade in nine years

Mahindra CIE: Margin gains, recovery in Europe biz key for the stock

To derisk the electric vehicle risk in Europe, the company is looking at increasing its market share in crankshafts, non-engine parts such as steering knuckle and aluminium forgings

After record FY21, brokerages' revenue growth to moderate in FY22: ICRA

'The ongoing investor exuberance is expected to wane gradually. The trading volumes are expected to moderate compared to the peak witnessed in the last few months,' says an ICRA official

Tata Consumer to replace Gail India in Nifty 50 effective March 31

Move is expected to result in passive inflows of $89 million (Rs 650 cr) in Tata Consumer. Gail could see outflows of $57 million (Rs 410 cr)

Gati-KWE to set up 150,000 sq ft surface transhipment centre in Delhi

The facility has been conceptualised to achieve economy of scale and provide unparalleled customer service

Amazon partners with Mahindra Electric to include EVs in delivery fleet

The e-commerce major would continue to work with several OEMs to build a fleet of 'Made in India' electric vehicles that ensure sustainable and safe delivery of customers' orders

Vishwanathan Anand to mentor at Tech Mahindra's phygital Chess League

Global Chess League is an extension of the various partnerships its has with different sports- from FIFA to Indian Premier League's Kings XI Punjab

India's smartphone market set to cross Rs 2-trillion mark in 2021

Market size shrunk in 2020, but higher volumes and ASP expected to set new benchmarks

Bharati Defence liquidator looks to sell company as going concern

The reserve price has been set at Rs 615 crore, according to Deloitte Touche Tohmatsu India

Blast at UPL plant kills two, Gujarat govt orders closure of unit

The company has been directed to pay ex-gratia to the next of kin of the deceased workers

Cochin Shipyard bags Rs 10,000-crore Navy order for six missile vessels

The yard has delivered two of India's largest double hull Aframax tankers each of 95,000 DWT

NTPC inks pact to buy GAIL's 25.1% stake in Ratnagiri Gas and Power

Ratnagiri Gas and Power Pvt Ltd is commonly known as Dabhol project