Page 2870 - Company News

Wipro, SAP collaborate to help organisations improve productivity

Wipro announced it has entered into an agreement with enterprise application software provider SAP to offer advanced customer-specific content and training assets and boost productivity.

Strong deal pipeline to sustain L&T Infotech's growth trajectory

Margins could face some pressure in the near term

Hilton expands presence in Rajasthan by opening first DoubleTree

Hospitality major Hilton on Wednesday expanded its presence in Jaipur by opening of Double Tree by Hilton, Amer.

Early bird results show unlocking gains, net profit of 104 firms rises 9.8%

Cement makers and metal producers clearly show the impact of an uptick in prices of their products and a fall in costs boosting their profitability

FMCGs, retailers continue to forge direct consumer link as lockdown eases

Retailers continue to innovate on last-mile delivery; FMCGs focus on digital channel

Bajaj Fin: Worst case scenarios play out as stress builds across portfolios

Bajaj Finance has indicated that its rural and urban consumer businesses were at 91 per cent and 72 per cent of year-ago volumes and so far the lender has restructured only Rs 252 crore of loans

Improving outlook can bring back shine in Hindustan Zinc

Rebounding zinc and firm silver prices will add to gains from rising production

Bajaj Finance Q2 profit down 36% to Rs 877 crore on increased provisioning

The Pune-headquartered company said new loans booked during the second quarter dropped 44 per cent to 3.61 million

Hindustan Copper board to consider raising funds by issue of shares via QIP

This will be to the extent of 15 per cent of existing paid up equity capital, the state-owned company said in a filing to BSE

No-frills carrier AirAsia India gets its first Airbus A320Neo aircraft

No-frills carrier AirAsia India has joined the league of Airbus A320Neo operators in the country

Post strong Q2 show, L&T Infotech hopeful of meeting margin, revenue goals

After a sharp increase in profit margins for the September quarter, Larsen & Toubro Infotech, is now confident of achieving its 14-15 per cent net income margin target

BPCL Trust for Investment in Shares sells scrips worth Rs 1,489 cr in BPCL

The BPCL Trust for Investment in Shares on Wednesday offloaded shares worth over Rs 1,489 crore in Bharat Petroleum Corporation Ltd (BPCL) through an open market transaction

Weak global business could impact FY21 prospects of Rallis India

Domestic revenues and margins, are however, expected to be resilient

After Mumbai's power outage, Tata power to upgrade city's islanding system

Introduced in 1981, the 'islanding system' developed and executed by Tata Power is unique and the only such power system in the country

Former Tesla CIO Jay Vijayan's start-up Tekion joins unicorn club

The company raised $150 million at a valuation of over $1 billion in a round led by Advent International

Volume growth, realisations and cost controls help UltraTech beat estimates

Despite being twice the size of ACC, UltraTech's domestic sales volume at 18.52 million tonnes (MT) grew 20 per cent year-on-year

StanChart GBS' largest office globally coming up in Chennai's DLF Downtown

Standard Chartered GBS is leasing 770,000 sq ft to set-up its largest office establishment in this project

Zee Group in restructuring mode; Rahul Johri to head content, revenue

The other key changes include re-designating Punit Misra as president, content and international markets

Yoga, music breaks help Flipsters pull off first virtual BBD sales

While the teams were working from home since March, the question on top of their minds was how they would pull off the BBD sale, if it were to happen virtually

Festive sale: Amazon, Flipkart and Snapdeal add Rs 22,000 crore to cart

RedSeer said the first few days of this year's online sale season saw a more explosive start compared to the last year- and is on track to meet its forecast of $4 billion by end of the event