Page 2918 - Company News

A star exit: Why is there an element of surprise in Uday Shankar departure?

Shankar was 46 when he took over as CEO of Star India, then a Rs 1,600-crore floundering broadcaster. Disney Star is now a Rs 18,000-crore powerhouse and India's largest media firm

CCI dismisses unfair business practices complaint against Hindalco, Vedanta

The Competition Commission of India (CCI) closed the matter as the informant was not able to substantiate the allegations made against the firms

Titan to exit JV with Montblanc, focus on primary biz, exclusive brands

During its five years of JV with Titan, Montblanc opened 12 boutique stores in the country and established an e-commerce business through Tata's online portal TataCliq

Brokerages expect V-shaped recovery in corporate earnings in second qtr

Nifty50 firms' combined net profit likely to jump 24%, against 50% contraction in Q1

India's richest club sees nine new entrants; Ambani dominance continues

Half of the nation's 100 richest saw gains rising a collective 14% to $517.5 billion, says Forbes

Recovery in freight volumes to help revival of logistics players

Exim rail volumes at 4.3 million tonnes have hit their highest levels since August last year

Cadila: Rebound in domestic formulations to add to US sales, drive earnings

In the US, Cadila is expected to gain from improvement in realisation for its product range led by drug shortages

Equity raise, qualitative growth, likely challenges for incumbent SBI chief

SBI's share of loans under moratorium was the lowest among PSBs at 10 per cent; clearer picture on asset quality likely by December

TCS surpasses Accenture to become most-valuable IT services firm globally

At the last closing price of Rs 2,825, TCS was valued at $144.73 billion, (Rs 10.6 trillion), while Accenture is currently at $142.4 billion

Car makers drive in top-of-the-line models in defiance of slowdown

Buyers have been lapping up new model launches, show booking and sales trends

Sebi asks ICICI Securities to amend research note on Vedanta, plans probe

brokerage published a report downgrading the stock from 'hold' to 'reduce' citing reduced book value approved by Sebi

Sahara says it has returned Rs 3,226 cr, promises to pay off all depositors

Promising that every investor will be repaid, the official said in the last 10 years the group has paid maturity payment of a massive Rs 1.4 trillion to its 57.6 million investors

Adani Enterprises raises Rs 125 cr through NCDs on private placement basis

The company said it has allotted 1,250 NCDs.

Paytm targets a million apps on its mini app store to take on Google

Paytm founder Vijay Shekhar Sharma called Google "judge, jury and executioner" after his app was temporarily removed from the Android app store last month

We want all our stakeholders to be rewarded post Q2: Tata Consultancy COO

In a Q&A, N Ganapathy Subramaniam explains why his company went for a pay hike in the face of economic concerns brought on by the pandemic

Voting on Jet Airways revival underway, decision after October 16

Kalrock Capital is the favourite to win the bid with social media also abuzz about lenders choosing it

Spreading wings: Vistara plans international flight with expanded fleet

Hopes to capture travellers bound for Europe who want direct flights

TCS launches 10 cyber threat management centres to keep enterprises secure

To stay close to customers and keep enterprises secure and cyber-resilient while meeting data and cyber-sovereignty regulations, Tata Consultancy Services has operationalised 10 new TMCs

Jio designed to help India lead fourth industrial revolution: Mukesh Ambani

While it took 25 years for the Indian telecom industry to build its 2G network, Jio built its 4G network in only three years.

Reliance Retail to Titan, retailers defy pandemic woes to add new stores

Top firms setting up outlets even as consumers remain cautious