Page 2919 - Company News

SITA plans to augment manpower as it sees more opportunities in India

Currently, the centre employs around 400-500 workforce, excluding the ones working with its various offshore partners here

Clix Group submits offer for up to 90% stake in Lakshmi Vilas Bank

Clix, backed by AION Capital, had submitted its letter of intent to LVB on June 15

Amazon, Flipkart in rapid expansion mode to tap upcoming festive season

Amazon India has expanded its fulfilment network in Karnataka with the launch of a new specialised fulfilment centre -the largest in India

Infosys inks pact to acquire Blue Acorn iCi for around Rs 915 crore

This acquisition deepens Infosys' capabilities in the Adobe, Magento, Salesforce Commerce and Shopify ecosystems

ITC plans to take fresh dairy business deeper into West Bengal and Bihar

The firm's fresh dairy products are available in 24 cities in Bihar, while in Bengal, it has tapped Kolkata

Valli Arunachalam issues legal notice to Murugappa family members, others

The development comes after the shareholders of AIL voted against the induction of Arunachalam into its board

Infosys looks to double headcount in Canada in 12-18 months: Nilekani

The Aadhaar architect pointed out that Canada is a great centre for artificial intelligence (AI) and University of Toronto and Montreal are big centres for the new-age technology

Passenger vehicle retail sales up 9.81% in September to 195,665 units

Other than PVs, tractors remain the only segment to show growth in sales while all the other segments continue to be in red

Chennai's EOW arrests DHFL promoters for cheating investors of Rs 218 cr

According to the police, a case was registered by the EOW on the direction of the Madras High Court, against DHFL and 11 others

Origo does first securitised agr-commodity transaction in capital markets

This transaction creates an alternative asset class through Agri-commodities

Ahead of festive sale, Amazon pumps Rs 700 cr into digital payments arm

Amazon Pay has received the infusion from Amazon Corporate Holdings Private Limited, Singapore and Amazon.com Inc Limited, Mauritius, according to the documents filed by Amazon

Realty firm Mahindra Lifespace ties up with Extramarks Education

Realty firm Mahindra Lifespace on Thursday said it has partnered with edutech company Extramarks Education for providing online learning to its customers, brokers and employees at a discounted rate.

One-third of emerging cos may not get restructuring benefits: Ind-Ra

Ind-Ra on Thursday said a third of the mid and emerging corporates (MEC) having turnover of under Rs 750 crore rated by it could be ineligible for restructuring loans despite being "vulnerable"

Tata Tech, GKN Automotive set up e-mobility software centre in Bengaluru

Spread over 12,650 sq ft, the unit will leverage Tata's expertise in electric and embedded systems, and its ability to attract talent to work on GKN Automotive's e-drive

Telcos expected to speed-dial ARPU improvement, raise tariffs, says Icra

The telecom tariff hike is imminent as service providers need to make sizeable payouts on statutory dues, spectrum buys, regular revenue share obligations and auction instalments Icra Ratings said

Govt appoints Dinesh Kumar Khara as SBI chairman for three years

Khara, one of the bank's four managing directors, replaces Rajnish Kumar, who is stepping down after being at the helm for three years.

Unemployment, diseases emerge top challenges for business leaders: Report

'Unemployment' is the main concern for business executives globally, followed by 'infectious diseases' that progressed by 28 spots to emerge as the second-most recurring risk, according to WEF survey

TCS beats estimates on faster demand recovery, announces Rs 16K-cr buyback

In dollar terms, revenues stood at $5.42 billion, an increase of 7.2 per cent over the same period of the last financial year.

Amazon notice to Future on RIL deal: India's raging retail war explained

Amazon has sent a legal notice to Future Group, alleging the Indian retailer breached the terms of its contract by signing a deal with Mukesh Ambani's Reliance Industries

Future Group to go for mediation over Amazon's legal notice on RIL deal

Amazon.com Inc has slapped a legal notice on Future Group, alleging that the retailer's Rs 24,713 crore asset sale to Reliance Industries violated an agreement with the e-commerce giant