Page 2933 - Company News

CMS planning to hire 1,000 employees in next two months as it expands

CMS is planning to hire 1,000 employees in the next two months with salaries upward of Rs 30,000 per month as it expands into service vertical of cash collections

NTPC synchronises one more unit of 3,300 MW power plant in Bihar with grid

The power producer has been setting up five units with 660 MW capacity each, spread across 3,200 acres of land at Barh in Patna district

Covid-19 impact: IKEA to adopt omni-channel approach for expansion in India

With the changing consumer behaviour due to the health crisis, online business will play a "very important role" for IKEA, which plans to expand in India with an omni-channel approach

Eicher Motors: Premium segment could face near-term headwinds, say analysts

Eicher will also benefit from a growing market for the premium segment within the motorcycle industry

Sun Pharma bullish on specialty biz, looks to expand to new geographies

Sun Pharmaceutical Industries Managing Director Dilip Shanghvi said the company''s strategy of developing the specialty business as an additional growth engine has started delivering results

Dr Reddy's enters Rs 28,000 cr market with multiple sclerosis drug in US

The company's product is a therapeutic equivalent generic version of Biogen's Tecfidera delayed-release capsules, the Hyderabad-based drug firm said in a statement

OYO to triple room count in Himachal Pradesh by 2022: CEO Ritesh Agarwal

Agarwal told Thakur that the state is among the strongest performing markets for OYO and the company is committed to doubling economic opportunities and presence in the state shortly

Does govt have Rs 80,000 cr to buy, give out vaccine, Serum Inst chief asks

Experts say even as vaccine is being developed, govt should put in place its strategy for distribution and procurement instead of waiting for the vaccine to be ready

NTPC proposes to stop land acquisition for greenfield coal-based projects

By 2032, state-owned NTPC plans to add 32 GW of renewable generation capacity to its portfolio through organic and inorganic routes

Reliance Retail receives Rs 7,500 cr from Silver Lake for a 1.75% stake

Mukesh Ambani's Reliance Industries Ltd on Saturday said it had received Rs 7,500 crore from US private equity firm Silver Lake Partners, which had picked up 1.75 per cent stake in its retail arm

Mindtree co-founder, family sell 466,000 shares; holding down at 2.01%

The transactions were carried out by Krishnakumar N, wife Akila Krishnakumar and son Siddarth in multiple tranches between September 15-23, Mindtree said in a regulatory filing on Saturday

Nissan to launch slew of new vehicles in China over next five years: CEO

"The recovery in the Chinese market has been very remarkable, and our key segments have returned to the previous year's level if not slightly better," CEO Makoto Uchida said

Amazon to host 'Handicrafts Mela' from Sept 26 to support artisans, weavers

Over 800,000 artisans and weavers associated with 1,500 Amazon Karigar sellers and 17 government emporiums including Tantuja, Harit Khadi, Tribes India will benefit from this mela

Credit metrics of leading pharma companies to remain stable: ICRA

The global demand scenario for Indian pharmaceutical industry is largely expected to remain stable due to inelastic nature of prescription drugs, investment information agency ICRA has said.

Berger capex remain unaffected amid pandemic, aims higher market share

The company was implementing a few strategies to narrow the gap with the market leader Asian Paints that commands about 50 per cent share in the paints industry

Jio's post-paid plans indicate shift towards higher ARPU regime: Ind-Ra

Reliance Jio recently-announced post-paid plans indicate the telco's continued steps towards improving the industry-level average revenue per user, according to India Ratings and Research

Vodafone wins long battle against India over Rs 20,000 cr retro tax demand

India told to bear 60% of Voda's legal costs amounting to over £4 million; FinMin tells govt to consult counsel and consider all options

Trai drops probe against Voda Idea on priority plan as telco tweaks offer

Telecom regulator Trai has decided to drop proceedings against Vodafone Idea Ltd (VIL) in priority plan matter after the telco withdrew contentious claims on faster speed and modified its offering

SAIL board restructuring gets ACC approval, to bring in greater efficiency

The Appointments Committee of the Cabinet (ACC) has approved the restructuring of the Board of Steel Authority of India Limited

NTPC drops plan to bid for BSES discoms, cites lack of transparent process

The power retailing rights are currently controlled by joint ventures of Reliance Infrastructure and the state government.