Page 2983 - Company News

Ujjwal Kanti Bhattacharya takes charge as NTPC Director of projects

State-owned power giant NTPC on Friday said Ujjwal Kanti Bhattacharya has taken charge as its Director (Projects)

Third wave of IT outsourcing expected post Covid-19 to benefit India

Post Covid-19, a third wave of IT outsourcing after the previous ones in the year 2000 and 2008 is expected, which would benefit Indian IT companies and tech jobs

On-board meal service in flights to resume soon as govt lifts ban

In-flight meals were banned when air transport had resumed on 25 May to counter the spread of the virus

Biz Buddy: Tamil Nadu's faceless grievance redress mechanism for industries

A first of its kind in India, Tamil Nadu's Biz Buddy is an industry helpdesk that facilitates monitoring and time-bound resolution of issues

Tata Sons AGM: Mistry family raises questions over losses in group firms

The meeting, attended by Tata group CEOs and the group patriarch, Ratan Tata, was chaired by N Chandrasekaran, who countered the allegations made by the Mistry representative at the AGM

Fee discord stokes company-auditor divorces amid Covid-19 pandemic

So far this year, nearly 12 firms have reported resignations by their auditors due to disagreement over fees

Max Group to relist its arm Max India on stock exchanges on Friday

Max India, which got delisted in June, had announced plans to invest Rs 300 crore over the next four years to develop a housing project for senior living in Noida, Uttar Pradesh

PM Narendra Modi urges industry to play a larger role in defence

Prime Minister Narendra Modi delivered an 18-minute speech on Thursday, talking up the government's "self reliant India" policy in defence

Group promoters recommend Puneet Bhatia as nominee in Shriram Transport

Shareholders of Shriram Transport Finance Company had recently voted against Bhatia's reappointment as director

Covid-19 likely to impact 5% IT employees in India, take away 200,000 jobs

The Indian IT and BPM sector employs around 4.4 million people, directly and indirectly. Every year, around 2-3 per cent of the employee base get impacted owing to performance related issues

Steel firms set to raise prices from Sept on higher costs, global prices

JSW Steel said on Thursday that it had started the roll-out of JSW Radiance, a steel colour-coated product range in high-gloss feature with multiple variants

Tata Sons makes Rs 16,439 crore provisions for telecom business

For the fiscal year, at the consolidated level, the company's profit after tax has come down to Rs 10,916 crores from Rs 28,463 crores, mainly due to an increase in exceptional items

TikTok ban: ByteDance says moving quickly to resolve issues in India, US

"I can assure you that we are developing solutions that will be in the interest of users, creators, partners, and employees," ByteDance Chairman said

HCL sets up its first European Cybersecurity Fusion Center in Sweden

IT services major HCL Technologies on Thursday said it has set up its first European Cybersecurity Fusion Center in Gothenburg, Sweden

GMR group to list airport business, raise Rs 5,000 crore via securities

This will be the first airport company to be listed on the Indian stock exchanges

Ease information disclosure norms for privately placed NCDs: FIDC

At present SEBI rules require standalone financial information for at least last three years and auditor qualifications from the entity seeking to issue NCDs

Vistara to show yoga-based flight safety video in A321neo, B787-9 aircraft

Vistara from Thursday onwards will introduce a new flight safety video in its A321neo and B787-9 aircraft that will combine necessary safety instructions demonstrated through various Yoga asanas

TikTok's American makeover takes a hit after CEO Kevin Mayer steps down

Beyond losing a CEO, Mayer's departure bruises TikTok's makeover into an American company that's not beholden to the Chinese government

Share prices of Future group firms rise on hopes of deal with RIL

RIL entry will lead to Amazon's exit from promoter entity

Hong Kong-based PAG picks 51% stake in Edelweiss Wealth for Rs 2,200 cr

PAG has been an active investor in the Asian region and most of its deals involve taking control as is the case with the latest Edelweiss investment