Page 3419 - Company News

Learning from Nestle, Unilever might be better off out of food business

Unilever must take some of the blame for its own predicament. Its rival Nestle SA has managed steady sales growth, while pulling off some canny acquisitions and disposals

Mondelez, Ferrero among chocolate majors to post healthy top-line growth

Nestle India, which dominates the confectionery space with leading brands like Kitkat and Munch, continues to hold the third spot in revenue.

Airbus selects India based Axiscades for fuselage, product development

Since its incubation in 2011, the engagement between the two partners have evolved to cater to increasingly crucial projects with the aerospace major, the release said

Europe's largest intercity bus network plans to enter Indian market

FlixBus operates on the same model as cab service aggregators such as Uber or Ola

Govt looks to move debt out of Air India balance sheet before stake sale

The official also said the government is trying to work out some formula to further make the deal more sweeter

No plans to expand, JSPL hopes to become debt-free in 4 yrs: Naveen Jindal

Speaking at the India Economic Conclave 2019, he however said his company will no longer expand in newer areas

Daimler seeks majority control of its main China joint venture: Report

Daimler, which owns the Mercedes-Benz brand, declined to comment on its China expansion plans. BAIC did not respond to requests for comment.

Indian IT giant Wipro recognised as top employer in Australia for 2020

The IT behemoth endeavours to adopt people practices that are innovative, human centric and help them realise their potential.

Lupin's arm Nanomi BV completes stake divestment in Kyowa Pharma

Last month, Lupin's board had approved the stake sale in Kyowa

Fujifilm weighs up acquiring Hitachi's diagnosis imaging business

Fujifilm has been expanding into healthcare, having recently bought a drugmaking business from US-based Biogen Inc

Roche to complete $4.3 bn acquisition of Spark as regulators give all clear

The Federal Trade Commission (FTC) and Britain's Competition and Markets Authority (CMA) approved the deal on Monday without demanding asset sales

Zilingo acquires Sri Lankan firm nCinga Innovations for $15.5 million

The acquisition would help Zilingo scale up its global supply chain capabilities

Nasscom opposes US bill S.386, says could have damaging effect

Nasscom Vice-President and Head - Global Trade Development Shivendra Singh said Nasscom strongly supported the removal of the per country caps on green cards as was the original intent of the Bill

Patanjali gets one more week to complete Rs 4,350-cr Ruchi Soya deal

A three-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya extended the deadline to December 23

WeWork enters Hyderabad co-working space with 7,000 desk capacity

Company makes aggressive foray into city in contrast with gradual capacity build-up elsewhere, is sure of faster occupancy here as city posted highest office-space absorption in one quarter

Mindtree launches Immersive Aurora, set to develop new tech experience

The company is collaborating with global software company PTC to "unleash new possibilities and transform interactions" throughout the customer experience and Industry 4.0 touch points

BSNL aims to save Rs 1,300 cr in FY20 after VRS becomes effective: CMD

On merger with MTNL, Purwar said discussions have started and boards of both the companies have met on a common platform

In just 3 weeks, over 10,000 London drivers register on Ola ahead of launch

The SoftBank-backed ride-hailing firm is expanding rapidly across the UK since its launch last year

Decline in PV, two-wheeler inventory may help smooth transition to BS VI

Commercial vehicles are yet to see relief in terms of unsold inventory levels

Seven planes of cash-strapped Hong Kong Airline impounded for non-payment

The rule allows the city's air regulators to impound planes for non-payment of charges and that aircraft can be sold after 60 days if the account is not settled