Page 3437 - Company News

Barclays opens largest single-site campus in Pune; first outside London

This campus will play a pivotal role in creating a working space that truly facilitates collaboration and accelerates innovation, transforming the way we work and do business, Barclay Group CEO said

Workers fired from Google to file complaint, allege 'unfair retaliation'

Company officials wrote in a memo that four workers were fired for searching for and sharing business information that was not connected to their jobs

Stalemate on JSPL's Odisha iron ore continues; SC defers hearing

The Odisha government and JSPL have been in dispute over royalty payment for the iron ore for more than 5 years now

Maruti to hike prices from Jan; M&M, Toyota, Mercedes may follow suit

Other car manufacturers such as Toyota, Mahindra & Mahindra and Mercedes-Benz said they are also contemplating a similar move

GKN Aerospace to open facility in Pune, focus on assembly of wiring systems

It would operate alongside the existing joint venture for wiring systems in Bengaluru, which is serving the defence market

Caplin Steriles gets US FDA approval for generic blood pressure drug

The company has so far developed and filed 13 ANDAs on its own and with partners, and received six approvals

Biocon elevates Chief Financial Officer Siddharth Mittal as Joint MD & CEO

Mittal takes over from Arun Chandavarkar, who retired on November 30 after 29 years at Biocon

Bad loans spike at Altico Capital India amid restructuring plan pushback

Some creditors to Altico Capital India Ltd., which focuses on real estate lending, are concerned that the absence of fresh equity in the proposal fails to address a dramatic surge in bad loans

Wipro Consumer Care acquires South African personal care company Canway

The 'Oh So Heavenly' brand enjoys market leading position in multiple categories such as Bath & Shower, Hand Creams, Fragranced Body Sprays, and Kids Products, Wipro said

NCDRC asks Sahara India to pay claimants under its accidental death scheme

The commission also imposed a cost of Rs 2 lakh on the Chief Executive of Sahara India Commercial Corporation, along with a stern advice of caution for its unfair trade practices

Government considers easing foreign control rule to aid Air India sale

The rule mandates that control of an airline always remain in Indian hands, one of several reasons global firms have been wary of bidding for Air India Ltd

Sterlite Power acquires Lakadia-Vadodara Transmission Project from PFC

Power Finance Corporation arm PFC Consulting is the nodal agency for auctioning power transmission projects in the country

Is bike-taxi service the next big thing ?

At present, Uber is doing more than 4 million rides a day. In order to expand its service, the company is willing to partner local players

Thomas Cook India to acquire brand rights for India, Sri Lanka, Mauritius

Thomas Cook (India) Ltd has signed an agreement with AlixPartners, Thomas Cook UK's appointed Special Managers for the complete ownership of the brand name across these markets

Siddharth Mittal succeeds Arun Chandavarkar as CEO, Joint MD of Biocon

Mittal has been serving as Chief Financial Officer of Biocon since August 2014

With history of bankruptcy, top Yes Bank investor may not meet RBI norms

Erwin Braich's troubled history will make it difficult for him to clear the "fit and proper" criteria for investments in banks, say analysts

Airtel, Voda Idea and Jio to hike mobile, data tariffs by up to 40%

Tariff hike for Airtel and Vodafone will be effective from Dec 3, while for Jio the new rates will be applicable from Dec 6

HDFC Bank sees signs of rural revival as wider economy remains sluggish

For HDFC Bank, the weaker economy had led to a slowdown in loan growth, which eased to 15 per cent in the September quarter from 23 per cent a year earlier

JSW Steel eyes to supply 1.5 lakh tonne to metro rail projects in FY20

In October and November, the steel major supplied more than 30,000 metric tonnes JSW Neosteel TMT bars towards construction of metro projects in various cities of the country.

Hyundai pads up for diesel car monopoly with implementation of BSVI norms

From April 1, 2020, BSVI emission norms for automobiles will become mandatory across the country