Page 3450 - Company News

Sundram Fasteners Chairman Suresh Krishna gets 'Quality Ratna' award

"Suresh Krishna has been a role model for the society in embracing the principles of Quality," CII Institute of Quality in its Citation

Finland's Salcomp buys Nokia's defunct unit near Chennai for Rs 215 cr

Salcomp may start operations at the plant by next year, is likely to invest $300 mn over next 5 years

HUL puts customised programmes in place to upskill its staff and plug gaps

HUL is increasing its international exposure for employees, covering not only future leaders and managers, but also interns and junior staff

SpiceJet, Emirates sign codeshare agreement for flight ticket bookings

While passengers of Emirates will be able to access the SpiceJet network first from early 2020, SpiceJet passengers travelling from India to Dubai will also be able to access Emirates' network

BSES discoms, Ola Electric Mobility to set up battery swapping stations

The agreement, valid for a period of three years, will hasten adoption of electric vehicles in the city

LVMH to buy US-based Tiffany for $16.2 bn in its largest ever acquisition

The deal adds Tiffany to LVMH's extensive stable of luxury brands that include Louis Vuitton, Dior and Moet & Chandon and will strengthen its position in the jewellery sector.

Godrej Appliances to invest Rs 700 cr in capacity expansion over next 3 yrs

The fresh investment is aimed at raising the company's annual appliance production capacity by 19 lakh units by 2022, increasing it up to 65 lakh units per annum, it added.

Saudi chemical giant SABIC bets big on India to create future tech products

In March this year Saudi Aramco, the world's biggest oil company, agreed to buy a 70 per cent stake in SABIC

Inox Wind gets SECI extension to commission 550 Mw wind projects in Gujarat

Inox Wind is a player in the wind energy market with three manufacturing plants in Gujarat, Himachal Pradesh and Madhya Pradesh.

Paytm raises a billion dollars at a valuation of $16 bn, plans expansion

Ant Financial and SoftBank back it with full force; money will go for expansion in small cities, towns

Reliance likely to make bid for RCom and its related companies today

Bharti Airtel also likely to reconsider its decision and bid

After sacking Thapar as chairman, CG Power eyes his removal as promoter

Thapar, who was non-executive chairman of the company, was removed by its board on August 29

Explained: Is mobile tariff hike by Airtel, Vodafone Idea justified?

Telcos have reduced their tariffs so much that they earn only Rs 75 per user per month, nationally

BPCL conundrum: Govt sure of good returns, but says it's race against time

Govt officials and industry experts confident that the Centre's stake in BPCL can be sold at a premium of 20-30%

SpiceJet faces liquidity crunch, plans to raise Rs 750 crore via QIP

The prolonged grounding of the Boeing 737 MAX aircraft has put pressure on the airline's cost control

The many 'Colors' of Sony: Getting Viacom18 will keep growth engines going

If Sony is indeed acquiring Viacom18, it will become the largest media company after Disney Star

Smartphone maker OnePlus launches first Experience Store in Coimbatore

The company, which currently operates five retail stores in India, will also start a research and development unit in a market which accounts for one third of its revenue

Amar Ujala buys majority stake in Cygnus Medicare for Rs 130 crore

Cygnus Medicare currently has more than 1,000 beds across its 10 super speciality hospitals in Delhi and Haryana.

Zolostays in talks with Credit Suisse for around Rs 710 crore funding

In January this year, Zolostays had raised $30 million in Series B funding round led by IDFC Alternatives, Mirae Asset and Nexus Venture Partners.

USFDA red flags Torrent Pharma's US-based arm for manufacturing violations

The plant's water system was not adequately designed, controlled, maintained, and monitored to ensure it consistently produced water that met specifications and appropriate microbial limits