Page 687 - Company News

Tata's Rs 6K cr plant for iPhones likely to start operations in November

Hosur factory to be second assembly plant for Tata

BPCL plans to invest Rs 1.7 trn to expand core business, new energy foray

The company is targeting net zero carbon emissions from its operations by 2040

Hero MotoCorp gets over Rs 17 cr tax notice from Delhi GST authorities

The company said the tax demand is for Rs 9,38,66,513, interest Rs 7,32,15,880 and penalty Rs 93,86,651 as per the notice

Improving low-cost deposit mobilisation focus area for bank: Canara Bank MD

Rapid growth cannot be expected on the current account side, and it is another challenge to keep them for the long term

Qcom goes international to cash in on last-minute Raksha Bandhan gifting

Blinkit and Zepto are expanding their operations and offering consumers chances to win cars, iPhones, TVs, luxurious overseas stays

Ola Electric's e-motorbike pricing sparks debate across EV industry

Industry views firm's approach as marketing tactic rather than a sustainable model

As Foxconn looks to up India play, 3 South states roll out red carpet

The firm is reportedly looking beyond smartphones and considering segments like ICT, EVs

Cognizant clarifies fresher salary issue, says 'grossly misrepresented'

The IT firm faced significant online backlash over the internet for its low fresher salary offering, with many comparing it to 2002 levels

IndiGo's median salary increase drops to 4.42% in 2023-24: Annual reports

Airline sources stated that the growth was higher in 2022-23 because the airline was normalising the remuneration of employees who had suffered salary cuts during the peak of the COVID-19 pandemic

Foxconn working to set up battery energy storage system unit in India

With an eye on the electric vehicle segment, Foxconn has been expanding its battery manufacturing business, with the first plant already set up in Taiwan

Foxconn business in India crosses $10 bn mark; invests $1.4 bn till date

"So far, till last year, we have done more than USD 10 billion in business size. We will do much more in this coming year," Liu told PTI

Diageo submits financial documents in Delhi police corruption investigation

The documents submitted included certain bank statements, records of financial dealings with the Delhi city agencies

Macrotech net debt rises 43.5% to Rs 4.3K cr in Q1 on higher capex for land

Mumbai-based Macrotech Developers, which sells its projects under the Lodha brand, is one of the leading developers in the country

US-based Burger King loses infringement suit against namesake Pune eatery

Pune district judge Sunil Vedpathak, in the order on August 16, said the city-based eatery 'Burger King' was operating even before the US burger joint opened shop in India

Entry-level pay for engineers at Rs 4-12 lakh, best in industry: Cognizant

The firm also faced social media ridicule for doling out annual salary hikes of as low as 1 per cent

KRN Heat to float initial share sale in Sep, collects Rs 9.54 cr in pre-IPO

KRN Heat Exchanger's initial paper was filed in January 2024, comprising entirely a fresh issue of 1.93 crore equity shares

Consumption to revive in coming qtrs, e-commerce to drive growth: Bata CEO

The company expects e-commerce, which is now a "profitable and viable business

Witnessing J-curve growth, ITI Mutual Fund eyes Rs 1 trillion AUM in 5 yrs

As of July 2024, the company's AUM grew nearly 90 per cent year-on-year to Rs 8,763 crore

Confident of outperforming industry in domestic, global markets: TVS Motor

In international markets, CEO Radhakrishnan exuded hope to perform better in key markets like Africa

LIC agents earn Rs 10k a month in HP, Rs 20k/month in Andaman & Nicobar

According to data provided by LIC to the Finance Ministry, the average monthly income was the highest at Rs 20,446 a month for LIC agents in the Andaman & Nicobar Islands