Page 727 - Company News

Godrej Storage Solutions to invest Rs 400 cr in new unit near Chennai

GSS said it has made significant investments to expand capacity and build capability to serve its customers

Air India unveils voluntary retirement, separation schemes before merger

The Tata Group-owned airline introduced voluntary retirement scheme for employees with at least five years of service, and voluntary separation scheme for those with less than five years of service

DVC to be corporatised, divided into 3 entities keeping ownership intact

DVC functions under the Centre's Ministry of Power

DLF to expand housing, commercial property biz: Chairman Rajiv Singh

"The markets response to our products continues to be very encouraging. It is with this conviction that we are entering new geographies like Mumbai and Goa," he said

Higher discretionary sales, store growth key for gains in Avenue Supermarts

Consolidated net profit rose 17.5% Y-o-Y in Q1FY25 helped by general merchandise and apparel sales

Swiggy, Zomato may hike platform fee further to Rs 10-15, say restaurants

Many restaurants ask for high commissions charged by food delivery platforms to be slashed

AI solutions firm Tredence to expand India operations, to hire more staff

Plans to increase its workforce in India by 60 per cent by mid-2025

Volume outperformance, steady results factored into Bajaj Auto's valuations

The company expects to outperform the 7-8 per cent growth in the domestic 2W industry on the back of growth in the 125cc+ segment and the launch of CNG motorcycle 'Freedom 125'

Citi to boost investment banking headcount in India betting on M&A surge

The momentum is expected to continue with South Korean carmaker Hyundai Motor's India unit eyeing a $3-billion IPO

Voda-Idea expands L900 tech in Kolkata to enhance network infrastructure

L900 is an advanced technology that aims at providing a stronger 4G indoor coverage experience for users, with superior calling and faster data speeds, Vi said in a statement

TVS to invest 200 mn pounds in Norton Motorcycles; India launch on plan

The Solihull, UK-based company seeks to expand in the US, Germany, France, Italy, and India, TVS said

Merger pains: Air India announces VRS scheme for permanent ground staff

Sources stated that approximately 500-600 employees, out of a total of 18,000 from the two carriers, are expected to be retired or separated

JSW MG to launch 5 cars in next 12 months: CEO Emeritus Rajeev Chaba

MG currently sells five models in India -- Hector, Gloster, Astor, Comet and ZS. The first three are internal combustion engine-run cars while the last two are electric cars

Hybrid cars 'best solution' until non-fossil energy is widespread: Suzuki

EVs, hybrids could have 33 per cent share each in Indian market by 2035: Suzuki

MCA allows multiple KYC updates throughout the year for directors

Earlier, once annual KYC was filed, mobile numbers and email IDs could not be updated till April the next year

Byju's may challenge NCLT's insolvency proceedings order against its parent

Sources say the company may approach NCLAT in the next few days

OIa founder calls to create India's own AI stack, use DPI to build datasets

To be leaders on the AI front, Aggarwal elucidated that the country needs the government and the industry to adopt AI applications

L&T Finance planning to resume retail bond issuance in H2FY25: CFO Joshi

Firm stepping up borrowing through Commercial Paper to make the most of soft interest rates

India an important market, looking for double-digit growth: Canon

The company sees India as a "high potential" market for its traditional products and services, ranging from imaging to printers business, said Canon Marketing Asia President & COO Tiger Ishii

Facilities management firm Krystal keen on hiring Agniveers post-term

Firms like Krystal can be a "good bridge" between the exiting Agniveers and the corporate sector looking for right candidates to protect premises in which high amounts have been invested, he said