Page 739 - Company News

Gig workers Bill may hurt ease of doing biz: Startups to Karnataka govt

The startup and tech company group said that very wide powers of inspection have been granted to the state government, which are excessively broad and vague

Unilever job cuts: HUL to assess parent's global initiatives for its biz

Unilever recently told employees it will slash a third of office-based jobs in Europe by end of 2025

Tata Power steps up efforts to rejig debt, working capital measures

As of March 2024, Tata Power's consolidated debt stood at Rs 49,480 crore

Q1 results preview: Niche US products, domestic growth may boost pharma biz

Brokerages expect aggregate sales growth of 11 per cent, and 21 per cent earnings growth during this period

IIFL Finance's gold loan book shrinks by over Rs 7,000 crore in Q1

Follows RBI curbs on lender in March this year

Tech centre of our efforts to transform, scale: Kotak Mahindra Bank MD, CEO

Vaswani highlighted that the most important stakeholder in the bank are customers

Goldman challenges result of Federal Reserve's 'stress test': Report

The tested banks overall saw losses of 17.6 per cent to existing loan balances on credit cards and among them Goldman Sachs recorded 25.4 per cent in losses

Indian AC industry likely to double in next four years: Blue Star

Company is optimistic about its future business outlook, given changing weather pattern, resulting in hotter summers coupled with new and resilient product portfolio in residential and commercial ACs

Central processing centre sees better results on forms shifted from RoC

The Ministry of Corporate Affairs plans to shift an additional 14 such forms from the Registrar of Companies (RoC) offices to the CPC by the end of this financial year, sources informed

Builders cut project completion time by 20% in top 7 cities: Anarock

In last decade, average time taken to complete small projects of less than 500 units across these 7 cities was 4 years, while builders took 4.9 years to complete large projects of more than 500 units

Real estate demand to remain buoyant in India, says Abhinandan Lodha

Lodha firm targets Rs 2,400 cr revenue in FY25

Work from office near pre-pandemic levels, will stop tracking soon: TCS

We actually have come to the point where we believe we are coming back to almost the same levels as we were pre-pandemic times, chief of human resources, Milind Lakkad said

Industry body urges FM Sitharaman to continue 45-day MSME payment rule

The government in last year's Budget added a new clause under Section 43B of the Income Tax Act to address the challenge of delayed payments faced by MSMEs in the country

Softbank nominee likely to join Oyo board as non-executive director

Sources, speaking on condition of anonymity, said the move signals SoftBank's bullish stance on Oyo, in light of the company turning profitable

Dabur expects consumption uptick in FY25, power brands to drive growth

The 2023-24 fiscal saw a slowdown in consumption led by rural demand, which was impacted by high food inflation and erratic rainfall

Govt proposes mandatory labelling for bulk pre-packaged commodities

Proposed amendment would require manufacturers, packers, and importers to provide comprehensive labelling on all pre-packaged goods intended for retail sale, regardless of quantity

Govt likely to pay bond interest dues of MTNL, assuring no default

Amid mounting financial woes, MTNL last week informed in a statutory filing that it is unable to make interest payments to certain bondholders 'due to insufficient funds'

PC Jeweller to raise Rs 2,705 cr via warrants; focus on loan settlement

In a regulatory filing on Saturday, PC Jeweller informed that its board has approved the proposal to raise funds up to Rs 2,705.14 crore by preferential issue of fully convertible warrants

Macrotech acquires 3 land parcels during April-June quarter in Mumbai, Pune

During 2023-24, the company added many new land parcels to build housing projects with a potential sales value of over Rs 20,000 crore

Signature Global to launch housing projects worth Rs 13k cr by March: CMD

Already, Signature Global has achieved Rs 3,120 crore in sales bookings during the April-June quarter, a 3.5 times jump from Rs 820 crore in the year-ago period