Page 898 - Company News

Indian firms report strongest hiring outlook for Jun quarter 2024 globally

India's net employment outlook has strengthened by 6 per cent since April-June 2023 and is down 1 per cent when compared to the same period last quarter

Byju's shuts all regional offices, asks 15,000 employees to work from home

The move has been in place for the past few months as part of a restructuring exercise as the struggling edtech giant faces a severe funding crunch and battles lenders, according to the sources

L&T Finance, L&T Infra Credit, 5 NBFCs surrender registration certificates

Following this, the central bank cancelled their Certificate of Registration (CoR) as they ceased to be a legal entity after amalgamation, merger, dissolution or voluntary strike-off

GE Aerospace inks flight operations software contract with Air India

Air India group to use GE Aerospace solutions to optimize flight operations

Tata Group stocks fall amid IPO uncertainty, m-cap plunged by Rs 27,385 cr

Tata Investment Corporation and Artson Engineering fell 5 per cent each

Planning to set up public sector unit to provide tech: Salesforce India CEO

The US-based company is looking to tap various opportunities in the government sector in areas such as postal services, education, subsidies to the citizens and healthcare services, said Bhattacharya

Attractive valuations of city gas distributors after recent price fall

Domestic gas consumption in CGD declined to 26.5 mmscmd in January

Aditya Birla Finance may merge with Aditya Birla Cap within next 12 months

This is the second instance of such a merger in the NBFC space. Earlier, Tata Capital Financial Services merged with its parent entity Tata Capital from January 1, 2024

British American Tobacco to sell ITC stock worth $2-3 bn this week: Report

London-listed BAT has been speaking with Bank of America Corp. and Citigroup Inc. about a potential divestment of around $2 billion to $3 billion in ITC stock through block trades, the people said

ITC inks pact with Narne Hotels and Resorts to open Welcomhotel in Coorg

With this agreement, ITC Hotel group further strengthens its presence in Karnataka, where it currently operates 11 hotels and over 1,300 rooms under various brands

M&M posts 40% growth in SUV sales in Feb, overall production grows by 26%

The company has been increasing its production steadily and as of February 1, it had opened bookings for around 226,000 SUVs

First-time car buyers now choosing SUVs: Hyundai India COO Tarun Garg

Garg expressed his disagreement with concerns that the drop in hatchback sales implies that several first-time buyers are being edged out of the car market itself

Triveni Engineering acquires 25.43% stake in Sir Shadi Lal Enterprises

Triveni Engineering is one of the leading integrated sugar producers in the country. It is also into engineered-to-order high speed gears & gearboxes and water and waste water management business

Spectrum auction: All eyes on Airtel, may spend Rs 3,800 cr, analysts say

Bidding intensity to be low as Jio, Airtel still have spare network capacity for 5G

Adani's Dharavi project to begin survey for rehabilitation of residents

Starting with Kamla Raman Nagar from March 18, the survey will collect data from lakhs of informal tenement residents, according to a statement

Hyundai to target performance-oriented niche segment with N Line range

COO said the average age of N Line customers is 36 years as compared to Hyundai's other customers of the normal range which is at 38 years

AstraZeneca, Mankind Pharma partner for distribution of asthma medication

Mankind Pharma, a pharmaceutical company in India, boasts a vast distribution network with over 16,000 field personnel and 13,000 stockists

Gautam Adani, Qualcomm CEO discuss artificial intellgence, semiconductors

The two leaders met in Mumbai on Monday morning to discuss India's potential around semiconductors, AI and mobility, according to a social media post by Adani

Rakesh Gangwal sells shares of InterGlobe Aviation worth Rs 6,785 crore

InterGlobe Aviation's promoter Rakesh Gangwal on Monday sold shares worth Rs 6,785 crore of the company through open market transactions.

Coromandel Int'l delivers 200 drones to women SHGs to modernise farming

Prime Minister Narendra Modi virtually hand over 1,000 drones, including 200 drones supplied by Coromandel International, to the members of various SHGs