Page 965 - Company News
IT giant TCS looks to double staff in France over next three years
TCS is aiming to double staff in France over the next three years as it sees handsome business growth in the European country, a senior official said on Thursday.
 "IT giant TCS looks to double staff in France over next three years")
Volvo Bus India bags order for 122 premium coaches from Odisha govt
"We are honoured to be selected as the preferred partner for this landmark initiative by OSRTC and the Government of Odisha," VE Commercial Vehicles MD and CEO Vinod Aggarwal said in a statement
 "Volvo Bus India bags order for 122 premium coaches from Odisha govt")
Food delivery giant Swiggy to slash 6% of workforce to trim costs: Report
The job cuts would impact about 350-400 employees across teams including technology, call centre, and corporate roles, the report said, the report stated
 "Food delivery giant Swiggy to slash 6% of workforce to trim costs: Report")
Microsoft Translator adds two new languages, Chhattisgarhi and Manipuri
Further, the company now claims to cover more than 95 per cent of the Indian population in terms of its language support options in Microsoft Translator
 "Microsoft Translator adds two new languages, Chhattisgarhi and Manipuri")
Mukund Rao joins engineering services firm Xoriant as prez, global markets
Prior to joining Xoriant, he was the Chief Business Officer of Banking, Financial Services at LTIMindtree
 "Mukund Rao joins engineering services firm Xoriant as prez, global markets")
Swiggy planning fresh layoffs; may cut 7% from 6,000-strong workforce
Swiggy plans to reduce its employment by 7 per cent, affecting 400 employees across teams like technology, call centers, and corporate roles
 "Swiggy planning fresh layoffs; may cut 7% from 6,000-strong workforce")
Adani Green Energy raises Rs 2,337 crore capital through issue of warrants
As per the filing, as many 6,31,43,677 warrants of Rs 1,480.75 each totalling Rs 23,37,51,57,789 are issued
 "Adani Green Energy raises Rs 2,337 crore capital through issue of warrants")
Adani Power Q3 results: Net profit rises multi-fold to Rs 2,738 crore
The company had reported a profit of Rs 9 crore in the third quarter of 2022-23
 "Adani Power Q3 results: Net profit rises multi-fold to Rs 2,738 crore")
Kinetic Green to launch E-Luna in February, bookings start on January 26
Consumers can secure their E-Luna by pre-booking on the Kinetic Green website for an amount of Rs 500. Kinetic had started a pilot around September in some locations of Maharashtra
 "Kinetic Green to launch E-Luna in February, bookings start on January 26")
Tata Power to hold 'lok adalat' for north Delhi consumers on January 28
The special court will start at 10 am near Venkateshwar Global School in Rohini Sector-13, the Tata Power Delhi Distribution Limited (TPDDL) spokesperson said
 "Tata Power to hold 'lok adalat' for north Delhi consumers on January 28")
Air India to take delivery of 5 more A350s by June: CEO Campbell Wilson
As Tata Group's takeover of loss-making Air India completes two years on January 27, Wilson also said that on average, one aircraft will arrive every six days throughout 2024
 "Air India to take delivery of 5 more A350s by June: CEO Campbell Wilson")
CCI approval for stake buy does not give Burmans 'clean chit': Religare
On Tuesday, the Competition Commission of India (CCI) approved the acquisition of 31.27 per cent of additional stake in Religare Enterprises by four entities of Dabur India promoter Burman family
 "CCI approval for stake buy does not give Burmans 'clean chit': Religare")
HDFC Bank sees period of consolidation as it absorbs mega merger: Report
The lender's quarterly earnings last week prompted a sharp 15% decline in the stock, even as its profit beat expectations, as analysts raised concerns about lending margins
 "HDFC Bank sees period of consolidation as it absorbs mega merger: Report")
Zomato Payments gets RBI approval to operate as payment aggregator
The food delivery platform incorporated Zomato Payment Pvt Ltd in August 2021 with the purpose of applying for payment aggregator authorisation
 "Zomato Payments gets RBI approval to operate as payment aggregator")
Maruti Suzuki, J&K Bank partner to provide financing solutions to dealers
"The MoU is surely a big step towards providing vital inventory funding support to Maruti Suzuki's extensive dealer network seamlessly across the country," J&K Bank MD & CEO Baldev Prakash said
 "Maruti Suzuki, J&K Bank partner to provide financing solutions to dealers")
Jindal Steel cuts export forecast on Red Sea crisis, weaker EU, US demand
The company is exploring "new options" and a "variable freight model", Jindal said, as part of efforts to deal with the challenges posed by attacks launched by the Iran-allied Houthi militia on ships
 "Jindal Steel cuts export forecast on Red Sea crisis, weaker EU, US demand")
SC denies bail to Yes Bank realtor Sanjay Chhabria in money laundering case
A bench of Justices Bela M Trivedi and Pankaj Mithal said the offence is serious and the high court considered everything
 "SC denies bail to Yes Bank realtor Sanjay Chhabria in money laundering case")
HDFC Bank sees period of consolidation as it absorbs mega merger: Report
Before the merger, the bank's return on equity was above 17 per cent, but it has since declined to 15.8 per cent as of December-end
 "HDFC Bank sees period of consolidation as it absorbs mega merger: Report")
Hindenburg report anniversary: We have emerged stronger, says Gautam Adani
Sustained focus on operations yielded the highest-ever quarterly profit in the second quarter of current fiscal, Gautam Adani said
 "Hindenburg report anniversary: We have emerged stronger, says Gautam Adani")
DLF sales bookings jump 2-fold to Rs 13,316 cr in Apr-Dec on high demand
In the 2022-23 fiscal, DLF's sales bookings stood at a little over Rs 15,000 crore, and it is likely to clock higher numbers in the current fiscal
 "DLF sales bookings jump 2-fold to Rs 13,316 cr in Apr-Dec on high demand")