Page 116 - Companies

Reviewing CCI's decision to evaluate next steps, committed to users: Google

Hit hard by 2 back-to-back fines by Competition Commission of India, Google on Wednesday said that it is committed to its users and developers and reviewing the decision to evaluate the next steps

Recovery in rural India, market share key for Colgate-Palmolive growth

Management optimistic about growth as stock valuation stays unchanged for India's largest oral care company

Eye on the prize: Ten-baggers still abound amid tepid benchmark returns

The analysis is based on 1,401 companies with their September-end price data since 2004

Reverse auction must be done away with in solar: Vikram Solar vice chairman

In a Q&A, Gyanesh Chaudhary dwells on the gaps in the PLI scheme for solar projects and his company's current and future plans in this space

Dove, other Unilever aerosol dry shampoos recalled over cancer risk

Unilever Plc recalled popular brands of aerosol dry shampoo, including Dove, after discovering they were contaminated with a chemical called benzene that can cause cancer

IT deals becoming smaller amid rising digital projects, says new report

The terms of a smaller deal can be chosen according to their own personal advantage by the parties in a smaller contract

Several startups in India may lose their Unicorn status, says report

In total, around 105 start-ups in India attained the status of Unicorns between 2018 and 2022 but the active number of unicorns has now been reduced to 84

Softbank-backed health unicorn Cerebral to lay off 20% of its staff

SoftBank-backed digital mental health company Cerebral is laying off about 20 per cent of its staff as it restructures its business

Sivakasi's Rs 6,000-cr fireworks industry aims for international market

The 6000 crore fireworks industry of Sivakasi, which has turned mainly into green crackers, is now planning to tap the international firecracker industry hitherto dominated by Chinese players

Asia's biggest buyout: Toshiba valued at $16 billion by JIP in takeover bid

A consortium led by Japan Industrial Partners Inc. is considering a takeover of Toshiba Corp. at a valuation of about 2.4 trillion yen ($16.1 billion) in what could be Asia's biggest buyout this year

Air India appoints Henry Donohoe as head of safety, security & quality

Air India has appointed Henry Donohoe as the Head of Safety, Security and Quality from November 7

Rights issue: Lull after 3 stormy years, mop-up Rs 2,867 crore in CY22

Mop-up Rs 2,867 cr in CY22, as against Rs 25,335 cr in same period last yr

Even as overall hiring slows down, no dearth of jobs for senior execs: Rpt

The demand for CXOs has been relatively high in the industrial and manufacturing sectors, auto, chemicals, financial services, and energy firms

Covishield production stopped in Dec 2021, says Serum Institute's CEO

CEO Adar Poonawalla said Serum Institute of India stopped producing Covishield vaccine from December 2021 and of the total stock available at that time, about 100 million doses had already expired

DCX Systems sets price band at Rs 197-207/share for its Rs 500 cr IPO

DCX Systems, a manufacturer of cables and wire harness assemblies, on Friday announced a price band of Rs 197 to Rs 207 per share for its Rs 500-crore initial public offering (IPO). The initial share-sale will open for public subscription on October 31 and conclude on November 2, the company said. The company has cut the size of its fresh issue of equity shares to Rs 400 crore from Rs 500 crore planned earlier. Apart from the fresh issue, the IPO comprises an offer-for-sale of equity shares to the tune of up to Rs 100 crore by promoters -- NCBG Holdings Inc and VNG Technology. The company proposes to utilise the net proceeds from the fresh issue towards debt payment, funding working capital requirements, investment in its wholly-owned subsidiary Raneal Advanced Systems to fund its capital expenditure expenses and general corporate purposes. According to the company, 75 per cent of the issue size has been reserved for qualified institutional investors, 15 per cent for non-instituti

More companies will have to focus on profitability in future: Nikhil Kamath

If interest rates continue at their current trajectory, the appetite will go down, impacting the consumption and the markets, co-founder of Zerodha and True Beacon said

ICICI Bank Q2 net profit may rise 35% YoY on solid loan book, say analysts

ICICI Bank Q2 preview: Better credit growth, including for mortgages and unsecured loans, should drive up margins, leading to healthy core profitability, analysts said

Musk says overpaying for Twitter but it has 'incredible potential'

Admitting that he is "obviously" overpaying to acquire Twitter, Elon Musk has said that the micro-blogging platform has great potential in the long term.

Adani Transmission wins Rs 1,300-cr smart meter deal from Mumbai's BEST

Devices enable customers to online monitor their power consumption, says Adani about multi-year deal

AI receives over 73,750 applications for cabin crew, pilots in 2 months

Air India, which has embarked on expansion plans, on Thursday said it has received more than 1,752 applications for pilots and 72,000 applications for cabin crew in the last two months. The loss-making carrier, taken over by Tata group in January this year, has also received more than 25,000 applications in a little over a week from management postgraduates with three years' experience in ground-based business roles. Also, the airline has received more than 2,000 applications for a new tech centre in Kerala for various positions, including developers, architects, cyber security professionals, programme managers and UX visual designers. The carrier, which had not recruited in non-operations areas for more than 15 years, is quickly adding talent in all spheres of its business, including for commercial functions, business support services and operations, according to a release. "The airline's aggressive expansion plan, which has already seen 17 long-grounded aircraft return to the ski