Page 137 - Companies

Global M&A braces for dry spell as boardrooms put expansion on hold

Russia's invasion of Ukraine in February and fears that an economic recession is looming dealt a blow to merger and acquisition (M&A) activity

World MSME Day: Oyo announces special 60% discount for small businesses

Approx 2,000 properties across the country will be covered under this scheme

Spandana Sphoorty-Reddy settlement clears way for announcing FY22 results

Padmaja Reddy resigned from her position as the managing director of the company on November 2, 2021. Subsequently, certain disputes arose between Reddy and the board

Corporate profit-to-GDP ratio attains 11-year high of 4.3% in FY22

Performance comes on the back of 48% YoY growth in bottomline. GDP also expanded 19.5% in FY22 after contracting in FY21 due to Covid-19 disruptions

Xpressbees extends same-day delivery for D2Cs to 1,000 cities, towns

Ecommerce logistics provider Xpressbees on Tuesday said it has extended its same-day delivery service for D2C brands to over 1,000 cities and towns

Nomura names Jwalant Nanavati as Southeast Asia investment banking head

Hong Kong-based Nanavati, who joined Nomura nearly four years ago to head its Asia ex-Japan technology, media and telecom (TMT) investment banking team, will take over the new role from July 1

India-focused funds on road to raising around $9.8 bn in CY22: Data

While $9.8 billion is the target for the year, about 18 India-focused funds have already raised $1.74 billion. But what is more substantial is the fact that Asia-focused dry powder is $173.4 billion

As China deals with Covid, nearly 1 in 4 European firms consider moving out

Of the firms considering a shift in investment, 16% said they were looking at relocating to Southeast Asia, while 18% said they were looking elsewhere in the Asia-Pacific region

Does reputation no longer matter for today's companies and politicians?

In today's practical age, whether a country offends your religious sensibilities can be overlooked if it is a key customer for your gas or oil, writes T N Ninan

LTI's net headcount set to go up this year, sees no decline in demand

LTI closed FY22 with a total headcount of 46,648 and the addition in the last financial year was more than what it had seen in the previous two years

Private placements at lowest since 2014; total money raised down 23%

A combination of lower requirements and higher interest rates are said to have acted as a dampener

Only 12% companies are utilising AI to outpace their rivals: Report

Only 12 per cent of organisations that use AI are doing it at a maturity level to achieve a strong competitive advantage while the rest are still experimenting with the technology, a new report said

Relocation startup HappyLocate to hire 600 employees this financial year

Tech-based one-stop relocation platform HappyLocate on Tuesday said it is planning to hire over 600 employees this financial year in line with its expansion plans

Goodbye, Internet Explorer: Microsoft to retire 27-yr-old browser on Jun 15

Microsoft has announced the retirement of 27-year-old Internet Explorer as the browser will be completely phased out from June 15

Rustomjee group firm Keystone Realtors files Rs 850-cr IPO papers

Rustomjee group company Keystone Realtors has filed preliminary papers with Sebi to raise Rs 850 crore through an initial public offering (IPO)

Nearly 50% Indian software developers plan to quit job this year: Report

About 44 per cent of developers based in India are considering leaving their job this year compared to 42 per cent globally, according to a report

Reliance Infra to receive Rs 595 cr from Damodar Valley Corp by July end

Reliance Infrastructure Limited (Reliance Infra) is set to receive a sum of Rs 595 crore from Damodar Valley Corporation (DVC) by July 31.

Meet the CEO who is putting in overtime to shorten your workweek

Joe O'Connor heads a nonprofit helping companies around the world to adopt more flexible work schedules.

Cosmetics maker Revlon, in $3.31 bn debt, nears bankruptcy filing: Report

The lipstick maker began talks with lenders ahead of looming debt maturities to try to steer the business clear of bankruptcy, a report said

Meta investigates Sheryl Sandberg's use of company resources: Report

Lawyers are investigating Meta Platforms Inc's outgoing operations chief Sheryl Sandberg's use of company resources over several years