Page 167 - Companies

European Union companies could face legal action over Iran contracts

European companies doing business with Iran could face legal troubles if they have terminated their contracts with Iranian banks or firms solely because of fears about possible US sanctions

Chip shortages make manufacturers prioritise how to allocate resources

Manufacturers are warning that production will continue to be affected because of the deepening chip crisis.

M&M Finance eyes Rs 20,000-crore small-ticket loans via e-platform

The company expects to build a strong balance sheet in digital business unit which will not just add to the growth of M&M Finance but also help to retain existing customers

Twitter India appoints Apurva Dalal as director of engineering in India

He will be based in Bengaluru and will be responsible for strengthening the company's engineering capabilities and offerings for local and global audiences

Charles Geschke, co-founder of Adobe and developer of PDFs, dies at 81

Charles Chuck Geschke the co-founder of the major software company Adobe Inc. who helped develop Portable Document Format technology, or PDFs died at age 81

Q4 results: Mindtree reports revenue growth of 5.2% q-o-q, EBITDA at 21.9%

Mindtree, a global technology services and digital transformation company, announced its consolidated results today for the fourth quarter ended March 31, 2021

FMCG startup AnKa SumMor raises Rs 3 cr in pre-Series A round led by IPV

AnKa SumMor works with FMCG brands to help them scale up their businesses rapidly

Governance: Putting the 'G' in ESG

A study found that over the 12 months, governance consistently ranked second, behind only a company's products, as a driver of corporate reputation

Statsguru: 6 charts explain how corporate taxes help govts globally

A look at select countries - four advanced economies, three emerging markets and India - shows the extent to which corporate taxes help governments

Startup PumPumPum gets Rs 5.5 cr to expand used car leasing business

Company says it plans to expand to 15 cities in five years, lure millennials for clients.

Beating Coronavirus blues: Bikanervala charts new growth path with Bikano

With snacks brand Bikano growing 30 per cent, the group is now breaking the Rajasthani stereotype

SRAM & MRAM Group to invest Rs 100 cr in manufacturing of PPE products

UK-based global conglomerate SRAM & MRAM Group on Thursday said it will invest Rs 100 crore in manufacturing the PPE products under its flagship brand'Walletz4u' in India. The company is set to produce premiumNitrile Examination Glovesthat are currently being produced from its factories in Malaysia, Thailand and Vietnam, saidSRAM & MRAM Group in a statement. "With the series of investments and manufacturing units in place, the company is gearing up to become the leading OEM (original equipment manufacturer) of medical and industrial grade gloves in East Asia," it added. SRAM & MRAM Group ChairmanSailesh Lachu Hiranandanisaid the company hasgeared itself up to tackle the PPE shortage by acquiring and leasing a lot of production lines to meet the ever-increasing demand, especially gloves of all types for all industry verticals. "With the launch of 'Walletz4u', the conglomerate has joined the leading players for selling their branded premium gloves across the globe," he

IMF favours global minimum corporate tax: Chief economist Gita Gopinath

Gopinath said current disparities in national corporate tax rates had triggered 'a large amount' of tax shifting and tax avoidance, reducing the tax base on which governments could collect revenues

Record-setting $49 billion Asia IPO boom likely to taper off, shows data

Asian companies, like their global peers, notched their best first quarter for listings ever, thanks to a flood of liquidity during the pandemic, super-low interest rates, and rallying stock markets

Tech roles need women, but companies still prefer men

Technology is too important to be left in the hands of men alone. Unhappily, despite its importance in our daily lives, enough women are not participating in the creation of future technologies

Slowing entry segment volumes may derail Hero MotoCorp's sales trajectory

While overall two-wheelers sales are down, what is hurting Hero MotoCorp is that the slowdown is impacting the entry and executive segments the most

UK's richest woman gets $648 million in salary from betting empire

Her salary of 421.2 million pounds from the closely held British firm makes her one of the world's best-paid bosses

We made significant progress in bolstering our balance sheet: Onkar Kanwar

The strategy going forward is really to sweat our assets and get our utilisation levels to reach 90-95% in all our plants, said Kanwar

Video startup Chingari raises $13 mn, plans 100 mn users in 6 months

Homegrown Chingari said it will use the funds to grow from 56 million users to over 100 million in two quarters, enhance its content, and hire talent

Just 1 in 5 of world's biggest listed firms disclosed data about workforce

Just one in five of world's biggest listed companies disclosed data about their workforce in a survey run by a $7 trillion investor coalition, as they respond slowly to pressure to be transparent