Page 171 - Companies

Old framework in new package

Book review of The Phoenix Encounter Method: Lead Like Your Business Is On Fire

Compliance with new rules for audit reports deferred to next financial year

Move comes as relief to companies, which will be able to use the additional time to prioritise allocation of resources and better prepare for enhanced requirements

Ola to invest Rs 2,400 cr for 'world's largest' e-scooter factory

Upon completion, the factory will create almost 10,000 jobs and will initially have an annual capacity of 2 million units

Corporate earnings growth, Covid vaccine to drive markets in 2021: Analysts

Corporate earnings, especially in the July - September 2020 quarter (Q2FY21), got a boost from lower raw material cost and cost cutting measures adopted by companies in the backdrop of Covid-19

CEO Delaporte turning around Wipro as stock rally 70% since appointment

Delaporte slashed the top ranks of leadership from 25 people to four. He stepped up acquisitions, with more on the way

Van Heusen to increase number of innerwear outlets to 400 in 2-3 years

The company has 45 Van Heusen Innerwear Exclusive stores, more than 350 Van Heusen mainline exclusive stores and Planet Fashion - 260 stores

Firms raise Rs 25K cr via IPOs in 2020 so far; next yr to be equally strong

In 2020 so far, close to Rs 25,000 crore has already been raised through IPOs and the figure could rise further as Burger King's Rs 810-crore initial share-sale is schedule to open on December 2

EU to allow companies access to private data to boost innovation

The EU hopes that by giving companies access to more data, it will support businesses to build new services and products but also help researchers tackle societal challenges.

Employees or contractors? Gig universe faces a social code dilemma

Globally, there have been public debates on the nature of the job of gig workers and the social security framework they deserve to get.

Just 1% firms keen on one-time debt recast as biz outlook improves: Crisil

This is despite the fact that two-thirds of Crisil-rated entities are eligible for restructuring, based on Kamath Committee parameters

Uber in talks to sell its ATG self-driving unit to Aurora: Report

The talks are still ongoing and there is no certainty a deal could be reached

M M Murugappan steps down as chairman of 3 Murugappa group firms

Vellayan Subbiah to take over as chairman of Cholamandalam Investment

Govt notifies mandatory e-invoicing by biz with Rs 100 cr turnover from Jan

The government has notified mandatory requirement of e-invoicing for B2B transactions for businesses with a turnover over Rs 100 crore with effect from January 1, 2021

Boards and the human factor

Book review of On Board: The Insider's Guide to Surviving Life in the Boardroom

Blue Star bags project worth Rs 128 cr from Taiwan-based Wistron Infocomm

The latest project is one of the largest, fast-track projects, being executed by Blue Star in the factories' segment

BSE receives 183 investor complaints against 105 companies in October, 2020

It resolved 279 complaints against 137 companies during the month. The resolved complaints include complaints brought forward from the previous periods, BSE said in a release

Japan can open probe into any merger involving Fitbit: Antitrust body head

EU antitrust regulators in August launched an investigation into a $2.1 billion deal by Alphabet

After Wirecard, Germany's DAX index may be expanded to 40 companies

Weimer has since changed rules to allow for a quicker expulsion of companies in the wake of the scandal.

Large firms maintaining digital transformation budgets amid Covid: TCS

Prior to the pandemic, the average organisation surveyed had only 9 per cent of its workforce working mostly from home

Focus shifts to Germany's Commerzbank strategy after CEO named

Germany's No. 2 lender, partially-owned by the state, has been in turmoil following the sudden resignation of its CEO and its chairman in early July.