Page 10 - Indian Companies

No plans to list diagnostic arm Agilus Diagnostics: IHH Healthcare

Engaging with regulator on open offer for 26.1% stake in Fortis

Amazon leverages air, rail for faster festive deliveries across India

Amazon was the first e-commerce company to partner with Indian Railways in 2019

Thermax looks to double business in existing international markets

Thermax, Bhandari said, has a renewed focus on energy transition technologies, particularly hydrogen, carbon capture, and water management

SpiceJet clears salary dues days after raising Rs 3K crore through QIP

The domestic passenger market share of the airline had shrunk to just 2.3 per cent in August this year, as per the latest data released by the Directorate General of Civil Aviation (DGCA)

DreamFolks asserts contract validity amid lounge access disruption

AAHL has allowed lounges at Adani-operated airports to accept all major debit and credit cards from other access providers

Apple harvest: iPhone 16 sales up 15-20% over iPhone 15 on inaugural day

Shah points out that the agency has conducted a dipstick study on the first day to gauge consumer sentiment and traction

PVR INOX to make 'Movie Re-Release' a major part of its business model

Lack of content, demand fuels movie re-releases

Bharti Airtel is 4th company in India to hit a market cap of Rs 10 trillion

Airtel now 5th most valuable telecom operator globally valued at $118.3 billion

French wine & spirits maker Pernod Ricard raises India bar on premium play

Working to get back to Delhi market soon, says India CEO

'Irreparable loss for all of us,' says EY India on death of 26-year-old CA

In a letter to EY India Chairman Anna Sebastian Perayil's mother said her daughter passed away due to excessive workload

Indian companies file ECB plans worth $3.58 billion in July 2024

According to RBI data, among the prominent firms which have filed intent are ONGC Videsh Ltd for $800 million to be raised from an overseas branch of an Indian commercial bank

Govt to set up section 8 firm for startups to strengthen ecosystem: Goyal

Commerce and Industry Minister Piyush Goyal on Monday said a decision has been taken to set up a not-for-profit company under section 8 of the Companies Act to include all initiatives and bodies of Startup India under one roof. Goyal said the company can be industry-led, similar to Invest India, which can manage its affairs. At present, Startup India is housed in Invest India, which is a national body to promote investments. "We will support it as a catalyst so that policy-wise, it is on the right track. It will have an independent board and organisation structure and we would do a little oversight. The National Startup Advisory Council can also be a part of it," Goyal said. The Startup India initiative was launched on January 16, 2016. Under this, several programmes have been rolled out to support entrepreneurs, build a robust startup ecosystem and transform India into a country of job creators instead of job seekers. These programmes are managed by a dedicated Startup India Team

Oriental Trimex to raise Rs 48.51 crore; rights issue opens Thursday

Oriental Trimex, a processor and trader of natural stones, on Monday announced that the company will raise Rs 48.51 crore through rights issue. The subscription to the rights issue will open on Thursday and conclude on September 27. The company will issue up to 4.41 crore equity shares at price of Rs 11 per share (including a premium of Re 1 per share) on a rights basis to the eligible equity shareholders in the ratio of three equity shares for every two fully paid-up equity shares held by the eligible equity shareholders, Oriental Trimex said in a statement. The company has fixed September 5, 2024 as the record date to decided the eligibility of shareholders, it added. Proceeds from the issue will be used by OTL to repay its loans and working capital requirement. Also, funds will be used by the firm for setting up an additional machinery for marble block in Tamil Nadu and development of Jet-Black quarry granite in Odisha. "With only a nominal interest amount remaining, which is .

HCLTech tops TIME's World's Best Companies 2024 list among Indian firms

Indian IT firm HCLTech has been named the no.1 India-headquartered company in TIME magazine's World's Best Companies 2024 list. The Noida-headquartered firm has also secured a place in the global top 10 list within the Professional Services category. "This accolade underscores HCLTech's commitment to excellence and innovation. It reinforces our leadership in the industry and our status as a top employer. "Aligned with our purpose of 'Supercharging Progress' and 'Find Your Spark' employee value proposition, we are dedicated to maximizing employee potential, advancing community and social responsibility initiatives and achieving sustainability goals," said Rahul Singh, Chief Operating Officer of Corporate Functions, HCLTech. The World's Best Companies 2024 ranking identifies top-performing companies across the globe on the parameters of employee satisfaction, revenue growth, and sustainability. HCLTech posted a consolidated net profit of Rs 4,257 crore in the June quarter of FY25, u

Wipro tightens work-from-home policy, links office attendance to leaves

Wipro is enforcing a new policy requiring employees to work from the office at least three days a week. Those found violating the rules will be at risk of losing a day's leave

Mossant Fermentary launches clean-label tonics in four variants at Rs 99

India's non-alcoholic drinks market is expected to grow at a rate of 6.72 per cent, reaching $21.49 billion by 2028

70% of Fortune 500 firms will expand reach to India by 2030: Report

The report further added that the number of GCCs is expected to reach 2,100-2,200 in 2030 from the current over 1,700

Ceat eyes global market with truck tyre production line in Chennai plant

This expansion positions them to meet the growing demand for high-performance vehicle tyres in both domestic and international markets, the company said

New rules for mergers involving foreign firms announced: What this means

Latest amendments introduced by the Ministry of Corporate Affairs require companies to receive prior permission from the Reserve Bank of India for mergers and acquisitions

India Inc tightens remote work policies with legal aid for office return

Some companies emphasise the office location as the sole designated workplace, while also adding confidentiality clauses that limit remote work options