Page 33 - Indian Companies

RBI announces draft norms for setting up SROs, proposes to audit its books

The omnibus SRO framework prescribes the broad objectives, functions, eligibility criteria, and governance standards, which will be common for all SROs, irrespective of the sector

Social media unicorn ShareChat lays off 200 employees to reduce costs

This is the second such move this year for the Indian regional social network

JB Chemicals buys opthalmology brands from Novartis for Rs 964 crore

JB Chemicals and Pharmaceuticals shall offer employment to the impacted associates working on this portfolio, it said today. JB Chemicals shares ended on BSE at Rs 1466 apiece, down marginally

Banks, Indian companies set to raise Rs 13,700 cr through bond market

HDFC Bank, Shriram Finance, Tata Projects to raise funds

Slice of success: Have Zomato, Swiggy finally figured out the right recipe?

Zomato reported its first-ever profit of Rs 2 crore in Q1 FY24

79% employers looking to sustain or increase their workforce in H2FY24

Both new hires, at 79 per cent, and replacement hires, at 74 per cent, are occurring rapidly, indicating a flourishing labour market in the country

ITC to ramp up hotel room inventory by 50% in the next five years

The company, at its institutional investors and financial analysts day on Tuesday, said that it was targeting to reach 200 hotels

Arbitration pact: Supreme Court upholds group of companies doctrine

The doctrine was contested by some parties, who said that it did not consider individual party autonomy and the separate legal entity concept

Patanjali Foods aims to see Rs 1,000 crore sales from masala business

During the investor day, Ramdev also said that he cannot comment on the merger, demerger or acquisitions the company plans to make in Patanjali Foods

Warning signs: Over 100 died in mishaps at India's top firms in FY23

The 33 companies had a combined employee strength of 2.9 million. For some companies, though, the employee strength may not include contract labour

HUL appoints former revenue secy Tarun Bajaj as independent director

Bajaj belongs to the Indian Administrative Service, 1988 batch, Haryana Cadre, and was the Revenue Secretary of the Government of India before superannuating in November 2022

IT firm LTIMindtree selected as a strategic partner by Metasphere

Metasphere, part of Grundfos, provides smart network management solutions to the global utility industry

Adani-Hindenburg case: There is no reason to discredit Sebi, says SC

Judgment reserved; Sebi says it won't seek more time for probe

Stars align for astrotech: Astro startups' revenues get festival fillip

Despite an apparent dip in investments, several firms have reportedly been in talks to raise fresh capital this festival season

Serving up a slump: QSR players grapple with a side of demand downturn

Margin pressures could remain as sales dip and cost inflation take a bite

Talent crisis forcing companies to shell out big bucks for legal experts

Company officials said an ever-evolving regulatory environment, increasing focus on corporate governance, and constantly changing GST structures have catalysed the clamber for legal talent

IndiQube leases 1,037-seater managed workspace to Ninjacart in Bengaluru

Ninjacart will use this new space to fuel its expansion plans as it now operates in new verticals

10 firecracker largecaps that deliver bang: Brokerage picks for Samvat 2080

Amid concerns over small and midcap valuations, brokerages suggest navigating the investment landscape like a well-timed fireworks display, favouring the brilliance of largecap stocks

Inside India Inc's Diwali hamper: Paid leaves, group experiences and more

Companies are opting to offer indulgences with social responsibility added to the package

Saluja's remuneration meets legal, corporate governance norms: Religare

The actual sale of shares that happened on 21st and 22nd September by Saluja was made at then prevalent market price