Page 33 - Indian Companies

Experian appoints Manish Jain as its country managing director, India

Manish Jain has more than two and a half decades of experience in financial services and technology. Before joining Experian, Manish led transformative initiatives in global organisations

Health check for healers: The big audit firms are under the NFRA lens

Now, the national accounting watch­dog has turned the spotlight on audit firms themselves. These firms are perceived to be the eyes and ears of non-promoter investors

As interest rates rise, zombie companies haunt India Inc

The waters are rising for firms whose earnings are not enough to repay debt

IT industry veteran C P Gurnani joins upGrad's Board of Directors

Focus on global growth as independent director

What is Sebi probing in Adani-Hindenburg issue?

The market regulator said that it had sent around 90 communications to overseas agencies seeking assistance

Great time to be deploying capital, will be busy in 2024: Fundamentum GM

Focus on technological edge and prudent deployment

India-focused VC funds continue to raise capital despite funding winter

As of December 2023, 185 India-focused VC funds are in the market, aiming to raise a combined capital target of $10.73 billion, according to Preqin

2023, India's year in biz: Apple debut, Adani's resilience, X's evolution

India got its first Apple store, Adani weathered the Hindenburg storm, and Twitter became X in the year that will still be remembered for AI

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