Companies

Adani Group to have its nominees on NDTV Board

The Board of New Delhi Television Ltd (NDTV) has approved a proposal to invite the Adani Group's RRPR Holding Private Ltd to nominate two Directors to the former's Board

Dec 10, 2022

FADA cautiously optimistic on near term outlook for auto sales

The hike in vehicle prices by the manufacturers, the fallout of the 35 basis points (bps) increase in the repo rate by the Reserve Bank of India (RBI), may dent the confidence of two-wheeler and entry level car buyers, said the Federation of Automobile Dealers Associations (FADA).

Dec 9, 2022

Make in India: Apple fasts forwards plans to shift manufacturing to India amid China unrest [details]

Apple is fast forwarding its manufacturing plans in India and Vietnam in the wake of China unrest over zero-Covid policy which has severely disrupted its supply chain, leading to an acute shortage of new iPhone 14 Pro models.

Dec 4, 2022

New NDTV board approves Prannoy Roy & Radhika Roy's resignation as RRPR directors

In a dramatic late night development on Tuesday, the new NDTV board approved the resignations of Prannoy Roy and Radhika Roy as directors of RRPR Holding Private Ltd (RRPR), the promoter group vehicle of New Delhi Television Ltd (NDTV).

Nov 29, 2022

High-profile exits at BharatPe continue; top-level execs quit firm [details]

Fintech platform BharatPe has hit with a fresh wave of resignations at the top level, as its chief technology officer (CTO) Vijay Aggarwal and Rajat Jain, chief product officer (CPO), have quit among others.

Nov 29, 2022

Tata Consumer to acquire Bisleri for around Rs 7,000 crore: Report

Ramesh Chauhan is divesting Bisleri International to Tata Consumer Products Ltd (TCPL) for an estimated Rs 6,000-7,000 crore, The Economic Times reported.

Nov 24, 2022

Amazon begins mass layoffs to combat "unusual and uncertain macroeconomic environment"

Reuters reported that the layoff will primarily affect the retail and human resource development sections of the company

Nov 17, 2022

Flipkart to expand India biz; Walmart raising up to $3 billion: Report

Retail giant Walmart is reportedly raising up to $3 billion for its e-commerce giant Flipkart to further expand its operations in the country.

Oct 26, 2022

E-commerce supply chain unlocks limitless opportunities in India

E-commerce providing tailwinds to tier-2, 3 cities to nurture local talent

Flipkart has become an ecosystem enabler by rolling out myriad initiatives, which create new employment opportunities for the youth of the country — all the way from metros to tier 2, 3 cities, mofussil towns and villages.

Oct 24, 2022

2,500 people to lose jobs in Byju's as firm eyes ensuring profitability

Divya Gokulnath, co-founder of Byju's said that the company will start focussing on building brand awareness overseas through new partnerships

Oct 13, 2022

Adani Group eyes to buy Jaiprakash's Cement unit for $606 Million: Bloomberg

Adani Group is planning to expand its cement business further to attain an annual production capacity of 140 million tons

Oct 11, 2022

Morgan Stanley eyes expanding its workforce in India [details]

The move from Morgan Stanley comes at a time when several companies are hesitant to expand workforce due to adverse economic conditions

Oct 10, 2022

Major IT giants revoke offer letters in India as recession scare looms

In August, India's inflation hit 7 percent, continuing an eight-month streak exceeding the central bank's tolerance targets

Oct 5, 2022

Indian corporate credit quality remains strong

Indian corporate credit quality robust, says CRISIL Ratings

The credit ratio is in line with the positive credit quality outlook CRISIL Ratings had articulated earlier -- that upgrades will far outnumber downgrades through this fiscal.

Oct 3, 2022

Oct 1 deadline for compulsory e-invoice generation nearing

Businesses having aggregate annual turnover of Rs 10 crore and more will have to compulsorily generate e-invoices for business-to-business (B2B) transactions from October 1 onwards, according to the Finance Ministry

Sep 27, 2022