Corporates

Tata Motors Net Loss Down To Rs 7,605 Crore, Revenue Up 42%

Tata Motors Net Loss Down To Rs 7,605 Crore, Revenue Up 42%

Edited by Animesh Singh | Tuesday May 18, 2021

Tata Motors Q4 Results: The carmaker's revenue from operations came in at Rs 88,628 crore for the fourth quarter.

Credit Suisse To Hire Over 1,000 IT Employees In India

Credit Suisse To Hire Over 1,000 IT Employees In India

Reuters | Tuesday May 18, 2021

Credit Suisse Group has said that it planned to hire over 1,000 IT employees in India this year.

HCL Tech To Expand Investment In United Kingdom, Hire 1,000 Professionals

HCL Tech To Expand Investment In United Kingdom, Hire 1,000 Professionals

Edited by Peter Noronha | Tuesday May 18, 2021

HCL Technologies plans to hire these professionals in fields of digital transformation, cloud, artificial intelligence and cybersecurity for its London, Greater London and Manchester offices

Airtel Q4 Net Profit At Rs 759 Crore Over Growing Home Business

Airtel Q4 Net Profit At Rs 759 Crore Over Growing Home Business

Edited by Animesh Singh | Monday May 17, 2021

Airtel Q4 Results: Revenue from operations rose 12 per cent to Rs 25,747 crore for the March quarter. It was Rs 23,018 crore in the year-ago period.

Hero MotoCorp To Restart Operations At Select Plants

Hero MotoCorp To Restart Operations At Select Plants

Edited by Peter Noronha | Monday May 17, 2021

The company continues to monitor the situation closely and the remaining manufacturing plants and other facilities will also open up gradually, Hero MotoCorp said

Hero MotoCorp To Restart Plant Operations From May 17

Hero MotoCorp To Restart Plant Operations From May 17

ANI | Saturday May 15, 2021

The company said the three plants will increasingly focus on producing for export markets besides catering to domestic requirements.

NHPC To Acquire PTC India's 2% Stake In Chenab Valley Power Projects

NHPC To Acquire PTC India's 2% Stake In Chenab Valley Power Projects

Edited by Peter Noronha | Thursday May 13, 2021

Chenab Valley Power Projects is a joint venture company;NHPC holds 49 per cent in Chenab Valley Power Projects, whereas JKSPDC holds 49 per cent and PTC holds 2 per cent

Godrej Consumer Products Appoints HUL's Sudhir Sitapati As Managing Director And CEO

Godrej Consumer Products Appoints HUL's Sudhir Sitapati As Managing Director And CEO

Edited by Abhishek Vasudev | Wednesday May 12, 2021

Sudhir Sitapati has an MBA from the Indian Institute of Management, Ahmedabad and a B.Sc in Math with Economics Honours from St. Xavier's College, Mumbai.

Indiabulls Housing Finance Divests Mutual Fund Business To Groww For Rs 175 Crore

Indiabulls Housing Finance Divests Mutual Fund Business To Groww For Rs 175 Crore

Edited by Nikita Prasad (With inputs from Agencies) | Tuesday May 11, 2021

Indiabulls Housing said that it plans to focus the management bandwidth and consolidate its capital towards the real estate asset management business

Google Pay Launches International Money Transfers With Wise And Western Union

Google Pay Launches International Money Transfers With Wise And Western Union

Reuters | Tuesday May 11, 2021

Google Pay users in the US can now transfer money to app customers in India, Singapore, with plans to expand to the 80 countries available via Wise, and 200 via Western Union by end of 2021

Flipkart To Strengthen Grocery Supply Chain Infrastructure

Flipkart To Strengthen Grocery Supply Chain Infrastructure

Reported by Sakshi Bajaj, Edited by Peter Noronha | Tuesday May 11, 2021

Last month, Flipkart had expanded its hyperlocal service Flipkart Quick to six new cities - Delhi, Gurgaon, Ghaziabad, Noida, Hyderabad and Pune

Anupam Rasayan To Set Up Rs 43 Crore Solar Power Plant

Anupam Rasayan To Set Up Rs 43 Crore Solar Power Plant

ANI | Saturday May 08, 2021

Anupam Rasayan issued a letter of intent to install solar power by investing a sum of Rs 43 crore. The entire capital expenditure will be funded from the company's recently concluded IPO proceeds.

Basiz Fund Services Gets Nod From Regulatory Body To Open Branch In Gujarat GIFT City

Basiz Fund Services Gets Nod From Regulatory Body To Open Branch In Gujarat GIFT City

Edited by Nikita Prasad | Friday May 07, 2021

Basiz Fund Services received authorisation from the International Financial Services Centres Authority, to be registered as an ancillary service provider with the IFSCA

Japan Steel Major May Form Joint Venture With JSW To Sell Electromagnetic Sheet

Japan Steel Major May Form Joint Venture With JSW To Sell Electromagnetic Sheet

Reuters | Friday May 07, 2021

Japan's second-biggest steelmaker JFE Holdings will study the feasibility of forming a joint venture with its Indian partner JSW Steel to make and sell electromagnetic steel sheet used in transformers

India's Aviation Regulations Are Protectionist: Qatar Airways CEO

India's Aviation Regulations Are Protectionist: Qatar Airways CEO

Reported by Vishnu Som | Tuesday May 04, 2021

Akbar Al Baker said that the Indian aviation industry is very regulated and regulations stifle growth. "I think that it is incorrect for the authorities to stifle competition just to protect one or two other airlines. You should leave it to survival of the fittest," he asserted.