Page 2711 - Company News

Thyssenkrupp ends talks with Britain's Liberty on steel unit sale

The move comes after Sweden's SSAB last month abandoned plans to buy the Dutch operations of India's Tata Steel

Indian IT has 'competitive advantage' in employee talent: Nasscom president

How industry uses 'access to technology' will matter in a democratic system, says Debjani Ghosh

Work from home; collaborate in office: Indian IT industry marks change

Zoom calls may work for a few but can they replace a town-hall meeting: Executives are debating

Zoom user base sees 70x growth in India amid Covid pandemic: CEO Yuan

Terming 2020 as a "crazy year", Yuan spoke about the growth in adoption of the app in an extremely crowded market place which had alternatives

DLF Cyber City completes acquisition of 51.8% stake in Fairleaf Real Estate

The group, through its subsidiary DLF Cyber City Developers (DCCDL), purchased 51.8 per cent stake in the firm that operates Gurgaon's upmarket commercial complex One Horizon Center

Indian IT sector likely to hit $350 billion by 2026, says McKinsey report

McKinsey also pointed that tech business models are reshaping worldwide and IT industry need to refocus

RailTel IPO subscribed 42 times; firm heads for Rs 3,000 cr valuation

The institutional investor portion of the IPO was subscribed 65 times and the high-net-worth individual (HNI) portion was subscribed 73 times

PLI boost sends Dixon Technologies, Amber Enterprises stocks soaring

Shares of the two companies have rallied close to 600 per cent and 260 per cent from 2020, raising doubts over further gains

Future Generali launches health product with 80% discount on no-claim

General insurer Future Generali has launched a health product offering 80 per cent flat discount on the premium on renewal if there was no claim in the previous year.

Pawan Hans privatisation received multiple preliminary bids: Dipam secy

The government has received multiple preliminary bids for strategic sale of Pawan Hans, DIPAM Secretary Tuhin Kanta Pandey said on Thursday.

DLF rental arm acquires 'One Horizon Centre' in Gurugram for Rs 780 cr

Hines had nearly 52 per cent stake in the One Horizon Centre while the rest was with the DCCDL

Indian IT sector well-positioned, can double in 4-5 years: HCL Tech CEO

Indian IT players are well-positioned to capture at least 20 per cent share of the trillion-dollar incremental spend on technology over the next 4-5 years, HCL Technologies CEO C Vijayakumar said.

Nestle reports 'high single-digit' growth in 2020 on the back of key brands

Key brands such as Maggi, Nescafe and KitKat posted robust growth in the Indian market in 2020, Nestle said in a post-earnings statement

Ugro Capital launches 'Gro Micro', aims to support 50,000 small biz by 2022

The company has a net disbursement target of Rs 2,500 crore for 2021-22

We're well-positioned to grow in India, says Walmart CEO Doug McMillon

McMillon, which is betting big on India through Flipkart, said e-commerce penetration is low in India but growing rapidly

Ford puts projects with M&M on hold as it reassesses India strategy: Report

The two other sources said they expect Ford to make a decision in about a month on whether to proceed with Mahindra in a different form or not

Engineers India and Oil India to bid for 61.6% stake in Numaligarh Refinery

The exact percentage of the stake of OIL and EIL will depend on the extent of right of first offer to be exercised by govt of Assam, which already holds 12.35% stake in NRL

Ranbaxy-Daiichi case: SC asks lenders to place loan records of promoters

The Supreme Court Thursday directed 17 banks and financial institutions of former Ranbaxy promoters Malvinder and Shivinder Singh to place on record the paperwork related to the loans in question

Delisting issue: 'Reviewing court order,' says Schneider Electric

Company had approached Bombay High Court after stock market regulator's January order

Flipkart, trade body tie up to enable small businesses to grow

The firm has signed a memorandum of understanding (MoU) with Tamil Nadu Micro, Small Medium Enterprises Trade and Investment Promotion Bureau