Page 18 - Companies News

Zoho expands regional outreach, will open hub offices in Tamil Nadu, UP

CEO Sridhar Vembu says company wants to create 'economically prosperous rural communities' through its offices

India Inc's credit quality outlook positive for FY24, say Crisil and Icra

Interest rate hikes, global slowdown, stubborn inflation pose risk

Indian firms must focus on skilling workforce, flexibility. HR survey

50% organisations don't have clarity on skills their employees will need in future, it says

Shortage of electronic parts may affect production in FY24: Maruti Suzuki

Firm has already posted a 5.6 per cent dip in March even as it says it took all possible measures to minimise the impact

India Inc's key credit ratio moderated sharply in 2nd half of FY23: Crisil

India Inc's key credit ratios moderated sharply in the second half of FY23 on expected lines and are likely to go down further, Crisil Ratings said on Monday, maintaining that upgrades will continue

Mahindra records 21% rise in total sales to 66,091 units in March

Mahindra & Mahindra (M&M) on Monday said its total sales increased by 21 per cent year-on-year to 66,091 units in March

Reliance Capital second auction starts Tuesday amid Torrent litigation

Lenders have fixed Rs 9,000 crore as floor price for selling assets of bankrupt firm

Corporate India recognises need for flexibility, skilled workforce: Study

A significant percentage of organisations understand the current skills and development needs of their employees and are providing access to upskilling or reskilling opportunities

SAIL produces record 18.28 MT crude steel; 19.40 MT hot metal in FY23

In a statement, the Steel Authority of India (SAIL) said it has achieved the best-ever annual production during FY23

VE Commercial Vehicles posts 35.2% rise in sales at 11,906 units in March

Domestic sales of Eicher branded trucks and buses were at 11,263 units, while that of Volvo Trucks and buses posted sales of 229 units

Zoho expands rural initiatives, opens new hub offices, schooling centres

Zoho's investments in rural areas will focus on nurturing local talent, building deep-tech capabilities, promoting organic farming and powering overall community development

Renesas exploring local production of chipset in partnership with TCS

Renesas gets most of its semiconductor made through third party electronic chip plants which are then processed into System on Chip (SoC)

REC opens bids for dollar-denominated bonds with initial price guidance

The book-building process would go through the day, when the final coupon rate and quantum would be closed, merchant bankers said

SpiceJet hives off cargo and logistics biz into separate entity from Apr 1

The decision to hive off SpiceXpress is in sync with the company's long-term business plan and will unlock significant valuation of the logistic business, SpiceJet Ltd Chairman Ajay Singh said

Nestle to Tata, big FMCG firms race to acquire maker of Ching's Secret

Last year, Capital Food's three main shareholders decided to put their stake up for sale, it is expected to fetch them $1-1.25 billion

Reliance, Tatas, nine others get Rs 14,000-crore solar PLI approval

Unlike the first round, this phase of solar PLI has three schemes

Tesla sets record with 422,875 car deliveries after slashing EV prices

Tesla Inc. delivered 422,875 cars worldwide in the first quarter, setting a record after it cut prices to appeal to consumers buffeted by rising interest rates and faster inflation

India Inc planning to increase capex, hire more in FY24: BS Poll

Most top executives appear to be upbeat about sales and profit

NCLAT order in Android matter will resonate globally on abuse of dominance

The National Company Law Appellate Tribunal (NCLAT) order has set the foundation for the twin vision of Make In India and startup growth, Venkataraman told PTI in an interview here

India not prepared for full force of artificial intelligence adoption

Only 11% of jobs in India can be automated against global average of 18%, says Goldman Sachs' assessment of 30 countries