Page 23 - Companies News

From manual pricing to ChatGPT: How Air India is transforming under Tata

The push to modernise underscores the decay left by years of under-investment as Air India looks to shed decades-old bureaucratic processes and recapture customers

Small stocks lag behind in FY23, take bigger hit than bluechip firms

The BSE smallcap index jumped 7,566.32 points or 36.64 per cent in 2021-22 fiscal, and the midcap surged 3,926.66 points or 19.45 per cent

Aditya Birla Health Insurance inks bancassurance partnership with UCO Bank

ABHICL has more than 200 branches, with a diversified presence in over 4800 cities spread across the length and breadth of the country

HUL cuts prices, raises grammage in detergent and dishwash segments

The price of Surf Excel Matic (liquid) has been cut to Rs 199 from Rs 220 for a one-litre pack

Alibaba likely to yield control of some business units in rejig: Report

The restructuring marks a new stage in Alibaba's growth after a series of setbacks as regulators cracked down on it and other tech companies

Air India rejigs policies for women employees; provides daycare help

The revised policies, to be effective from April 1, are part of the carrier's 'MOMS - Returning Mothers Programme'. MOMS refers to 'Making Our Mothers Soar'

Adani pins hopes on 20% earnings growth every year to repay $23 bn debt

Embattled Adani Group is looking at a 20 per cent growth in earnings across businesses spanning from sea ports to airports, edible oil and commodities, energy, cement and data centres

Tata Power re-appoints Praveer Sinha on positions of CEO, Managing Director

Tata Power on Thursday said it has re-appointed Praveer Sinha as the company's Chief Executive Officer (CEO) and Managing Director.

Welspun Corp Limited subsidiary completes acquisition of Sintex-BAPL

Propel Plastic Products Private Limited, a wholly owned subsidiary of Welspun Corp Limited (WCL), has discharged the consideration to the creditors of Sintex-BAPL Limited

Hero MotoCorp appoints company insider Niranjan Gupta as new CEO

Hero MotoCorp Ltd, India's biggest two-wheeler maker by volume, on Thursday named company insider Niranjan Gupta as its chief executive officer

Nestle SA eyes $1 billion deal for 'Ching's Secret' owner in India

Capital Foods makes the Ching's Secret brand of spicy noodles and fusion chutneys infused with so-called "desi Chinese" flavors. It also sells Smith & Jones cooking pastes and masala mixes

Volatility in Vedanta Resources bonds rises as group plans to reduce debt

Bankers said the group's bonds have been showing volatility since October last year

Walmart-owned PhonePe calls off deal to acquire fintech startup ZestMoney

Lapses in due diligence, valuation disagreements, funding winter, tough regulatory environment, fintech slowdown being cited as reasons

Unacademy gives pink slips to 380 employees in another round of layoffs

With this round of layoffs, Unacademy's workforce strength is down to under 3,000 compared to 6,000 in the early part of 2022

NCLAT drops Jindal Stainless plea over Mittal Corp, asks to approach NCLT

NCLAT said issues raised by Jindal Stainless subsequent to February 10, 2023, when RFRP was issued, need no consideration

Jindal Stainless sees domestic demand; China imports a challenge: Firm's MD

Puts most of its eggs in the domestic market, buoyed by strong demand; 25-30% of sales driven by exports

RIL shareholders to meet on May 2 on demerger of financial services biz

Demerger expected to create a behemoth in financial services space

Bimaplan partners with Impex to provide customers with extended warranty

India's extended warranty market is expected to exhibit a CAGR of 11.65% during 2023-2028

InoxCVA to set up cryogenic tank facility in Vadodara for Rs 200 crore

Cryogenic liquid storage, distribution and re-gassification solutions provider InoxCVA will set up a manufacturing facility in Vadodara with an investment of Rs 200 crore

Godrej group and SBI sign a strategic MoU to deepen partnership

"Together, we aim to unlock opportunities for financial inclusion and build a long-term, sustainable franchise, helping drive India's growth story forward"