Page 27 - Companies

At 100 in 3 years, IHCL arm eyes 500 luxury homestays by FY 2026

Of the 61 operational properties which are all managed assets, around 21 properties are Tata company homes or bungalows

Air India to get fresh brand identity: CEO Campbell Wilson tells staff

Airline will take some years to attain 'world class heights', he says in year-end note

Adani's purchase of NDTV founders' stake may test acquisition rules

While the deft legal move shows the ingenuity of the tycoon and his dealmakers in clinching acquisitions - Adani's entry into NDTV 4 months ago was also via an indirect route

Goldman Sachs to unveil fresh job cuts in a matter of weeks, says CEO

Top managers have been asked to identify potential cost-reduction targets, and no final job-cut number has been determined

VC funding in India down 30 per cent in 2022: Venture Intelligence

The funding of late and growth-stage startups slowed down as private market investors became more cautious amid rising interest rates and fears of recession

Tech darling that rose 2,500% in 2021 now among India's worst performers

The beating in the company's shares has wiped away 129 billion rupees ($1.6 billion) in market value

Mickey's copyright adventure: Early Disney creation to be public property

The version of the iconic character from "Steamboat Willie" will enter the public domain in 2024. But those trying to take advantage could end up in a legal mousetrap

Agrichemical exporters expected to clock better growth than domestic peers

Brokerages have a mixed outlook on margin trajectory for the sector

Composite insurance licence regime may trigger M&A activity: HDFC Life CFO

The Central governments decision to issue composite insurance licences (insurers who can sell both life and general insurance policies) may increase a potential for merger and acquisition (M&A) activity in the sector, said a senior official of HDFC Life Insurance Company.

Tata Digital to be the conglomerate's sole e-commerce venture: Report

Last week, the conglomerate increased Tata Digital's authorised capital to Rs 21,000 crore from Rs 20,000 crore and infused Rs 750 crore

Udaan, Ola and Oyo see highest senior executive exits in 2022: Data

Ola and Oyo Hotels & Homes followed Udaan in recording the most senior executive exits in 2022, according to Longhouse Consulting data

Here's Why Karnataka HC barred Irani, Classic Legends from using 'Yezdi'

Indian bikers' long wait for Jawa's Yezdi continues with latest verdict from Karnataka high court

India's fintech industry to face a tough 2023 as investments cool: Bain

This year, the Indian regulator, spurred by fraud and malpractice instances in the fintech lending space, stepped up its oversight to regulate it through a series of guidelines

Profitability focus to drive gains for Mahindra CIE Automotive

The company is selling its loss-making German CV forging business

Companies welcomed China's decision to end quarantine for visitors

Companies welcomed China's decision to end quarantines for travellers from abroad as an important step to revive slumping business activity while Japan on Tuesday announced restrictions on visitors from the country as infections surge. The ruling Communist Party's abrupt decision to lift some of the world's strictest anti-virus controls comes as it tries reverse an economic downturn. It has ended curbs that confined millions of people to their homes and sparked protests, but hospitals have been flooded with feverish, wheezing patients as the virus spreads. Monday's announcement that quarantines for travelers from abroad will end Jan. 8 is the biggest step toward ending limits that have kept most foreign visitors out of China since early 2020. Quarantines were reduced last month from seven days to five. Also Monday, the government downgraded the official seriousness of COVID-19 and dropped a requirement for people with the virus to be quarantined. That added to a rapid drumbeat of ..

BIS norms to curb fake reviews to increase costs for online sellers: Report

According to the guidelines, published on November 23, the companies will have to ensure that the ratings and reviews of their products are genuine

Mastodon to Substack: Who all are in the fray to become the new Twitter

As Twitter treads through uncertainty, here are the alternatives for those seeking a Plan B, and how they stack up against the Twitter

Advent International to pick up 50.1% in Suven Pharma for Rs 6,313 crore

To launch open offer for another 26%; plans merger with Cohance

Three Wheels United inks pact with Piaggio to buy 3,300 electric vehicles

Tech-enabled EV financing firm Three Wheels United (TWU) has inked an initial pact with small commercial vehicle maker Piaggio Vehicles to procure 3,300 electric three-wheelers, a release said on Monday. Under the partnership, the company will facilitate easy and affordable financing for individuals and fleet operators to easily switch from conventional engines to EV three-wheelers, Three Wheels United said in a statement. Drivers will be provided loans covering up to 100 per cent of the vehicle cost without any collateral, the company said, adding that its driver app, which provides details on the locations of charging stations, parking options, and vehicle maintenance, will offer constant support to them. These vehicles will be deployed across Delhi-NCR, Uttar Pradesh, Karnataka, Kerala, Telangana, Maharashtra and Andhra Pradesh over the next one-and-a-half year, it stated. Additionally, TWU will provide a buyback option that allows drivers to sell their existing more than ...

Elista India expects Rs 1,500 cr revenue by 2025, to invest up to Rs 400 cr

Electronics manufacturing company Elista India expects a revenue of Rs 1,500 crore by 2025 on the back of increased exports to the CIS countries, Middle East and Africa, a top official of the company said on Monday. The company plans an investment of Rs 350-400 crore in three years to meet its revenue guidance for 2025, the official said. Revenues of the company have increased to Rs 158 crore in just two years of operations of the company and it expects a business of Rs 200 crore this fiscal. "We expect Elista to have turnover of Rs 1,500 crore by 2025 out of which Rs 500 crore will come from the domestic market and Rs 1,000 crore from exports to CIS countries, Middle East and Africa," Elista and TeknoDome, Chairman and Managing Director, Saket Gaurav told PTI. He said that the company will initially focus on manufacturing televisions and later expand facilities for making washing, IT peripherals etc. Elista is also waiting for the allocation of land to start its manufacturing ...