Most of the rated Indian non-financial companies have sufficient buffers to withstand the rupee depreciation against the US dollar, said Moody's Investors Service on Tuesday.
"We are looking to acquire profitable, asset-light and tech-driven businesses in travel," Prashant Pitti, co-founder of EaseMyTrip, said in an interview on Reuters' Trading India chatroom
Hinduja group flagship Ashok Leyland has appointed Sanjay V Jorapur as its president and head-human resources, the city-headquartered company said on Tuesday. Jorapur succeeds Amanpreet Singh, who would now move on to a senior role at Hinduja Group in Mumbai. "Sanjay joins a strong leadership team and brings close to three decades of rich experience to Ashok Leyland. People are foundational pillars for us to achieve our vision." Ashok Leyland executive chairman Dheeraj G Hinduja said. Sanjay will drive the 'People' agenda in line with contemporary global practices and steer the company's human resources strategy in the current transformational context, Hinduja said. Jorapur has leadership level experience in technology, engineering and automation domains. He earlier served HFCL Group as its president, group human resources, the statement said.
Currently, the companies have to make separate payments towards the Employees' Provident Fund Organisation (EPFO) and Employees' State Insurance Corporation (ESIC)
The round will readjust Flipkart's valuation from $37.6 billion to $33 billion and PhonePe will have a separate shareholding structure
Customers buying Apple's most premium devices in the US this year can now expect to wait as long as 37 days, according to Counterpoint Research
Development follows Skyroot Aerospace's launch of Vikram-S rocket on a sub-orbital flight from Sriharikota on Nov 18
This transaction is expected to be completed in the next fortnight, the company said in a statement on Monday
The ground test, using a converted Rolls-Royce AE 2100-A regional aircraft engine, used green hydrogen created by wind and tidal power, the British company said on Monday
Focus is to retain the right talent keeping in perspective the layoffs happening in the start-up ecosystem, says senior VP Anupama Garg
Domestic car sharing marketplace Zoomcar announced the appointment of Naveen Gupta as Vice President and Country Head for India
Foxconn, also known as Hon Hai Precision Industry Co., will top up wages by as much as 13,000 yuan per month in December and January for full-time workers
Engineers wary, given Musk's unpredictability; HR experts and campuses not so much
''These new rules are an important part of our ongoing actions to protect the American people from national security threats involving telecommunications''
The government is looking to sell 5%-10% in Coal India Ltd, Hindustan Zinc Ltd, Rashtriya Chemicals and Fertilizers Ltd via the so-called offer-for-sale mechanism
The Delhi High Court on Friday granted bail to former MD and CEO of YES Bank, Rana Kapoor, in a money laundering case being probed by the Enforcement Directorate. The order was pronounced by Justice Sudhir Kumar Jain on the bail application by Kapoor. The case pertains to Enforcement Directorate's probe against Gautam Thapar, Avantha Realty Ltd (ARL), Oyster Buildwell Pvt Ltd (OBPL), and several others alleging criminal breach of trust, cheating, criminal conspiracy, and forgery for diversion or misappropriation of public money during the 2017 to 2019 period. The agency had earlier told the trial court that the investigation revealed that approximately Rs 500 crore proceeds of crime were laundered through OBPL, Jhabua Power Limited (JPL), Jhabua Power Investment Ltd. (JPIL), Avantha Power and Infrastructure Ltd (APIL), ARL, etc. which were being controlled and beneficially owned directly or indirectly by Thapar. The trial court had, in October last year, taken cognizance of ED's ..
Adani wants to build a global news brand; plans to invest $4 bn in a petrochemical complex
The company will use the investment in its recently launched luxury residential project, Trident Hills, an integrated luxury township in Panchkula, to develop the new project
China's priority has been to ensure that unfinished homes get completed, while supporting the stronger firms that have so far survived the crisis
Gautam Adani is seeking legitimacy in the face of questions about his group's breakneck expansion from a traditional port operator to a sprawling empire