Page 37 - Companies

Margin scale up key trigger for genset manufacturer Cummins India

Easing commodity prices and exports to drive profitability for company, say analysts

India's 1st blockchain, news platform launches Web3 based ad network

India's First Blockchain and News Platform by Wortheum has Launched Web3 Based Ad Network

Air India rolls out new grooming guidelines; use of hair gel, shave must

Tata-owned Air India (AI) has released latest grooming guidelines for all its crew members while giving clear instructions about the 'No More Chalta Hai'culture

Elon Musk's 'hardcore' management style: A case study in what not to do

Musk, the world's richest man, appears in a hurry to make Twitter into a money-spinner, but it takes time to understand the requirements for successful organisational change

World's most expensive drug approved to treat Hemophilia at $3.5 mn a dose

CSL Behring's Hemgenix, administered just once, cut the number of bleeding events expected over the course of a year by 54%, a key study of the therapy found

Musk refuses to reimburse 'millions of dollars' owed to Twitter vendors

This comes amid, several cost-cutting measures by Musk to make Twitter more profitable, including layoffs across Twitter offices around the world

Adani FPO could be India's largest-ever; board to approve proposal on Fri

The follow-on offering will help the firm broaden its investor base

Disney finally gets a break in China with theater release for Avatar 2

Avatar: The Way of Water, a follow-up to the 2009 hit movie, was cleared for a Dec. 16 release date, raising the earnings potential for one of Disney's biggest films of the year

Violent protests erupt at Apple's biggest iPhone-making plant in China

Hundreds of workers at Apple's main Foxconn plant in China clashed with security personnel, as tensions boiled over after almost a month under tough restrictions intended to quash a Covid outbreak

Air India expands its US, Europe network with new non-stop flights

To operate new Mumbai-New York flights; resume flights to Copenhagen, Milan, Vienna from Delhi

Binance to hire 8,000 people by 2023 end, says CEO Changpeng Zhao

Binance CEO Changpeng Zhao has stated that the company is targeting to hire 8,000 people by the end of the year

Bridgestone appoints Stefano Sanchini as head of India operations

Japanese tyre maker Bridgestone has appointed Stefano Sanchini as the head of its India operations with effect from January 1 next year. He will replace Parag Satpute, who will be heading to Amsterdam (the Netherlands) to assume a new global role in Bridgestone's Solutions Business, the company said in a statement. Sanchini is currently VP Region Middle-East and Africa, (MEA). Satpute will relinquish his current charge on January 1, 2023 and Sanchini will assume his role from the same date, the company said. As we move into new technologies and mobility solutions, the Indian market is going to be a focus area and I am happy to be here as we spread out these solutions to the vast Indian customer base, said Sanchini.

Adani, Ambani set to clash over distressed assets of Lanco Amarkantak Power

The direct clash between the two major industrialist groups is set to happen during an auction on November 25

Higher costs and elusive profits: Why quick deliveries in India may go slow

A founder of a quick service company reportedly said that the 10-minute delivery was something of a "gimmick" as the speed of the delivery has slowed down and the costs have rise

Billionaire Gautam Adani's firm weighs $1.8 bn fundraise in new shares

Billionaire Gautam Adani's conglomerate is working with advisers on the follow-on issue and could sell the shares as soon as next year

Wipro becomes 1st Indian IT firm to allow Europe employees to form union

Wipro's employees that have been allowed to unionise belong to 13 countries including France, Sweden, Finland and Germany

'Substantial amount' of assets has been stolen, say FTX lawyers

Lawyers for FTX disclosed Tuesday that a "substantial amount" of assets has been stolen from the accounts of the collapsed cryptocurrency exchange, diminishing the odds that its millions of investors will get their money back. The admission came during FTX's first court appearance since the company filed for bankruptcy protection on November 11. Such hearings typically happen days after a filing, but this one was delayed because FTX's collapse came suddenly and management kept few if any records. "This company was run by inexperienced, unsophisticated and potentially personally compromised individuals," said James Bromley, a partner with Sullivan & Cromwell, the law firm hired by FTX's debt holders to navigate the company through bankruptcy. "It is one of the most abrupt and difficult company collapses in the history of corporate America." FTX, short billions of dollars, sought bankruptcy protection after the exchange experienced the crypto equivalent of a bank run. The company ...

20-minute glitch on Zerodha app; users unable to view, modify orders

Company says limited group of customers impacted; Trade execution unaffected all the while

Vedanta Group notifies third interim dividend of Rs 17.50 per share

Vedanta Group approved the third interim dividend of Rs 17.50 per share or 1750 per cent for the financial year 2022-23, on Tuesday November 2022

Fashion & beauty platform Nykaa announces CFO Arvind Agarwal's resignation

The FSN E-Commerce Ventures, that runs the fashion and beauty platform Nykaa, announced the resignation of its chief financial officer (CFO) Arvind Agarwal today on November 22