Page 6 - Company

Global BPM player WNS acquires enterprise automation firm Vuram for $165 mn

Founded in 2011, Vuram has 900 employees at various locations in India, US, Mexico, Australia, Canada, and UK

Reliance Jio in talks with Ericsson and Nokia for 5G telecom gear

Trial with Ericsson to start in a few days, marking a change in Jio's earlier tie-up with Samsung

Andhra, Gujarat 'top achievers' in govt survey on reforms for business

The latest fifth edition of the Business Reforms Action Plan (BRAP), 2020, by the industry department did not rank states on the ease of doing business measures undertaken by them

Murugappa Group posts 23% rise in net profit in FY22, manufacturing grows

Murugappa Group's turnover increased by 31 per cent to Rs 54,722 crore, as against Rs 41,706 crore in 2020-21

Retail tech firm Arzooo raises $70 mn in Series B led by Japan's SBI group

Existing investors Celesta Capital and 3 Lines VC also participated in this round, along with Trifecta Leaders Fund and Tony Xu, the Founder of Doordash

India will have 122 new unicorns in 4 years: Hurun Research report

In just one year, the number of such startups has increased by 65%

Eveready set to transform with growth & governance-driven roadmap, says MD

The company has chalked out improvement plans for each of its business categories and separate business unit teams are working on the plans

Asian Paints sees scope to reinvent amid continuing global uncertainties

Chairman Deepak Satwalekar tells investors at AGM that the firm's network penetration and brand strength saw its decorative business deliver 31% growth by volume and 36% by value in FY22

From Jio to TVS, generational change sweeps through India Inc's boardrooms

From rotating chairmanship to handing over firm to professionals, top family businesses have tried different formulae to ensure smooth transition

Chile: Man, who got paid 286 times his salary, resigns and disappears

To retrieve the money, the company has now reached out to various agencies and registered a complaint against the employee

Walgreens defers Boots UK sale; Reliance to look for other opportunities

RIL will continue to look for growth opportunities overseas if good opportunities arise, said company insiders

Dish TV-YES Bank saga throws non-retiring director puzzle into sharp relief

Goel's ouster from Dish TV board will require another resolution

SP group back in business as fortunes revive in post pandemic era

Company turned around in FY22 after the Covid pandemic hit its core real estate operations in FY21; experts say Pallonji Mistry's sons now lead the businesses

Towering legacy: Pallonji Mistry's business achievements span continents

The patriarch of the over 155-year-old construction empire held an 18.4 per cent stake in Tata Sons

We'll stay the course in our strong expansion of Tata Steel: Chandrasekaran

Tells investors at AGM that Indian steel industry is globally competitive and companies should be able to expand capacity in value-added products for both, Make in India and Make for The World

Carlyle to acquire minority stake in Gujarat tile firm Varmora Granito

Indian company says it will use partnership for investments in brand building and, expanding distribution

For Bajaj Auto, share buyback worth up to Rs 2,500 crore spurs optimism

Fall in raw material prices, low base, and normal monsoon are other positives

Powering a range of devices to give specially-abled a sense of independence

Chennai-based startups use EV and augmented alternative communication to offer solutions that allow their special customers to lead much more normal lives than they could otherwise

India has the third most NFT companies headquartered in the world

While the world of NFTs is still in its infancy, many have been quick to realise the potential of this new digital asset class and the multitude of ways they can be used

Mylab picks up majority stake in point-of-care testing firm

Sanskritech has develop a point of care testing platform Swayam that can do 70 tests on the spot