Page 29 - Indian Companies

Maharashtra curfew: Half of factories may remain shut for next fortnight

Businesses across sectors feel the heat

Apollo Tyres forays into truck and bus tyre segment in US, Canada

Apollo Tyres on Wednesday announced its foray into the truck and bus tyre segment in the US and Canada, following the launch of its passenger vehicle range in the two markets. The commercial vehicle range has been introduced under the Apollo brand although the PV (passenger vehicle) range was launched under the premium European brand, Vredestein last September, the company said in a statement. The north American range of truck and bus tyres will be produced at the company's manufacturing units in Hungary and Chennai, India. The tyre line-up will encompass a full range of regional, super-regional, coach/urban and mixed-use applications with fitments for rims ranging from 17.5 inches to 24.5 inches, it added. Apollo Tyres Assistant Vice President (Americas) Abhishek Bisht said, "Our market entry in North America is preceded by decades of global commercial vehicle tyre manufacturing and distribution expertise. We come to market positioned to make an immediate impact by offering a tier

Most Indian firms look to fill open roles internally: LinkedIn report

The report stated that seven in 10 companies in India said the main reason they hire internally is to gain an insider's perspective or a sense of progress.

Legality versus morality

Law and morality are often not aligned. Apart from regulations, we must consider the difficult perspective of character versus morality by exploring "behavioural corporate governance"

Renewed risks to recovery

Rising Covid cases could reverse recent gains

Progress comes in layers

The 'Silent Transformation of India' is now maturing, creating a fertile ground for growth of new businesses

Benetton India inks licensing agreement with Timex to launch watches

Timex India on Tuesday said it has entered into a licensing agreement with apparel brand and Benetton India for design, manufacture and distribution of Benetton watches in the domestic market. With this partnership, Benetton India will foray into the watches business. "Benetton... has joined hands with the trusted brand of watchmakers Timex India, to introduce an exclusive line of watches in the Indian market. This one-of-a-kind collaboration is part of a licensing deal where Benetton India will be at the forefront of creative inspiration... while Timex India will spearhead the overall designing, manufacturing and distribution," Timex said in a regulatory filing. The partnership, which is exclusive to the Indian market, is a strategic business move for both Benetton and Timex to deepen footprint and reach in the country, it added. Products from this partnership are slated to be launched in the second quarter of the current financial year. Sundeep Chugh, Managing Director and Chief

Modi Group's Indofil eyes higher share of global biz this financial year

Company claims to have export presence in more than 120 countries, expects further growth via brownfield and Greenfield expansions and acquisitions

Lockdowns again: Migrant crisis to job cuts, fear has come back too soon

The lockdown will hurt urban employment in April or beyond

Individual investors seeking yield in India snap up risky firms' debt

Company note sales to retail investors have more than doubled from a year earlier to Rs 6,720 crore so far in 2021

On the verge of bankruptcy: How Cafe Coffee Day ground to a halt

After group company Sical Logistics was sent to NCLT, the listed company is next in queue

Board rules for fair play

Corporate India may not be too thrilled, but Sebi's proposals on independent directors are good for India's governance credentials

Sterling Holiday Resorts to have 5,000 rooms in its inventory by 2025

Sterling Holiday Resorts is looking to take the total numberof rooms in its inventory to 5,000 by 2025 as part of robust growth plans going forward, a top company official said. The company currently has over 2,400 rooms in over 35 resorts acrossIndia, including Sterling Nature Trails. "Sterling has aggressive expansion plans and aims to double its inventory from the current 2,400-plus rooms to 5,000 rooms by 2025. "In line with this, over the last one year, Sterling has opened resorts in Guruvayur, Thekkady and Rishikesh," Sterling Holiday ResortsChairman and MD Ramesh Ramanathan told PTI. For the upcoming resorts, several locations are on active search including Mysore, Udaipur, Jodhpur, Varanasi, Coorg and Kumarakom. Apart from this, we are keen on exploring options near Mumbai and along the coasts of Orissa, he added. When asked about the investment the company will be making for the expansion,Ramanathan said, "Our unique hybrid model enables us to expand using an asset light

Microblogging platform Koo eyes going global after cracking India market

Firm will co-exist with Twitter rather than be a competitor, says CEO Radhakrishna

Apply strict safety norms, not lockdown as Covid-19 cases rise: CEOs' poll

Partial lockdown measures may impact movement of labour & goods, they say

Sebi's delay makes RIL order absurd

In January 2000, the promoters of Reliance Industries Ltd (RIL), and other entities acting in concert, raised their stake in RIL by 6.83 per cent through converting warrants issued in 1994

Tata-Mistry case: SC verdict puts spotlight on duties of nominee directors

The Supreme Court's observations in the Tata-Mistry case has raised questions about the fiduciary duties of nominee directors

6 start-ups join unicorn club this week; 150 likely by 2025, say experts

The pandemic is expected to accelerate big-ticket venture capital, private equity as well as consolidation related deals in unicorns and soonicorns in the country

Higher volumes, price hikes put cement firms on strong footing

Cement is among the few sectors witnessing strong demand and pricing power

IBBI upholds resolution professionals' independence under pre-pack schemes

In regulations issued on the Ordinance on pre-pack resolution, the IBBI said an insolvency professional can be appointed as resolution professional if they are independent of the corporate debtor.