India Companies News
Thu, 08 Dec 2022 00:25:00 +0530Xiaomi India's Chief Business Officer Raghu Reddy resigns: Report
Reddy, who spent more than six years at Xiaomi India, was elevated as Chief Business Officer for its India operations in February 2020
Thu, 08 Dec 2022 00:08:00 +0530Sebi issues Rs 6.42 cr demand notice to Sahara group in OFCD issuance case
Sebi on Wednesday sent a notice to Sahara Group firm, its chief Subrata Roy and others asking them to pay Rs 6.42 crore within 15 days in a case pertaining to flouting regulatory norms.
Sebi also warned of attachment of assets and bank accounts, if t...
Thu, 08 Dec 2022 00:02:00 +0530Fullerton acquisition deal: Sumitomo Mitsui Group faces $670-mn tax bill
The South Asian govt's tax department has asked the bank to pay the amount on behalf of seller Fullerton Financial Holdings Pte, arguing that it should have withheld the sum during the acquisition
Wed, 07 Dec 2022 23:48:00 +0530Google says not allowing ads promoting online gambling in India
After the Centre directed Google to stop showing betting companies ads for Indian users, the tech giant on Wednesday said it does not allow any advertisements that promote online gambling
Wed, 07 Dec 2022 22:22:00 +0530Dabur India enters women's personal hygiene with sanitary napkin launch
Product will only be sold online, comes in two variants
Wed, 07 Dec 2022 22:19:00 +0530Vedantu gives pink slips to 385 employees in 3rd round of layoffs this year
It has sacked over 1,100 employees, so far, amid funding winter
Wed, 07 Dec 2022 22:19:00 +0530Aparajitha eyes new deals after 76% stake buy in Quess Corp arm Simpliance
The firm aims to become the top player in India' compliance segment; currently has 1,700 employees and over 1,750 clients across 25 states
Wed, 07 Dec 2022 21:37:00 +0530Cummins, Tecnimont to provide tech support to GAIL for MP gas company
Global power solutions provider Cummins in collaboration with Tecnimont will help GAIL in setting up a proton exchange membrane electrolyzer for the public sector natural gas company at Vijaipur in Madhya Pradesh, a release said on Wednesday.
The fac...
Wed, 07 Dec 2022 21:17:00 +0530Vodafone's largest shareholder rules out bid after raising its stake
Abu Dhabi's Emirates Telecommunications Group Co., also known as Etisalat, said it now owns 11% of Vodafone, up from 10% earlier
Wed, 07 Dec 2022 21:11:00 +0530Strong interest: DIPAM receives as many as 167 queries about IDBI sale
9-10 serious bidders seek clarity on the expression of interest
Wed, 07 Dec 2022 20:32:00 +0530Gig workforce to add 9-11 million jobs by 2025 in India, says report
With more and more companies preferring to hire employees on project basis, a report has revealed that there is likely to be 90-110 lakh additions to the gig workforce by 2025, a report said on Wednesday.
The gig economy has been one of the most pivo...
Wed, 07 Dec 2022 20:13:00 +0530Renault India to hike prices across models from Jan to offset input costs
Carmaker Renault India on Wednesday said it will increase the prices of its vehicles across models from the next month to partially offset rising input costs.
The company -- which sells small car Kwid, multi-utility vehicle Triber and compact SUV Kig...
Wed, 07 Dec 2022 19:59:00 +0530Work on Adani's Vizhinjam port to resume after fishermen suspend protests
Fisherfolk camped in a makeshift shelter at Vizhinjam, in the state of Kerala since September, have blocked vehicles and halted work on a project they blame for coastal erosion
Wed, 07 Dec 2022 19:55:00 +0530Myntra's End of Reason Sale set to cater to five million shoppers
This edition of EORS is bigger, with a 70% higher style count than the previous; will have 1.7 million styles across 6,000 popular domestic and international brands on offer
Wed, 07 Dec 2022 19:43:00 +0530Retired BPCL Chairman Arun Kumar Singh appointed ONGC CMD for three years
New board level positions also created at ONGC with an eye on emerging global trends in oil and gas
Wed, 07 Dec 2022 19:36:00 +0530Edtech firm Vedantu lays off 385 employees in 4th job cut round this year
Layoffs have happened across sales, HR, and content teams which, according to the company sources, is part of an aggressive measure to reduce excess burn, thus prioritising profitability over growth
Wed, 07 Dec 2022 19:30:00 +0530Three of 10 Indians watch online videos at least once a month: Ormax Report
OTT market now embraces 30% of Indian population, YoY growth is 20%
Wed, 07 Dec 2022 19:28:00 +0530Govt open to a comprehensive package for Vodafone Idea, with conditions
It wants promoters to pitch in first or bring new investors
Wed, 07 Dec 2022 18:54:00 +0530NIIF to make investment of Rs 631 crore in GMR Group's Mopa airport in Goa
The investment will be made via compulsory convertible debentures in GMR Goa International Airport, the special purpose vehicle (SPV), which will operate the new airport in Goa
Wed, 07 Dec 2022 18:46:00 +0530HCLTech joins hands with Intel and Mavenir for enterprise 5G solutions
The three will develop cloud-native E2E architecture of an Intel Xeon processor-based 5G solution, leveraging Mavenir RAN, Intel SmartEdge, and HCLTech's management and automation services