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Corporate Affairs
TCS profit up 9%, FY25 will be better than FY24: CEO
The company’s revenue from operations for Q1 FY25 beat Street estimates and was at Rs 62,613 crore, a 5.4% increase YoY compared to Rs 59,381 crore.
Accenture expands silicon design capabilities with acquisition of Cientra
Founded in 2015, Cientra is headquartered in the US and has offices in Frankfurt, Germany as well as in Bengaluru, Hyderabad and New Delhi.
Vedanta announces demerger plan to create six new companies
Vedanta is one of the largest generators of power and purchasers of renewable energy in the country now.
जीएसटी: विकसित भारत के लिए एक महत्वपूर्ण संचालक; विशेषज्ञ एवं व्यापार जगत
चंडीगढ़: पंजाब, चंडीगढ़ और हरियाणा के व्यापार और उद्योग संघ के सदस्यों ने बुधवार को यहां एक निजी होटल, सेक्टर 43 में “जीएसटी- विकसित भारत के लिए एक महत्वपूर्ण संचालक” विषय पर एक कार्यशाला का आयोजन किया।
सत्र का उद्घाटन मनोज कुमार…
Xiaomi eyes 70 crore device shipments by 2034 in India
As Xiaomi is celebrating its 10th anniversary in the country, it unveiled the Redmi 13 5G, wireless headphones, power banks, and smart robot vacuum cleaner on Tuesday.
Thames Water will seek fresh funding to keep business afloat
Thames Water provides water and sewage services to some 16 million customers in London and the Thames Valley region.
Glean Technologies launches new office in Bengaluru
The office will be the centre of operations for India, and will house finance, sales, R&D and business operations functions, Glean said.
India needs Rs. 44,000 Cr by 2030 to build domestic tech brands, recommends MeitY task force
The task force suggests eliminating current barriers and formulating strategies for managing and leveraging standard essential patents to safeguard domestic interests.
AstraZeneca expands Chennai Global Innovation and Tech Centre footprint
The investment marks a major milestone in AstraZeneca’s growth story in India as it celebrates its 45th year in the country this month.
Demerger of Raymond’s realty arm: Shareholders to get shares at 1:1 ratio
Raymond’s realty division reported a revenue of Rs 1,593 crore (43% YoY growth) and EBITDA of Rs 370 crore in FY23-24.
Domestic natural rubber shortages could impede tyre manufacture
Currently a severe crunch is being witnessed despite the fact that natural rubber prices have touched multi-year high.
Capgemini announces Rs 1000 crore investment for new facility in Chennai
The IT and consulting services firm said the 5,000-seat facility in Chennai will be completed by April 2027.
Unionised workers at Samsung to stage 3-day strike next week
Seoul: Unionised workers of Samsung Electronics will stage a three-day general strike next week as their negotiations with the management over wages and working conditions fell through.
The National Samsung Electronics Union (NSEU),…
Milma launches exclusive Kerala delicacies
Thiruvananthapuram: Two of Kerala's exclusive delicacies - the hugely popular 'Palada payasam' and tender coconut ice cream - will now be available for all.
These were launched by the Kerala Cooperative Milk Marketing Federation…
Zomato receives fresh Rs 9.45 crore GST demand notice
New Delhi: Online food delivery platform Zomato has received a fresh Goods and Service Tax (GST) demand notice for about Rs 9.45 crore with interest and penalty.
The company said in a stock regulatory filing that the demand has been…
Tata Consumer gets Rs 171.83 crore tax demand from I-T department
Mumbai: Tata Consumer Products Ltd on Saturday said it has received an income tax demand of Rs 171.83 crore for the assessment year 2019-20.
In a stock exchange filing, the fast-moving consumer goods (FMCG) major said the “demand…
Britannia’s Kolkata unit may be heading for closure, all permanent staff given VRS
Kolkata: Apprehensions loom over the closure of Britannia Industries' factory at Taratala in southern Kolkata with the company offering a voluntary retirement scheme (VRS) to all its permanent staff.
While the 120-odd permanent…
Samsung, Hyundai Motor lead R&D spending despite lower earnings
Seoul; Research and development (R&D) expenditures by major South Korean companies hit an all-time high last year despite their falling sales amid an economic slowdown, data showed on Sunday.
The country's top 1,000…
Want Zepto to become a $50 bn company: CEO
New Delhi; Zepto Co-founder and CEO Aadit Palicha on Sunday said they are ready to turn the quick commerce platform into a $50 billion company.
The Zomato-owned Blinkit’s rival had just raised $665 million at a $3.6 billion…
Samsung unveils industry’s first AI hybrid fridge using ‘Peltier’ modules
Seoul: Samsung Electronics on Thursday unveiled the industry's first hybrid refrigerator using semiconductor elements and artificial intelligence (AI) to improve energy efficiency and performance.
The new Bespoke AI Hybrid…