scorecardresearch
Corporate

Corporate

Analysts tracking the group point to various possible scenarios emerging with the objective of making each of its businesses robust in a dynamic global environment

Tata Steel merger is just the beginning! N Chandrasekaran's game is to consolidate further

Sep 27, 2022

Potential opportunities could be in the telecommunications and digital business. The group has 29 listed entities and achieving greater scale is critical in a global economic environment.  

IKEA India has 3,000 part-time employees working as few as 2 days per week; here's how it manages

Sep 27, 2022

About a quarter of the world’s biggest furniture company IKEA’s 3,000 employees in India are on part-time roles, working as few as two days a week.

Unilever's shares rose almost 4% in early trading, hitting their highest since August last year.

Unilever CEO Alan Jope set to leave after GSK debacle, arrival of activist investor

Sep 27, 2022

The British consumer products maker said its board would start a formal search for a successor to Jope, a Unilever veteran who took up his role at the start of 2019, considering both internal and external candidates.

Locations, where it intends to expand, include Rourkela, Dehradun, Vapi, Chennai, Coimbatore, Thiruvananthapuram and Ahmedabad, he said.

PVR to invest Rs 350 crore for 100 new screens in FY23; expects Inox merger to close by February next year

Sep 27, 2022

It also expects its mega-merger with Inox Leisure to close by February 2023, after which it will start to run as a combined business, PVR’s chief executive Gautam Dutta said.

 Google is facing a series of antitrust cases in India and stricter tech-sector regulations.

Google's India policy head Archana Gulati resigns: Report

Sep 26, 2022

Gulati, who previously worked at Prime Minister Narendra Modi's federal think-tank, declined to comment.

A USD 37 billion organization, Tata Motors is a leading automobile manufacturer of cars, utility vehicles, pick-ups, trucks, and buses.

Tata Motors geared up for transition towards electric products, says executive director

Sep 26, 2022

The automobile manufacturer on Monday made another addition in its pickup segment with the launch of Yodha 2.0, Intra V20 bi-fuel, and Intra V50. The company is looking to transition to electric mobility through vehicles powered by alternative fuel options, including CNG.

This decision was taken to address the unanticipated surge in demand for clearance certificates.

Getting police clearance certificate for passport becomes easier, MEA takes this step

Sep 26, 2022

This decision was taken to address the unanticipated surge in demand for clearance certificates. This step would significantly add to the availability of PCC appointment slots, and at an earlier date.

Sebi has levied a fine of Rs 5 lakh each on 19 individuals

Sebi imposes Rs 95 lakh on 19 individuals for fraudulent trading 

Sep 26, 2022

The regulator conducted an investigation in the scrip of Global Infratech and Finance Ltd (GIFL) for the period December 2017 to February 2018 to ascertain any violations of PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) norms.

The proposed unit will be located in Salarpur industrial region in the Alwar district.

Hero Electric to set up Rs 1200 crore electric vehicle manufacturing plant in Rajasthan  

Sep 26, 2022

Hero Electric MD Naveen Munjal said that this manufacturing facility is part of the company's capacity enhancement to boost EV adoption across India. The unit, he said, will allow the state to spearhead a clean mobility solution shift and promote ecological tourism practices. 

Techies allege that Infosys, Tech Mahindra, and HCL Tech have not onboarded job claimants months after offering them a job.

Infosys, HCL Tech, Tech Mahindra accused by techies for delay in onboarding

Sep 26, 2022

IT giants Infosys, HCL Technologies, and Tech Mahindra have also delayed the onboarding of techies. Business Today previously reported that the onboarding had been delayed at Wipro and Capgemini.

The Micro, Small, and Medium Enterprises (MSMEs) sector has seen a digital acceleration in the past few years like never before.

MSMEs' business spending has the potential to reach $15 trillion by 2030

Sep 26, 2022

The report, prepared by Kearney and EnKash, revealed that while demonetisation and the pandemic accelerated digital adoption within this sector, the pace at which they should adopt digital tools is relatively slow.

Litigation finance firm Omni Bridgeway plans India entry

Global litigation finance major Omni Bridgeway eyes India entry

Sep 26, 2022

Omni Bridgeway is one of the largest litigation finance firms globally with assets under management totalling $3 billion; Indian litigation funding has enormous potential, says Tom Glasgow, Managing Director, Omni Bridgeway.

With billions of dollars being pumped into various sectors that Reliance and Adani operate in, along with very ambitious plans, both the groups are understandably compelled to hold on to human talent.  

'Talent hard to find': What the Ambani-Adani 'no-poaching pact' really means

Sep 26, 2022

While it is not a new concept in India, the agreement is also to ensure they retain their talent ahead of big-ticket investments into renewable energy, petrochemicals and cement among other sectors

The Bengaluru wing of the DGGI has issued show cause notice to online gaming company GamesKraft Technology Private Ltd for an amount of Rs 21,000 crore

Major tax crackdown on online gaming firms in India; Rs 21,000 cr GST notice sent to GamesKraft

Sep 25, 2022

Interestingly, the DGGI has informed the Court that it is carrying out similar proceedings against the entire online gaming industry in India. “The department is expecting to recover nearly Rs 2.5 lakh crore in taxes from the online gaming companies," the source added.

The premium Galaxy S22 series is available at 17 to 38 per cent discounts.

Amazon, Flipkart sale: Samsung creates new record, sells over 12 lakh smartphones on Day 1

Sep 25, 2022

Galaxy series smartphones are available at 17 to 60 per cent discounts during the festive sales on Flipkart and Amazon.

Apollo Tyres Vice Chairman and MD Neeraj Kanwar relocated to London in 2013 when the company wanted to acquire the American firm Cooper Tires.

Why India Inc’s leaders and executives are moving abroad

Sep 25, 2022

Eicher Motors MD and CEO Siddhartha Lal relocated to London in 2015 to be close to Royal Enfield’s new R&D centre in Leicestershire. Hero Cycles Chairman and MD Pankaj Munjal also spends nine months a year in London to focus on the European e-bike market. 

RPG Enterprises chairman Harsh Goenka

Moonlighting: Harsh Goenka backs Wipro, says IT firm can't be compared with Swiggy. Here's why

Sep 25, 2022

Some companies like the online food ordering and delivery platform Swiggy have announced their employees to take up a job outside before or after office hours and on weekends that does not impact their business. However, IT companies like Wipro, Infosys, TCS, and IBM have taken a position against it.

Founded in 1984, the Bangaluru-headquartered Tata Group firm has, over the years, expanded into segments that augment well with its core portfolio of Titan and Fastrack watches and branded jewellery.

Did you know jewellery market leader Titan also sells perfume and sarees? Here's the lowdown

Sep 25, 2022

It may be the market leader in branded jewellery & watches with its brands like Tanishq, CaratLane, Titan & Fastrack, those are just a part of its diversified business.

Representative image

'I have to pay education loan': After Wipro, techies accuse Capgemini of delay in onboarding

Sep 25, 2022

Out of the several techies awaiting Capgemini's onboarding, some have offers from Wipro as well, but neither of the companies has provided any dates for joining.

Nithin Kamath, co-founder and CEO of Zerodha - Image source: Twitter.com/Nithin0dha

‘Burn 350 calories and get 1 month's salary’: Zerodha's Nithin Kamath offers Rs 10 lakh reward to employees

Sep 24, 2022

According to Kamath, the employees must achieve their daily health goal 90 per cent of the days over the next year to be rewarded.

Nestle, which operates 9 plants employing roughly 6,000 people across the country, is looking at new locations to expand manufacturing capacity.

Nestle to set up new plants in India, invest Rs 5,000 crore in 3 years

Sep 24, 2022

Mark Schneider, CEO of Nestle, while sharing the investment plans for the Indian market, said the Swiss food & beverage company has an investment plan of Rs 5,000 crore through 2025.