business

  1. HCLTech Q1 net profit rises 20.4 percent to Rs 4,257 crore

    New Delhi, IT services company HCL Technologies on Friday reported 20.4 per cent rise in consolidated net profit to Rs 4,257 crore for the June quarter and gave revenue growth guidance of 3-5 per cent for FY2025.HCL top executives expressed confidence of achieving "good growth in the coming...
  2. STL gets shareholders, creditors' approval for separation of global services business

    New Delhi: Optical and digital solutions company Sterlite Technologies has received approval from shareholders and creditors for the demerger of its global services business, paving the way for shares of the new business to be listed separately.According to the company, the demerger proposal...
  3. Indegene ties up with Microsoft to help life sciences companies adopt generic AI

    New Delhi: Healthcare tech firm Indegene on Thursday said it has tied up with Microsoft to empower global life sciences firms to adopt Generative AI (GenAI) services, which will drive faster innovation at scale.The companies have committed resources to develop medical and technology tools to...
  4. IAMAI expresses 'concerns' over Karnataka's draft bill on platform-based gig workers

    New Delhi, Industry body IAMAI has urged the Karanataka government to suspend the legislative process around its Platform Workers Bill to allow enough time for thorough consultations, as it flagged several "concerns" that could potentially "negatively impact ". "ease of doing business in the...
  5. From Kardashian to Mike Tyson will attend Ambani's wedding

    Mumbai, Top celebrities Kim and Khloe Kardashian, boxer Mike Tyson, former UK prime ministers and global business tycoons are expected to attend the wedding of Anant Ambani, the youngest son of Asia's richest man Mukesh Ambani , in Mumbai on Friday.After four months of star-studded pre-wedding...
  6. Alpex Solar appoints Gaurav Bector to lead global EPC business

    New Delhi, Alpex Solar on Thursday announced the appointment of Gaurav Bector as global head of its engineering, procurement and construction business with effect from July 1.The appointment is in line with the company's strategy to expand its global footprint in the EPC (engineering...
  7. Indian companies keen to explore investment opportunities in Austria: Industry

    Speaking at the India-Austria Business Forum organized in Vienna by the Confederation of Indian Industry (CII) along with the Austrian Federal Economic Chamber and the Federation of Austrian Industries in conjunction with Prime Minister Narendra Modi's visit to Austria, Labor and Economy...
  8. Inspiring Change: Stories of India's Leading Entrepreneurs

    New Delhi (India), July 11: The world's largest democracy, with the fastest growing economy, has the world's largest population. This growth has led to many billionaire entrepreneurs. However, only 11 to 15 percent of Indians work in the corporate sector, and only 5 to 10 percent of these...
  9. 360 ONE appoints Raghav Iyengar as CEO of property business

    Mumbai, July 11, 2024: 360 ONE has announced the appointment of Raghav Iyengar as Chief Executive Officer-designate of its asset management business (360 ONE Asset), subject to necessary approvals. Raghav has a rich experience of over three decades in the financial services sector. Prior to...
  10. Kalpataru Projects International gets orders worth Rs 2,995 crore

    New Delhi, Kalpataru Projects International on Thursday said the company has received orders worth Rs 2,995 crore with its joint ventures and international subsidiaries.The company said in a statement that the new orders have been received in Transmission and Distribution (T&D), Buildings and...
  11. India will be the third largest economy in the next 3 to 4 years: Piyush Goyal

    Addressing the FICCI national executive committee meeting here, Goyal said, “With India's rapidly growing start-up initiative, growing infrastructure and investments in manufacturing, they are creating many opportunities for trade, business , employment and exports. “We will be the third largest...
  12. PC shipments grew 1.9 percent globally in the second quarter this year: Report

    According to Gartner, this marks three consecutive quarters of year-over-year growth for the PC market."Low year-on-year growth, coupled with steady sequential growth, signals that the market is on the right path to recovery," said Mikako Kitagawa, director analyst at Gartner."PC inventories...
  13. Vedanta is moving towards separation of businesses: Anil Agarwal

    New Delhi: Vedanta Chairman Anil Agarwal on Wednesday said the company is going ahead with the proposed demerger of its businesses that will lead to the formation of six companies and unlocking massive value.The company has received approval from a majority of its creditors for a proposed...
  14. Maruti Suzuki India will now nurture global mobility startups

    Both Indian and global startups with innovative solutions relevant to the automobile manufacturing and mobility sector can apply for the ninth cohort of the Maruti Suzuki Accelerator, the company said in a statement.Hisashi Takeuchi, Managing Director and CEO, Maruti Suzuki India, said, "By...
  15. ShipRocket integrates Snowflake's AI data cloud to empower 1.5 lakh Indian merchants

    It will also empower Shiprocket to streamline data operations, gain real-time insights and provide an enhanced customer experience to its vast network of merchants.“This strategic collaboration enables our vendors to seamlessly scale their data infrastructure as their business grows,” Sahil...
  16. Godrej Consumer expects double digit volume growth in domestic market in June quarter

    New Delhi: Operating conditions in India continued to be weak in the June quarter, although its domestic business performed well with "high-single-digit organic volume and mid-single-digit value growth," Godrej Consumer Products Ltd said. (GCPL).The reported growth will be double digit in...
  17. Ashwin Sheth to invest Rs 5,000 crore to expand realty biz; To launch up to Rs 3,000 crore in 2 years

    Mumbai real estate firm Ashwin Sheth Group on Tuesday announced an investment of around Rs 5,000 crore to expand its business and plans to launch its first public issue in the next 18-24 months to raise up to Rs 3,000 crore.The Mumbai-based company said it achieved sales bookings of around Rs...
  18. Infosys collaborates with Sector Alarm to transform core enterprise business systems on the cloud

    New Delhi: Indian IT services company Infosys on Tuesday announced a five-year collaboration with Sector Alarm, one of Europe's leading security providers, to migrate its core enterprise business systems to the cloud.According to a release, Infosys will team up with Sector Alarm to migrate its...
  19. Bollywood half-yearly BO report: Hindi version of 'Kalki 2898 AD' the only bright spot in a dull season

    Mumbai, The success of the Hindi version of "Kalki 2898 AD" has brought a black touch to the Hindi film industry in a 2024 that was otherwise in the red with big-budget box office flops "Bade Miyan Chote Miyan," " Maidan" and "Yodha".According to the industry's semi-annual report, the business...
  20. Arunachal: Goyal meets business leaders, reviews performance of rubber industry

    Itanagar, Union Minister Piyush Goyal interacted with business leaders in Arunachal Pradesh and also reviewed the progress of the rubber industry in the state, officials said.Goyal, who is on a two-day visit to the north-eastern state, participated in the investor and industry outreach program...