Page 33 - Companies

Circle K owner in talks to buy Carrefour for about $20 billion: Report

Shares of Carrefour have risen 10 per cent in Paris trading this year, giving the company a market capitalisation of €12.6 billion at Tuesday's close

Spur Technologies sets up production unit at Hero Industrial Park

Premium bicycle parts maker Spur Technologies announced setting up of a manufacturing unit at the upcoming Hero Industrial Parkat Ludhiana

Falling reliance on China: Optimism grows for India's best-performing stock

The optimism is stemming from the company's capacity-expansion plans and potential to win more business as India cuts its reliance on Chinese suppliers

CBDT rules out extension of deadline for filing audit reports, ITRs

It said the due dates of filing audit reports have already been extended thrice till January 15 this year.

Aisatsu-mawari: The best of customer centricity

The Japanese word aisatsu is "greeting" in English and mawari is a noun form of the verb mawaru (meaning "walking around"). As its name indicates, aisatsu-mawari is to walk around to greet someone

Crisis and opportunity: 2020, the year of technology amid Covid-19 pandemic

Tech companies emerged winners from the pandemic, others quickly adapted to change and thrived, but some sank deeper into problems

America can't retain supremacy against Chinese tech by walling itself off

As China approaches technological parity with the U.S. in a variety of high-value industries, the U.S. has acted to maintain supremacy

Panel likely to meet on Monday to finalise strategic sale of BEML

The panel will meet to finalise the preliminary information memorandum and expressions of interest, said a government official.

A century after phony flu ads, companies hype dubious Covid-19 cures

The claims today are an echo from 1918, when an ad for Dr Pierce's Pleasant Pellets promised that the pills offered protection "against the Spanish Influenza."

China issues rules on social credit system amid public concerns

China has issued guidelines on developing its social credit system, which is aimed at promoting trust in companies and individuals

Despite Covid-19, M&A and PE deal value rose by 7% to $80 billion in 2020

Around 25 per cent of this deal value could be attributed to sizable inbound investments in Jio Platforms.

Old framework in new package

Book review of The Phoenix Encounter Method: Lead Like Your Business Is On Fire

Compliance with new rules for audit reports deferred to next financial year

Move comes as relief to companies, which will be able to use the additional time to prioritise allocation of resources and better prepare for enhanced requirements

Ola to invest Rs 2,400 cr for 'world's largest' e-scooter factory

Upon completion, the factory will create almost 10,000 jobs and will initially have an annual capacity of 2 million units

Corporate earnings growth, Covid vaccine to drive markets in 2021: Analysts

Corporate earnings, especially in the July - September 2020 quarter (Q2FY21), got a boost from lower raw material cost and cost cutting measures adopted by companies in the backdrop of Covid-19

CEO Delaporte turning around Wipro as stock rally 70% since appointment

Delaporte slashed the top ranks of leadership from 25 people to four. He stepped up acquisitions, with more on the way

Van Heusen to increase number of innerwear outlets to 400 in 2-3 years

The company has 45 Van Heusen Innerwear Exclusive stores, more than 350 Van Heusen mainline exclusive stores and Planet Fashion - 260 stores

Firms raise Rs 25K cr via IPOs in 2020 so far; next yr to be equally strong

In 2020 so far, close to Rs 25,000 crore has already been raised through IPOs and the figure could rise further as Burger King's Rs 810-crore initial share-sale is schedule to open on December 2

EU to allow companies access to private data to boost innovation

The EU hopes that by giving companies access to more data, it will support businesses to build new services and products but also help researchers tackle societal challenges.

Employees or contractors? Gig universe faces a social code dilemma

Globally, there have been public debates on the nature of the job of gig workers and the social security framework they deserve to get.