Page 6 - Indian Companies

83% jump in hirings: FY22 could be IT's best ever, shows data

Big 5 will collectively induct at least 160,000 employees

Supply chain visibility player FourKites looks to expand presence in India

The company is credited to have tracked 2.5 mn global shipments daily in 2021 and boasted of ties with 50% of the fortune 500 giants during the year

Bombay Shaving Company raises Rs 160 crore from multiple sources

The hair removal brand plans to launch in international markets such as: US, Europe, GCC and Australia.

Plixxo, MissMalini, Winkl and Vidooly to create largest creator platform

Beauty conglomerate Good Glamm Group has invested Rs 200 crore seed capital in the new creator platform called Good Creator Co.

CCI orders probe against IREL for abuse of dominant position

Competition Commission has ordered a detailed probe against state-owned IREL (India) Ltd, which is into mining and production of minerals, for alleged abuse of dominant position.

Sanjeev Churiwala joins Tata Power as chief financial officer

Tata Power on Monday said Sanjeev Churiwala has joined the company as its new Chief Financial Officer. Ramesh Subramanyam, the erstwhile CFO, will be moving into a new role within the Tata Group, the company said in a statement. Churiwala has more than 27 years of corporate experience spanning across the financial services sector. He was previously with Diageo as the Regional Finance Director-APAC and Global Travel Retail. He has also worked with Holcim's Indian listed subsidiary Ambuja Cements. "We welcome Sanjeev to the Tata Power family. He brings with him vast experience in financial management along with strong strategic capabilities. His vast Indian and global experience will be valuable to us as we accelerate towards the next phase of profitable and sustainable growth," Tata Power CEO and MD Praveer Sinha said. Churiwala holds an Executive MBA degree from the London Business School and is a fellow member of The Institute of Chartered Accountants of India, Institute of Compa

ONGC appoints Alka Mittal as company's first ever female Chairman & MD

She was the senior-most ONGC Board Member after Kumar's retirement

M-cap of nine of top-10 most-valued firms jumps over Rs 1.11 trillion

The valuation of Tata Consultancy Services jumped Rs 24,635.68 crore to reach Rs 13,82,280.01 crore

India's new billionaires: A record 40 promoters entered the club in 2021

A record 40 promoters entered the club in 2021, beating the previous high of 24 in FY10

After Hindustan Unilever, Colgate items to go off shelves in Maharashtra

Distributors in state to stop supplying Colgate products in phases from January 1

India Inc expects 2022 to be a growth story: Business Standard CEO poll

India Inc to hire more and increase capacity in the new year to meet rising demand

Asian Paints second most valuable paints company in the world

The company's stock price ended 0.5 per cent higher on Friday at Rs 3,382 on the BSE

Flipkart tops Fairwork India Ratings 2021, Urban Company comes in second

Flipkart is followed by Urban Company, Asia's largest home services marketplace and Tata-owned online grocer BigBasket.

IPO fireworks in New Year too; firms likely to garner Rs 1.5 trillion

All said, the possible impact of the coronavirus pandemic, especially with the emergence of Omicron, might still be a cause for concern

India Inc raises over Rs 9-trn through equity, debt issuances in 2021

In 2020, firms raised Rs 11 lakh crore, including Rs 7.91 lakh crore through debt and Rs 2.12 lakh crore through equity

Acquisitions, strong growth outlook likely to limit downside for Wipro

Prior to the recent rally, the stock had been an underperformer

GST officers unearth Rs 150 crore cash at UP businessman house

GST officers on Friday searched residences of partners of UP-based Odochem Industries and unearthed over Rs 150 crore cash, along with factory premises of Shikhar brand Pan Masala manufacturer and a transporter on charges of under-invoicing and tax evasion. The factory premises of Trimurti Fragrance Pvt Ltd, manufacturers of Shikhar brand Pan Masala and Tobacco products, and office/godowns of transporter Ganpati Road Carriers were searched and "tax dues" of over Rs 3 crore was recovered, the finance ministry said in a statement. Residential premises of Kannauj-based Odochem Industries, who were supplying perfumery compound, mostly in cash, were also searched on suspicion that the sale proceeds in cash were secreted in the premises. During the search proceedings at the residential premises, huge amount of cash, wrapped in paper, has been found. The process of counting of cash has been initiated with the help of officials of State Bank of India, Kanpur, which may continue till Friday

Edtech needs to self-regulate before strict norms enter the scene: Industry

Govt advisory half-hearted, won't help curb malpractices in sector: Activists

Hindustan Unilever eyes central India to boost nutrition business

Aims double-digit growth in the region from current 1% this calendar year

FIBAC 2021: India Inc spoilt for choice as funding avenues open up

Panelists at FIBAC say banks lose monopoly of being only source of funding to firms