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Imports from China, Asean at predatory prices main concern: Jayant Acharya

Even imports from Japan and Korea have been elevated. India is basically a vulnerable ground because our domestic demand is very good, said Jayant Acharya, JMD, JSW Steel

Imports from China, Asean at predatory prices main concern: Jayant Acharya
Updated On : 21 Jul 2024 | 11:21 PM IST

Aim to reduce CD ratio as fast as possible: HDFC Bank MD & CEO Jagdishan

Bank to Prioritise Engagement and Service Over Interest Rates for Deposits

Aim to reduce CD ratio as fast as possible: HDFC Bank MD & CEO Jagdishan
Updated On : 21 Jul 2024 | 10:56 PM IST

WazirX major security breach: Calls for legal recourse grow louder

Legal experts tracking the sector believe that users who have lost their funds can look at the country's consumer protection laws as one recourse

WazirX major security breach: Calls for legal recourse grow louder
Updated On : 21 Jul 2024 | 10:49 PM IST

Focus remains strong in delivering innovative solutions: Ramco Systems

Ramco Systems was well-positioned to capitalise on the opportunity as demand for transformation continues to grow and focus remains strong to deliver innovative solutions that drive efficiency and productivity, a top official has said. The focus of the city-based enterprise software product provider, remains strong to deliver innovative solutions that drive efficiency, productivity and competitive advantage for the clients, Chairman P R Venketrama Raja said. "Businesses worldwide are significantly increasing their technology investments. Organisations are prioritising digital transformation initiatives, recognising that their competitive edge and value creation depend on effectively leveraging technology across processes, products, services and customer experiences," Raja said. Ramco Systems was witnessing the beginning of a turnaround with several positive developments across operations. "We have been working tirelessly to strengthen our core operations to seize new growth ...

Focus remains strong in delivering innovative solutions: Ramco Systems
Updated On : 21 Jul 2024 | 10:20 AM IST

HCLTech plans to deduct leaves of employees who don't show up to office

The IT major is planning to link attendance with leaves wherein, if HCLTech employees fail to come to the office for at least thrice a week, the company plans to deduct their leaves

HCLTech plans to deduct leaves of employees who don't show up to office
Updated On : 19 Jul 2024 | 4:02 PM IST

Momentum we saw in Q1 will be maintained in Q2: LTIMindtree CEO & MD

Debashish Chatterjee, chief executive officer and managing director of LTIMindree talks about the growth drivers

Momentum we saw in Q1 will be maintained in Q2: LTIMindtree CEO & MD
Updated On : 18 Jul 2024 | 7:38 PM IST

Warner Bros Discovery mulls major restructuring to boost stock value

CEO David Zaslav is evaluating various strategic paths, which may include asset sales or establishing a new entity for its Warner Bros movie studio and Max streaming service

Warner Bros Discovery mulls major restructuring to boost stock value
Updated On : 18 Jul 2024 | 1:54 PM IST

Unilever job cuts: HUL to assess parent's global initiatives for its biz

Unilever recently told employees it will slash a third of office-based jobs in Europe by end of 2025

Unilever job cuts: HUL to assess parent's global initiatives for its biz
Updated On : 14 Jul 2024 | 11:19 PM IST

Lonely dead pool club: Shutdowns fall 99.8%, startups face a zombie threat

While founders have now become more prudent, there are firms that continue to burn cash to survive and may soon end up in the dead pool once their runway ends

Lonely dead pool club: Shutdowns fall 99.8%, startups face a zombie threat
Updated On : 08 Jul 2024 | 12:07 AM IST

QMS Medical acquires 51% stake in Saarathi Healthcare for Rs 45 crore

QMS Medical Allied Services on Friday said it has acquired a 51 per cent stake in Saarathi Healthcare for Rs 450 crore. Mumbai-based QMS MAS is engaged in the marketing and distribution of a wide range of medical products. "The acquisition of Saarathi is the natural extension of our services and another step of our expansion plan. Where QMS MAS specializes in patient screening, Saarathi specializes in disease management leading to better disease outcomes essentially enabling us to provide a comprehensive portfolio to our clients," QMS Medical Allied Services CMD Mahesh Makhija said in a statement. This move will have a significant addition to company's revenues and profitability from the onset of the next fiscal year, he added. Saarathi Healthcare Founder & CEO Ranjeeta Vinil said the companies will forge ahead with collective strength in products and services.

QMS Medical acquires 51% stake in Saarathi Healthcare for Rs 45 crore
Updated On : 05 Jul 2024 | 11:21 PM IST

New launch success, Jaguar Land Rover margin key for more gains in TaMo

Restructuring of domestic operations over the next year, new launches, higher sales at subsidiary Jaguar Land Rover (JLR), and further deleveraging are key triggers for the stock

New launch success, Jaguar Land Rover margin key for more gains in TaMo
Updated On : 02 Jul 2024 | 10:17 AM IST

YC-backed AI startup Pivot Robots raises funding from NuVentures

Pivot Robots, founded last year by two Carnegie Mellon University graduates Siddharth Girdhar and Vignesh Rajmohan, uses artificial intelligence to power automation in the manufacturing sector

YC-backed AI startup Pivot Robots raises funding from NuVentures
Updated On : 01 Jul 2024 | 3:35 PM IST

We have strong pipeline of over $50 mn AI-led deals: Sonata Software CFO

A strong pipeline of large deals is expected to drive growth for the Bengaluru-based company

We have strong pipeline of over $50 mn AI-led deals: Sonata Software CFO
Updated On : 30 Jun 2024 | 1:54 PM IST

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Updated On : 27 Jun 2024 | 8:39 PM IST

LG Electronics plans IPO in India to boost fundraising, claims report

A South Korean business daily reported that the LG Group has approached foreign investment banks and local law firms to discuss the listing of LG Electronics in India's stock market

LG Electronics plans IPO in India to boost fundraising, claims report
Updated On : 27 Jun 2024 | 11:02 AM IST

Report indicates no fraud at Byju's, Govt says probe is still underway

The Ministry of Corporate Affairs' investigation offers some relief to Byju's, as it temporarily halts any new scrutiny by Indian officials on already investigated issues

Report indicates no fraud at Byju's, Govt says probe is still underway
Updated On : 26 Jun 2024 | 1:13 PM IST

Decarbonisation strategy: Tata Steel, Dutch govt may finalise deal by FY25

Decarbonisation at Ijmuiden plant will be in two phases, with one blast furnace to be replaced before 2030

Decarbonisation strategy: Tata Steel, Dutch govt may finalise deal by FY25
Updated On : 23 Jun 2024 | 11:16 PM IST

Byju's moves Karnataka HC against NCLT order barring second rights issue

The National Company Law Tribunal (NCLT) Bengaluru on June 12 told Byju's to maintain the status quo with regard to existing shareholders and their shareholding

Byju's moves Karnataka HC against NCLT order barring second rights issue
Updated On : 23 Jun 2024 | 6:13 PM IST

Your next smartphone can come pre-installed with India's own Indus Appstore

PhonePe is in advanced talks with major smartphone manufacturers to include its homegrown Indus Appstore in their devices

Your next smartphone can come pre-installed with India's own Indus Appstore
Updated On : 21 Jun 2024 | 4:24 PM IST

Hindustan Zinc, AEsir Tech tie up for developing next-gen zinc batteries

Hindustan Zinc Ltd on Friday said it has partnered with US-based AEsir Technologies, Inc for development of next-generation zinc batteries. The company has signed a memorandum of understanding (MoU) with AEsir Technologies, Inc., a company that specialises in next-generation zinc battery technologies, to be the preferred supplier of zinc, a key raw material, Hindustan Zinc Ltd (HZL) said in a statement. The MoU is in line with the company's efforts towards exploring emerging applications of zinc in the clean energy transition, it said, adding that zinc batteries are revolutionising energy storage due to their corrosion resistance, cost-effectiveness, recyclability, stability and environmental friendliness. "This partnership with AEsir Technologies is yet another step in our ongoing developmental work in the emerging clean technology space. "By providing high-quality zinc for cutting-edge energy storage, we are opening sophisticated new avenues for environmentally friendly solutions

Hindustan Zinc, AEsir Tech tie up for developing next-gen zinc batteries
Updated On : 21 Jun 2024 | 2:47 PM IST