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COMPANIES NEWS - Page 62
Who is Laxman Narasimhan, the Starbucks’ new CEO?
September 4, 2022 10:32 IST
Laxman Narasimhan Starbucks New CEO: A veteran in the FMCG industry, Laxman Narasimhan will be relocating from London to Seattle to join Starbucks as their incoming CEO in October 1.
New Starbucks CEO: Pune native set to lead coffee giant, alma mater brewing with prideSubscriber Only
September 3, 2022 01:11 IST
Laxman Narasimhan was CEO of Reckitt, which also makes Durex condoms, Enfamil baby formula and Mucinex cold syrup. He announced his departure from that post earlier in the day, and FTSE-listed Reckitt's shares fell 4%.
Need I-T nod for share transfer, says NDTV; Adani rejects claim
September 2, 2022 02:54 IST
As per the loan agreement RRPRH signed with Vishvapradhan Commercial Private (VCPL) in 2009, the I-T had estimated a capital gains tax of Rs 175 crore “arising on the sale of controlling interest in NDTV to VCPL”.
‘Incorrect evidence’ by Twitter: Govt to HCSubscriber Only
September 2, 2022 02:49 IST
The government has also said that Twitter has been a “habitual non-compliant platform for several years”. Justifying the need to issue blocking orders, it said that hate content has been on the rise in the online space, including on Twitter and that it is the company’s “failure” to not prevent misinformation on its platform.
Ashok Leyland total vehicle sales jumps 51 pc to 14,121 units in August
September 1, 2022 16:30 IST
The Hinduja Group flagship had sold a total of 9,360 vehicles in August 2021.
Bajaj Auto total vehicle sales rise 8 pc in August
September 1, 2022 16:24 IST
Total domestic sales rose 49 per cent to 2,56,755 units in the month under review, from 1,72,595 units in August 2021.
TVS Motor Company sales rise 15 pc in August
September 1, 2022 16:18 IST
The total two-wheelers sales grew by 15 per cent last month to 3,15,539 units compared to 2,74,313 units in August 2021.
Mahindra & Mahindra posts 87 pc jump in domestic passenger vehicles sales in August
September 1, 2022 15:51 IST
In the commercial vehicles segment, the company said it sold 21,492 vehicles in August 2022, as against 8,814 units in the same month last year.
Maruti Suzuki’s total sales up by 26 pc in August
September 1, 2022 15:34 IST
Total domestic passenger vehicle sales were at 1,34,166 units as compared to 1,03,187 units in the year-ago month.
Bajaj Auto total vehicle sales rise 8% to 4,01,595 units in August
September 1, 2022 15:04 IST
Total domestic sales rose 49 per cent to 2,56,755 units in the month under review, from 1,72,595 units in August 2021.
Maruti very important part of Suzuki Japan; organisational changes in offing: RC Bhargava
August 31, 2022 14:01 IST
Bhargava also said the company will chart out its strategy for entering the compressed biomethane gas fuel as suggested by Prime Minister Narendra Modi at the company's 40th year celebration at Gandhinagar on Sunday.
Reliance Jio 5G in 4 metros within 2 months: Mukesh Ambani at AGM
August 30, 2022 05:55 IST
Jio, which had emerged as the largest bidder in the 5G spectrum auctions held earlier this month, had purchased airwaves worth more than Rs 88,000 crore.
Ambani details succession plan – retail to Isha, energy to Anant
August 29, 2022 17:24 IST
Just like his business, Ambani, 65, also has three children -- twins Akash and Isha, and youngest son Anant.
Succession, spinoffs in focus in Mukesh Ambani’s big speechSubscriber Only
August 29, 2022 13:03 IST
This year, investors in the Indian billionaire’s Reliance Industries Ltd. will be looking for insight around the conglomerate’s 5G rollout, how Ambani plans to unlock the value of his telecommunications and retail units through separate listings, and when and how his children will take over the reins.
Reliance to stream AGM on virtual reality platform, five social media platforms
August 29, 2022 12:31 IST
Reliance Chairman and Managing Director Mukesh Ambani will virtually address shareholders at the 45th annual general meeting on Monday afternoon.
Reliance AGM 2022 News Highlights: Ambani shares 5G rollout plan, retail arm to launch FMCG biz
August 30, 2022 10:31 IST
Reliance AGM 2022 Highlights, JIO 5G Services Announced: Reliance Industries (RIL) Chairman Mukesh Ambani is addressing the shareholders at the company's 45th annual general meeting (AGM) today. He said that Reliance Jio will launch 5G services in key cities by Diwali.
NDTV promoters seek regulatory clarification on VCPL deal
August 29, 2022 10:28 IST
Billionaire Gautam Adani's conglomerate last week said it was seeking to control a majority stake in NDTV.
PM: Maruti Suzuki’s success symbol of strong India-Japan partnershipSubscriber Only
August 29, 2022 07:46 IST
Modi also congratulated Maruti Suzuki for completing 40 years of partnership, calling it a symbol of the strong partnership between India and Japan.
Maruti Suzuki goes beyond auto, it’s the story of India’s manufacturing potential: RC Bhargava, non-executive ChairmanSubscriber Only
August 29, 2022 07:46 IST
When Maruti was set up, the life expectancy given to the nascent public sector-run unit that partnered with a Japanese company was rather short, its non-executive Chairman RC Bhargava told this newspaper.
CoinSwitch CEO says cooperating with ED
August 29, 2022 07:46 IST
ED agents further inquired about CoinSwitch’s foreign investments, income and outflows to check on compliance and seized financial documents, the source told the news agency.
Essar, ArcelorMittal Nippon Steel in $2.4-bn pact for infrastructure assets
August 29, 2022 07:46 IST
The Ruias-led firm said the deal also envisages a 50:50 joint venture between Essar and AM/NS for building a 4 million tonne a year LNG import terminal at Hazira.
Twitter stonewalls Parliamentary panel queries, gets a week to respondSubscriber Only
August 29, 2022 07:46 IST
The company was said to have been questioned by the panel — headed by Congress MP Shashi Tharoor — on the number of its employees with direct access to user data, and whether it had employed people who were previously associated with the Indian government.
Adani group says regulatory curbs do not restrict bid to take over NDTV
August 26, 2022 10:26 IST
NDTV had said a deal between the Roys, the founders, and Adani would require approval from SEBI, the market regulator.
NDTV deal: Sebi ban on Roys may not get in Adani’s waySubscriber Only
August 26, 2022 07:29 IST
VCPL, an Adani Enterprises’ step-down subsidiary now, had given an interest-free loan of Rs 403.85 crore to RRPR Holding in 2009 and 2010, against which RRPR Holding had issued warrants to VCPL.
Telcos may set up infra on pvt property sans nods
August 26, 2022 03:24 IST
According to the amendments, notified on August 17 and made public by Union Communications Minister Ashwini Vaishnaw on Thursday, for the “establishment of overground telegraph infrastructure over any private property, the licensee (telecom company) shall not require any permission from the appropriate authority”.
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