Corporate

The government has received Rs 747 crore from share buyback by oil GAIL, DIPAM Secretary Tuhin Kanta Pandey said on Friday. "GAIL Buyback of shares fully subscribed. The government received Rs 747 cr out of total buyback size of Rs 1046 cr," Pandey tweeted. Government holding in the company stands at 51.45 per cent. Under a buyback, a company buys...

Mumbai, 18 March 2021: In line with the 2020 theme of International Women’s Day #ChooseToChallenge, Amway India, one of the country’s leading FMCG direct selling companies, is commemorating Women’s month with a gamut of women-centric programs across India. Corresponding to the global theme which signifies that a, ‘challenged world is an alert world, and challenge leads to change’ Amway aims to...

New Delhi, 16 March 2021: Gandhi Mandela Foundation (GMF) has announced the appointment of Abhinav Singh as co- secretary of India. A program was organized under the aegis of Gandhi Mandela Foundation, an organization that embraces the ideas of Mahatma Gandhi and Mandela, in which former Chief Justice of India Bala Krishnan and Lufti Hassan, chairman of the American branch of...

The agency has decided to pay arrears and appraisals to reward employees for their contribution to the business growth NEW DELHI: Grapes Digital, a digital-first communications agency has rolled out appraisals and arrears for all its employees. The management in the last few months has dedicatedly worked on theperformance evaluation process for its employees for FY 2019-2021. All the employees have received...

Tata Group patriarch Ratan Tata has acquired a stake in Pritish Nandy Communications (PNC), one of the first corporate entities in Bollywood, in his personal capacity. "Mr Ratan Tata, Chairman Emeritus of Tata Sons and Chairman of Tata Trusts, has, in his personal capacity, acquired a stake in Pritish Nandy Communications Ltd through market purchases last week," PNC said...

Company is Ground Sponsor for event where cricketing legends join hands to create Road Safety awareness New Delhi: Usha International, India’s leading consumer durables company,is the Ground Sponsor for the Unacademy Road Safety World Series 2021. Aimed at bringing the spotlight on road safety through the passion for cricket, the second edition of the T20 cricket tournament will be held...

Infosys BPM, the business process management arm of Infosys, on Thursday announced a five-year extension of its strategic collaboration with Newmont Corporation to standardise and digitise delivery models across the latter's mine sites. Founded in 1921, the Colorado, US-based Newmont Corporation is a leading gold mining company. Through this renewed engagement, Infosys BPM will drive operational excellence leveraging automation, artificial intelligence...

Following the nod from Competition Commission of India in December last year, Bengaluru-based real estate developer Prestige Group has sold assets worth Rs 7,467 crore to investment firm Blackstone in the first phase of Rs 9,100-crore transaction. The phase one transaction included sale of 12 assets/ undertakings comprising completed retail, office and hotel assets. The rest of the transaction...

Amid a major legal battle between Kishore Biyani's Future Group and Jeff Bezos' Amazon, Reliance Industries Ltd has decided to provide operational support to the cash-strapped retail chain. The Rs 24,713 crore deal signed between Ambani and Biyani is still awaiting the National Company Law Tribunal approval. The law tribunal will hear the matter on March 15. In the meantime,...

Mahindra Logistics (MLL), the logistics and people transport subsidiary of Mahindra Group, has appointed Anish Shah as the Chairman of its board of directors. The appointment will be effective from April 2, 2021. Shah will join the board on the same date. VS Parthasarathy, the current Chairman and Non-Executive Director of the board, has decided to leave the Mahindra Group...