Corporate News
Bajaj Auto logs Rs 1,836 crore PAT, amends dividend policy
The company has also amended its Dividend Distribution Policy whereby dividend will be declared based on the overall payout to the shareholders.
IT majors interim dividend: Infosys leads in terms of quantum per share but lags by percentage
Announcing the second quarter results for FY24, the company had declared an interim bonus of Rs 18 per share with a face value of Rs 5.
Aakash Chaudhry likely to return as CEO of Byju’s-owned Aakash Educational Services
According to sources, the companies are finally set to reach a deal after months of dispute.
Successful handling of lockdowns helped InterGlobe Hotels grow significantly post-Covid: CEO J.B. Singh
Those who had managed to keep their head high, somehow, during the pandemic, had an extra advantage. InterGlobe Hotels (IGH) cites some decisions taken at the time that helped the group in growing exponentially post-Covid.
TCS clocks higher net profit, to buyback shares at Rs 4,150 per share
The company Board of Directors at their meeting held on Wednesday also approved a proposal to buyback up to 4,09,63,855 (Four crore nine lakh sixty three thousand eight hundred and fifty five) equity shares for an aggregate amount not exceeding Rs 17,000 crore at Rs 4,150 per share.
Former Xiaomi India head Manu Jain joins AI company G42
The development comes about eight months after his departure from the Xiaomi Group.
Another Dunzo Co-founder set to exit amid severe cash crunch
Jha exited Dunzo's board on September 1, according to The Morning Context.
Dunzo co-founder Dalvir Suri moves on amid mounting challenges
Dunzo CEO Kabeer Biswas said that Suri has been instrumental in building out every new line of business at Dunzo, reports Entrackr.
GameStop elects Ryan Cohen as CEO sans any salary
In an email sent to employees, Cohen said that each expense to the company will be scrutinised to ensure that GameStop survives. “It is not sustainable for GameStop to operate a money losing business. Our expense structure must allow us to endure any adverse scenario,” he was quoted as saying.
Gokul Subramaniam elevated as Intel India President
Subramaniam, who has been with Intel for over 11 years, will be responsible for the company’s overall engineering and design operations in the country, including driving innovation, cross-group efficiencies and execution of Intel products from the site.
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