Companywatch

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Companywatch - Total results - 1639
Tata Teleservices fires 500-600 employees as firm faces stiff competition
Business

Tata Teleservices fires 500-600 employees as firm faces stiff competition

The telecom operators are facing tremendous pressure on revenue and profitability even as the industry's debt has soared to nearly Rs 4.6 lakh crore.

Reliance Jio to withdraw free summer surprise, but not for customers who subscribed
Business

Reliance Jio to withdraw free summer surprise, but not for customers who subscribed

The company clarified that "customers who have subscribed to JIO SUMMER SURPRISE offer prior to its discontinuation will remain eligible for the offer" in a release.

Reliance Jio to withdraw three-month complimentary offer after Trai raises red flag
Business

Reliance Jio to withdraw three-month complimentary offer after Trai raises red flag

Under Jio Summer Surprise, all Jio Prime members making their first recharge payment of Rs 303 (or higher) plans got three months complimentary services in addition to the benefits of their purchased plan.

N Chandrasekaran to lead Tata Sons: Why a marathoner was chosen for the top job
Business

N Chandrasekaran to lead Tata Sons: Why a marathoner was chosen for the top job

The new Tata Sons’ boss seems to embody the tagline of his former employer Tata Consultancy Services, which says ‘Experience Certainty’.

N Chandrasekaran named Tata Sons chairman, Rajesh Gopinathan to head TCS
Business

N Chandrasekaran named Tata Sons chairman, Rajesh Gopinathan to head TCS

Chandrasekaran was selected by a five-member panel with Ratan Tata as one of the selectors

Cyrus Mistry says not after office as TCS shareholders vote on his future in Tata IT arm
Business

Cyrus Mistry says not after office as TCS shareholders vote on his future in Tata IT arm

In a surprise move, Tata Sons removed Mistry from chairmanship on 24 October, leading to a series of allegations and counter-allegations by either side in what is described as the biggest corporate battle in recent times.

Tata group row: Hindustan Unilever chairman Harish Manwani in list as probable successor to Cyrus Mistry
Business

Tata group row: Hindustan Unilever chairman Harish Manwani in list as probable successor to Cyrus Mistry

According to British channel Sky News, Manwani, the former chief operating officer of the Dove-to-Marmite consumer goods giant is being lined up as a possible successor to Cyrus Mistry.

Tata Chemicals row: Nusli Wadia serves another notice on Tata Sons, seeks reply in two days
Business

Tata Chemicals row: Nusli Wadia serves another notice on Tata Sons, seeks reply in two days

Nusli Wadia is an independent director on some Tata Group companies which have called EGMs to remove him from their boards for siding with the ousted chairman Cyrus Mistry.

Tata Sons wants Nusli Wadia out from company boards, wants EGM to be convened
Business

Tata Sons wants Nusli Wadia out from company boards, wants EGM to be convened

Nusli Wadia is a director on the boards of three Tata entities — Tata Motors, Tata Steel and Tata Chemicals.

Now HR head NS Rajan quits, Cyrus Mistry storm yet to wither in Tata group
Business

Now HR head NS Rajan quits, Cyrus Mistry storm yet to wither in Tata group

Rajan came on board of the GEC in May 2013, after it was set up a month earlier headed by Mistry with the objective providing strategic and operational support to him.

Cyrus Mistry interview back on Tata website but the battle is far from over
Business

Cyrus Mistry interview back on Tata website but the battle is far from over

Cyrus Mistry's Wednesday letter to the company board where he warned of a massive $18 billion write-down is perhaps quite different from what he said in the September interview.

Cyrus Mistry issues statement, denies possibility of immediate legal war with Tata Sons
Business

Cyrus Mistry issues statement, denies possibility of immediate legal war with Tata Sons

To put an end to rumours flying thick and fast, a statement was issued on behalf of the ousted Tata Group chairman saying that there are no immediate plans to take the legal route to challenge the decision of the Tata Trusts as reported by many media outlets.

Hyundai India recalls 7,657 units of Eon to fix faulty clutch, battery cables
Business

Hyundai India recalls 7,657 units of Eon to fix faulty clutch, battery cables

In 2014, the company had recalled 2,437 units of its sports utility vehicle Santa Fe to replace a faulty stop lamp switch.

Air India flight operations back to normal after management meets pilots
Business

Air India flight operations back to normal after management meets pilots

The pilots' body had on Monday warned of the situation turning worse If there was no "definite time-bound assurance" on resolving the issues by Tuesday.

Reliance Industries reacts to 'illegal phone tapping' issue
Business

Reliance Industries reacts to 'illegal phone tapping' issue

The statement from Reliance Industries follows an Indian Express report.

Air India to phase out aged A320s, plans to lease seven A320 neos
Business

Air India to phase out aged A320s, plans to lease seven A320 neos

In March, the airline had inked a pact with Kuwait-based ALAFCO for leasing 14 A320 neo planes.

I’m back, says Subrata Roy of Sahara India, asks staff to get back to work
Business

I’m back, says Subrata Roy of Sahara India, asks staff to get back to work

Roy told his staffers not to hope for miracles and that the road ahead is tough and full of challenges.

Thirty years on, jungle safaris still thrive on the trusted Maruti Suzuki Gypsy
Business

Thirty years on, jungle safaris still thrive on the trusted Maruti Suzuki Gypsy

The best wildlife safari vehicle continues to be the Maruti Suzuki Gypsy, first introduced in 1986!

Under stress: Morgan Stanley lowers Flipkart's valuation at under $10 bn
Business

Under stress: Morgan Stanley lowers Flipkart's valuation at under $10 bn

The successive markdown comes at a time when its American rival Amazon is aggressively gaining traction in the burgeoning Indian e-commerce market.