Companies

Employees in India don’t see growth opportunities at their workplaces: Microsoft Work Trend Index indiabusinessport.com

NEW DELHI: Sixty-percent of employees in India believe there is not enough growth opportunities at their current place of employment, and this lack of growth prompts them to quit their job, according to the findings of Microsoft’s Work Trend Index Pulse Report 2022, released today. The study indicates that upskilling and reskilling are the best …

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Rajeev Ranjan appointed MD of McDonald’s North and East India indiabusinessport.com

New Delhi: Fast food chain McDonald’s North and East India on Thursday said it has elevated Rajeev Ranjan as the chain’s managing director for the region. Ranjan will continue to report to Sanjeev Agrawal, chairman, McDonald’s India North and East. Ranjan joined the company in 2020 as senior director and was named as the chief …

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Bisleri launches new television, print campaign for its lemon drink indiabusinessport.com

NEW DELHI: Bisleri International Pvt. Ltd. has launched a new campaign, ‘Let Loose’, for its Limonata drink brand. Shot in Himachal Pradesh, the television commercial brings out an exchange between a young girl from the state and a group of boys.  The company said the advertisement encourages people to be unconventional and express themselves as …

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HCL acquires majority stake in edtech platform GUVI indiabusinessport.com

IT giant, HCL Group has acquired a majority stake in ed-tech platform GUVI. Through this acquisition, HCL plans to create skilled tech professionals in India and abroad. However, the financial details of the acquisition were not disclosed. Guvi offers online learning in a plethora of different vernacular languages along with English. HCL Corporation Director and …

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SoftBank cutting staff globally at its Vision Fund unit indiabusinessport.com

Japan’s SoftBank Group Corp is cutting around 150 staff globally at its Vision Fund unit and SoftBank Group International, a person familiar with the matter said, as CEO Masayoshi Son retrenches following huge loss on his tech bets. Notices are going out to employees on Thursday and will affect around 30% of employees across the …

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HCL Tech fixes record date for third interim dividend of FY23, to announce Q2 result on 12 Oct indiabusinessport.com

HCL Technologies will consider the payment of the third interim dividend for the financial year FY23 on 12th October. The tech giant has also fixed record date for determining eligible shareholders for the interim dividend. The company will also announce its financial performance for the second quarter ending September 30, 2022 period. In its regulatory …

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Lohum Cleantech to supply 10,000 metric tonne specialty chemicals to Glencore indiabusinessport.com

New Delhi: Lohum, a lithium-ion battery lifecycle management firm, and Glencore, a natural resource company, on Thursday announced strategic partnership to advance circularity in the Li-ion battery supply chain. As part of this tie-up, Lohum will supply Glencore with 10,000 tonne of specialty chemicals for the battery supply chain over the next five years, including …

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Adani Enterprises secures financing for Ganga expressway project indiabusinessport.com

New Delhi: Adani Enterprises Ltd. has secured financing for the access-controlled, six-lane greenfield Ganga Expressway Project in Uttar Pradesh. The Ganga Expressway, which will connect Meerut with Prayagraj, will be India’s longest, running a total of 594 km. Adani Enterprises will build 464 km from Budaun to Prayagraj, which comprises 80% of the project. Moving …

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Reliance Retail launches fashion stores under Azorte brand indiabusinessport.com

New Delhi: Reliance Retail on Thursday announced the launch of fashion and lifestyle stores under the Azorte brand that will sell mid-to-premium fashion merchandise. “Azorte will house the best of global trends and contemporary Indian fashion with an original take on style ranging from western and Indian wear to footwear, fashion accessories, home, beauty and …

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Ganga Expressway Project: Adani Enterprises secures finances of ₹10,238 crore from the lenders indiabusinessport.com

Budaun Hardoi Road Private Ltd (BHRPL), Hardoi Unnao Road Private Ltd (HURPL) and Unnao Prayagraj Road Private Ltd (UPRPL) – wholly owned subsidiaries of Adani Enterprises Ltd (AEL) – have achieved Financial Closure for the access-controlled six lane (expandable to eight lane) greenfield Ganga Expressway Project (Group-II, III & IV) in Uttar Pradesh (UP) respectively …

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