Category: NEWS CATEGORIES

Tata Consumer Products Ltd (TCPL) on Friday announced to acquire Tata SmartFoodz Limited (TSFL) from its group firm Tata Industries for a cash consideration of Rs 395 crore. TCPL has signed a definitive agreement to acquire 100 per cent equity shares of TSFL, a deal which will help the Tata group FMCG arm to enter into the Ready to Eat’ category, said a joint statement. This move is consistent with TCPL’s strategic intent to expand into value-added categories, it said, adding the acquisition will enable TCPL to expand its product…

HCL Technologies has announced its apprenticeship programme in the US, focused on hiring high school graduates for full-time technology jobs that would otherwise be inaccessible. Upon successfully completing the program, apprentices will be offered full-time employment at HCL Technologies and have the opportunity to concurrently pursue a debt-free college education, a statement on late Wednesday said. HCL’s apprenticeship programme provides full pay and benefits, enabling candidates to begin their technology career in software development and testing, digital and cloud services, infrastructure delivery and engineering — with positions available at multiple…

Equity benchmark Sensex tumbled over 300 points in early trade on Thursday tracking losses in index-majors HDFC twins, ICICI Bank and Infosys amid a largely negative trend in global markets and sustained foreign fund outflow. The 30-share index was trading 303.07 points or 0.50 per cent lower at 60,049.75 in initial deals. Similarly, the Nifty fell 102.60 points or 0.57 per cent to 17,914.60. Tech Mahindra was the top loser in the Sensex pack, shedding around 2 per cent, followed by HDFC, SBI, Nestle India, Axis Bank, HCL Tech and…