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Hero MotoCorp: Hero MotoCorp launched a voluntary retirement scheme (VRS) for its staff. The VRS has been designed in line with the vision to make the organization agile and 'future-ready', consolidating roles and reducing layers to increase empowerment and agility.
Infosys: Infosys announced that it has extended its collaboration with LexisNexis, a data and analytics company, to provide end-to-end information services across their range of content, enterprise, and product applications.
Tata Steel: Tata Steel India achieved highest ever annual crude steel production of about 19.9 million tons, with a growth of 4% YoY by debottlenecking across sites and ramp up of Neelachal Ispat Nigam Limited. In 4QFY23, crude steel production was up 3% QoQ and stood at around 5.15 million tons.
Avenue Supermarts: The company's standalone revenue from operations for the quarter ended 31 March 2023 stood at Rs 10,337.12 crore as compared to Rs 8,606.09 crore in the quarter ended 31 March 2022.
FSN E-Commerce Ventures (Nykaa): Nykaa in its revenue update for Q4 FY23 said the company has continued to display healthy revenue growth trends. During the quarter, Beauty & Personal Care (BPC) categories have seen sustained strong demand, partly aided by the 'Pink Love' sale introduced during the quarter.
Rail Vikas Nigam (RVNL): RVNL has emerged as the lowest bidder for 'Provision of E1 based Automatic Signaling with continuous track circuiting and other associated works including suitable Indoor alteration in Electronic Interlocking/RRI/PI stations enroute in the Jhansi-Gwalior section of the Jhansi division of North Central Railway. The cost of project is Rs. 121.05 crore.
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