Tata Steel to pay Rs 270 cr annual bonus for 2020-21

Jamshedpur

Tata Steel will pay Rs 270.28 crore as bonus for the accounting year 2020-2021 to its eligible employees of all applicable division/units of the company. The minimum and maximum annual bonus payable will be Rs 34,920 and Rs 3,59,029, respectively. PTI

New Delhi

Sonalika launches app for renting tractors, implements

Sonalika Group on Thursday said it has launched a platform for renting machinery to farmers. The ‘Sonalika Agro Solutions’ app connects farmers with a range of machinery renters that offer agricultural implements on rent within their vicinity. PTI

New delhi

Emcure Pharmaceuticals files IPO papers with SEBI

Emcure Pharmaceuticals has filed preliminary papers with SEBI to raise funds through an IPO. It comprises issuance of shares worth Rs 1,100 crore and an offer of sale of 18,168,356 shares by promoters and existing shareholders. PTI

Mumbai

Piaggio unveils special edition Vespa 75th in India

Piaggio has rolled out a special edition of Vespa two-wheeler in the domestic market on completing 75 years of the iconic brand. The special ‘Vespa 75th’ will be offered in 125-cc and 150-cc engine options. PTI

New Delhi

OYO to hire over 300 tech professionals

Hospitality firm OYO on Thursday said it is looking to hire over 300 technology professionals across entry-level to senior leadership roles during the next six months. PTI