Page 2604 - Company News

Coronavirus impact: M&M expects Q1 volumes to decline 15%-20% q-o-q

'Demand and supply for vehicles and tractors is expected to be impacted temporarily,' says the company

Ola Electric aims to become a game changer in electric two-wheelers

Ola Electric is building up expectations with some high-profile moves

Indian Standards for low-cost AC charging point for EVs within 2 mos: Govt

Indian Standards for low-cost AC charging point for electric vehicles (EVs) will be released within the next two months with target prices starting as low as Rs 3,500 for a charging unit.

Flipkart begins Covid-19 vaccinations for its front-line staff in India

The Walmart-backed e-commerce firm has relaxed the deadline for this year's goal-setting so that employees can completely focus on their health and well being.

Bosch suspends production at Nashik plant till May 23 due to Covid-19

Auto component major Bosch on Wednesday said it has suspended operations at its Nashik plant from noon till the midnight of May 23 to adhere to state government directives to break the transmission

CarDekho appoints Mayank Jain as the CEO of its new auto business

Automotive platform CarDekho Group has appointed media industry professional Mayank Jain as the CEO of its new auto business.

Jaypee Infra insolvency: Financial creditors meet on May 15 to discuss bids

Lenders and homebuyers of Jaypee Infratech will meet on May 15 to discuss the revised bids submitted by state-owned NBCC and Suraksha group to acquire debt-laden realty firm through insolvency process

Tata Power's Q4 consolidated net profit rises marginally to Rs 481 cr

Tata Power on Wednesday posted a marginal rise of one per cent in consolidated net profit at Rs 481.21 crore for March quarter 2020-21

India can have 40 mn 5G users in 1st year once service available: Ericsson

India can potentially have 40 million 5G users in the first year when the next-generation service is made available to them, a report released by telecom company Ericsson said on Wednesday.

Coal India carbon emissions less than 1 per cent of India's in FY20

State-owned Coal India Ltd on Wednesday said that the PSU accounted for only 0.65 per cent of the country's total carbon dioxide (CO2) emissions of 2,616 million tonnes (MT) during FY2019-20

Coronavirus: GoAir to start free vaccination drive for all employees

Low-cost carrier GoAir said on Wednesday that it will commence a programme to get its entire workforce vaccinated free of cost

NMDC hikes lump ore price by Rs 700 per tonne; fines by Rs 1,500 per tonne

The country's largest iron ore miner NMDC on Wednesday announced a hike in the prices of lump ore by Rs 700 per tonne and fines by Rs 1,500 per tonne with immediate effect

Voltas consolidated net profit jumps 49 pc to Rs 239 cr in March quarter

Voltas Ltd, a Tata Group company and leading air-conditioner manufacturer, on Wednesday reported a 49 per cent jump in its consolidated net profit at Rs 239 crore for the quarter ended March 31, 2021.

FMCG industry record 9.4% growth in January-March quarter: Nielsen

Indian FMCG industry has recorded a 9.4 per cent growth in the January-March quarter of 2021, helped by a consumption-led growth and value growth by increased prices of products

JSPL PAT jumps manifold to over Rs 1,900 crore in Jan-Mar quarter

Jindal Steel and Power Ltd (JSPL) reported manifold jump in its consolidated profit after tax (PAT) to Rs 1,900.51 crore during the fourth quarter ended March 2021, mainly on account of higher income

Asian Paints consolidated net profit up 84% at Rs 852 cr in March quarter

Asian Paints reported over 84 per cent jump in its consolidated net profit at Rs 852 crore for the January to March quarter as compared to Rs 462 crore in the previous corresponding period

Toyota extends warranty, free service periods amid Covid-19 pandemic

Toyota Kirloskar Motor said it has extended vehicle warranty and customer-paid extended warranty period by one month in the states where restrictions have been imposed by the government

'Disheartening to see some states complain about our Covaxin intentions'

It is quite disheartening to listen to some states complaining about Bharat Biotech's intentions regarding supply of COVID vaccine Covaxin, a top company official said on Wednesday.

Covid-19: Maruti Suzuki extends free service, warranty period till June 30

The country's largest carmaker Maruti Suzuki India said it has extended free service and warranty period up to June 30, 2021, in the wake of the second wave of the coronavirus pandemic

Mercedes-Benz rejigs sales, marketing unit; appoints new marketing head

German premium car maker, Mercedes-Benz rejigged its sales and marketing unit and brought in Pradeep Srinivas as head of the marketing and customer services, replacing the incumbent Amit Thete