Page 2745 - Company News

Tata Consumer Products Q3 consolidated profit rises 29% to Rs 218 crore

Revenue from operations up 23% to Rs 3,069 crore

Indian Oil may form subsidiary for retail assets to unlock value

IOC operates a pipeline network of 14,600 kilometres

Madras HC asks ROC to probe Church of South India over misuse of assets

ROC to file a detailed report with Union Ministry of Corporate Affairs for deciding further course of action

French tyre major Michelin to hike prices in India by 8% from March

The move is in order to offset the impact of rise in input costs

IOC to monetise pipeline assets, says many investors interested

The firm is likely to sell stakes in one or two of its vast network of crude oil and petroleum product pipelines in the country, its Director (Finance) Sandeep Kumar Gupta said

India's peoposed discom reform plan to benefit gencos in long term: Fitch

Fitch said discoms are saddled with huge accumulated losses due to a combination of crippling debt, expensive power, technical and commercial losses, and less-than-commensurate increases in tariffs

Indian Railway Finance Corp's IPO will not dent govt support: S&P Global

S & P Global Ratings has said that Indian Railway Finance Corporation's (IRFC's) initial public offering does not alter its view of government support to the company

PVR raises Rs 800 cr from investors via qualified institutional placement

The QIP witnessed an allotment of over 55.55 lakh equity shares to eligible qualified institutional buyers (QIBs) at a price of Rs 1,440 apiece

Annapoorna Masalas' new strategy targets revenue of Rs 500 cr in next 5 yrs

The 45-year-old Coimbatore-based brand is now headed by third-generation owners under the leadership of Executive Director Vijay Prasad

'Bold' budget to bring focus back to traditional sectors: Analysts

Brick-and-mortar segments such as construction, cement, metals get an infra-nudge; positive rub off for banks too

Budget 2021: Customs duty hike to make electronics items more expensive

In the Budget for 2021-22, finance minister Nirmala Sitharaman introduced higher import duty rates on over a dozen handset and automobile components.

CEOs of top tech firms hail tax norms for digital economy in Budget 2021

They say coming in the wake of Covid-19 pandemic, the Budget looks to strengthen many important pillars for economic recovery and future growth

HC asks if Amazon, Future open to resolve issue relating to Reliance deal

The issue relates to a Rs 24,713 crore deal between Future Retail and Reliance Retail

SII, Bharat Biotech welcome enhanced focus on health in Budget 2021

Serum Institute of India and Bharat Biotech applauded the government's increased allocation for the healthcare sector and on providing Rs 35,000 crore towards Covid-19 vaccination in 2021-22 fiscal.

Honda Cars domestic sales rise over two-fold to 11,319 units in January

The company had sold 5,299 units in the domestic market in January 2020

Siddhartha Mohanty assumes office as MD of Life Insurance Corporation

Siddhartha Mohanty, managing director and chief executive officer of LIC Housing Finance, on Monday took charge as one of the four managing directors of the parent LIC of India.

45% spike in bike volumes drives TVS Motor two-wheeler sales up 34% in Jan

Robust 56% spike in two-wheeler exports despite shortage of containers

Fire TV users doubled content streaming in 2020: Amazon

Movies, cricket, online gaming and music gaining traction, Amazon said

Maruti Suzuki reports 4.3% increase in total sales to 160,752 units in Jan

The country's largest car maker Maruti Suzuki India reported a 4.3% increase in total sales to 1,60,752 units in January

Adani Green arm commissions 100 MW solar power plant in Jalalabad

Adani Green Energy on Monday said that its arm ASE4PL has commissioned a 100 MW solar power project at Jalalabad in Uttar Pradesh