Page 2857 - Company News

Abu Dhabi sovereign fund first to get 100% tax exemption in infra

It is the first foreign SWF to get 100 per cent tax exemption in the case of income from interest, dividend, and long-term capital gains for its investment in infrastructure

Most see 5% rise in health insurance premiums, says Policybazaar

Experts suggest the premium hike of up to 5 per cent is because of various changes the regulator has brought in to standardise health products and make them more customer centric

Firms finding it hard to balance ESG with profits, says Eugene Fama

Fama, known for his empirical work on portfolio theory, asset pricing, and the efficient-market hypothesis, was speaking to Uday Kotak, managing director and CEO of Kotak Mahindra Bank

Automakers agree to offer discount of 1% if old vehicle scrapped

PMO bats for incentivising scrapping, not imposing it on owners of old vehicles

JSW Energy net profit remains flat at Rs 352 crore in September quarter

The company had reported a net profit of Rs 352.98 crore in the quarter ended September 30, 2019, it said in a regulatory filing

Adani Ports & SEZ Q2 consolidated profit up 32% to Rs 1,394 crore

The country's largest integrated logistics player had clocked a consolidated net profit of Rs 1,059.20 crore in the corresponding period a year earlier, the company said in a BSE filing

Steel makers raise prices by Rs 1,200 per tonne on demand uptick

Prices are now closer to peak levels of 2018

Sun Pharma's Q2 net profit rises 70% on one-time tax credit

Revenues remain flat, sequential improvement in India and US revenues

Adani to own 1st coal mine in India, bids inch up on Day 2 of auctions

Places highest closing bid for Dhirauli mine in MP, edging out the only other bidder Hindalco Industries; The only other mine it owns is Carmichael in Australia

Q2: India Inc gets margin boost on falling input cost, lower expenses

Firms' operating margins soared to record high of 28.6 per cent

Adani Group frontrunner for developing Sri Lanka's port terminal: Report

Adani Ports and Special Economic Zone and a local partner received an in-principle approval to sign a deal with Sri Lanka Ports Authority, which will hold majority stake in the project

Flipkart bolsters gaming strategy, acquires gaming startup Mech Mocha

Walmart-owned company sees strong trend of casual gamers going on to become early shoppers

Tough legal battle ahead for Future group as it loses arbitration case

Corporate lawyers say Indian courts usually go along with orders given by foreign arbitration courts as witnessed in several cases before

Pick up in ad revenue growth, regional share key for Zee Entertainment

Street will also keep an eye out on cash flow improvement in the coming quarters

JSPL: Reduction in net debt expected to drive re-rating, say analysts

Rising volumes, expanded capacities, operating leverage, better realisation and debt reduction to aid earnings

Bankrupt, grounded Jet Airways is world's best performing airline stock

Stock in Mumbai-listed Jet Airways has surged almost 150 per cent this year versus a 42 per cent plunge in the 27-member Bloomberg World Airlines Index, which comprises the globe's biggest carriers

Muthoot Finance net profit rises 2.5% to Rs 931 cr in September quarter

The company had posted a net profit of Rs 908.54 crore in the same quarter of previous fiscal year

Former Mumbai Airport executive Sanjiv Taneja to be new SpiceJet CFO

Joins the airline at a time when the company has been hit hard by ongoing coronavirus pandemic which has by now grounded several carriers across the world

Life insurers Q2 numbers reveal a toss up between growth and profitability

Strong premium income growth of SBI Life and HDFC Life in Q2 cements the Street's conviction, and at 27.4 per cent, VNB margin I-Pru Life surprises investors

Mercedes starts local assembly of AMG models to make them affordable

As compared to a fully imported model, the local production makes the model cheaper by Rs 25 lakh