Page 2871 - Company News
Prestige, Brigade group partner to build mall, hotel project in Bengaluru
Prestige Estates Projects Ltd has partnered with Brigade group to jointly develop a commercial project, comprising a shopping mall and a hotel, in Bengaluru
 "Prestige, Brigade group partner to build mall, hotel project in Bengaluru")
80% shoppers chose regional, local brands during festive sale: Snapdeal
The remaining 20 per cent opted for national and international brands, Snapdeal said in a statement
 "80% shoppers chose regional, local brands during festive sale: Snapdeal")
KPIT technologies posts 22.5% decline in Q2 net profit to Rs 28 cr
Tech firm KPIT Technologies on Wednesday posted a 22.5 per cent fall in its consolidated net profit to Rs 27.8 crore for the quarter ended September 2020.
 "KPIT technologies posts 22.5% decline in Q2 net profit to Rs 28 cr")
Neutralising negative growth, Coal India poised for output ramp-up
State-owned Coal India Ltd (CIL) for the first time in the current fiscal on October 20 neutralised the negative growth in coal production for the year
 "Neutralising negative growth, Coal India poised for output ramp-up")
Fresh demand for cement seen improving in FY21: Atul Daga of Ultratech
In a Q&A, the CFO of the firm says he sees a spike in costs as it looks to spend on marketing, advertising and branding in the coming months
 "Fresh demand for cement seen improving in FY21: Atul Daga of Ultratech")
Signzy, no code AI platform raises $5.4mn led by Arkam Ventures, Mastercard
Signzy''s existing investors, Kalaari Capital and Stellaris Venture Partners also participated in the current round, a statement said
 "Signzy, no code AI platform raises $5.4mn led by Arkam Ventures, Mastercard")
Automobili Pininfarina partners ChargePoint for pure-electric car Battista
Luxury electric vehicles brand Automobili Pininfarina on Wednesday said it has partnered with the world's largest EV charging network ChargePoint
 "Automobili Pininfarina partners ChargePoint for pure-electric car Battista")
Nestle registers single-digit growth in Indian market for Jul-Sep quarter
Swiss food and drink company Nestle has reported a 'mid-single-digit growth' in the Indian market in the July-September quarter, helped by its popular brands Maggi, Nescafe and KitKat.
 "Nestle registers single-digit growth in Indian market for Jul-Sep quarter")
Chennai Petroleum Q2 profit at Rs 290.58 cr versus loss a year ago
Revenue drops to Rs 9,732.90 cr from Rs 12,191.97 cr; firm says demand for fuel products was lower during the current half year due to Covid related lockdown
 "Chennai Petroleum Q2 profit at Rs 290.58 cr versus loss a year ago")
CG Power shareholders vote to declassify Gautam Thapar as promoter
Within days of the unearthing of the fraud involving siphoning off money raised using company assets as collateral, Thapar was removed by the company board on August 29, 2019
 "CG Power shareholders vote to declassify Gautam Thapar as promoter")
2-wheeler volumes to contract 16-18% this fiscal due to Covid-19: ICRA
While the overall consumption and investment demand is expected to remain subdued for an extended period, some growth off-shoots are visible in rural markets, it added
 "2-wheeler volumes to contract 16-18% this fiscal due to Covid-19: ICRA")
UltraTech Cement reports over two-fold jump in Q2 net profit at Rs 1,235 cr
The leading cement producer had posted a net profit of Rs 578.55 crore in July-September quarter a year ago, UltraTech Cement said in a regulatory filing
 "UltraTech Cement reports over two-fold jump in Q2 net profit at Rs 1,235 cr")
Videocon insolvency case: Dhoot family offers to pay Rs 30k cr to lenders
A proposal for paying the amount has been forwarded to the Committee of Creditors (CoC) of the Videocon Industries, Venugopal Dhoot told PTI
 "Videocon insolvency case: Dhoot family offers to pay Rs 30k cr to lenders")
Stanchart to rent offices in Chennai for one of its largest campuses
A unit of the London-based bank will lease 770,000 square feet for 15 years in the southern city, in a project being developed by DLF.
 "Stanchart to rent offices in Chennai for one of its largest campuses")
Nissan unveils Magnite compact SUV to be made in India for global market
Designed in Japan, Magnite is part of Nissan's 'Make in India, make for the world' philosophy
 "Nissan unveils Magnite compact SUV to be made in India for global market")
Skoda Auto Volkswagen India exports over 25,000 cars in current year so far
The European car major started exports of its vehicles from India in 2010 with 65 units of the India-built Volkswagen Vento for the South Africa market
 "Skoda Auto Volkswagen India exports over 25,000 cars in current year so far")
Govt may extend deadline for Air India bid to further sweeten deal
The submission of initial bid or expression of interest (EoI) may be extended by 45 days to two months to December
 "Govt may extend deadline for Air India bid to further sweeten deal")
Hero Future Energies to raise $250 million via fresh equity issuance
HFE has 500 Mw under construction in India and 2 Gw overseas. It has a commissioned capacity of 1.5 Gw in India
 "Hero Future Energies to raise $250 million via fresh equity issuance")
BDR Pharma launches generic version of Lenvatinib drug for cancer treatment
The generic version of the drug has been launched under the brand name ''Bdfoie'' in the country
 "BDR Pharma launches generic version of Lenvatinib drug for cancer treatment")
Kia Motors receives over 50,000 bookings for compact SUV Sonet in 2 months
The 50,000 booking milestone by the model has been attained within two months of opening of bookings on August 20, it added
 "Kia Motors receives over 50,000 bookings for compact SUV Sonet in 2 months")