Page 2926 - Company News
Tyre makers cautious on outlook even as capacity utiliisation improves
Factors helping capacity utilisation include encouraging domestic replacement demand in passenger vehicles, two-wheelers and the farm segment, and a drop in imports
 "Tyre makers cautious on outlook even as capacity utiliisation improves")
Mahindra commences bookings for the new Thar priced between Rs 9.8-13 lakh
The new generation Thar is available in 2-litre petrol and 2.2-litre diesel variants and deliveries will start from November 1
 "Mahindra commences bookings for the new Thar priced between Rs 9.8-13 lakh")
India first, tie-ups, long-term strategy will boost mfg sector: Mahindra MD
Pawan Goenka Calls for plug-and-play infrastructure of the kind that Vietnam has for large-scale manufacturing
 "India first, tie-ups, long-term strategy will boost mfg sector: Mahindra MD")
Long weekend brings cheer to hotels, travel firms as demand picks up
Travel and airline executives say leisure demand is now slowly returning with an increase in bookings to popular getaways this weekend
 "Long weekend brings cheer to hotels, travel firms as demand picks up")
Mobile phones to get costlier as govt imposes 10% display duty: ICEA
The objective of the PMP was to facilitate manufacturing of components indigenously and discourage imports thereafter.
 "Mobile phones to get costlier as govt imposes 10% display duty: ICEA")
Patented molecules clock a high growth rate in Indian cardiovascular market
In January 2020, the Delhi High Court granted an injunction restraining domestic companies such as Cipla, Torrent, Emcure, and Alkem from launching their brands
 "Patented molecules clock a high growth rate in Indian cardiovascular market")
Sterling & Wilson Solar shareholders approve reappointment of Pallon Mistry
Resolution pertaining to material related-party transactions also approved
 "Sterling & Wilson Solar shareholders approve reappointment of Pallon Mistry")
BharatPe aims Rs 1,000 cr loan disbursal to merchants this fiscal
BharatPe has recorded disbursal of over Rs 80 crore in September 2020 and facilitated loan disbursals to the tune of Rs 150 crore through its partners in the September quarter
 "BharatPe aims Rs 1,000 cr loan disbursal to merchants this fiscal")
Mahindra's Farm Equipment Sector rolls out Krish-e centres in Maharashtra
M&M's Farm Equipment Sector (FES), a part of the USD 19.4 billion Mahindra Group, on Friday said it has rolled out Krish-e centres in Maharashtra under its new 'Farming as a Service' business.
 "Mahindra's Farm Equipment Sector rolls out Krish-e centres in Maharashtra")
Electric SUV from MG Motor India hits 10 cities, including Coimbatore
Car-maker MG Motor India has now initiated the expansion for the electric SUV - MG ZS - in 10 cities, including Coimbatore.
 "Electric SUV from MG Motor India hits 10 cities, including Coimbatore")
Housing supply down nearly 60% in Jan-Sept across top 7 cities: Report
New supply of residential properties fell nearly 60 per cent in January-September this year as low demand due to Covid-19 forced developers to go slow on launching new projects, according to Anarock
 "Housing supply down nearly 60% in Jan-Sept across top 7 cities: Report")
Rising in the pandemic: What makes Reliance so attractive for investors?
Reliance has raised more than $20 billion by selling stakes in Jio Platforms. Global investors including Facebook and Google bought a combined 33% in that venture this year
 "Rising in the pandemic: What makes Reliance so attractive for investors?")
Margins under pressure, steel industry seeks ban on exports of raw material
The domestic secondary steel industry contributes nearly 55 per cent to the total production of the alloy in the country
 "Margins under pressure, steel industry seeks ban on exports of raw material")
Warburg Pincus invests Rs 700 cr to acquire stake in Home First Finance
Affordable housing financier Home First Finance said it has entered into definitive agreements with an affiliate of global private equity firm Warburg Pincus LLC for an investment of Rs 700 cr
 "Warburg Pincus invests Rs 700 cr to acquire stake in Home First Finance")
Royal Enfield's total sales increase 1% to 60,041 units in September
Motorcycle maker Royal Enfield on Friday reported a 1% increase in its total sales at 60,041 units in September
 "Royal Enfield's total sales increase 1% to 60,041 units in September")
How is DMart planning to take on Mukesh Ambani's Reliance Retail
Ramping up e-commerce operations and going beyond its current strongholds are key challenges for the grocery chain in its battle with Mukesh Ambani's upcoming retail behemoth
 "How is DMart planning to take on Mukesh Ambani's Reliance Retail")
Food and beverage companies see red over FSSAI roadblocks near schools
The sale of other foods around schools has also been restricted. The list includes ice cream, sweets, canned or preserved vegetables, meat, fish, pulse-based snacks, nuts, white bread and biscuits.
 "Food and beverage companies see red over FSSAI roadblocks near schools")
Reliance Jio's fibre arm to raise Rs 14,700 cr through InvIT offer
Another Rs 25,000 cr to be raised by way of debt
 "Reliance Jio's fibre arm to raise Rs 14,700 cr through InvIT offer")
Delhi Assembly vs Facebook: Is the social media giant answerable to states?
Facebook has argued that the Delhi Assembly can't summon a non-member to appear before it, since 'police and 'public order' do not fall within its ambit
 "Delhi Assembly vs Facebook: Is the social media giant answerable to states?")
Indian Railways back on track, stems fall in freight traffic to 9%
Among the commodities, the only two commodities that showed positive growth were foodgrains and chemical manures
 "Indian Railways back on track, stems fall in freight traffic to 9%")