Page 2962 - Company News

Asian Granito aims Rs 2,000 cr revenue in next 2-3 years led by sales

According to the Gujarat-based company, demand from metros and other major cities, which consists of a bulk of premium products, has taken a hit due to the coronavirus pandemic.

8 of top-10 valued firms lose Rs 1.11 trn in m-cap; ICICI, RIL worst hit

Tata Consultancy Services and HDFC Bank were the only gainers among the 10 most valued listed firms

BPCL privatisation: Govt rules on worker protection, asset stripping later

Preliminary expressions of interest or EoIs are due on September 30, which will be followed by qualified bidders being asked to submit financial or price bids.

Tata Steel output back at 100% led by rural demand, good monsoon: Narendran

The company is now less dependent on exports compared to the first quarter, he added

Indian firms did well against cyberattacks after chaos amid lockdown: EY

EY in its Global Integrity Report 2020 had found that cybercriminals, trying to exploit the fears and uncertainties around the virus, have stepped up phishing and ransomware attacks

Amul to invest Rs 1,500 cr in 2 yrs to set up dairy, various other plants

GCMMF has forayed into edible oil and potato processing segments as part of its objective to boost income of farmers from Gujarat and other states.

ONGC manages to save golf course that houses oil wells in Gujarat

ONGC has managed to save its golf courses in Ahmedabad and Vadodara after the department of disinvestment dropped a proposal to divest the company of the 'non-core' assets, sources said.

PVR defers capex plans to control costs amid Covid-19 disruptions

Cinema halls in India have remained shut since March this year, after the government imposed nationwide lockdown to check the spread of Covid-19

Investing in digitisation in big way, targeting 1.3% of sales: Amrutanjan

Amrutanjan Health Care Ltd, is investing in digitisation in a big way, setting a target of garnering1.3 per cent of national sales through e-commerce, a top official has said.

Volkswagen's labour chief says no need for four-day week to save jobs

Volkswagen sees no need for a 4-day week at its plants to secure jobs despite a growing shift to electric cars that are easier to build and require fewer workers, the head of labour relations said

Trai grants Voda Idea time till Sept 8 to respond to priority plan notice

The regulator had initially given time till August 31 to VIL to respond, but later extended the deadline to September 4 following company's request

Thriveni Earthmovers bags Rs 31,428 cr contract to develop NTPC coal mine

Mining company Thriveni Earthmovers has bagged a contract worth Rs 31,428 crore from NTPC to develop and operate Talaipalli coal mine in Chhattisgarh alloted to the state-owned power giant

Omron Healthcare India eyes 27% revenue growth to Rs 150 cr in FY21

Medical devices maker Omron Healthcare India is eyeing 27% rise in revenue to Rs 150 cr in FY21 on the back of increased awareness about home monitoring among people, a top company official said

SoftBank partners with Oyo in Latin America in move for more oversight

It shows SoftBank's keenness to ensure Oyo remains on track, and is the latest sign SoftBank is more closely overseeing Oyo's operations including in offshore markets

Amazon downgrades 20,000 product reviews to fight false ratings: Report

The investigation revealed that Amazon Fryer, the top judge on Amazon.co.uk, gave his five-star approval an average of once every four hours

Air India to resume Mumbai-Aurangabad flight services from September 15

The flights between the two cities were suspended in the wake of the coronavirus pandemic

Indian auto, components sector shouldn't de-link from imports: Pawan Goenka

Interdependence will play an important role in global and domestic economies, he said adding "we should avoid any knee jerk reaction or ask for bans of imports or any such acts"

Game on: How FAU-G plans to enter the space left vacant by PUBG

Bengaluru based start-up to develop desi version of multiplayer action game by October end

Auto sector can emerge as global hub, mustn't waste chance: Pawan Munjal

"The Covid-19 pandemic presents an opportunity for the Indian automobile and components sector to become a global hub"

New Coca-Cola India head Sanket Ray has a task cut out for him

Unlike his predecessor, Ray will head a unit that is strategically more important to the parent company and will report directly to top executives at the firm's headquarters