Page 2981 - Company News

Overdue replacement cycle to drive recovery in commercial vehicles: VECV

Overdue replacement cycle of commercial vehicles will drive recovery in the market, while demand for trucks is expected to start coming back from October-November onwards

GAIL eyess at petrochem, renewables to supplement core

Will bid for new pipelines put on offer by regulator and continue to grow gas transmission biz by laying key sections of National Grid; 7,500-km lines, mostly to eastern parts are currently being laid

Future goes to RIL: Biyani, pioneer of retail, bows to winds of change

Biyani (59), who started his business in 1987 by launching Manz Wear which later adopted the brand name of Pantaloon, has agreed to hand over the control of his retail empire to relatively new entrant

NMDC has scope for value-unlocking for investors with demerger plan

Steel plant demerger, improved return ratios for mining business, high dividend yield key positives

Reliance Retail to buy Future group's retail business for Rs 24,713 cr

Future group's brands include Big Bazaar, Easyday, Nilgiris, Central and Brand Factory

Suzlon Energy reports Q1 net loss at Rs 399 cr due to lower revenues

The consolidated net loss of the company was Rs 336.88 crore in the quarter ended on June 30, 2019, a BSE filing said

Beer market may see acquisitions, entry of new players despite Covid: UBL

Besides, UBL, a market leader in the segment, also expects the export of beer to grow with support from the government

Despite Covid-19, Hyundai expects to cross yearly domestic growth threshold

Last month, the auto major's domestic sales volume reached 98 per cent of July 2019 level

Coca-Cola to cut thousands of jobs, reduce biz units as Covid-19 hits sales

It plans to first offer buyouts to 4,000 employees in the United States, Canada and Puerto Rico and then offer a similar voluntary programme in other countries

Future Enterprises board meet on September 7, to take up RIL deal today

Company's board to meet today on sale of retail arms to RIL

Energy companies go green, change tack from coal to renewables

Covid has brought to fore the need for sustainable development. A two-part series examines the shift in energy sector

Hyundai Santro slows to make way for big cars

Sales of Santro, once a runaway bestseller whose tall-boy design changed the dynamics of the small car market, have slowed in recent months. Is it just a reflection of current trends?

J-K: 3 unidentified terrorists killed in Pulwama encounter, search underway

Incrimination materials including arms and ammunition have been seized from the encounter site and the search operation is underway

Coca-Cola offers buyouts to 4,000 US workers, plans to streamline operation

Half of Coca-Cola's sales come from stadiums, movie theaters and other places where people gather in large numbers venues that have been closed during the coronavirus pandemic

We may revise iron ore prices further, says NMDC CMD Sumit Deb

The lockdown hit our iron ore production and despatches in the first two months of 2020-21, he says

Third-party motor insurance premium hike delay worries insurers

Next six months will be tough for the industry in terms of loss ratios

Corporate coup: How a Nissan insider tore apart Carlos Ghosn's legacy

The senior vice president orchestrated a campaign to arrest and dethrone then-chairman Carlos Ghosn in late 2018 on criminal financial-misconduct allegations

Experts suggest policy changes to boost coronavirus research & development

Funding Covid-related research now included in CSR spends

Battle for MIAL: Foreign investors serve legal notice on GVK group

Call Mumbai airport stake sale to Adani a breach of agreement

Firms and lenders provisions for Covid-related losses cross Rs 27,000 cr

Inventory, impairment losses also run into thousands of crores across March and June, Business Standard analysis shows