Page 2995 - Company News

Railway, e-mobility key growth drivers in India: Hitachi ABB Power Grids

The company has seen its capacity returning to 90% of the pre-Covid-19 level and already received orders totalling 60 per cent of that in the January-March period

Sterlite Power sells 14.7% stake in IndiGrid, HNIs for Rs 840 crore

Sterlite Power is the sponsor of IndiGrid, India's first power sector InvIT, which saw its initial offer in 2017

Fortis to be renamed Parkway to distance itself from Singh brothers

License agreement of Fortis, SRL brands expire in 2021

Gammon India consolidated loss narrows to Rs 135 crore in March quarter

Gammon India on Friday reported narrowing of its consolidated loss to Rs 134.96 crore for the quarter ended March 2020

As WFH pinches, Titan bets big on gifting to revive sale of watches

The watchs segment saw 89% decline in revenue for Q1

Voltas pre-tax profit drops 58% in June quarter; revenue plunges 51%

Its operating revenue plunged 51 per cent to Rs 1,297 crores from Rs 2,654 crores last year

NTPC consolidated pre-tax profit dips 6% to Rs 3,443 crore in June quarter

The firm's total income during April-June came down to Rs 26,794.68 crore, compared to Rs 27,353.36 crore in the year-ago period

Karan Bajaj says will not build another startup after WhiteHat sale

After the blockbuster sale of WhiteHat Jr for $300 million to Byju's, the former's founder Karan Bajaj said he is a 'wanderer' who will neither go back to creating another startup

Videocon lenders to seek better offers before last call on liquidation

As economy picks up, they expect bidders to come back to table

Nearly 70k Covid-related claims worth Rs 700 cr settled by insurers: Irdai

Regulator asks insurers to look at more standard products to increase the coverage

MFI collections rebounds by 70-75% after Covid-19 restrictions ease: Report

It further said to create a buffer for potential pandemic-related credit costs, MFIs are expected to focus on raising additional equity capital over the near to medium term

Apple decides to take the plunge by making India alternative exports hub

Making the country an alternative export hub to China makes sense for the US giant but competition in the domestic market could be intense

Cautiously optimistic of reaching pre-Covid sales by Dec-end: JK Tyre CMD

About Covid-19, Raghupati Singhania says it has caused the company to defer its expansion plans

German group Allgeier SE's iQuest and Nagarro merge operations in Romania

This merged entity will bring together over 800 employees

GoAir brings back Kaushik Khona as CEO, airline's third change in 2 years

Khona was at the helm of GoAir from April 2009 to June 2011

NCLAT sets aside insolvency proceedings against Ansal Properties and Infra

A three-member NCLAT bench observed that a decree-holder cannot be treated as financial creditor for the purpose of triggering insolvency proceedings against a company

Sterlite Power offloads 14.7% stake in IndiGrid for Rs 840 crore

IndiGrid is India's first infrastructure investment trust in the power sector

Fortis Healthcare reports loss of Rs 187 cr, intends to rebrand as Parkway

Its consolidated income from operations stood at Rs 605.95 crore for the quarter under consideration

Helo India head Rohan Mishra quits following govt's ban on Chinese apps

Roshan Mishra joined the company in April

Google to show more hotels with full refund policies in its search engine

"We recently introduced driving alerts to notify you about Covid-19 checkpoints and restrictions along your route in Google Maps," the tech giant said