Page 3023 - Company News

Ford CEO Hackett to retire, Jim Farley to lead automaker from October 1

Ford Chief Operating Officer Jim Farley will lead the storied automaker into the future starting October 1 when current CEO Jim Hackett retires.

General insurers received 80,900 Covid claims worth Rs 1,290 cr till Jul 31

The number of claims settled by insurers as on July 31 is 52,880 and the claim amount paid, around Rs 490 crore

Spencer's Retail to raise Rs 80 crore rights in maiden rights issue

The maiden rights issue of Spencers Retail of Rs 80 crore to meet its working capital needs and other general purposes opened on Tuesday.

Ashok Leyland arm delivers first battery-electric Metrodecker EV to UK firm

This Metrodecker is a part of the 107 Metrodecker EVs order Optare has received since the product was launched 18 months ago, Ashok Leyland said

NMDC production rises by 13 %, sales up by 7 % in July

In July 2020, the Chhattisgarh projects registered a production of 1.56 million tonnes

Toyota to bring in compact SUV 'Urban Cruiser' during festive season

Besides Vitara Brezza, the model would compete with the likes of Hyundai Venue, Tata Nexon and upcoming products from Kia Motors and Nissan

Need long-term policy to boost oil palm cultivation, reduce imports: OPDPA

India is heavily dependent on imported edible oils. Of the total 15 million tonnes of import, about 9 million tonnes (or nearly 60 per cent) is of palm oils

Covid-19 impact: Suzuki Motorcycle July sales fall 50% to 34,412 units

The company had sold a total of 69,236 units in the same month last year

Will continue to focus on growing business faster than market: Sun Pharma

The company's strategy of developing the Specialty business as an additional growth engine has started delivering, with a gradual ramp up in specialty revenues, Shanghvi said

Margin pressures to cap upside for Dr Lal Pathlabs as Covid dents volumes

Valuations too do not leave much scope for gains

Diageo full-year sales plunge as demand in bars, restaurants dries up

On Tuesday, the company reported an 8.4% drop in organic sales for the year ended June 30

Drive-through restaurant biz zooms over 400% during Covid-19 pandemic

Sales high; fast-food and cafe chains increase focus on segment

Airtel expands 4G footprint in rural pockets of Leh, Kargil in Ladakh

Over a dozen remote villages in the twin districts of Leh and Kargil in the Union Territory of Ladakh got their first 4G experience over Bharti Airtel's ultra-fast network

Listed firms may come to resolve grievances against proxy advisors: Sebi

The regulator noted that proxy advisors, over the past few years, have played a key role in enabling shareholders to effectively participate in corporate governance decisions

Replacement demand, spurt in UPS sales to support Exide's revenue

Margins, however, could be under pressure on higher raw material costs

Adani group, Suraksha, Sunteck Realty submit EOI to acquire debt-laden HDIL

HDIL is under corporate insolvency resolution process pursuant to the provisions of the IBC, 2016

Nokia to set up robotics lab at IISc to study 5G's 'socially relevant' uses

The centre will promote engagement and cooperation between academia, start-ups and industry ecosystem partners in research and development of use cases

Why this is an opportune time to reflect on corporate disability inclusion

By providing economic opportunities to PWDs when they need them the most, companies can make a huge contribution towards integrating this historically underrepresented community in the workforce

ITC's Bhadrachalam facility gets 'GreenCo Platinum+' rating by CII

ITC said its paperboards and specialty papers business integrated facility at Bhadrachalam, Telangana, has been conferred the 'GreenCo Platinum+' rating by CII Green Business Centre

Former UST CEO Sajan Pillai on his investment plans amid coronavirus

The tech entrepreneur turned investor plans to make investments from his Season Two Ventures (S2), an Indo-US corridor venture capital firm which has a corpus of $100 million