Page 3070 - Company News
Aditya Birla Health hopes to maintain growth trajectory this fiscal: CEO
The company posted a 76 per cent growth in 2019-20 while the premium income rose by 70 per cent in the first two months of the current fiscal, Bathwal said in an interview
 "Aditya Birla Health hopes to maintain growth trajectory this fiscal: CEO")
Tech Mahindra helps bring back over 200 staff and families stuck in US
A chartered flight carrying the employees and their families took off from Fort Worth International Airport on Monday and is expected to land in Hyderabad tomorrow
 "Tech Mahindra helps bring back over 200 staff and families stuck in US")
CAIT aims to dent China's Rs 4,000 cr biz with 'Hindustani Rakhi'
CAIT would also hand over more than 5,000 rakhis to Defence Minister Rajnath Singh to be further sent to soldiers guarding the country's borders
 "CAIT aims to dent China's Rs 4,000 cr biz with 'Hindustani Rakhi'")
GoAir runs over 100 charter flights, repatriates 18,195 Indians in 1 month
GoAir commenced repatriation flights on June 10 and gradually ramped up its services with a combination of 'Vande Bharat Mission' flights and private international charters
 "GoAir runs over 100 charter flights, repatriates 18,195 Indians in 1 month")
Toyota launches 55% assured buyback scheme for Yaris, Glanza models
Toyota Kirloskar Motor (TKM) on Monday said it has launched special finance offers and schemes for customers, including 55 per cent buyback scheme for its Yaris and Glanza models, this month.
 "Toyota launches 55% assured buyback scheme for Yaris, Glanza models")
Voda-Idea moves telecom tribunal against Trai's objection on priority plan
The Telecom Regulatory Authority of India (Trai) also asked the two operators to withhold the specific plan in the interim period while the issue is being examined
 "Voda-Idea moves telecom tribunal against Trai's objection on priority plan")
IT services sector's revenues may contract up to 3% in FY21: Icra
In its report, domestic rating agency Icra also said that the profit margins for the sector will go down as the growth slows down
 "IT services sector's revenues may contract up to 3% in FY21: Icra")
Covid-19: After Swiggy, ITC Hotels ties up with Zomato for delivery of food
COO of ITC Hotels Anil Chadha said with the changing world order owing to the Covid-19 pandemic, these arrangements will help customers get their favourite cuisines sitting at home
 "Covid-19: After Swiggy, ITC Hotels ties up with Zomato for delivery of food")
French power firm EDF backs Indian start-ups via competitive programme
It is undertaking its global programme called EDF Pulse in India which follows a competition format and offers financial support and other facilities to the winners
 "French power firm EDF backs Indian start-ups via competitive programme")
Adani Ports fund-raising plan of $1.25 bn draws negative rating outlook
Agencies see strong fundamentals for Adani despite lowered ratings outlook
 "Adani Ports fund-raising plan of $1.25 bn draws negative rating outlook")
Tech Mahindra brings back 210 stranded employees, dependents from US
A special chartered flight carrying them took off on Monday from Dallas/Fort Worth International Airport and will land in Hyderabad on Tuesday
 "Tech Mahindra brings back 210 stranded employees, dependents from US")
Coal India dues from state gencos rise to Rs 22,000 cr amid weak demand
The mining behemoth is also not in a position to regulate supplies to the power companies as demand has remained subdued over the last few months
 "Coal India dues from state gencos rise to Rs 22,000 cr amid weak demand")
IT services sector may see downturn of up to -3% due to Covid-19: Icra
IT services companies have managed to overcome supply-led challenges through uninterrupted delivery of IT services through work from home model
 "IT services sector may see downturn of up to -3% due to Covid-19: Icra")
Air passenger demand to contract 49% for Indian airlines in 2020: IATA
It said the airlines of the Asia-Pacific region will see passenger demand collapse by 53.8 per cent this year in comparison to last year
 "Air passenger demand to contract 49% for Indian airlines in 2020: IATA")
L&T announces three new board-level appointments in key business verticals
The new appointments have been made after Shailendra Roy, whole-time director, ceased to be a director of the company on account of his superannuation
 "L&T announces three new board-level appointments in key business verticals")
India's large steel export volumes not sustainable in near term: Icra
China largest steel export destination for India during Apr-May
 "India's large steel export volumes not sustainable in near term: Icra")
Pharma firms face tough Q1 as sales see sharp drop on Q4 channel stocking
Analysts estimate sequential decline of 18-26% during the quarter
 "Pharma firms face tough Q1 as sales see sharp drop on Q4 channel stocking")
L&T Board inducts Subramanian Sarma as Executive Director, promotes others
Sarma said L&T's power business has carved a niche for itself as an EPC player backed by strong and indigenous manufacturing capability
Vistara announces set of safe-flying measures amid Covid-19 pandemic
The airline has urged the customers to follow the set of measures for safe-flying and remain careful, observant, distanced and empathetic, whenever they fly
 "Vistara announces set of safe-flying measures amid Covid-19 pandemic")
Google CEO Sundar Pichai has a virtual meeting with PM Modi
The talks mainly focused on attracting FDI into India and the role of technology giants in turning around the economy
 "Google CEO Sundar Pichai has a virtual meeting with PM Modi")