Page 3090 - Company News

Fresh capital outlay of Rs 20k-cr for infra at AMNS's Gujarat steel plant

ArcelorMittal chairman L N Mittal shares steel plant progress with Gujarat chief minister Vijay Rupani

Auto sales likely to see sequential growth in next 2 months: Report

The tractor segment reported strong volume despite current tough situation owing to positive sentiment following a healthy Rabi output, it said

Coal India arm BCCL says no impact of strike; union leaders claim otherwise

The colliery management has deployed CISF personnel in large numbers and intensified patrolling in the area to foil any attempt of trade union leaders to stop miners from joining duty

Telecom companies need another round of tariff hike, say analysts

Any tariff hike is possible only if there is collective effort on the part of all telcos, says research firm Motilal Oswal

More drugs may see price revisions as raw material costs, expenses rise

API prices have gone up by 25-30 per cent for some drugs in recent months

HUL renames its flagship skin care brand Fair & Lovely as Glow & Lovely

The men's range of Fair & Lovely will be called Glow & Handsom

IndiGo to give 25% fare discount to healthcare workers till end of 2020

The nurses and doctors will be required to provide valid hospital IDs at the time of check-in as a proof of their identity, the airline said

Bigbasket is charting next phase of growth by juggling offline, online play

The company is eyeing to fill the white spaces as it were and expand its offering as an omni-channel operation

Hines ties up with Bengaluru-based DNR group to build 1 mn sq ft complex

Hines, in a statement, said it has entered into Bengaluru office development through a tie-up with DNR Group, a leading local developer

Amit Raje joins Mahindra Group as EVP for partnerships and alliances

Raje's appointment comes weeks after the Anand Mahindra-led firm announced that it will exit from loss making subsidiaries and entities

BS READS: A debt-laden gym chain, a tainted auditor, and the missing crores

Even as Talwalkar group firms are defaulting on interest payments, Talwalkars Health Clubs has been pumping money into newly incorporated firms with negligible operational income and no track record

Coal India trade unions start 3-day strike, total loss estimated at 4MT

The move comes at a time when the government has set an ambitious one billion tonnes of coal output for Coal India (CIL) which accounts for over 80 per cent of domestic coal output

Commercial vehicle sales lag as coronavirus outbreak pulls down economy

Medium and Heavy Commercial Vehicles volumes dropped nearly 92 per cent YoY during the first quarter of Financial Year 2020-21 and Light Commercial Vehicles volumes plunged 87 per cent.

Chinese app ban to create funding hurdle for Indian unicorns and soonicorns

Experts foresee major impact on new investments by Chinese players in companies such as Paytm, Ola, BigBasket, Dream11, MakeMyTrip, and Swiggy, when they go for follow-up funding

Moody's extends review for downgrade on Hero FinCorp's Baa3 rating

The expectation was that the company's asset quality will deteriorate on the back of rising loan delinquencies and defaults

Cybersecurity top priority for Indian CIOs post Covid-19 pandemic: Adobe

The CIOs from India and Australia re-asserted that cyber security continues to be one of the most cited areas for planned investment

Tractor sales surge in June, buoyed by positive farm sentiment: Industry

Mahindra & Mahindra Ltd's Farm Equipment Sector (FES) domestic sales in June saw a surge of 12 per cent to 35,844 units, as against 31,879 units sold during June 2019

After govt ban, Google temporarily blocks access to 59 apps in India

However, the spokesperson did not disclose details of the apps that Google had blocked

Kalyan Jewellers appoints Sanjay Raghuraman as CEO, names new directors

Expanding the Board of Directors, the company further appointed Salil Nair as Non-Executive Director, while Anil Nair was named as Independent Director

Digital payments rebound in June after blip in April transactions

Overall transaction values reach pre-Covid levels