Page 3121 - Company News

Sufficient liquidity at present; no asset impacted by Covid-19: L&T

About ability to service debt and other financing arrangements, L&T said it has a relatively low debt equity ratio of 0.49:1 as on March 31, 2020

Vedanta cuts aluminium cost by 20% in Q4 amid coronavirus pandemic

The company aims to commence mining from this Jamkhani block within a year of getting the requisite approvals from the state authorities

Pre-owned cars strike chord with customers as lockdown eases: CARS24

The preferred top five models in pre-owned cars continue to be Maruti Suzuki Swift, Hyundai Santro Xing, Hyundai Grand i10, Honda City and Maruti Suzuki Swift Dzire

Edible oil firms to buy seeds directly from empanelled farmers and APMCs

Large and mid-sized firms are likelt to save some costs using this mechanism, some of which will be passed on to farmers

BHEL commissions 270 mw thermal plant in Telangana's Bhadradri Project

Located at Manuguru in Kothagudem district of the state, the project was awarded to BHEL by Telangana State Power Generation Corporation Limited (TSGENCO), the company said in a statement

Flipkart starts voice assist in multiple languages to make shopping simpler

The voice assistant will enable consumers to discover and buy products easily using voice commands in multiple languages, starting with Hindi and English

Voda Idea jumps 129% in 10 days; should you buy? Here's what experts say

Listen to the podcast to know what Ambareesh Baliga and Abhishek Karande said on the reason behind the phenomenal surge and what should investors do at this point

Battery maker Amara Raja to go ahead with Rs 350 crore capex on production

Company says it saw demand picking up in May and has managed coronavirus crisis well.

Life insurers note 25% drop in new business premiums in May due to Covid-19

In the first two months in FY21, NBP of life insurers dropped almost 30%

DLF-GIC joint venture reports 15% increase in rental income in FY20

As per the presentation, the DCCDL's net profit dropped to Rs 1,317 crore last fiscal from Rs 1,400 crore in 2018-19

In-home consumption of biscuits, salty snacks increases amid lockdown

According to a research by UK broking house, Investec Securities, in the near term, out of home consumption is expected to take a back seat as the lockdown keeps more people at home

Fuel prices hiked for third straight day; petrol costlier by 54 paise

This is the third daily increase in rates in a row. Oil companies had on Sunday restarted revising prices in line with costs, after ending an 82-day hiatus

Online used car seller Vroom raises $467.5 million in upsized US IPO

Vroom priced its IPO at $22, above the initially marketed range of $18 to $20

Film business hit, Inox Leisure reports net loss of Rs 82 cr in Q4 FY20

Inox Leisure's total expenses fell 3.39 per cent to Rs 396.98 crore during the fourth quarter as against Rs 410.93 crore a year ago

Covid-19 crisis: Drug sales in May down 9%, fiscal growth to be flat

Market research firm AIOCD AWACS has predicted zero growth in the domestic market this financial year.

How Hyundai's Creta beat the odds to become most sold car in May

Smart positioning, continued communication and a global design language have played a big role, say experts

South Korean court denies arrest warrant against Samsung heir in fraud case

Prosecutors last week asked the court to issue an arrest warrant for the 51-year-old Lee, as part of a probe into alleged accounting fraud

Titan Q4 PBT rises 13% at Rs 509 crore despite Covid-19 disruption

Minimises impact of pandemic through cost control measures; says witnessing good response from customers post opening up outlets

Prove financial capability: Cidco puts GVK in dock over Navi Mumbai airport

Cidco's queries to GVK group on its financial health comes as the latter has been unable to secure funds from banks and start work on the project.

Volkswagen replaces Herbert Diess as chief executive of the VW brand

Volkswagen appoints Ralf Brandstaetter as CEO of VW brand