Page 3129 - Company News

Food to air conditioners: Consumers press order button as markets reopen

QSRs wanting a slice of lockdown trade to white-collar workers dressing down in athleisure, demand for non-discretionary items has spiked since May 17

BEML to firm up partnerships with Czech, Japanese firms to indigenise tech

Tie-ups through the EOIs would be for products that complement BEML's existing products

Tata-Mistry dispute will test the rights of minority shareholders: Lawyers

The SC on Friday agreed to hear a plea filed by the SP Group challenging the National Company Law Appellate Tribunal's (NCLAT's) December order

17 independent power producers to forgo imported coal for domestic supply

Adani Power, GMR Energy, Avantha Power, Lalitpur Power, and Vedanta are some of the private companies that have applied for the 'import substitution' scheme of the Centre

Get, set, fly: Here's how airlines ensured safe travel as services resumed

The first step was identifying the touch points to reduce contact and go for sanitisation wherever that is not possible

Hygiene, social distancing in focus as restaurants, shops gear up to reopen

Assuring safety and well being of its customers, QSR chain operator KFC has modified the restaurant designs to reinforce social distancing

Air India makes it mandatory for crew to check pre-flight Covid-19 results

An Air India flight from Delhi to Moscow with no passenger on-board was asked to return midway on Saturday after its ground staff realised that one of the pilots of the plane had tested positive

Covid-19 impact: LIC listing, IDBI Bank stake sale may be postponed

Finance Minister Nirmala Sitharaman while presenting the Budget 2020-21 had announced stake sale in LIC through an initial public offer in the current financial year

RIL on track to attain zero net debt even if Aramco deal is delayed: Report

Adjusted net debt, however, at Rs 2.57 trillion is higher and would take longer to repay

FDA new drug approval run rate down in FY20 for most Indian pharma majors

According to analysts, companies are skeptical about entering crowded opportunities

Trump-Twitter spat: Debate rages on role of social media companies

The US executive order gives regulators the power to take action against online platforms that are seen as censoring free speech

Merger of three state-owned general insurers on back burner due to Covid-19

Notably, the boards of the three firms had approved the merger in January and had appointed management consultant firm EY to chalk the road map for the exercise last year

IDBI Bank reports PBT of Rs 289.66 cr for Q4FY20 over healthy rise in NII

The bank's net interest income (NII) rose by 46 per cent to Rs 2,356 crore in Q4FY20 from Rs 1,609 crore Q4FY19

YES Bank acquires 24.19% stake in Dish TV through pledged shares

The bank's move to pick up a stake in Dish TV comes following an invocation of pledged shares to the tune of 445.3 mn in the firm, the lender said in a filing to the stock exchanges late on Friday.

I am cautiously optimistic about demand revival in H2: TVS Motor CEO

While the company expects to outdo the industry on domestic sales and exports, its capex in the current year is likely to come down substantially

PE players, FMCG companies betting on branded spices, condiments market

Most of the top spices and condiments companies in India, whether regional or national, have a range of masala mixes in their portfolio

Quess Corp headcount likely to fall 10-15% in Q1 amid Covid-19 crisis

Firm is hopeful of returning to growth path once major cities open up

Covid-19 impact: IT companies get back to work with new rule book

Capgemini which employs about 110,000 employs in India has about 5 per cent of its workers coming to office

Tea companies fear losing lucrative Chinese market over border conflict

Over the past five years, China emerged as the third largest importer of Indian tea as demand for the black variety has been soaring there

Covid-19: IFC to infuse $35 mn in JK Paper to fund its working capital need

The proposed IFC infusion would fund the incremental working capital requirements due to the impact of Covid-19