Page 3148 - Company News

Wabco, ZF Friedchshafen get merger clearance from Chinese regulator's

Wabco India, a part of Wabco Holdings and a supplier for commercial vehicle industry, said that all required regulatory approvals have now been received and Wabco and ZF expect to close the merger

FM's reforms fail to impress airlines bleeding in coronavirus lockdown

Industry representatives says measures are for long term but they need immediate help

Fighting coronavirus: It's a mixed bag for Indian firms in Britain

Jaguar Land Rover, a marquee entity of the Tata group, has been majorly hit by the freeze

General insurers brace for a rise in non-Coronavirus claims after lockdown

This, in turn, will impact the loss ratio of insurers in the health segment

Despite Covid-19, Club Mahindra to push for expansion with Rs 1K cr capex

Shorter-term membership packages may be considered

Hike GST, but allow input tax credit for QSRs that employ many: Amit Jatia

In a Q&A, Vice-Chairman of Westlife Development which operates McDonald's in West and South India, says his outfit has neither laid off any of its 10,000 employees not cut their pay

Covid-19 impact: IT services let go of contract staff to reduce bench

In the last few years, subcontracting costs for most IT firms have also increased manifold due to protective measures around issuance of H1-B work visas

More enquiries for hatchbacks post easing of lockdown, says Maruti Suzuki

The company expects greater offtake from first-time buyers seeking functionality than from existing car owners wanting to upgrade

ITC launches Savlon hand sanitiser sachets at half a Rupee each

The brand has also partnered with various state governments to ensure availability of Savlon products

German footwear brand Von Wellx shifts production from China to India

Production will now happen at Agra in collaboration with Iatric Industries; German brand is sold in 80 countries and has over 100 mn customers worldwide

GAIL chief Manoj Jain now takes over as chairman of Mahanagar Gas

MGL, promoted by GAIL, supplies piped natural gas to households and auto and industrial gas in Mumbai and its suburbs

Stimulus 2.0: Reforms good, implementation a challenge, say food firms

The reason is the "well-oiled system" that exists right now, preventing farmers from approaching buyers directly.

RIL rights issue to open for subscription on May 20 and close on June 3

The abridged letter of offer, application form of rights issue and rights entitlement letter will be sent to eligible equity shareholders of the company

Covid-19 crisis: IT services companies pad up to reopen offices for staff

Apart from issuing guidelines for employees with dos and don'ts, the companies are using technology-led solutions to ensure social distancing at workplaces.

Coronavirus vaccine not coming for at least 2 years: Novartis global CEO

A vaccine must be widely tested in humans before being administered to hundreds of millions, say experts

Covid-19 impact: Non-Life insurance premiums fall more than 10% in April

Claims have also not risen sharply both in motor and health, giving some respite to insurance companies

Four in a lift, facing the wall: Office etiquette in Covid-19 times

The second of a 3-part series discusses precautions taken by firms to keep employees safe

Made in India, for and by Indians, says Reliance Industries on rights issue

In a corporate presentation titled 'New Reliance for a New India', released on Friday, RIL termed itself as the best proxy for India's consumption-driven and tech-propelled growth story.

DMart owner hikes stake in India Cements to 19.9%, stock zooms 13%

Analysts say acquirer may have found the firm attractive at the valuation at which it was available at

Havells no more a cool stock as Covid-19 dents Q4 show, FY21 outlook

Analysts expect profits to reach FY19 levels only next fiscal