Page 3166 - Company News

Heavy lifting by SBI, others fail to do the trick for YES Bank

Though stock gained over 6%, Q4 numbers gave investors nothing to cheer about

Vizag gas leak: LG Polymers' India journey is riddled with controversy

Set up in December 1996, weeks before Korean major LG Electronics entered India, the plant has been at the centre of legal battles since its association with the $23 billion LG Chem.

HCL Technologies does better than most rivals in Q4; revenue rises 16%

Like some of its peers, the Noida-based company did not provide a full-year guidance given the current global uncertainty

Ratan Tata picks up stake in an 18-year-old's pharmaceutical start-up

Invests undisclosed amount in Generic Aadhar in personal capacity; firm claims annual revenue of Rs 6 cr, seeks to scale it up to Rs 150-200 cr in three years

Amazon, Future Group in talks over sale of stake in Future Retail

The move came after Future group firms defaulted on loans taken against the pledged shares of Future Retail in March, which also impacted its share price

NCLT cancels this year's summer vacation for all benches across the country

The Delhi-based principal bench was scheduled to go on summer vacation in the month of June.

VE Commercial Vehicles receives govt. permission to restart manufacturing

Many of the company's suppliers continue to be closed, and dealers are also not functioning currently

Fitness brands struggle to find right pitch to keep their flock together

As the business of fitness crumbles over a prolonged lockdown, a once thriving set of brands is struggling to stay in the race

Beauty takes back seat as essential items become priority amid lockdown

Beauty products segment witnesses 0.8% decline in March, says Nielsen

Covid-19 impact: AMNS India's March operations take a hit due to lockdown

The company said that it had moved to match production with the evolving orderbook; steel shipments for 2Q 2020 were expected within the range of 13.5 million tonnes to 14.5 million tonnes

Co-founder Rahul Jaimini no longer active in Swiggy, joins new start-up

He moves to career accelerator start-up Pesto Tech as its co-founder; will remain on Swiggy board

Industry in Ahmedabad face first day jitters of complete lockdown

The first day impact has been more on the pharma especially in the wake of 26 workers at Cadila Pharmaceuticals Ltd.'s facility in Ahmedabad testing positive for COVID-19

HCL provides protective equipment to healthcare workers in Coimbatore

HCL has provided 7,000 PPE kits complying to the SITRA and HLL specifications, 20,000 three-ply masks, 55 liters of sanitizer and two hands-free wash basins to the district administration.

Amazon offers special delivery of essentials in Mumbai's containment zones

Amazon will deliver orders to a designated delivery point in the vicinity of the containment zone, from where volunteers will take the packages to the customer's doorstep

Battery industry to see upsurge in replacement market in near future

Marginal growth is expected in the lead acid battery (LAB) segment, driven by the upsurge in aftermarket demand for replacement of old and discharged batteries

LG Polymer: What India should know about the company behind Vizag gas leak

The Korean company took over erstwhile Hindustan Polymers in 1997 from its then owner United Breweries Group

ArcelorMittal beats first quarter profit estimates, sees sharp drops in Q2

First-quarter core profit (EBITDA), the figure most watched by the market, was $967 million, compared with the average forecast in a company poll of $867 million

After a weak April, cement demand to fall by 10-12 per cent in FY21

Experts say that the cement demand during the first quarter of the financial year is typically led by housing (60-65 per cent), followed by infrastructure segment (20-25 per cent).

Covid-19 outbreak: Metro operators lose Rs 700 crore amid lockdown

DMRC to have the largest chunk of revenue loss estimated at Rs 700 cr

Covid-19 outbreak: Zomato may now get liquor for you amid lockdown

Zomato has already diversified into grocery as the restrictions on movement shuttered some restaurants and people hesitated to order outside food