Page 3256 - Company News

Tata Motors, M&M, MG Motors face supply issues from China over coronavirus

M&M has reported a 42 per cent decline in total sales at 32,476 units in February

Will double turnover with anti-diabetic bet, says Boehringer Ingelheim

Boehringer has expanded its field force to 570 representatives to boost their diabetes medicine sales that contributes nearly 75 per cent of the company's turnover

Diabetes will be one of our key focus areas: AstraZeneca's Gagan Singh Bedi

British drugmaker AstraZeneca, which has committed to invest $90 million in India over five years, has set up Integrated Cardio Metabolic Centre in Kerala for holistic treatment of diabetes

Bigbasket aims to go for IPO by 2023, cross Rs 7,000 cr in revenue in FY21

Bigbasket expects to close the current financial year (FY20) with a top line of Rs 5,000 crore. In FY22, it hopes to hit the billion-dollar mark with revenue of Rs 7,000 crore

Tata Motors domestic sales drop 34% in Feb as coronavirus disrupts supplies

Girish Wagh, President, Commercial Vehicles Business Unit, Tata Motors Ltd said that commercial vehicle domestic sales in February was 35 per cent lower than last year

My favourite campaign is Fevicol: Brand strategy advisor Prabhakar Mundkur

Prabhakar Mundkur says the classical tools of advertising are irrefutable. When used properly they can create great campaigns

Woodland banks on retail expansion to double sales to Rs 2,500 cr by 2025

The company, which is presently operating around 600 retail stores in around 250 cities, mostly owned by it, plans to add around 30 to 40 stores every year mostly in small cities

India highest growing in Asia Pacific, Japan & China region in FY19: Cisco

In fiscal 2019 (ended July 2019), Cisco delivered strong top-line growth and profitability, reporting revenue of USD51.9 billion from USD 49.3 billion in FY18, registering a 7 per cent growth y-o-y

Maruti Suzuki sales dip 1% in February to 147,110 units, exports up 7.1%

Domestic sales dropped 1.6 per cent to 1,36,849 units last month as against 1,39,100 units in February 2019

India Inc shifting to recruiting firms for talent acquisition: Report

The study covered over 200 senior to mid level executives across sectors from December 2019 till January 2020

BPCL valuation too high, Vedanta will evaluate bid: Anil Agarwal

Agarwal said the share price has moved up 40-50 per cent since the time the government announced its plan to sell stake in November last year

Maxxis bets big on India as it aims to enter top 5 global tyre maker list

The company is investing $400 million on its first manufacturing plant at Sanand in Gujarat, where it is working to hike output

Mahindra & Mahindra sales skid 42% to 32,476 in February, exports down 40%

The company had sold 56,005 units in the same month last year, M&M said in a statement

Audit committees of company boards must play more active role: Think tank

Ways and means need to be explored to improve the role of the audit committee and to make it more involved and responsible, CEPR said

Hyundai February sales dip 10% to 48,910 units; exports down 22%

The company had sold 54,518 units in the same month last year

Maruti, Hyundai, Toyota see no impact of coronavirus on production so far

The companies, however, continue to monitor the situation closely, especially the operations of their major suppliers, in order to face any adverse situation that crops up in the future

CPCL raises Rs 1,145 crore through NCBs issue to meet capex funding

The fund raising is to meet the funding of capex and financing of normal business activities

Startups, new-age tech firms flock to mid-rung B-schools for recruitment

Traditional manufacturing firms stay away, mainly because of the ongoing slowdown

Amazon-backed Capital Float betting big on co-lending partnerships

The firm also seeks to reduce its dependency on external funds

Infosys' Finacle platform sees demand as banks move their data to cloud

Finacle, which is the flagship core banking system (CBS) from Infosys' stable, had started providing services in the cloud environment in 2016