Page 3265 - Company News
France's Groupe ADP to buy 49% in GMR airport business for Rs 10,780 cr
The company has signed a share purchase agreement with Groupe ADP
 "France's Groupe ADP to buy 49% in GMR airport business for Rs 10,780 cr")
What do customers want from e-commerce firms - quality or discounts?
Consumers look for quality, differentiated experiences across categories, finds a Kantar study; Amazon, Flipkart say the focus is on relationships
 "What do customers want from e-commerce firms - quality or discounts?")
Realme PaySa, ICICI Lombard come together to enrol insurance customers
According to the company, the policy administered as a group policy, can be taken from the Realme PaySa mobile APP pure digitally and does not require any documentation
 "Realme PaySa, ICICI Lombard come together to enrol insurance customers")
Coronavirus: Air traffic may fall 13% in Asia-Pacific region, says IATA
Consequently, the total global lost revenue will come to $29.3 billion and represent a 4.7 per cent hit to global demand
 "Coronavirus: Air traffic may fall 13% in Asia-Pacific region, says IATA")
Apple weighs letting users switch default iPhone apps to rival firms
To date, rival browsers like Google Chrome and Firefox and mail apps like Gmail and Microsoft Outlook have lacked the status of Apple's products.
 "Apple weighs letting users switch default iPhone apps to rival firms")
AGR dues: Three rating agencies downgrade Vodafone Idea in two days
According to official sources, VIL paid Rs 1,000 crore to the Department of Telecom on Thursday
 "AGR dues: Three rating agencies downgrade Vodafone Idea in two days")
Pixel 5 may become first Google phone to support wireless charging
This feature is obviously nothing new in the mobile world, but so far no Pixel has had it, GSMArena reported on Wednesday quoting XDA Developers
 "Pixel 5 may become first Google phone to support wireless charging")
Dharmendra Pradhan directs SAIL to draw action plan to enhance production
The minister said this while interacting with officials of SAIL's Bhilai Steel Plant (BSP) in Bhilai, Chhattisgarh, the PSU said in a statement
 "Dharmendra Pradhan directs SAIL to draw action plan to enhance production")
Top 10 products that can boost India's apparel exports: AEPC compiles list
Sakthivel sought the government's support in engaging the Indian missions to promote the shipments.
 "Top 10 products that can boost India's apparel exports: AEPC compiles list")
Hinduja Group, Cerberus Capital may partner to bid for YES Bank stake
The beleaguered Indian lender has been struggling to raise capital for the past few months, amid concerns about the quality of its assets and its exposure to the stressed shadow banking sector
 "Hinduja Group, Cerberus Capital may partner to bid for YES Bank stake")
After resolution of big steel cases, banks expect low recoveries from IBC
A senior banker with a public sector bank said, not more than 30% recovery was expected from the RBI's second list
 "After resolution of big steel cases, banks expect low recoveries from IBC")
AGR dues: Telcos owe Rs 22k cr in licence fees, Rs 70k cr in interest, fine
Besides licence fees, telecom companies owe Rs 55,054 crore in spectrum usage charges (SUC), as per estimates of the Department of Telecommunications (DoT)
 "AGR dues: Telcos owe Rs 22k cr in licence fees, Rs 70k cr in interest, fine")
DoT to bar foreign telecom vendors that exclude purchase from Indian firms
The order is part of govt's Public Procurement (Preference to Make in India) order 2017 which envisages to source domestically manufactured products to encourage 'Make in India'.
 "DoT to bar foreign telecom vendors that exclude purchase from Indian firms")
DHFL's pre-tax loss narrows sequentially to Rs 167.80 crore in Q3
The company reported a net profit of Rs 934.35 crore in Q3FY20 due to tax adjustments; no provision for interest on borrowings post insolvency proceedings
 "DHFL's pre-tax loss narrows sequentially to Rs 167.80 crore in Q3")
Sebi bans Midvalley from securities market for 7 years over fund diversion
Sebi conducted an investigation between January-February, 2011 to ascertain any irregularities with respect to the initial public offer (IPO) made by the firm
 "Sebi bans Midvalley from securities market for 7 years over fund diversion")
AGR dues: Govt to balance compliance, telcos' health, consumer interest
The government will ensure coordination on three aspects -- compliance to SC order, ensuring health of the sector and customer interest, the source added
 "AGR dues: Govt to balance compliance, telcos' health, consumer interest")
Automobile slump: Confidence remains elusive; car sales skid 4.6% in Jan
Overall vehicle sales down by 7.13% YoY in Jan to 290,879 units
 "Automobile slump: Confidence remains elusive; car sales skid 4.6% in Jan")
RSDCL, NTPC sign agreement to develop 925-Mw solar park in Jaisalmer
As per the agreement, RSDCL will develop infrastructure in the solar park and NTPC will develop the solar projects
 "RSDCL, NTPC sign agreement to develop 925-Mw solar park in Jaisalmer")
In first appointment under new CEO, WeWork names Shyam Gidumal its COO
WeWork is also soon expected to hire a new chief financial officer, according to a source directly familiar with the matter
 "In first appointment under new CEO, WeWork names Shyam Gidumal its COO")
MG Motor plans second India unit, may launch affordable EV shortly
Hopes to launch full-size SUV MG Gloster by Diwali 2020, and have four products in the market in one-and-a-half years of its operations in India
 "MG Motor plans second India unit, may launch affordable EV shortly")