Page 3281 - Company News

With profitability in mind, Renault plans slew of initiatives in India

The auto maker is also gearing up to bring a mass segment EV in India within the next two years

AGR dues: DoT asks telecom operators to pay up as SC breathes fire

Telecom operators ignore midnight deadline; Bharti to pay Rs 10,000 cr by Feb 20; Voda Idea still silent

Renault reports first net losses in a decade for 2019 on lower sales

Renault said in a statement it suffered net losses of 141 million euros ($152 million)

NCLT orders inclusion of Videocon's overseas assets in insolvency

Videocon was in the first list of the 12 largest accounts that the Reserve Bank of India referred for bankruptcy in late 2016

Anti-profiteering body dismisses complaint against China's Xiaomi

"We do not find the present case to be a case of profiteering," NAA said in its order

Edelweiss Financial Services Q3 pre-tax profit dips to Rs 51.5 crore

Its stock on Friday closed 1.9 per cent lower at Rs 88.4 per share on the BSE

High cost inflation, weak domestic revenue may hurt Nestle's topline growth

Domestic sales grew by 10 per cent in Q4, but gross margin contracted by 217 basis point to a 10-quarter low of 56.5 per cent

MTNL Q3 loss widens to Rs 1065 crore, revenue dips 14% to Rs 624 crore

Employees cost of MTNL during the reported period stood at Rs 755.48 crore

RCom Q3 consolidated loss widens to Rs 10,598 cr, income slips to Rs 263 cr

The company had posted a loss of Rs 238 crore in the same period a year ago

Pramit Jhaveri: Taking charge at a challenging time for the Tata trusts

In the days to come, Jhaveri can be expected to play a larger role at one of the country's largest business groups

GoAir appoints Vinay Dube, former Jet Airways chief, as new CEO

In recent weeks the airline has been facing challenge due to delays in deliveries of aircraft and spare engines resulting in cancellation of flights

Tata Sons to take Rs 74,000 cr hit on group's foray into telecom biz

Holding firm to pick up Rs 14,000 cr AGR tab of Tata Tele, which only has Rs 200 cr of cash surplus as on Dec 2019

AGR order: Why Jio is set to gain more than Airtel as Voda faces collapse

Vodafone has 304 million subscribers of which 45 per cent are data subscribers

Compensation from Boeing over 737 MAX grounding key to SpiceJet operations

Incentives crucial for its survival as 737 MAX grounding stalls expansion plans

Fortis Q3 net loss narrows to Rs 69.32 cr on good show in hospital business

The third quarter of 2019-20 continues to witness earnings growth with margin expansion in the hospitals business

PhonePe earmarks Rs 800 cr in marketing to expand reach, signs Alia Bhatt

The current brand campaign of the company will feature four TV commercials with Aamir Khan and Alia Bhatt, which will be spread across digital platforms, radio, print and cinema.

AGR case: DoT officer who faced SC's wrath issued order after senior's nod

He had issued an order saying no coercive action should be taken to recover Adjusted Gross Revenue (AGR) dues from telecom firms after expiry of the deadline set by the apex court

Sun TV Q3 PBT drops by 8.12% at Rs 498.46 crore; revenue grows marginally

The subscription revenues for the quarter was up by 18 per cent to Rs 411.85 crore from Rs 349.60 crore for the corresponding quarter ended December 31, 2018

Glenmark Pharma Q3 consolidated net profit rises 64% to Rs 190.83 crore

Consolidated revenue of the company stood at Rs 2,735.56 crore for the quarter under consideration as against Rs 2,555.04 crore for the corresponding period a year ago.

IndiGo to start daily direct flight on Delhi-Dammam route from March 10

The airline will now operate a total of five daily direct flights connecting Dammam with Mumbai, Hyderabad, Kozhikode, Trivandrum and Delhi