Page 3294 - Company News

TVS Motor's profit-before tax declines to Rs 221.8 cr in Q3 FY20

PBT for the quarter ended December 2019 after exceptional item stood at Rs. Rs.145.7 crore as compared to Rs 258.45 crore, a year ago.

GoAir starts phasing out A320 ceo planes, two already out of operations

Currently, the airline has a fleet of 58 planes, including 15 A320 ceos and 43 A320 neos

UP govt clears investment projects of Rs 3,653 cr in past two months

Projects are expected to generate more than 11,000 new jobs; letters of comfort already issued or are in the process of being issued

Indian employees to man exhibit area of Chinese firms at Auto Expo: SIAM

The biennial automobile show kicks off on Wednesday with media presentations, and will be officially inaugurated on Thursday

MSMEs grapple with stress even as govt grants more time for restructuring

Muted demand, non-payment by large customers, and unwillingness on the part of banks to restructure loans takes a toll on the sector

JSW Energy Q3 consolidated net profit jumps over twofold to Rs 394 cr

The company had clocked a Rs 146-crore net profit during the corresponding quarter a year ago, JSW Energy said in a BSE filing

Exide Industries Q3 consolidated net profit declines 17% to Rs 118 cr

The company had posted a consolidated net profit of Rs 141.94 crore in the same period last fiscal, Exide Industries said in a regulatory filing

Truecaller turns profitable, crosses 200 mn monthly user-base globally

Truecaller is also expanding its business portfolio with services like Truecaller for Business

Consulting firm Accenture opens second innovation hub in India at Hyderabad

The latest addition to Accenture's global innovation network houses 2000 professionals with expertise across multiple industries

Essar Steel seeks 36 LNG cargoes for delivery between 2021-2023 : Report

The tender closes on Feb. 5 and remains valid until February 7, one industry source said

Companies see Budget 2020 farm, infra push helping commercial vehicle sales

Tata Motors, Ashok Leyland, VECV Ltd report modest growth as economy slows and transporters are saddled with surplus capacity.

LIC IPO: Staff union to hold walkout strike in protests against move

The walk-out will take place at all offices of the insurance behemoth across the country

Bajaj Auto reports 3% decline in sales at 394,473 units in January

The firm had sold a total of 407,150 units in January 2019, Bajaj Auto said in a statement

Granules India divests entire stake in JV Biocause Pharmaceutical

Shares of Granules India Ltd were trading at Rs 146 a piece on BSE

Remove tags to get more women in workforce, says Tata Sons Chairman

In healthcare for example, rules are strict, he noted, pointing to "what can be done by doctors and what can be done by people who are not doctors"

AirAsia's Fernandes denies link to bribery scandal after stepping down

Fernandes, one of the aviation industry's best-known faces, on Monday stepped aside as chief executive of Asia's biggest budget airline for at least two months

AirAsia CEO Tony Fernandes, chairman quit over Airbus bribery scandal

Airbus said last week it had agreed to set aside up to 3.6 billion euros to settle a corruption probe by authorities in France, Britain and the United States

Disappointing revenue growth hits Google parent Alphabet shares in Q4

Alphabet shares slipped 4.7 percent in after-market trades that followed release of the earnings figures

Nirma in talks with Apollo Global Management, Bain for Emami Cement bid

Nuvoco is among the bidders for Emami Cement, which has picked Arpwood Capital and Credit Suisse Group AG to manage the sale of the unit as Bloomberg News previously reported

The rise (and rise) of the family office

Unicorns are toppling older industrialists who have got quashed under debt and distracted diversifications