Page 3296 - Company News

Budget 2020: Road to bourses for LIC is not going to be an easy one

Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation

Cochin Shipyard acquires 100% stake in two dry docks of West Bengal

With this acquisition of shares, HCSL has become a wholly-owned subsidiary of CSL with a paid-up share capital of Rs 22 crore

Lamborghini aims to maintain growth momentum in India despite slowdown woes

'We want to maintain the growth momentum in 2020', said Lamborghini India head Sharad Agarwal

Amazon, Flipkart may reach out to govt for clarification on 1% TDS levy

The government on Saturday proposed a new levy of 1 per cent TDS (tax deducted at source) on e-commerce transactions, a move that could increase burden on sellers on such platforms

HCL Tech to hike workforce in Lucknow by 50% to 6,000 by March 2021

Firm currently serves 103 global clients from Lucknow centre, of which nearly 70% are US-based

Steps in Budget should help lift India Inc's optimism: Edelweiss Group CEO

The finance minister wants to encourage people to move from savings to consumption

Nirmala Sitharaman's second Budget is a missed chance for the markets

Expectations of a growth stimulus have been belied

Budget: Telecom, auto sectors stay in stress zone with no direct relief

All three sectors had lobbied hard but the Budget did not offer any respite

Budget 2020: Now, Amazon orders to cost more if this amendment is enacted

In order to provide relief to small businessman, it is proposed to provide exemption to an individual and Hindu Undivided Family who receives less than Rs 5 lakh and furnishes PAN/Aadhaar

Coal India's output during April-January period declines 3.8% to 451 MT

The company had produced 469.65 million tonnes (MT) of coal in the year-ago period

Honda Cars' domestic sales dip 71% in January, ramps up BS-VI production

Exports stood at 182 units last month

Hero MotoCorp total sales in January decline 13.9% to 501,622 units

The company had sold 5,82,660 units in the year-ago period, the two wheeler major said in a statement.

Burdened with AGR dues, telcos rue absence of relief measures in Budget

The telecom industry had been pinning its hopes on the Union Budget to offer some breather on licence fee and spectrum usage levies

LIC may become biggest firm by m-cap; valuation can hit Rs 10 trn: Experts

Finance Minister Nirmala Sitharaman on Saturday said LIC will be listed as part of the government disinvestment initiative

Budget lacks immediate measures to revive ailing sector: Auto industry

The industry however lauded the government's initiative to increase customs duty on imported electric vehicles

New scheme to end I-T disputes won't attract Vodafone, Cairn: Experts

FM added that in the past, the Modi-led government had taken several measures to reduce tax litigations

Budget 2020: Govt stance on wealth creators to lift confidence, says Mittal

He noted that digital technologies are set to become the primary platform for economic activity and growth

How new brands are reshaping the fitness industry - and our bodies

A Hrithik Roshan Xtreme group session, a 3 am gym routine or a DIY home workout, it's all possible

Budget 2020: Space sector share up 8% to Rs 13,479 cr to develop space tech

In launch vehicles, Isro expects to fly its first small rocket with a carrying capacity of 500-700 kg in the next few months

Hyundai Motor India reports 3% sales dip in January to 52,002 units

Domestic sales were down 8.3 per cent to 42,002 units as against 45,803 units in January