Page 3300 - Company News

Despite new launches, Samsung continues to lag behind Xiaomi in India

It has 18.9 per cent share of the market (Q3 2019, IDC), down from 22.6 per cent for the third quarter of 2018 while Xiaomi has 27.1 per cent share

Blackstone quarterly profit rises 27% on asset sales, fee revenue

The buyout firm also completed the sale of its 61% stake in Swedish property firm Hembla AB to German real estate company Vonovia SE for about $1.3 billion

Apple, Samsung in close competition for title of top smartphone seller

Industry trackers on Thursday released estimates that show the iPhone maker close to matching or surpassing its Korean rival in shipments during the pivotal holiday quarter

Coronavirus outbreak: Electronics companies stare at uncertain future

As a large number of components continue to be imported from the neighbouring country, makers of mobile handsets, air conditioners, television sets and refrigerators may face a supply crunch

LIC HFC Q3 PBT down 13% on a sharp rise in provisions for stressed loans

It had posted a PBT of Rs 745.32 crore in the third quarter ended December 2018 (Q3Fy19)

With no sign of turnaround, NCR real estate market on tight belt

The second of a three-part series looks at how the overall economic slowdown and govt action on the debt-laden builders have altered the real estate landscape of Gurugram region

Godfrey Phillips sale: Family working to solve differences, says Lalit Modi

The new move comes just days after Lalit Modi, through a series of tweets, had declared war on his family members, saying that all key assets of the K K Modi group were up for sale

No India impact as Unilever plans to review tea business globally: Experts

The Indian tea portfolio includes brands such as Brooke Bond Red Label, 3 Roses, Taaza, Taj Mahal and Lipton green tea

Unilever likely put Lipton Tea on the block amid slowdown in demand

Unilever is following a consumer shift to coffee as a primary source of caffeine, with takeaway cafes proliferating from London to Beijing

UltraTech is now Asia's second-most valuable cement company by m-cap

UltraTech and Shree Cement now together account for a fifth of the combined m-cap of Asia's leading listed cement makers, against their 6 per cent share in industry's revenues

JLR posts revenue hike amid sales fall, China business continues to recover

The company has now embarked on 'Project Charge +', the next phase of Project Charge

Marico Q3 net profit rises 10% to Rs 276 crore on gross margin expansions

Marico's total expenses were at Rs 1,495 crore as against Rs 1,542 crore, down 3.04%

Colgate-Palmolive Q3 net up 3.64% at Rs 199 crore, income rises marginally

The company reported a net sales growth of 4.1% despite category headwinds in both rural and urban

Dalmia Cement to appeal to NCLAT to save its subsidiary Calcom

Calcom was admitted to NCLT following an appeal from Mauritius based GuarantCo Ltd, a financial creditor who has alleged dues of Rs 100 crore

TVS Motor launches BS-VI compliant Apache RR310 bike priced at Rs 2.4 lakh

Apache RR310 BS-VI features new technology such as throttle-by-wire

IOC Q3 net triples to Rs 2,695 cr as inventory gains offset lower margins

IOC had a forex loss of Rs 182 crore as compared to Rs 2,804 crore foreign exchange gain a year back

JLR CEO Ralf Speth to retire Sept; remain on Tata Sons board: Tata Motors

Speth will maintain his relationship with the Tata Motors-owned firm by taking up the role of non-executive vice chairman

Bharti Infratel Q3 net profit rises 23% to Rs 798 cr, income slips 4.2%

Its net profit stood at Rs 648.4 crore in the year-ago period

Air India sale: Entities can bid based on affiliates' financial strength

The government has proposed selling 100 per cent stake in Air India along with budget airline Air India Express

Amid Coronavirus scare, phone, electronics cos say production to be hit

Haier India President Eric Briganza said there is bound to be an impact on production