Page 3301 - Company News

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

Bajaj Auto chairman Rahul Bajaj to step down from executive role

After taking charge of the Bajaj Group business in 1965, Rahul Bajaj led the company to its growth path

Mahindra Electric Mobility plans a global journey, unveils a new brand

The new brand is meant to give the brand a renewed thrust to achieve its global ambition of being a leading player in electric mobility technology solutions

Cement sector growth declines to 2% in 2019, say industry experts

The demand for cement in India has gone up to 400 million tonnes (MT) from 30 MT four decades back

FMCGs scale-up rural distribution networks to combat economic slowdown

In view of the ongoing slowdown, which has impacted demand in rural India, ITC doubled its rural stockist network in the current fiscal year

Arvind SmartSpaces reports 118% jump in Q3 PBT at Rs 33.11 crore

The company's consolidated total revenue grew by 21.46 per cent to Rs 94.54 crore for Q3 of FY'20, up from Rs 77.83 crore during the same period of the last financial year

Voltas Beko eyes 2.5 mn home appliances by 2025 from Sanand facility

Under the JV, while Beko will bring in its strong research and development as well as global sourcing capabilities, Voltas will contribute in terms of its local branding and distribution strength

Rural market turns positive for carmakers on the back of good monsoon

Rural sales of the country's largest passenger car maker Maruti Suzuki India Ltd (MSIL's) increased by 2 per cent and accounted for 38 per cent of company's sales during the quarter ended Dec, 2019

Tata Motors posts Q3 net at Rs 1756 cr on strong JLR performance; sales dip

Jaguar Land Rover continued its turnaround and transformation journey with another quarter of strong delivery

University of Illinois offers 'soft-landings' to Indian startups in US

Its President Timothy L Killeen lauded the vibrant Indian startup ecosystem and said his university with its experience and being located "at the heart of the market" can offer help to such firms

Aurobindo's oral solid formulations unit under USFDA scrutiny

The company in a filing on Thursday said the OAI classification will not have any material impact on the existing revenues or the supplies to its US business at this juncture

JLR unveils new version of Range Rover Evoque in India priced at Rs 54.94 L

The model comes with enhanced off-roading capability with water wading capacity of 600 mm

AGR: COAI urges govt to offer telcos 10-15 years for settlement of dues

Fifteen telecom companies owe the government Rs 92,642 crore in unpaid licence fee and another Rs 55,054 crore in outstanding spectrum usage charges

Engineering firms flock to data centre biz, see opportunities worth $2.7 bn

Typical of engineering companies, data centres are being targeted for two kinds of opportunities

Cartiers took several generations to build trust, reputation: Brickell

'In the Cartiers' case, a few strategic marriages to the next generation of founders brought in funds to the family', said Brickell

Bajaj Fin reports 33% growth in Q3 profit, stock may remain range-bound

Growth was driven by net interest income (NII), which increased 42 per cent year-on-year (YoY) to Rs 4,537 crore in Q3FY20

WhatsApp messages can be hacked, intercepted and manipulated: Check Point

Check Point, in a blog underlining the vulnerability, said it has already informed WhatsApp of its findings

In a step towards e-tail, WhatsApp launches 'Catalog' feature for business

Catalog is a mobile storefront for businesses to display and share goods or products they are selling, for people to easily browse and discover

Shareholders reject Rakesh Gangwal's special resolution at IndiGo's EGM

51.44% shareholders oppose proposal to relax rules on sale and purchase of share by promoters

Ather Energy gets patent for light-weight charging connector for EVs

The connector will have a charging socket mounted on a hand-held unit, which will have an angular grip for ease of use.