Page 3316 - Company News

Budget wishlist: Reduce GST on bicycles to 5% from 12%, says Hero Cycles

The company has also sought extension of FAME-II benefits to electric bicycles

Q3 results: Bank of Baroda posts net loss of Rs 1,407 cr, shares decline 3%

Shares of the company fell 3.40 per cent to close at Rs 92.35 on the BSE. During the trade, it dropped 3.76 per cent to Rs 92

EESL gets first electric vehicle from MG Motor to be used by govt officials

EESL is seeking to leverage the immense potential of replacement of existing vehicles in the government departments for initial demand aggregation

Lohia Group invests Rs 100 cr in aerospace and defence plant in Kanpur

Commercial production expected to start in March 2020

Unitech takeover: Despite IBC and RERA, homebuyers find no relief

Analysts point out the RERA, too, has not been able to stem the litany of woes faced by homebuyers in financially stressed projects

Govt to sell 100% stake in Air India; sets March 17 as deadline for bids

Ashwani Lohani said Air India does not have 'excess staff' and the retiring employees' medical benefits issue is being sorted out

NLC eyes 21,011 Mw power generation by 2025, renewables to make up 4,200 Mw

The firm's total power generating capacity has gone up to 6,044 Mw following the commissioning of two plants

Myntra ex-boss sets sights on e-health biz; eyes 15 mn customers in 5 yrs

Ananth Narayanan wants to turn Medlife into a $2-billion player

Q3 preview: Automakers likely to post subdued sales, improved margins

As for the bottom-line, Sharekhan pegs net profit for the major automakers to drop by around 8 per cent while Prabhudas Lilladher expects a much larger 26 per cent dip

USFDA issues Form 483 with 5 observations to Biocon's Bengaluru facility

Form 483 is issued to a firm's management at the conclusion of an inspection when investigator has observed any conditions that in its judgement may constitute violations of the FD&C Act

Amazon workers criticise company on climate change despite risk to jobs

Amazon, which relies on fossil fuels to power the planes, trucks and vans that ship packages all over the world, has an enormous carbon footprint.

Rahul Bhatia-owned IGE may back Rakesh Gangwal on exit norm relaxation

Thaw likely in IndiGo feud after EGM on January 29

Govt announces plan to sell entire stake in Air India, sets terms for sale

March 17 is deadline for submissions of initial expressions of interest; any bidder would have to agree to assume roughly $3.26 billion in debt.

Smaller towns driving demand for regional content, OTT viewership growth

Network-backed OTTs see fast growth alongside an increase in demand for regional content

Income mismatch probe: 5,000 companies under tax department lens

The Central Board of Direct Taxes has directed its tax sleuths to intensify enforcement action and launch search-and-survey operations against these firms

Maximum entertainment through OTT platforms tells the India mobile story

The ubiquitous mobile phone has long replaced almost every other form of entertainment in the country and in the process, also steadily overhauled the way we get entertained

Shriram Capital's consolidated profit after tax doubles in 5 years

Its total income grew to Rs 5,407 crore in 2018-19 (FY19), around 65 per cent in five years

Success fee gaining currency among insolvency resolution professionals

No official data is available on the charges but Insolvency and Bankruptcy Code (IBC) experts say the fee is being paid in more than half of the overall cases going for resolution

Air India set to double its flights on Tel Aviv-New Delhi route from April

Sale of tickets for the additional flights is already enabled on the carrier's web site.

Small units to be bigger as TCS revisits 2011 strategy to boost revenue

Also plans to identify the next billion-dollar bets in the digital services space