Page 3317 - Company News
New FMS to boost production of MBT engines at Chennai ordnance factory
The commissioning of the FMS will enable the factory to meet the enhanced requirements of engines and spares
 "New FMS to boost production of MBT engines at Chennai ordnance factory")
Have factored in operational issues for all-economy aircraft: Vistara CEO
At present, there are 39 aircraft in Vistara's fleet comprising 19 A320neo aircraft, 13 A320ceo aircraft and seven Boeing B737-800NG aircraft.
 "Have factored in operational issues for all-economy aircraft: Vistara CEO")
Qualcomm unveils mobile chipsets supporting Isro's NavIC navigation system
The Indian Space Research Organisation (ISRO) has said it provided consultation for Qualcomm towards enabling NavIC capability in their Snapdragon mobile chipset.
 "Qualcomm unveils mobile chipsets supporting Isro's NavIC navigation system")
RBI scraps certificate of authorisation of Vodafone's mobile payment app
Last year, Vodafone Idea had decided to close m-pesa vertical following the closure of Aditya Birla Idea Payments Bank Ltd (ABIPBL), with which it was being merged.
 "RBI scraps certificate of authorisation of Vodafone's mobile payment app")
India making progress in cybersecurity, threats fall in 2019: Kaspersky
According to Kaspersky Security Network (KSN) reports, from 2018 and 2019 there has been a moderate decrease in the number of attacks targeted at India
 "India making progress in cybersecurity, threats fall in 2019: Kaspersky")
Apollo Hospitals expects tax exemption on forex earnings in the Budget
Commenting on plans to reduce promoter pledged shares, Reddy said that while they would be brought down to around 28 per cent by the end of the current quarter
 "Apollo Hospitals expects tax exemption on forex earnings in the Budget")
Energy to retail: Reliance is India's reply to Exxon, AT&T, Amazon combined
Stating that media offers unique opportunities and synergies with telco, the analyst said Reliance has the dominant OTT platforms in India with content partnerships with Disney and Viacom.
 "Energy to retail: Reliance is India's reply to Exxon, AT&T, Amazon combined")
Sanjay Kumar returns to IndiGo as Chief Strategy and Revenue Officer
Kumar had left IndiGo to join AirAsia India. He has also worked at erstwhile Sahara Airlines
 "Sanjay Kumar returns to IndiGo as Chief Strategy and Revenue Officer")
Hershey eyes bigger bite of India market with launch of global brands
This comes at a time when the firm has been struggling to turn profitable in India
 "Hershey eyes bigger bite of India market with launch of global brands")
AGR ruling to impact Voda, Airtel; banks will also be hit: Fitch Ratings
The apex court's ruling will also have significant repercussions for India's banking sector as well as the country's broader economic outlook: Fitch Ratings
 "AGR ruling to impact Voda, Airtel; banks will also be hit: Fitch Ratings")
Maruti, Hero offer huge discounts on old models as BS-VI change nears
Maruti gives 10 days for buyers to save up to Rs 89,500; those choosing Hero bikes can save Rs 10,000
 "Maruti, Hero offer huge discounts on old models as BS-VI change nears")
Indian aviation startups to pitch for support at Singapore Air Show 2020
More than 60 startups from 10 countries, including India, are scheduled to make presentations on a wide range of domains during the show
 "Indian aviation startups to pitch for support at Singapore Air Show 2020")
Oberoi Realty, US-based fund Interups to bid for cash-strapped Lavasa
During the committee of creditors (CoC) meeting held in early January, the lenders had decided to place fresh expressions of interest (EoIs) before the NCLT.
 "Oberoi Realty, US-based fund Interups to bid for cash-strapped Lavasa")
Better volumes, led by expansion, to drive JSPL's future earnings: Analysts
Analysts expect better volumes, led by expansion and operating efficiencies, to drive future earnings
 "Better volumes, led by expansion, to drive JSPL's future earnings: Analysts")
Domestic air passenger traffic grows by just 3.74% in 2019: DGCA
Grounding of Boeing 737Max aircraft and ongoing issues with AirbusA320Neo engines, too, has slowed down capacity growth
 "Domestic air passenger traffic grows by just 3.74% in 2019: DGCA")
NCLAT stays NCLT ban on ex-bankers' appointment as resolution professionals
The NCLT order had cast doubt on debt resolutions of several companies including Videocon Industries and Essar Projects, where former bank officials are working as IRPs
 "NCLAT stays NCLT ban on ex-bankers' appointment as resolution professionals")
I am going to put whatever I have in financial services, says Sachin Bansal
Flipkart co-founder says he will invest all his capital in this space; Nachiket Mor joins Navi board as director
 "I am going to put whatever I have in financial services, says Sachin Bansal")
India still fourth-most attractive market, shows PwC Global CEO survey
But confidence in global economic growth reached lowest levels since 2008 financial crash
 "India still fourth-most attractive market, shows PwC Global CEO survey")
AGR dues: Telcos dial SC again, seek change in 90-day payment deadline
The court, on October 24 last year, had ordered telecom companies to pay their licence fees and spectrum user charges within 90 days. Failure to do so could lead to contempt of court
 "AGR dues: Telcos dial SC again, seek change in 90-day payment deadline")
Aramco deal, more asset sale crucial for making RIL net-debt free: Analysts
For the December 2019 ended quarter, RIL turned free cash flow (FCF) positive, a reversal that most brokerage firms welcomed
 "Aramco deal, more asset sale crucial for making RIL net-debt free: Analysts")