Page 3320 - Company News

AGR dues: No coercive action against telcos till SC hearing, says DoT

Firms had to pay AGR dues worth Rs 1.47 trillion by Jan 23

SC stays NCLAT order dismissing RoC plea in Tata-Mistry case

On January 10, the top court stayed the NCLAT verdict restoring Mistry as executive chairman of the Tata group

Early birds bring little cheer: Key firms post sub-par pre-tax Q3 profit

Pre-tax profit growth second-lowest in seven quarters; net sales growth hits three-year low of 3.3%

Huawei exec's fate in limbo as Canada court adjourns extradition hearing

US seeks extradition of Huawei chief financial officer Meng Wanzhou, who was arrested in December 2018 during a flight stopover in Vancouver.

RBL Bank: Regaining investor confidence an uphill task post Q3 results

Analysts have slashed their earnings expectation by 12 - 15 per cent for the lender

Davos 2020: Tariff wars now the new norm, disrupting global value chains

Tariff wars are among the three serious challenges to global trade.

AirAsia money laundering case: HC asks ED to file its status report

The court directed the probe agency to file its status report in a sealed cover before the next date of hearing on May 14

ENGIE to reduce share in renewable projects, sell 74% stake to Edelweiss

The deal, expected to be closed by the first half of 2020, is estimated to help ENGIE reduce its debt by Euro 400 million

Sebi may seek forensic audit of Infosys books amid whistleblower charges

Following the whistleblower complaints that emerged last year, the regulator had initiated a probe into the matter

Higher gross margins, cost control initiatives aid Westlife's profitability

Despite a high base of last year, the company was able to post a same-store sales growth of 9.2%. The metric a year ago was 14.7%

Scooter-sharing start-up Bounce plans expansion, eyes global foray

It is now in Bengaluru and Hyderabad, besides six smaller cities, including Mangaluru and Vijayawada. It now aims to enter Maharashtra, Gujarat, Rajasthan and the NCR

Coffee Day Enterprises to sell brokerage business to Shriram Trust

Shriram Ownership Trust is the promoter of Shriram Capital, which is the holding company for its NBFC and insurance businesses.

Softbank India head Manoj Kohli's journey from 'Mr Dependable' to rainmaker

After a five-year stint as executive chairman of SB Energy, Manoj Kohli will be SoftBank boss Masayoshi Son's rainmaker

Hyderabad-bound IndiGo flight makes emergency landing due to engine glitch

The flight, however, landed safely, the source said. An IndiGo spokesperson confirmed the mid-air incident and said the glitch-hit plane has been grounded for inspection

Singapore Airlines considers adding more Boeing planes in India

Vistara, Singapore Air's Indian joint venture, is considering ordering more 787 Dreamliner jets - whose sticker prices start at about $250 million each

Honda celebrates 20 years of Activa scooter with the 'power of six'

Honda turns up the lights for its flagship two-wheeler brand as it completes two decades on the road

GoAir cuts flights amid grounding of Airbus A320Neo planes, engine woes

The airline said it has been forced to ''temporarily suspend certain flights that are part of its network'

PE, VC investments in India grew 28% to $48 billion in 2019, says EY data

Buyouts recorded the largest increase of 56 per cent in terms of value ($16.2 billion in 2019 against $10.4 billion in 2018)

India's ad market likely to grow 10.9%, says Dentsu Aegis Network

Digital ads will constitute 23% of this market, it said, with its size estimated to be Rs 17,469 crore for 2020

Oil marketing companies to take on RIL with e-discounts, cashbacks

Indian Oil is offering a cashback of 10%, or up to Rs 50, for every transaction