Page 3332 - Company News

Ford India launches BS-VI compliant EcoSport, price starts at Rs 8,04,000

The petrol version of the upgraded model is priced between Rs 8.04-11.43 lakh while the diesel variants are tagged between Rs 8.54- 11.58 lakh (ex-showroom Delhi).

Pharma industry considering 'ethics inspectors' to ensure better compliance

Pharma players to meet DoP to discuss suggestions around implementing ethical marketing practices code

Royal Enfield unveils 2020 Himalayan with BS-VI powertrain at Rs 186,000

The new Himalayan comes with switchable ABS feature while retaining the original features.

Federal Bank Q3 PBT up 12.6%, treats 2 HFC exposures as bad loans

It had posted a PBT of Rs 517.71 crore in quarter ended December 2018 (Q3Fy19)

MCA unearths Rs 700 cr scam in Unitech, says funds diverted to 16 shell cos

Company believed to have siphoned off huge amounts of money to various shell companies

'Very difficult' talks with US over tech tax, says France as deadline looms

The negotiating deadline coincided with a scheduled meeting on the topic at the World Economic Forum meeting in Davos from Tuesday to Friday this week.

Global corporate tax system must be overhauled, says Apple CEO Tim Cook

Cook said Apple's belief that "law should not retrofitted" was at the heart of the case and that the company had great faith in the justice system.

Tata International, Clarks Future Footwear planning to expand in India

India's footwear market was valued at Rs 47,945 crore in 2018 and is expected to grow at a CAGR of 13 per cent over the next five years

Ex-Mu Sigma executives start AI company; get $6 million from Sequoia

The firm which was in a stealth mode has also raised $6 million in seed round funding led by venture capital Sequoia India

Housing.com enters co-living biz; partners OYO, Zolo to list 500,000 beds

Housing.com, which is also backed by Softbank, Accel and SAIF Partners, has tied up with OYO Life and Zolo to promote their co-living spaces on its platform.

CCI clears Reliance's divestment of Jio telecom tower assets to Brookfield

In a tweet on Monday, the regulator said it "approves subscription of the units of Tower Infrastructure Trust by BIF IV Jarvis India Pte., British Columbia Investment Management and GIC Investors.

AGR: Voda Idea, Bharti Airtel file modification petition in Supreme Court

Tata Tele also moved the apex court seeking an extension of the deadline

Talcher fertilizer plant to start urea production in September 2023

The plant formerly owned by Fertilizer Corporation of India Ltd (FCIL) has halted production since March 1999

Hindustan Coca-Cola appoints Melvin Tan as new chief financial officer

Announcing the appointment, Ruggiero said, Tan brings in the best practices of the global Coca-Cola system, along with his strong background in accounting and financial management.

SIAM bullish on auto sector revival in 2020 after worst sales in 20 years

Another Chinese player which will be also present for the first time is MG Motors which will bring in their entire range of automobiles in the Expo.

Budget 2020: Organic food sector needs stimulus for growth, says Kesarwala

Bhalla said although people are gradually shifting towards organic foods, more steps needs to be taken in this direction in all big and small cities.

Ashok Leyland invests Rs 500 crore for BS-VI transition, new platform

M&HCV volume during 2019-20 (April to December) dropped by 36.39 per cent to 1,76,202 units as against 2,78,319 units, a year ago

Jet dents domestic air passenger traffic, growth in single-digit in 2019

In 2018, the domestic air passenger traffic grew by 18.6 per cent to 138.9 million

Samsung says may invest $500 mn to set up display factory in India

Samsung Electronics started making smartphones in Noida on the outskirts of the capital New Delhi in 2018

Amazon India to include 10,000 e-vehicles in its delivery fleet by 2025

With the introduction of electric vehicles, Amazon India aims to reduce carbon emissions and environmental impact of delivery operations