Page 3334 - Company News

ASCI introduces guidelines for brands to claim awards, ranking in adverts

Now, brands and services need to ensure that accrediting bodies involved in disseminating or presenting awards or rankings are authentic and credible, while validating their claims in advertisement

ByteDance readying assault on Tencent Holdings' mobile gaming kingdom

The world's most valuable start-up has rapidly built a full-fledged gaming division to spearhead its maiden foray into hardcore or non-casual games

SC accepts Centre's proposal to take over management control of Unitech

The bench, also comprising Justice M R Shah, granted 2-month moratorium to the new board from any legal proceedings against the company's management.

Govt plans single-window assistance mechanism for pharma investors by March

On the sidelines of an annual event of the Indian Drug Manufacturers' Association, a senior government official said plans had been readied in this regard

Telecom dept seeks Rs 48,000 cr from Oil India in dues, firm to move TDSAT

Oil India Ltd (OIL) is the second oil and gas firm after GAIL India to have been slapped a demand notice. From gas utility GAIL, the DoT has sought Rs 1.72 trillion.

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.