Page 3336 - Company News

Frivolous litigation hurts India's image as FDI destination: Bidvest

South African group seeks Centre's help in Mumbai airport dispute

Centre considering specific excise duty on aviation fuel to curb volatility

Finance Minister Nirmala Sitharaman will present her second budget on February 1.

Trivitron Healthcare targets over Rs 1,000-crore revenue in FY22

Trivitron Healthcare currently has nine manufacturing facilities across five locations -- Chennai, Mumbai, Pune, Ankara and Helsinki

Piramal Enterprises' Rs 3,650-cr rights issue subscribed 8% ahead of close

Issue closes Tuesday; promoters confident of amassing full subscription

Budget 2020: Steel sector seeks relief in customs duty on key raw materials

Industry body said exemption available to coking coal was also removed by the government in 2014-15 Budget by bringing it at par with other types of coal and imposing 2.5 per cent basic customs duty

Hines Real Estate in talks with GIC, CapitaLand to sell Mumbai property

The property, spread over 4 acres, has a development potential of 1.3 million square feet

Takeover norms for unlisted firms may change playing field for shareholders

The provision should benefit minority shareholders as long as there is no compulsory acquisition of shares of the minority, say legal experts

Blowing the whistle: What the CCI's changed stance means for e-tailers

The Commission's latest study on the e-commerce market is almost a precursor to the Amazon-Flipkart probe order and it also sheds light on the Commission's new thought process

TCS is planning to employ 30% more fresh graduates in FY21: Milind Lakkad

After five quarters in a row of a net rise in employee number, total headcount at the Mumbai-headquartered firm fell by 4,063 to 446,675 at the end of the December quarter

NCLAT asks DLF to transfer 60,000 shares to deceased investor's legal heirs

Proof of depositing the same will be submitted to the Registrar of NCLAT within a week thereafter, the order passed on January 13 said.

Amazon-Future tie-up spans verticals, initiatives; joint marketing on cards

Amazon is also pushing its Amazon Now app aggressively to its Prime members, for which it has enlisted Big Bazaar as its delivery partner

RIL's earnings parity expected by FY22 in consumer, core business

This contributed a little less than 60% of Ebitda; analysts have also been changing their earnings estimates positively for the consumer business

Air India pilot found guilty of sexual harassment reinstated as instructor

According to a complaint filed by the woman pilot, the alleged incident took place on May 5 last year in Hyderabad, where she was being trained by Gupta.

Reliance outpaces industry in petrol, diesel sales from its outlets

LPG sales was up 37 per cent with new customers and increasing penetration in new markets

ArcelorMittal-Nippon plans to take control of captive jetty at Hazira

ArcelorMittal-Nippon Steel say that this was a captive licence for the steel plant and the captive jetty should remain with the plant

From Zolo to Nestaway, co-living brands key in the migrant millennial

Going by the recent trends, the co-living business may offer a higher rental yield, as much as 8-11 per cent said analysts

Nestle's turnaround: Steps taken after Maggi crisis seem to be paying off

Shedding the tag of being a slow mover, in the past three years Nestle has followed an aggressive launch strategy

Goa's 2nd international airport in Mopa expected to be ready in three years

Supreme Court on Thursday cleared the decks for construction of an international airport by the GMR Group at Mopa in North Goa by lifting suspension on environmental clearance granted for the project

Blocking Huawei from rolling out 5G may cause $4.7 bn loss to India by 2035

The Chinese telecom firm, however, has been allowed to participate in 5G trials in India and the Indian government has not taken any stand yet to bar the company from building 5G network.

HCL Tech bets on strong demand across sectors to continue growth momentum

The company, which posted 15.5 per cent rise in revenue in the December quarter, is also seeing strong growth in the European and US markets.