Page 3338 - Company News

CA held, accused of playing key role in theft of PF funds at state-run firm

The funds were channelised in installments through 28 brokerage or bogus firms allegedly in connivance with the officials managing the two UPPCL PF trusts

ED attaches assets worth Rs 204 cr of ex-Bhushan Power CMD Singhal

Singal is at present in judicial custody after the ED arrested him in November last year

Air India to cancel Indore-Dubai flight for 3 months from February

The national carrier operates from Indore a daily non-stop service to Dubai and back

To boost production, Toyota puts billions into US plants post shift to SUVs

The investment in Princeton boosts the plant's annual capacity by almost 10% to 420,000 vehicles and focuses production on the conventional mid-size Highlander and a gas-electric hybrid version

GMR to develop, operate & manage duty-free outlets at Kannur Airport

Under the concession agreement, GAL would design, finance and operate the Duty-Free shops at Kannur International Airport for a period of 7 years, which is extendable by 3 more years

Disney drops Fox from names of studios it bought from Rupert Murdoch

The name change means consumers won't mistakenly connect the Disney-owned studio with Rupert Murdoch's polarising Fox News

Boeing's woes continue as software flaw to further delay 737 Max's return

The 737 Max is costing the plane-maker billions of dollars in losses. The software problem was discovered during the final validation review process of the updates being installed on the plane

ED attaches assets worth Rs 204 cr of ex-Bhushan Power CMD Sanjay Singal

The Enforcement Directorate had on Friday filed a charge sheet against Singal and others before a special Prevention of Money Laundering Act (PMLA) court here.

Facebook must disclose app records for Massachusetts probe, judge rules

Cambridge's clients had included U.S. President Donald Trump's 2016 election campaign

Jobs to foreign investment: What happens if Voda Idea shuts shop

The closure would mean severe job losses - in a market where job creation is becoming an issue

After SC rejects AGR plea, telcos brainstorm on paying up to 20% dues

Industry plans to again ask telecom department for staggered payment option

Alphabet hits a milestone, joins Apple and Microsoft in the $1 trn club

With the gain, Alphabet became the newest member of an elite club to trade with the historic 13-digit market capitalisation

Reliance Jio EBIT jumps 60% in Q3, operating revenue rises 28.3%

Jio's subscriber base as on December 31 was 370 million, which shows a 32.1 per cent YoY growth

Vodafone Idea's ability to compete in Indian market may weaken: Moody's

The Supreme Court on Thursday dismissed review petitions of top telecom firms including Bharti Airtel and Vodafone Idea seeking review of its earlier order asking them to pay Rs 1.47 trillion

AGR verdict aftermath: MFs, PFs brace for storm over Vodafone Idea debt

MFs have already started to mark-down their debt exposure following S's decision to reject review plea of the telecom companies on AGR dues

Over 119 billionaires to attend Davos, India's contingent to be 2nd largest

India's contingent of 10-figure attendees is second only to the US, which has 33 heading to the World Economic Forum

Better consumption brightens growth prospects of gas utility companies

Fertiliser and city gas segments set to fuel growth; power demand may revive soon

Power Finance Corporation raises $750 million through overseas bonds

This is PFC's third international bond issuance in FY20 as well as the largest bond in a single tranche

Millennials go beyond London, New York for luxury realty shopping

Young HNIs are buying properties in foreign locations like Malta, Madrid, and Budapest

Amazon plans to create one million new jobs in India by 2025: Jeff Bezos

Hiring talent would fill roles across Amazon in India, including software development engineering, cloud computing, content creation, and customer support