Page 3364 - Company News

BPCL, Air India, Concor divestments unlikely by March-end: Govt official

Govt has so far raised Rs 17,364 crore through stake sale against Rs 1.05 trillion target

Cyrus Mistry actions hurt Tata group interests, Tata Sons tells SC

In restoring Cyrus Mistry, NCLAT failed to consider the implications of the order, Tata Sons said in their appeal

AGR dues: DoT's total demand from non-telcos twice that from telcos

DoT had previously sought Rs 1.72 trillion from India's largest natural gas marketer, GAIL, and another Rs 1.25 trillion from PowerGrid

Steel companies ramp up iron ore buying on fear of supply disruptions

Almost all leading integrated steel makers and secondary producers have intensified iron ore sourcing to avert raw material crunch and ensure uninterrupted plant operations

Bosch likely to cut around 2,000 jobs in India amid auto sales slump

Carmakers will shed 80,000 jobs across the world in the coming years

Hindustan Aeronautics, Wipro 3D join hands for 3D printing in aerospace

The companies hope the initiative will bring metal 3D printing into the mainstream of Indian aerospace

Tata Power stock hit by concerns over tariff hike at Mundra plant

While issues regarding tariff of Mundra plant and elevated debt are on the path of resolution, winning of electricity distribution licences in Odisha offers comfort

Subscriptions likely to brighten Sun TV's prospects amid economic slowdown

Investors should await ad revenue growth revival before tuning in

Operating profitability the Achilles' heel for GIC; stock rises 8%

Bringing down combined ratio to below 100 a tough task

Cyrus Mistry case: Tata Trusts nominees did not exceed their brief, SC told

The Tata Trusts holds 66 per cent stake in Tata Sons - the holding company of Tata Group companies - and Ratan Tata is the chairman of the Trusts

Chipset maker Qualcomm gets ready for major 5G play in Indian markets

Qualcomm has lined up a series of chipsets ready for 5G and 4G as over the next year, in addition to the ones launched.

Smartphone sales in India likely to surge 14% in 2020, says analyst

The inability of top smartphone players to lure feature phone users to upgrade to smartphones is a key factor.

MTNL starts process to monetise assets worth Rs 23,000 cr through DIPAM

The company has received interest from 14,387 employees for the voluntary retirement scheme which Kumar expects will result in annual savings of Rs 1,700 crore for MTNL

NCLAT adjourns RoC plea on Tata Sons-Cyrus Mistry case till January 3

A 2-member bench headed by Justice S J Mukhopadhaya asked the Ministry of Corporate Affairs to submit details of the definition of private and public companies under the rules of the Companies Act

Coal India posts first decline in annual shipments in at least six years

Shipments fell 3.8 per cent in 2019 from a year ago to 580.8 million tonnes, according to Bloomberg calculations based on data from the state-run company dating back to 2013

Long-term outlook of Indian market remains positive: JCB India MD & CEO

Despite witnessing demand compression in 2019, JCB India has decided to go ahead with its Rs 650-crore new facility

Auto industry yet to submit study to Niti Aayog on EV transition

Tata Sons Chairman N Chandrasekaran had also stated that migration to EVs needs to be planned to ensure that the entire ecosystem is ready through a multi-year road map.

TRAI starts consultation on traffic management, new body for net neutrality

The consultation paper issued by TRAI on Thursday discusses various challenges in measurement of internet traffic and compilation of reasonable traffic management practices

Apollo Hospitals to bring down promoter-pledged shares to 25-30%

The acquisition of shares by HDFC is expected to be completed by January 9, 2020, said AHEL

Hero MotoCorp to Bajaj Auto, two-wheeler makers end 2019 on a bleak note

Auto companies in India count deliveries to dealers as sales.