Page 3377 - Company News

RIL mounts counter to govt petition seeking to block its $15 bn Aramco deal

RIL maintained that except as quantified by the tribunal, no amount can be said to be payable at this stage

Registering a company? Starting a business gets just a little bit easier

Experts suggested the MCA give access to the data and documents filed by companies to banks

Mall developers, investors look to double retail spaces in next two years

Mall developers such as Prestige and VRSA are developing malls as not just malls but experience centres for shoppers

$80-bn IT sector contracts up for rebid in 2020; TCS, HCL may clinch deals

Large Indian information technology firms may steal a march over global peers to clinch deals

Kent RO plans Rs 150 crore investment to set up a manufacturing unit

The company, which has recently brought to the market a zero water wastage purifier, is looking at add capacity of 4 lakh units annually through its third unit

Consumer durables report steady growth in 2019; slowdown a threat in 2020

The consumer durables sector, estimated to be around Rs 76,400 crore in FY'19, logged a growth rate of about 10 per cent, largely helped by long and harsh summer

Johnson & Johnson wins 4th verdict in a row, cleared in US baby powder case

The jury carefully considered the decades of independent clinical evidence, which show Johnson's Baby Powder is safe, does not contain asbestos, and does not cause cancer, it added.

Reliance-BP petrol pumps to dent PSU market share: Morgan Stanley

Reliance and BP last week announced further details of their retail fuel partnership, in which the British firm has taken 49 per cent stake for USD 1 billion

Puravankara to build luxury housing in three cities, to invest Rs 850 cr

In these three housing projects, Puravankara would develop a total of 1,460 units with a built up area of 2.2 million sq ft and an estimated cost of around Rs 850 crore.

IBC to Central GST Act, 10 laws that changed the way India does business

IBC is considered one of the biggest success stories in the government's efforts to de-clog the economic system from ill-effects of stressed assets

IndiGo may have to replace more engines as govt intensifies scrutiny

The increased scrutiny will add further pressure on IndiGo, which has been prohibited from adding new routes or flights until it replaces all faulty engines

Lemon Tree's new acquisitions in India and abroad help post strong growth

Among the triggers expected to boost sales are demand uptick and room additions

Soap operas have lost their appeal in India: ShortsTV CEO Carter Pilcher

India's creative community is well positioned to work internationally, Pilcher tells Shubhomoy Sikdar

Fintech brands Nexus, EZETAP map customer experience, set the tone for 2020

Using proprietary models, AI, mixed reality solutions and a suite of products and services that cater to the unique needs of target audiences

On the fast track: Accor Hotels' growth comes on the back of bottom-up push

Spurring the growth is an early joint venture that Accor forged with Interglobe Enterprises, the parent company of aviation carrier Indigo Airlines, in 2008, and has since launched 17 Ibis hotels toge

EIB chief slams automakers, executives for slow response to climate change

The comments come as Hoyer's native Germany, Europe's largest economy, is experiencing a steep manufacturing slump driven by trade tensions, weak global growth and Brexit uncertainty.

IL&FS group gets approval to sell stake in Mangalore SEZ at fair value

IL&FS is expected to assess the fair market value of its stake in the JV and execute the sale at an appropriate price

Uber developing India as main engineering hub, to increase tech staff

Indian engineers are working on maps, matching riders and data models used by Uber globally

BS-VI effect: Sales of passenger vehicles may rise in Dec, say auto firms

A nationwide & compulsory switch to BS-VI is due from April 1, 2020

Roseate Hotels opens its first co-working centre in Aerocity, has 100 desks

"It is an innovative concept and will encourage more hotels to follow suit. It is a great space for entrepreneurs and will have a multiplier effect for startups," Kant said.