Page 3385 - Company News

Apple has secret team working on satellites to beam data to devices

Apple's work on communications satellites and next-generation wireless technology means the aim is likely to beam data to a user's device

Zero-debt plan of RIL may hit legal roadblock as HC asks to disclose assets

Delhi HC order in PMT arbitration matter could delay stake sale to Aramco

India Inc emphasises on exports of local goods for becoming $5 trn economy

The executives stressed on the need for Indian manufacturing to become globally competitive and join global value chain as the key ingredients for becoming a $5-trillion economy

PTC Finance Services to raise Rs 580 crore via NCDs backed by SBI

The rating assignment takes into account the strong financial and credit risk profile of the issuer and partial credit enhancement by SBI

Tribhovandas Bhimji Zaveri & Sons files for bankruptcy after NCLT order

TBZSR's creditors have been asked to submit their claims to the interim resolution professional by January 3

Safety robot to baby monitor: A peek into Mercedes' futuristic cars

With the new Experimental Safety Vehicle ESF 2019, the German luxury carmaker is giving an insight into the ideas that the company's safety researchers are developing

MG Motor India starts bookings for its upcoming electric SUV ZS EV

The ZS EV can be booked for Rs 50,000 on mgmotor.co.in and select showrooms across - New Delhi, Mumbai, Ahmedabad, Bengaluru and Hyderabad, the company said in a statement

Money is needed in the hands of people to sustain demand: Harsh Singhania

India Inc is passing on the benefits of tax cuts to consumers

Delhi Metro among several orders worth Rs 1,520 cr won by KEC International

The Rs 964 cr DMRC contract is for construction of elevated viaduct along with eight stations of the Delhi Metro Phase IV project

Polyester yarnmakers set for higher profit margin on crude price recovery

After falling to $57.77 a barrel on October 2, crude oil prices bounced back to trade almost at three-month high of $67.50 a barrel on Friday

Jaypee group loses 1,000-hectare land with F1 Circuit over unpaid dues

The embattled business group defaulted on payments of over Rs 500 cr, Yamuna Expressway Authority claims

Govt taking steps to meet input challenges in steel sector: SAIL chairman

Issues include iron ore allocation, coking coal crunch and high cost of producing steel in India

Deposit rate cut beyond a point is risky, India lacks safety net: SBI chief

On rate transmission by banks, Kumar said when interest rate moves downwards then everybody starts talking and when it goes upwards nobody talks about it

Govt trying to restrain RIL from selling assets to Saudi Aramco: Report

The demand was made in an ongoing court case against Reliance Industries and British Gas, report says.

Google fined $167 million in France amid crackdown on online advertising

The French authority found Google abused its dominant position in search when it set "opaque and difficult to understand operating rules" for its Google Ads advertising platform

Disruption likely in steel industry after March as mine leases expire: SAIL

Coking coal and iron ore are the two key raw materials needed for making steel.

Uber asked to suspend service in Colombia, after setbacks in UK and Germany

Uber's app violated competition norms, says Cotech SA, a taxi-service platform.

Equity investors shrug off NCLAT's adverse judgment in Tata-Mistry case

Most key Tata stocks have gained since Wednesday's order; weakness remains in smaller stocks

Anand Mahindra to assume non-executive chairman role in M&M succession plan

On April 1, 2020, Rajesh Jejurikar will join the M&M Board as Executive Director (Auto and Farm Sectors)

Former IL&FS directors got lucrative paychecks even as firm collapsed

Arun K Saha, erstwhile joint MD & chief executive officer (CEO), took home a hefty remuneration of Rs 6.88 crore for FY19. He was also a whole-time director of the subsidiaries and group companies.