Page 3424 - Company News

Here's what social media firms require from draft Data protection Bill

What has raised eyebrows is that the Bill gives the government ultimate rights and powers to seek access to users' data to help formulate policies

Maruti Suzuki partners Federal Bank for dealer loans, automobile financing

Federal Bank MD and CEO Shyam Srinivasan said the arrangement will help the bank offer end-to-end solution for dealers and retail banking customers.

IATA revises down 2019 airline profits, stability predicted in 2020

Airline net profits are now expected to fall to $25.9 billion from $27.3 billion last year, before recovering to $29.3 billion in 2020

NCLT seeks clarity on available Jet slots from DGCA, aviation ministry

Airport slots, the permit for arrival and departure at an airport, play an important role for potential bidders to value the grounded airline

Nippon Express buys 22% stake in Future Group's logistics arm for Rs 700 cr

The two companies will jointly start the business collaboration from next January

Zydus Cadila launches cheap oral anti-diabetic tablets after patent expires

With a patient population of almost 77 million diabetics in India, access to affordable therapy is vital for the effective management of the disease, the statement said.

Walmart, Flipkart invest in Ninjacart to take on Amazon in grocery business

Flipkart is betting big on the grocery segment and is planning to scale its service across India, including tier-II and-III cities, in the next five years

ITC bets on Rs 7,400 cr frozen foods segment, eyes 20% mkt share in 3 yrs

ITC will be the third major organised player in the frozen food segment after McCain, which is mainly in the vegetarian segment and Venky's, which is in non-vegetarian

Infosys wins UN Global Climate Action Award in 'Climate Neutral Now' group

Infosys has been projected as a top employer in Australia, Japan and Singapore across the Asia-Pacific region in 2020, by the Top Employer Institute in recognition of its excellence in hiring

IndiGo's Delhi-Hyderabad flight suffers technical issue, returns to capital

Taking the precautionary message, pilot followed the laid standard operating procedure.

DCM Shriram commissions 200 kl/day capacity at Ajbapur sugar plant

Now, the total capacity of the distillery business stands at 350 kilo litres per day. It had earlier commissioned a distillery in 2017-18 at Hariawan with 150 kilo litres per day capacity.

Bayer CropScience awaits nod to launch flood-resistant rice in India

New variety already launched in Bangladesh, company hopes to introduce it in India before onset of monsoon next year

Air India seeks Rs 2,400 cr guarantee from govt to raise fresh funds

The development comes at a time when the government is in the process of finalising the contours for divestment of debt-laden Air India

Hindustan Aeronautics Ltd, trade unions agree to settle wage revision

The MoU envisages revision of wage structure with effect from January one, 2017, productivity improvement and other related matters, it said.

Organised generic drugs chain Medkart Pharmacy plans national foray

By adding over 250 stores in next three years, Medkart is looking to grow its turnover from Rs 20 crore currently to Rs 300 crore in the next three years

UP cooperative bank employees' PF trust invested Rs 21 cr in scam hit DHFL

Adityanath government to take legal action, including filing for claims with liquidator

Walmart, Flipkart jointly invest in fresh produce supply startup Ninjacart

Founded in 2015, Ninjacart moves over 1,400 tons of fresh produce per day, having doubled its volumes in the last four months, it was stated.

Alstom to double manufacturing capacity in India, increase staff to 8,000

The company complains that restrictions by JICA as part of tied loans is affecting its business opportunities

New IPO companies fare worse than index ones in corporate governance: Study

Poor governance has been a drag on returns for firms, finds study

Toyota Kirloskar Motor announces leadership changes for 2020

N Raja has now moved to Toyota Financial Services India as its MD