Page 3432 - Company News

RBI's monetary policy spells more trouble for India Inc's earnings

In the absence of near-term government stimulus, markets may remain range-bound until Budget

Allcargo Logistics enters express segment with Rs 450-crore Gati stake buy

The company has already chalked out a plan to become a majority stakeholder in the express business

Odisha Slurry Pipeline bidding hots up as Thriveni offers Rs 4,000 crore

The 253-km slurry pipeline that the companies are vying for is critical to Essar Steel

Nestle India prepares the ground as HUL-GSK Consumer merger nears

Relaunch of health food drink Milo receives positive feedback; more variants likely

Reliance Jio's All-in-One prepaid plans: Find all tariff details here

Jio's Rs 149 plan with 1.5 GB data will cost Rs 199 and 3-month plan with the same data limit will cost Rs 555, a jump of 39%

RBSA Advisors, Deloitte transaction advisors in NEEPCO, THDCIL stake sale

The government plans to complete the two sale deals before March 2020 in order to meet its Rs 1,05,000-crore disinvestment target

DP World acquires Singapore's marine logistics provider Feedertech Group

The transaction is expected to close in the first quarter of 2020.

Mark Wiseman likely to leave BlackRock over alleged policy violation

Wiseman was one of several people tipped as Larry Fink's possible successors

Govt moves NCLAT against NCLT order making MCA party in all IBC cases

The appellate tribunal is expected to hear the case on Friday

RIL has more legs to run even after hitting Rs 10 trn in market cap

Brokerages expect the stock to gain by as much as 29 per cent from current levels

Greaves Cotton completes Ampere Vehicles acquisition via secondary purchase

Takes absolute control as promoter Hemalatha Annamalai makes an exit

Nalco JV KABIL begins hunt for lithium in Latin America, eyes acquisition

The firm is mandated to scout for and secure 12 mineral assets in which the country lacks ample reserves and has to bank on imports

Walmart's Flipkart invests in Shadowfax as part of $60 mn funding round

A logistics firm, Shadowfax will use the funding to increase the number of shipments to 100 million a month and expand its geographical presence to 1,000 Indian cities

Qualcomm working with Jio, Flipkart, Amazon India to offer new 5G services

The chipmaker also highlighted the need for markets like India to put conditions in place for speedy deployment of the fifth-generation services

As Sundar Pichai becomes Alphabet chief, founders get $2-bn retirement gift

The Google co-founders added more than $1 billion each to their net worth as the firm's shares rose 1.9 per cent in New York

Amazon faces widening US antitrust scrutiny, cloud business also under lens

The outreach by the FTC signals that the agency is taking a broader look at the company to determine whether it could be violating antitrust laws and harming competition

Luxe upgrade: JLR drives in new sedan XE with price tag starting Rs 4.94 mn

Available in the S and SE trims, the new Jaguar XE is offered with turbocharged petrol and diesel powertrain options

Concerns over Pratt and Whitney engines sees IndiGo cut capacity forecast

The previous forecast was 22 per cent for the third quarter of FY20 and 25 per cent for FY20

Airtel board clears $3-bn fundraising via QIP, other means, to pay AGR dues

The company has clarified that apart from $2 billion through QIP, the overall issuance for now shall be up to $1 billion, making it a total of $3-billion fund raising

Jio follows Voda Idea, Airtel in raising tariff; rates to begin at Rs 199

Jio's new tariff plans have been kept at a differential of Rs 50 from most of the incumbents' tariff plans, effectively keeping Jio's plans almost 25 per cent cheaper