Page 3441 - Company News

As Telcos prepare to hike tariffs, is the era of cheap data & calling over?

After reporting massive losses in the second quarter after an adverse Supreme Court ruling on adjusted gross revenue issue, the companies decided to increase data charges

General Atlantic names former Union Bank chief M V Nair chairman of KFin

Nair is the current chairman of TransUnion CIBIL and also an advisor to a few private equities- and venture capital-funded companies in India.

Vodafone Idea will continue to face multiple challenges despite price hike

SIM consolidation, inferior network and negative free cash flows even after hike are the key worries for the market

Bajaj Auto reports a slight dip in November sales at 403,223 units

The company had sold 406,930 units in the same month a year-ago

Brand Raymond ownership will remain with new demerged lifestyle business

The company had earlier announced the proposed demerger of its core lifestyle business into a separate entity that will be listed through mirror shareholding structure

Piramal Capital borrows Rs 1100 crore for 4 months from Barclays: Report

The rate of interest is 7.5 per cent on the four-month loan deal signed last week between Piramal Capital & Housing Finance Ltd. and the British bank

Multiples Alternate Asset wraps up first close on Fund 3 at $800 million

Company to shift focus to digital economy and financial inclusion

With billions in pockets, Amazon, Walmart run into 70 mn Indian shopkeepers

The conflict comes amid a broader global backlash against the breakneck expansion of tech firms

Xiaomi, Samsung compromise on profits in the battle for supremacy

While Xiaomi lands in the red for the first time in FY19, Samsung's profit after tax dips 59%

Car sales drop again after festive season; industry pins hope on Dec demand

Maruti Suzuki reported sales of 150,630 passenger vehicles in the domestic market in November, down 1.9 per cent over 153,539 units in the corresponding month last year

Airlines, private equity funds, HNIs warm up to Air India divestment

A Rs 30,000-crore bailout by the previous UPA government had been unable to reverse the fortunes of the carrier

MMTC signs second onion import order, to buy 11,000 tonnes from Turkey

The company had placed an order for the first consignment of 6,090 tonnes of onion from Egypt

Jaypee Infra insolvency: NBCC may offer more land to lenders in final bid

For homebuyers, NBCC is looking to reduce the deadline for completing pending flats from four years timeline proposed in the bid submitted on November 17

BMW India gets clean chit from NCLAT over dominance abuse charge

CCI has said that as BMW has a negligible share in the passenger car segment in India, hence the question of abuse of dominant position did not arise

Eureka Forbes shapes up for future, focuses on domestic operations

Data shows firm's net sales have remained stagnant in the past four years

Kochhar litigation against ICICI Bank to test corporate governance norms

Board's conduct to come under legal scrutiny

Fried and tested: Zomato takes the lead in drive for clean auto fuel

Food aggregator collecting used cooking oil from eateries to be processed into bio-diesel

Jio boxed into corner; CII, FICCI join cause to seek relief for telcos

SC on October 24 upheld the government position that non-telecom revenue should be included in calculating AGR, a percentage of which is paid to the exchequer as statutory dues

Ather Energy to set up EV, lithium-ion battery plant in Tamil Nadu

The new unit will help us meet the demand for the next few years across the country, said CEO Tarun Mehta

AGR verdict devastating, telcos on brink of financial insolvency: Voda Idea

Telco had already paid Rs 59,467 crore as spectrum fees to the govt to date