Page 3444 - Company News

Firms ask lenders to modify accelerated payment clause in loan agreements

Bankers said such rules for accelerated payments are in place to protect the interest of lenders

No automatic stay on enforcement of arbitration award if challenged: SC

Apex court strikes down Section 87 of Arbitration Act; Does not give interim relief to petitioners, HCC, Gammon India

After WhatsApp row, Google warned 500 Indians of 'govt-backed' hacking

The affected users were spread across 149 countries, and the number was similar to (up or down 10 per cent) the number of warnings sent in the same period of 2018 and 2017

Defence PSUs have orders worth Rs 2.32 trn, HAL order book at Rs 59,832 cr

Close on HAL's heels is Bharat Electronics, with orders in hand worth Rs 56,300 crore

Ashok Leyland bags order for 1,750 buses from Tamil Nadu State Transport

Ashok Leyland is currently India's largest and the world's fourth largest bus manufacturer

Jet creditors seek 90-day extension in insolvency resolution process

Synergy Group is the only interested entity shortlisted by the Resolution Professional's team to file a plan for the defunct airlines

ADB clears $250-mn loan to help EESL expand energy efficiency investments

EESL was established in 2009 as a joint venture of four public sector undertakings of the Ministry of Power to pursue large-scale energy efficiency investments

Google sued by rival company for antitrust violations in ad market

Inform Inc. alleges that Google has used its monopoly power in internet search and mobile operating systems to undermine competition in the ad market

Fuselage of new Boeing 777X aircraft ruptured in September pressure tests

The premier US aircraft manufacturer now faces fresh difficulties bringing its new line of long-haul jets to market due to the unexpected weakness in the 777X airframe

PepsiCo makes two-pronged persuasion pitch to drum up interest in Lay's

PepsiCo is following what has increasingly become the norm, using endorsers to kickstart a campaign that is taken forward by influencers on social media

Prestige stock hits 52-week high on Marriott deal, strong launch pipeline

Increase in debt in September quarter is an overhang

Specialty drugs, domestic growth prospects positives for Sun Pharma stock

While pricing pressure in the US generics is also stabilising, the specialty products that Sun Pharma has been investing in are seen as a growth driver of its US business

Apple gives in to Moscow's demand, shows annexed Crimea as Russia on apps

Russia and Apple had been in talks over the last few months, with the US giant initially trying to show Crimea as undefined territory and removing any mention of Ukraine

25 years of Mercedes-Benz's India manufacturing: Over 110,000 units sold

The company had first started assembling cars in India in 1994 with its production site located in the Tata Motors (then Telco) premises before shifting to its own unit

Textile can become a $300-bn industry by 2030, create 35 mn more jobs: CII

Synthetic fabrics and performance garments are going to be the two most promising segments: CII Tamil Nadu State Council Vice Chairman Hari Thiagarajan

DIAL, Adani among 4 bidders to clear technical criteria for Jewar airport

The financial bid will be opened on November 29 at 3 pm at NIAL's office in Greater Noida and the concessionaire for the Rs 29,560-crore project would be finalised

Trai unlikely to intervene in telecom tariffs, floor price for now: Sources

As operators have already announced that they will increase tariffs, Telecom Regulatory Authority of India will wait to see how the entire situation unfolds

Flipkart unveils smart assistant to handhold first-time e-commerce users

The platform would help Flipkart to tap consumers across tier II, III cities and beyond in rural India, as it seeks to bring the next 200 million consumers online.

Salcomp to invest Rs 1,300 cr in Nokia's defunct Chennai unit post purchase

Tamil Nadu govt officials say the plant will start operations in March and create nearly 10,000 jobs

Two-player market buzz propels Airtel m-cap to record high of Rs 2.22 trn

The company has a valuation of Rs 2.22 trillion, up from Rs 1.33 trillion a year ago