Page 3461 - Company News

SAIL posts Rs 342-cr Q2 loss as demand contracts, price moderates

The steel PSU had posted a standalone profit of Rs 553.69 crore in the second quarter of the previous fiscal

After biggest quarterly loss, Vodafone Idea seeks AGR relief from govt

The finance ministry won't back down from collecting the amount, which needs to be paid within three months as per the court order

India Inc: Women got only 37 out of every 100 new jobs created in FY19

They form less than ten per cent of the workforce in many companies

Moody's affirms Reliance Industries' rating with a stable outlook

The rating reflects significant improvement in RIL's scale and business mix over the past two years

Sachin Bansal puts Rs 888 cr in investment vehicle, renames it Navi Tech

Since exiting Flipkart last year, he has invested in start-ups, including Ola, Ather, Vogo, privately and through his investment vehicle BAC Acquisitions

AGR woes: Bharti Airtel, Voda Idea post a combined Rs 74,000-cr loss in Q2

Vodafone Idea and Airtel have made provisions for their liabilities arising from the Supreme Court order in their latest September quarter results

IndiGo looking at wide-body planes, 'business class' on long-haul routes

As the airline goes into wide-body planes, he said it could look at Boeing or Airbus

Merger with Vijaya, Dena more a bane than a boon for Bank of Baroda

Elevated slippages, weak asset quality and a near-stagnant loan growth don't bode well for investors

High-flying SpiceJet loses some of its speed as costs rise, yields weaken

What belied hopes of the Street was the muted increase in yields at 1.9 per cent, compared to the 3.5 per cent estimated by them

Voda CEO Nick Read spoke out about telecom mess: Why he said what he said

Read has retracted his criticism, but he was pointing out the obvious - the current pricing regime is unsustainable

BBK Group's share of India smartphone market zoomed to 42% in Sep quarter

CMR said mobile phone shipment in India is likely to touch 280 million units by the end of the year

Mahindra group going slow on niche-segment hiring as auto slowdown bites

'Fresh hiring will be limited. If a huge growth comes then we have to do a lot of hiring', the company said

PowerGrid's potential InvIT could be less than 20% of targeted size

Proceeds from this would be used to pay higher dividend, depending on the profit recognised on such sale of assets or capital expenditure layout, the company said

HUL future-proofing itself through precision skilling: CMD Sanjiv Mehta

85 experiments are under way to aid HUL's transformation into a future-ready company

NCLAT sets aside Dhanuka's resolution plan for debt-laden Orchid Pharma

NCLT had approved Dhanuka's resolution plan on June 25, 2019

Huawei likely to launch Kirin A1-powered Watch GT 2 in India next month

The chipset supports Bluetooth 5.1

Reliance Infra PBT shrinks 64% to Rs 322.28 crore in September quarter

Consolidated operating income for the September quarter rose 8% to Rs 5,622 crore from Rs 5,202 crore a year ago

Voda Idea posts Rs 50,900-cr loss in Q2, the biggest in India Inc history

Saddled with $14 billion of net debt, Vodafone Idea is fighting for survival after India's top court last month ordered it to pay additional fees the government said were due from prior years

Grasim Industries Q2 net jumps to Rs 1,473 cr on good show by subsidiaries

Grasim Industries had reported a net loss of Rs 1,319.79 crore in the September quarter a year ago

SpiceJet bets global expansion plan on early return of 737 Max aircraft

The company has accounted over Rs 170 crore as losses incurred due to the grounding during Q2, 2019-20