Page 3464 - Company News

Tata Motors global wholesale volume skids 19% to 89,108 units in October

Global wholesales of JLR stood at 47,278 units. Jaguar wholesale units for the month were 12,367 vehicles, while Land Rover wholesales stood at 34,911 units.

CG Power enters into inter-creditor pact, calls off merger with subsidiary

CG Power has asked firms linked to promoter Gautam Thapar to return Rs 3,300 crore

Govt's Rs 25,000-cr realty fund may see some 'structural challenges'

A chief executive of PE fund who did not want to be quoted said it would take six to eight months to close the fund and start disbursing

Aurobindo consolidated Q2 profit before tax up 5.9% at Rs 904 crore

Gross profit margin slipped to 20.8% during the quarter under review from 21.6% in the year-ago previous quarter owing to higher expenditure, which grew by 19%

Adani Enterprises posts Rs 75 cr Q2 loss as group firm writes off Rs 130 cr

The flagship company of Adani Group had seen a profit before tax of Rs 29 lakh in the corresponding quarter of previous fiscal 2018-19

Eveready profit before tax drops 35.65% to Rs 20.79 crore in Sept quarter

Net profit dropped 27 per cent to Rs 18.11 crore

After returning to growth in Sep quarter, Vodafone ups earnings guidance

Chief Executive Nick Read said he was pleased at the speed with which he was executing his plan.

JLR October sales decline 5.5% to 41,866 units compared to year-ago period

Sales of Jaguar brand were at 10,606 units during the month, down 22.9 per cent from October 2018, Tata Motors said in a statement.

Uber gives another push to its India plans with Rs 1,767-cr investment

Says it is the biggest tranche of capital infusion to Uber India by parent company

Lodha group arranges $325 mn to repay bonds maturing in March 2020

It has a total debt of over Rs 19,000 cr, of which Rs 17,000 cr is from India business and rest from London market, but Lodha exuded confidence that it would become net debt free in the next 2 years

Huawei to spend $285 mn on bonus to employees for coping with US sanctions

Huawei's 180,000-member workforce also will receive an extra month's salary

Bharti Airtel bids for RCom spectrum, Jio seeks deadline extension

It is believed that apart from Bharti Airtel and Bharti Infratel, there are four players that have made a bid

Vodafone CEO says India venture is at risk of collapse after AGR ruling

Vodafone Group CEO wants a two-year delay on spectrum payments and lower license fees

Retail's tech backbone: India-built software drives likes of Walmart, Tesco

Walmart Labs has about 3700 people in India and most of them are based in Bengaluru

Moody's lowers Macrotech Developers' rating again, this time to Caa1

The earlier B3 rating was itself a downgrade, by Moody's this August, and indicating hightened credit risk

Premium realty players flock to affordable housing as prices rationalise

Brigade Group, which has built luxury homes and villas, announced its entry into affordable housing last year

Indian Hotels margins have room for expansion with better cost optimisation

Cut in GST rate to 18% from 28% will help sector, says company

Good days for Britannia Industries amid a slowing consumption environment

Growth in sales driven by better product mix and price hikes

Share of digital in our revenues will grow to 20% in 5 years: Viacom18 MD

'We don't want further changes to the new tariff order', said Sudhanshu Vats

Tata Motors gross leverage ratio hits 9-year high on Jaguar-Land Rover woes

Tata Motors' net worth down 45% during the first half of FY20