Page 3465 - Company News

Tata Motors' India operations face challenges amid slowing economy: Moody's

Moody's assigned a Ba3 rating to the proposed senior unsecured notes to be issued by Tata Motors

Cochin Shipyard Q2 net profit rises 40% to Rs 206.3 crore, income up 22%

Cochin Shipyard is one of the leading shipbuilding and repair companies in India

Ultratech to Asian Paints, 5 firms that gain from Rs 25k-cr realty package

Here are some companies that could gain from the boost to real estate sector

Creditors approve sale of IL&FS education business to Career Point

Career Point buys SIL, 78% CoC approves of the plan. Career Point will repay SIL debt and get 80% stake also

Asus's new AMD-powered devices aim to woo Indian millennial gamers

AMD India Managing Director, Sales, Vinay Sinha also pointed out that the fastest growing segments within the consumer segment are ultrathin and gaming.

'Tail fire-hit' Air India plane to undergo engine change amid AAIB probe

The aircraft has been inspected both by a team of AAIB and Air India flight safety department along with airline's engineering wing, the source said.

Infosys plans to broaden hiring on campus through technology platform

According to Infosys, InfyTQ is an extension of its 'Lex' platform, which is mainly aimed at re-skilling of its employees

Alibaba-backed EV firm XPeng raises $400 mn from Xiaomi, others for growth

The fundraising comes at what bankers and industry insiders describe as an increasingly tough financing environment for Chinese EV startups which must jostle for attention in a crowded sector

Airtel submit bids for RCom spectrum; Reliance Jio seeks deadline extension

Airtel has placed a conditional bid to buy RCom's spectrum, and Bharti Infratel has submitted bids for the Anil Ambani company's mobile towers

ONGC may take Opal out of SEZ as domestic demand for petrochemicals grows

A DTA setup enables a company to set up manufacturing units that cater to the domestic market, while an SEZ unit is meant only for exports

Natco Pharma profit before tax drops 40% in Q2 to Rs 139 cr on tepid sales

The board of directors of Natco Pharma has recommended second interim dividend of Rs 1 per equity share of Rs 2 each

Jaypee Infratech lenders to meet on Nov 18, comply with SC direction

Jaypee group firm Jaypee Infratech went into insolvency in 2017 after the National Company Law Tribunal (NCLT) admitted an application by an IDBI Bank-led consortium seeking resolution of the firm

Some e-commerce companies are indulging in predatory pricing: Piyush Goyal

Global economic outlook is facing grave challenges amidst growing protectionism and rising trade tensions, said Piyush Goyal

Accenture, SAP co-develop cloud-based solution to help utility firms

Accenture and SAP also plan to integrate data with Experience Management solutions

Adani Gas Q2 net doubles to Rs 120 cr as corporation tax cut lowers outgo

Consolidated net profit in July-September was at Rs 120.06 crore, or Rs 1.09 per share, compared with Rs 50.66 crore, or Rs 0.46 per share, profit after tax (PAT) in the same period a year back

Amway India expects health, beauty segments to boost revenue growth in 2020

Amway is investing in its online platform, which the company believes will get up to 40 to 50 per cent of sales in the coming years

Bayer makes Rs 170 crore profit in Sept quarter after merger with Monsanto

In Kharif, corn and veggies crops also helped

India Ratings cuts JSW Steel outlook, says liquidity will rise in FY20

The company has also deferred capex at its Baytown facility in the US by around USD 240 million of the announced USD 500 million.

UltraTech to sell stake in Bangladesh-based units to HeidelbergCement

UltraTech Cement had a revenue of Rs 35,703.50 crore in 2018-19 financial year

Tamilnad Mercantile Bank net grows 141% in April-September to Rs 62.74 cr

The bank's gross non-performing assets during the first six months of the year stood at Rs 1346.65 crore, or 4.91 per cent of its gross advances