Page 3469 - Company News

Prosus-owned OLX invests $400 million in FCG's used car business

In India, OLX and FCG have a joint venture that operates OLX CashMyCar stores across almost 17 cities

Crocin 2.0: GSK is reinventing the pain-reliever brand to keep it relevant

The British multinational adds a fresh extension to its 40-year-old flagship, hopes to leverage the brand's recall to expand its remedial reach

Novelis' strong Q2 performance saves the day for parent Hindalco

Analysts say the demand for aluminium from the US auto industry remains favourable and there are supply constraints for aluminium cans too

Lupin sells Japan arm to Unison for Rs 3,702 cr, exits generic business

The company will now focus on specialty products in Japan; it is open to inorganic opportunities, especially in India

NHPC Q2 profit rises 33% to Rs 1,457 cr on higher revenue, income grows YoY

Its consolidated net profit was Rs 1,093.22 crore in the quarter ended on September 30, 2018, a BSE filing said.

Margin gains key trigger for Motherson Sumi in Q2; stock rises over 4%

Company puts up a better-than-expected showing in Q2FY20

On customer demand, Mondelez to make smaller, less sweet, healthier snacks

In July, Mondelez launched a version of its popular Cadbury Dairy Milk with 30% less sugar in Britain, which McGrath said was selling well and was being extended into India

Saudi Aramco aims to have major presence in India, China through SABIC

Aramco also has a wholly-owned subsidiary in India called Aramco Asia India which is engaged in purchasing and other services.

With an eye on new orders, Airbus conducts A220 aircraft's demonstration

The tour, which comprised of static display of aircraft at Bengaluru airport and a demonstration flight to Delhi, was conducted on Thursday

NIIT's Rs 335 crore buyback offer to begin Nov 25, to close on Dec 6

The transaction, which closed in May, saw NIIT Ltd receiving gross proceeds of Rs 2,020.4 crore in cash

Tata Motors to raise Rs 500 cr in 3 tranches via issue of securities

The above issuance is pursuant to the approval of the resolution passed by the board at its meeting held on October 25, 2019

IOCL may import 'costly' Russian oil as it aims to diversify sources

he nation is gradually tapping new sources to hedge itself against geopolitical risks.

IOC sees diesel demand rising in 6 months as longer-than-usual monsoon ends

India's fuel demand fell to its lowest in more than two years in September, with consumption of diesel at its weakest since January 2017

MMTC floats tenders for import of 4,000 tonnes of onion to check price rise

Last week, Paswan had attributed the sharp rise in onion prices to 30-40 per cent fall in domestic production

NMDC Q2 profit grows 10% to Rs 703-cr in September quarter, expenses rise

Total income fell to Rs 2,369.30 crore during the quarter, compared with Rs 2,568.87 crore a year ago.

Tata Steel beats auto sector blues with higher sales in branded products

During April-September of FY20, Tata Steel's sales volumes in industrial products and projects moved up by eight per cent year-on-year (y-o-y)

Festive sales help passenger vehicles snap 11-month declining streak in Oct

UV launches, steep festival discounts bolster sales

SJVN's net up 45% at Rs 623 cr in September quarter on higher revenues

The company's net profit was Rs 430.21 crore in the quarter ended on September 30, 2018, SJVN said

GIC Re posts net loss of Rs 707 crore in Q2 as insurance claims rise

The company said it wrote gross premium of Rs 9,511.91 crore during the quarter, higher than Rs 8,656.75 crore a year ago period

Britannia Industries posts 32.9% increase in Q2 net profit at Rs 402.73 cr

Net sales were up 5.88 per cent to Rs 3,022.91 crore during the quarter under review as against Rs 2,854.81 crore of the corresponding quarter previous fiscal.