Page 3478 - Company News

IT results mixed bag, but hiring remains robust in September quarter

Revival of spending by BFS & retail clients may take some more time

Delivery staff are among the worst affected by rising Delhi's air pollution

The delivery staff who drop off packages for online retail giants or food or ferry passengers around the city in their taxis are among the worst affected by the capital's foul air

Shree Renuka Sugars posts net profit of Rs 2,739.6 crore for Sept quarter

On standalone basis, there was net loss of Rs 36 crore in September quarter this year, compared to Rs 275.10 crore a year ago.

5G gambit: Cisco focuses on telecom segment, sees big opportunity in India

By some estimates, setting up 5G networks would require $70 billion worth of investments in India.

Glenmark Pharmaceuticals recalls over 200,000 cartons of product in US

The company's US-based arm is recalling the lots of the product used for providing relief from menopause symptom

How govt's new AI-based system can help cos save non-compliance costs, time

Currently, all forms and documents are electronically filed with the MCA

DoT asks BSNL to ensure continuity as VRS roll out may cut staff by half

At present, various options are being discussed for the transition period

DLF April-September sales bookings in H1FY20 up 16% at Rs 1,425 crore

DLF, the country's largest real estate firm in market capitalisation, had achieved sales bookings of Rs 1,225 crore in the same period a year ago

Maruti Suzuki production slashed 21% in Oct; cut for ninth month in a row

Production of mini and compact segment cars, including Alto, New WagonR, Celerio, Ignis, Swift, Baleno and Dzire stood at 85,064 units

As WeWork tries to repair its business, there's a lot of space to fill

Firm to sell assets, including event-organising app Meetup and investment in the Wing

Coke goes 'hyperlocal', plans to launch bottled water in regional markets

The move comes as India emerges the fourth-largest market for Coke's premium water brand 'smartwater', launched in 2018

McKinsey faces investigation over conduct in bankruptcy cases: Report

A division of the Justice Department, the Office of the United States Trustee, which oversees administration of bankruptcy cases, has also initiated an investigation, according to the paper

Alibaba group adds JP Morgan, Citigroup for Hong Kong November listing

The Chinese e-commerce giant plans to start taking investor orders on November 15, after its Singles' Day sale, and price the offering on November 20, the people said

Saudi Aramco targets selling 0.5% to retail investors in IPO: Sources

The Saudi oil group has not yet revealed the size of its planned IPO or what proportion of the company it will float, although sources have previously said this could be 1-2 per cent

Indiabulls Real Estate Q2 net profit jumps four-fold to Rs 301 crore

Its net profit stood at Rs 75.91 crore in the year-ago period

Yamaha's Indian arm launches two BS VI-compliant bikes, more on anvil

According to the company, all colour models of both FZ-FI and FZS-FI would be available as per BSVI norms

NTPC posts 38% rise in consolidated net profit at Rs 3,409 cr in Q2

The company had reported Rs 2,477.28 crore consolidated net profit in the corresponding quarter a year ago

ReNew Power targets $2-bn transmission projects, double-digit market share

ReNew recently started participating in transmission project tenders

Cholamandalam Financial Q2 PAT flat at Rs 325 cr despite surge in revenue

For the six-month period ending September 30, 2019 consolidated profits after tax grew to Rs 655.17 crore

Oil India Q2 net profit slips 27% to Rs 627 cr, income dips to Rs 3,481 cr

The company realised crude oil at $61.30 per barrel during the September quarter