Page 3480 - Company News

Motorola enters multi-camera segment with triple-camera set-up in Moto G8

Motorola is expected to announce the foldable Motorola Razr device on November 13th, when it may also launch the Moto G8.

NCLT starts insolvency proceedings against Rolta India, appoints EY as RP

The tribunal has also declared moratorium, prohibiting the lenders of the company to recover any amount the period.

Honda Motors cuts outlook for annual profit, global sales to a 4-year low

The dour outlook comes at a time when Honda is struggling to shore up its automobile operations, with its profitability down more than half in the past two years

Moody's downgrades outlook on SBI, Infosys, HDFC Bank, and 11 others

Borrowing costs from overseas markets may not see substantial jump

Rs 4,100 cr UP PF scam: DHFL refers to HC order for stalled repayment

The company claims it had made provisions in cash flow for maturing fixed deposits

BPCL looks at increasing diesel exports as domestic demand declines

BPCL will soon float tenders to seek term contracts for diesel exports

Three Chinese banks sue Anil Ambani for failing to repay $680-mn loan

The Mumbai branch of Industrial & Commercial Bank of China, China Development Bank and the Export-Import Bank of China agreed to loan $925.2 million to Anil Ambani's Reliance Communications in 2012

Icra downgrades Piramal holding firm's debt rating, cites liquidity crunch

The downgrade comes at a time when group flagship Piramal Enterprises is planning a rights issue worth Rs 3,650 crore

Bharat Forge stock down 9% on muted Q2, poor commercial vehicle sales

Investors should avoid exposure with growth unlikely before FY21

Delay in shifting 200 affected families slows Navi Mumbai airport project

On August 31, the GVK group-led Navi Mumbai International Airport awarded the airport's engineering procurement and construction contract to Larsen & Toubro

CCD sees better working capital flows but no moratorium on loan repayments

In September, CDEL decided to sell the Global Village Tech Park to private equity major Blackstone and realty firm Salarpuria Sattva Group for Rs 2,700 crore

Nissan Datsun and Sunny to drive exports for Renault-Nissan's Chennai plant

Production at Renault Nissan Alliance up by 15 % on the back of rising exports

CCD promoter's death led to liquidity crisis, impacting Q2 results: Sical

The company has reported a pre-tax loss of Rs 43.19 crore for the quarter ended September 30, 2019, compared with a Rs 7.77-crore profit before tax during the same quarter last year

Moody's cuts outlook on SBI, HDFC Bank, Infosys, many other Indian firms

The rating outlooks for Bank of India, Canara Bank, Syndicate Bank and Union Bank of India are maintained at stable.

$50-bn Fiat Chrysler-Peugeot tie-up: Here are some key facts about the deal

Last month the two companies announced plans to join forces to create the world's fourth-largest automaker

M&M group net income plunges 78% to Rs 368 crore as demand slide continues

M&M Q2 consolidated net income plummets 78% to Rs 368.43 crore

Lupin's prophylaxis and chronic asthma treatment drug gets USFDA nod

The medicine is indicated for prophylaxis and treatment of chronic asthma in adults and children 12 years of age and older, it added.

India's higher diesel exports to weigh on Asia's refining margins

Diesel cracks that had strengthened in anticipation of new marine fuel norms from January 2020 have eased since the start of September

Bridgestone to merge India ops with Europe, West Asia, Africa unit in FY20

The move is aimed at unlocking untapped potential in both India and EMEA, the company said in a release

Ashok Leyland inducts Marico chief and former JCB India MD into Board

Saugata Gupta of Marico to be independent director, while Vipin Sondhi, formerly of JCB, will join Hinduja Group's leadership team