Page 3481 - Company News

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

Nestle India Q3 profit up 33% at Rs 595 cr on higher domestic sales growth

Nestle's total expenses were at Rs 2,572.32 crore during the quarter as against Rs 2,334.63 crore earlier, up 10.18%

11.11 UC Shopping Fest: UC Browser partners with Paytm Mall, Paytm First

On November 11, a big treasure box is up for grabs with the opportunity to win the whole 5 listed products for free.

Daimler to trim 10% management worldwide to cut cost: Sueddeutsche Zeitung

Daimler's new Chief Executive is due to give a strategy update, which could include cost measures, on Nov. 14.

OnePlus 8 Pro may sport super smooth 120Hz display, quad-camera setup

The smartphone is said to be powered by Qualcomm's upcoming Snapdragon 865 flagship chipset, coupled with at least 8GB of RAM and 128GB of internal storage.

Aurobindo Pharma USA recalls stomach ulcer drug Ranitidine over impurities

This is second city-based drug company that has initiated the voluntary recall after the FDA announced an investigation into the reported carcinogenic impurity in the drug at low levels

Allahabad Bank PBT up 15.7% at Rs 2108 cr in Q2, asset quality declines

Gross NPA ratio rises to 19.05% from 17.53% a year ago, net NPA falls to 5.98% from 7.96%

BPCL privatisation: No Cabinet decision yet on govt's disinvestment plans

It is being speculated that the Union Cabinet may take up a proposal to privatise BPCL as early as next week.