Page 3483 - Company News

China's Alibaba plans to launch $15-bn Hong Kong listing by Nov-end

The company had been working on an August listing in Hong Kong but the transaction was put on hold due to anti-government protests in the city creating financial and political uncertainty

Facebook gave Tinder special access to user data, reveals leak: Report

Access to Facebook data helped Tinder thrive, but there came a point when it inched closer to losing that access

NGC Energy to set up Rs 400 cr LPG import and storage unit at Krishnapatnam

The refrigerated terminal will have a storage capacity of 30,000 tonnes and a throughput capacity of 1.4 mn tonnes a year for servicing public sector and private sector firms in the hinterland

Former Star and Disney head Sanjay Gupta joins Google as country manager

Gupta was the managing director of Star and Disney India, and he will take up his new role early next year

Ask Almighty or Nilekani: Sebi chief on God can't change numbers remark

On Wednesday, Nilekani asserted that the company operates with the highest integrity, and that "even God can't change the numbers of this company".

PVR to foray into Sri Lanka, open theater in collaboration with Shangri La

The company has 809 screens at 171 properties in 70 cities in India.

Suzuki dials back on promise of India's auto market, and it is not alone

India's auto sector has gone into a tailspin this year as tight liquidity at shadow banks, high taxes and a weak rural economy have sapped consumers' buying power

We share your concerns over divestment: Air India chief to employees

He said it is natural that many employees would be concerned about the future in light of the disinvestment scenario as any change in ownership brings about changes in the work culture and environment

IUC row: Trai schedules open house debate for Nov 15 as telco war erupts

Typically, a telecom operator pays for completing calls made by its subscribers to a rival network.

With Oreo and Cadbury, Mondelez looks to expand the influence of its brands

The company has also sought out local and hyperlocal brands, in a bid to tap into growing consumer affinity towards such labels

DLF operating revenue falls 20% to Rs 1,716 crore in September quarter

During the quarter, it utilised Rs 1,036 crore (of the Rs 2,250 crore it had got against exercise of warrants in June) towards repayment of bank loans

Tussle between traders, FMCG firms worsens over differential pricing

Federation of All India Distributors Association steps in to lend support

Apparel industry expects uptick in exports in last two quarters

Apparel exports to the largest market US showed a steep decline of 13 per cent in April-August 2019 as compared to that in April-August 2018

Near-term margin pressure may prevail for Tata Steel

Profitability may remain subdued in December quarter, even as some benefit accrues on account of softness in raw material prices

Airbus extends lead over Boeing with 415 airplane sales in October

The European planemaker also announced on Thursday deals including 12 orders for its A330neo passenger jet from an unidentified buyer

Adani Transmission reports net profit of Rs 230.43 crore in Sept quarter

The firm's total income during the July-September 2019 quarter increased to Rs 2,638.32 crore, compared with Rs 1,462.56 crore a year ago

Kesoram prioritises tyre factory before concluding partnership

The funding for this project will be from internal accruals with inter-company deposits likely to be the preferred instrument of choice.

Kurl-on looks at acquisitions, aims to become a home furnishings company

The company plans to achieve a turnover of Rs 1,500 crore by next year

KKR targets record $15 billion for new Asia-focused buyout fund in 2020

The fund size and fundraising schedule have not yet formalised and the plan is subject to change

Reliance Industries arm increases stake in US-based SkyTran to over 17%

In October last year, Reliance Industrial Investments and Holdings Ltd, a wholly-owned subsidiary of the company, had acquired 12.7% stake in SkyTran Inc.