Page 3484 - Company News

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.

Infosys sets up new digital innovation centre in Germany's Dusseldorf

The centre will continue to upskill and re-skill Infosys and its client employees on current and future technologies

63 Moons dues: Bombay HC stops DHFL promoters from leaving the country

63 Moons, which had subscribed to the non-convertible debentures (NCD) of DHFL, approached the court after the company failed to repay the money.

Replacement sector fails to power Exide's numbers in September quarter

Firm de-risking business model but pressure on revenue likely in the near term

DLF Q2 profit up 19% at Rs 445 cr, appoints Vivek Anand as group CFO

During the second quarter, DLF's tax outgo fell to Rs 74.21 crore from Rs 139.31 crore in the year-ago period, while its operational expenses dropped to Rs 1,827.89 crore from Rs 2,031.39 crore.

Realty stimulus: Investors must not bet on NBFCs just yet, say experts

Many non-banking housing financiers have, over the past few months, witnessed deterioration in their wholesale real-estate asset loan book, warranting higher provisioning and thereby limiting growth

Indraprastha Gas Q2 net more than doubles on lower tax rate, higher sales

IGL sells Compressed Natural Gas (CNG) to automobiles and Piped Natural Gas (PNG) to household kitchens and industries

WhatsApp Pay clearance: RBI raises data localisation concerns with NPCI

Says won't allow the services until it meets data norms

Qatar Air interested in buying stake in IndiGo, not Air India, says CEO

"No! We are not interested in Air India," Akbar Al-Baker, CEO of Qatar Airways, replied to a question on the airline's interest in Air India

DoT examines impact of SC order on AGR beyond telecom firms: Report

A DoT official privy to the development said instructions have gone to the licencing wing to carefully examine the implication of the apex court's recent ruling for all such companies

Cognizant to hire 23,000 from Indian institutes in 2020, says India CMD

India CMD Ramkumar Ramamoorthy clarified Cognizant would continue hiring, and that the earlier job-cut announcement was but a small one, considering the company had around 290,000 employees globally

IT firms may shed 5-10% mid-level workforce, focus on digital: Infy ex-CFO

On the prospects of IT services companies in 2020, he said all the global economies seem to be stable and there are no fears of recession.

Flipkart, Amazon look out! Private buyers may purchase from GeM soon

Private buyers will be able to make bulk purchases on Government e-marketplace

Irdai directs Reliance Health Insurance to stop selling new policies

The company will be merged into Reliance General

Whirlpool of India pre-tax profit grows 18% in Sep quarter to Rs 142.4 cr

The company's revenue from operations grew 18 per cent YOY to Rs 1,393.5 crore from Rs 1,811.5 crore