Page 3495 - Company News

Air India stake sale: Roadshows likely soon in Singapore and London

Dipam, civil aviation ministry, EY, AI officials to conduct roadshows

Chaayos forays into Bengaluru, plans to open 15 cafes by March 2020

Currently it operates 65 cafes across Delhi, Noida, Gurgaon, Faridabad, Chandigarh and Mumbai

Eaton unveils its first aerospace manufacturing facility in India

The company is investing $10 million in this facility and expects to have hired 100 people at the plant by next year

Punit Goenka to remain Zee's MD as lenders prepare for share sale

Goenka, who is the elder son of Essel group promoter and Zee chairman Subhash Chandra, has been MD of the media firm since January 1, 2010.

Bankers expect resolution of debt-ridden DHFL to be finalised by Dec-end

The Inter-Creditor Agreement (ICA) is in place for the resolution of the account and banks are looking at it, the senior banker said.

Muted volumes in India may put Apollo Tyres' revenue growth on slow gear

The firm's supply to passenger vehicles also registered a decline of 11%

Despite global headwinds, India to see $52 bn worth of M&A deals in 2019

India M&A is expected to remain stable in the next few years

Birla Corp net profit up 450% at Rs 88 crore in September quarter

Its revenue shot up 10.9 per cent to Rs 1,647 crore.

Google Pixel's brings smooth display, camera improvements in its Nov update

It is not clear if this update also takes care of the possible battery drain with the higher refresh rate. Users have reported that the update brings unspecified camera improvements.

Birla Corp contests UltraTech's copyright violation claim over use of name

Its argument is based on the grounds that the use of the word 'Ultra' is neither a copyright violation, nor does UltraTech have exclusive rights over the word under dispute

IndiGo to announce strategic deal with Qatar Airways, shares up around 2%

IndiGo, which has about 40% share of the domestic Indian market, is planning an aggressive push into more international destinations

Strike at Honda Manesar plant to protest sacking of contractual workers

HMSI Employee Union leaders alleged that the company has reduced production of the facility by 50% and is in the process of retrenching more contractual workers

Infosys fires non-performing techies, denies reports of massive layoffs

Unlike other firms the world over, the $11-billion Infosys gives its non-performing techies sufficient time to shape up before being asked to go.

Max India gets nod to merge Max Healthcare, demerge residual business

The company said 99.21% of the public shareholders voted in favour of the proposed composite scheme

Did not know about loans to HDIL, says PMC Bank director in bail plea

PMC Bank director Surjit Singh Narang has filed an anticipatory bail application before additional sessions judge S T Soor

MIAL stake buy: Adani Group seeks Bombay HC nod to close Bidvest deal

According to the agreement, the final payment and transfer of shares was September 30 which was later extended twice by consent to November 7

Festive-season sales: Realme sold 5.2 mn smartphones to be among top 4

Realme was also among the fastest growing smartphone brands shipping record volumes in the third quarter (Q3) of 2019, according to Counterpoint Research's latest report.

Consumption slowdown hits Dabur India profitability, PBT down 2.5% in Q2

The firm's PBT declined from Rs 473.7 crore last year to Rs 461.8 crore.

Samsung Galaxy S11 may have upgraded second-generation 108 MP sensor

Back in August, South Korean tech giant announced the world's first 108MP camera sensor.

Jindal Steel posts consolidated net loss of Rs 399.31 cr in Sep quarter

JSPL, on a consolidated level, produced 1.99 million tonnes of steel and related products and sold 1.82 million tonnes.