Page 3504 - Company News

Tata Sons stake in Tata Motors to rise to 43.73% post preferential issue

Tata Motors group has a net debt of Rs 50,000 crore out of which Tata Motors Ltd alone account for Rs 20,000 crore.

Apple launches AirPods Pro priced at $249; to ship from October 31

The company is doubling down on its wearables and services units to boost revenue as it faced slowing iPhone sales in recent quarters

HBR's list of 10 best performing CEOs has 3 Indian-origin chief executives

On the 6th spot is Adobe CEO Shantanu Narayen, followed by MasterCard CEO Ajay Banga, ranked 7th and Microsoft chief Satya Nadella on the 9th spot

Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict

Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade

Ola in talks with Microsoft to raise $200 million in funding: Report

The discussions are at an advanced stage and likely to be closed in the next 10-15 days, the sources privy to the development said

BSE-Ebix JV gets IRDAI approval for distribution of insurance products

The JV will make use of the reach of both BSE and EbixCash, which spans over 300,000 outlets across the country

Steelmakers face debt challenges amid falling prices, slowing consumption

Domestic steel consumption in September was at its lowest since the start of the fiscal year 2019/20, according to official data

VW's electric bet in China brings global muscle to zero-emissions race

VW is leveraging its large infrastructure of suppliers, factories and workers, long a handicap to its profitability, more aggressively than rivals BMW, Renault SA, General Motors Co and Tesla

IBC resolutions exceed new time limit of 330 days prescribed by govt

In July, in a bid to expedite the resolution process, the government made amendments to the Insolvency and Bankruptcy Code (IBC) that included revising the time limit to 330 days

Whistleblower case: Infosys writes to clients as allegations reveal dissent

The letter was made public last Monday, after which Infosys' stock price was badly hit, though it has recovered a bit in the last trading session

Change engines of 16 A320Neo within 15 days or face action: DGCA to IndiGo

IndiGo has a fleet of 245 planes including 89 A320Neo aircraft

Agile, but not fragile: How business can strike the right balance

In the current market slowdown, companies can go too far in the pursuit of agility, threatening profits and operations and ultimately making themselves more fragile than they need to be

Kothavalsa Infraventure to acquire GMR Business and Consultancy

GBC holds 80.56 crore shares equivalent to 13.35 per cent shares of GMR Infrastructure, said listed entity GMR Infrastructure

Customers of Goodwin jewellery chain left high and dry as owners shut shops

The fraud comes close on the heels of the multi-crore scam at Mumbai-based PMC Bank, which has affected thousands of depositors

Lessons brands can learn from 'cool and relevant' Amitabh Bachchan

As times changed and age caught up with him, Bachchan repositioned himself as a television artiste, a doting father, a devoted husband and later as a champion of health causes

Flipkart India's losses increase 85.91% to Rs 3,836 cr; income rises 42%

Flipkart India's total income rose by 42.82 per cent to Rs 30,931 crore from Rs 21,657 crore

Deep discounting not part of ease of doing business, govt tells e-tailers

Expect no leniency on this in coming policy, say senior officials

AGR verdict: Telcos' broadband strength likely to be hit, say analysts

Bharti Infratel has already taken a hit from smaller telcos shutting shop over the past two years

Number of cases admitted under insolvency saw a rise in Sep quarter

The number of insolvency cases admitted by the bankruptcy court continued to stay elevated, with 369 companies alone admitted in the Sept quarter.

AGR verdict: Sunil Mittal approaches Prasad, others over statutory dues

Supreme Court had on October 24 upheld government contention that non-core revenue in telecoms groups should be included in adjusted gross revenue