Page 3515 - Company News

Airtel to pick up 26% stake in clean energy startup AMPSolar for Rs 8.4 cr

Apart from equity, Airtel will also subscribe to 83,160 CCDs of Rs 1,000 each amounting to Rs 8.31 crore

Denmark-based enzyme producer Novozymes working on eco-friendly detergents

Denmark-based enzyme producer Novozymes working on eco-friendly detergents

Corporation tax rate cut to help Nalco tide over sagging alumina prices

The sobering of global alumina prices and stablisation in supplies have made it very difficult for Nalco to sustain the high profit momentum of last fiscal

Fresh graduates to spearhead HCL Technologies' cyber security push

HCL is working closely with universities in India, the US and Europe, and increasingly hiring locally

ED searches DHFL premises over exposure to firm linked to Iqbal Mirchi

Sources said the ED is examining the financial ties between the non-banking finance company and the Sunblink Developers

LIC Housing Finance reports 15% rise in its PBT at Rs 856 crore in Q2FY20

The net interest income (NII) rose 16 per cent to Rs 1,213 crore in the quarter ended September 2019 (Q2FY20) from Rs 1,047 crore in the same period last fiscal

RIL's diesel, petrol volumes grow in double digits despite slowdown

It pegged volume growth for high speed diesel (HSD) at 14-15 per cent and for petrol at 17 per cent YoY

Air India's Hyderabad MRO eyes EASA certification, says official

If any facility has EASA certification, then the airlines will have an idea about the standards of the MRO facilIity, he said

Former Jet Airways CEO Vinay Dube joins GoAir in advisory role

Dube boarded the Wadia group-promoted carrier last week, the source added

Dalmia Bharat posts Rs 36 crore consolidated profit in September quarter

The company registered a consolidated revenue of Rs 2,285 crore in the July-September period, over Rs 2,173 crore in the year-ago quarter

Q2 earnings reflect various approaches to push revenue growth of TCS, Infy

Industry experts were of the opinion that TCS' focus on large IT outsourcing contracts might be one of the reasons behind the uneven distribution of quarterly revenues

Decline in steel prices, surge in orders, bring happy times for pipe makers

Lower steel prices have helped improve margins while govt's focus on infra development for water, oil and gas has brought a surge in orders for the manufacturers

Former anti-corruption body and tax dept boss, K V Chowdary joins RIL board

In a regulatory filing, Reliance said its Board of Directors in a meeting on Friday appointed Chowdary as an Additional Director - Non Executive

Vodafone Idea lost 4.95 million subscribers in August: Trai report

BSNL and MTNL lost 0.21 million and 6,701 subscribers, respectively

Maruti Suzuki India hikes price of Eeco range due to model's upgradation

The new rates for the model are applicable from immediate effect

Protests from hotel and asset owners, mishap come in way of Oyo's dream run

Over the last three months or so, the company has been grappling with a series of protests by hotel owners, who have been alleging that the hospitality giant has not paid their dues

CCI to give e-commerce firms advisory on discounts as trader protests grow

This comes at a time when Commerce Minister Piyush Goyal has gone public on foreign majors

Reliance Industries' market valuation tops Rs 9 trillion in intra-day trade

Analysts are betting that RIL will become India's first company to touch $200 bn in market cap

Sebi tightens norms to deal with abrupt resignations of auditors

The market regulator has said that an auditor will have to provide review - limited or complete audit report - for the quarter during which it resigns

RIL rides high on Jio, retail; net profit up 18% YoY at Rs 11,262 crore

Pre-tax profit rises 14% to Rs 15,055 crore, but refining margins disappoint