Page 3519 - Company News

ACC delivers a decent performance amid demand and liquidity challenges

The operating performance should see some benefits from decling raw material costs, however demand recovery holds key for significant upside

Fairfax offloads 4.9% stake in ICICI Lombard for Rs 2,627 crore

FAL Corporation, a subsidiary of Canada-based Fairfax, sold 22 million shares at Rs 1,178 apiece via block deals, the data provided by stock exchanges showed

Mastercard says it will meet Dec-end target for data localisation in India

However, says the card payments major, restricting data flows in digital transactions will affect the quality of fraud detection and assessment

Two years later, Amtek Auto readies for its second resolution process

Three of Amtek group companies, including Castex Technologies, Amtek Ring Gears and Metalyst Forgings are each undergoing separate insolvency resolution process

Tour operators promising guaranteed departures, low cancellation charges

Your summer holiday is safe and on schedule, say travel firms

Jio says rivals fraudulently claiming IUC; asks Trai to slap penalties

In a letter to Trai, it alleged the three firms have allotted mobile numbers as customer care or helpline numbers to companies such as Oyo, Justdial, and Videocon D2H

Huawei's Q3 revenue jumps 27% despite trade tensions between US and China

The company has been granted a reprieve until November, meaning it will lose access to some technology next month

Shares of Bajaj Consumer zoom 20% after promoter sells stake

Bajaj Resources held 59.9% stake in Bajaj Consumer Care at the end of September quarter

Improving fundamentals, course correction add power to Siemens stock

Sharper business focus, relatively favourable valuations also augur well for the firm

Jio accuses Airtel, Voda-Idea of fraudulence; asks Trai to slap penalties

Bharti Airtel, however, hit back saying Jio is trying to misguide the regulator ahead the consultation on call connect charges

Sugar Free's bitter battle with online misinformation, competitive brands

To become part of the consumer's monthly shopping cart, Sugar Free has launched new formats and variants and waged war against online venom

Exide forays into commercial electronic vehicles space, launches e-rickshaw

In the next six months, Exide will be coming up with a lithium-ion variant of the same e-rickshaw which will be priced higher than the existing one

5G airwave sale should be on India-specific use cases: Vodafone Idea

Vodafone Idea Chief Technology Officer Vishant Vora said auctions should be held later rather than sooner as the industry is not in good financial health

SBI Life: Street upbeat over sturdy H1FY20; stock hits all-time high

Stock at life high with the potential for further gains after firm posts strong growth in business

Tata won't sell Jaguar Land Rover, open to adding partners: Chandrasekaran

Tata Motors bought the maker of the Jaguar XE sedan and Land Rover Discovery sport utility vehicle from Ford Motor Co. in 2008

Bajaj makes first move, brings back Chetak scooter in an electric variant

In doing so, Bajaj has become the first internal combustion engine two-wheeler company to launch an all-electric two-wheeler in India

Metro on rocky route: A Catch 22 situation for the future of urban projects

Two failed private metro operations have been taken over by the public sector, yet the private sector remains the sole engine of expansion for this mode of urban transport

India's new mobility market expected to touch $90 bn by 2030: Data

According to data, new mobility will be driven by taxi services, expected to touch $61 billion from $1.5 billion in 2018

Slowdown in real estate sector hampering screen additions for multiplexes

Multiplexes are now either expanding within existing properties or converting single screens into multiple screens through partnerships

Taxis that fly? Uber ties up with NASA to get them off the ground

The announcement comes as the Uber Elevate summit in Los Angeles brings together tech and transportation leaders to discuss the future of urban aviation.