Page 3523 - Company News

Warehousing space saw investments of Rs 3,500 cr since GST rollout: CBRE

CBRE said demand for warehousing will strengthen and estimated that leasing will be about 10-15 per cent higher this year at 25-30 million sq ft compared to last year

HSBC to lay off staff as part of cost-cutting drive

HSBC has improved its position in the league market tables, climbing to sixth spot this year. In 2019, HSBC has been involved in a couple of secondary sales and the successful IPO of Embassy REITs

Air India becomes the first to use Taxibot on commercial Airbus flight

Taxibot is a robot-used aircraft tractor for taxiing an aircraft from parking bay to runway and vice versa

S&P downgrades Jain Irrigation to 'D' on missed principal payments

S&P said there was a high likelihood that the company would be classified as a nonperforming asset by its relationship bankers

Truck market: Amid falling sales, mileage, ownership cost claims reign

Sales of Mahindra's heavy trucks dropped to 3,427 units in the eight months from April to September

UPL ordered to pay $31 mn to US-based AgroFresh in patent infringement case

UPL said in a statement it's disappointed in the verdict and will appeal

Total SA to buy 37.4% stake in Adani Gas for nearly Rs 5,700 crore

The deal will be the largest foreign direct investment in India's city gas distribution

HCL's Nadar tops FY19 Hurun philanthropy list with Rs 826-cr contribution

Azim Premji was second on the list, while Mukesh Ambani came third

Moody's downgrades Indiabulls to B2 on fund raising challenge, governance

Rating agency says continued decline in on-balance sheet loans is a reflection of its funding challenges

Indian pharmaceutical companies spread business to avoid regulatory ire

Increased USFDA import alerts could be reason for finding alternative sites

Tata Sons plans to reduce debt, step up investments with TCS dividend

Tata Sons is planning to invest Rs 580 crore more in Tata Realty and Infrastructure by March 2020

HUL Q2 net profit grows 21.2% to Rs 1,848 crore, beats estimates

This is the third straight quarter when HUL posted single-digit volume growth

Spectrum price reform in the works: Telecom minister Ravi Shankar Prasad

Telecom operators, battling financial stress, have for long voiced their protest against high base price of 5G spectrum

Bharat Diamond Bourse may allow trade in lab-grown stones in three months

Bourse has to ensure lab-grown and natural diamonds don't mix and a proper process of segregating the two varieites using firewalls is established

Miners restore a part of rough diamond supply on hopes of festive demand

Industry banking on 60-day festival sales that start with Diwali and encompass Christmas, New Year and Chinese New Year

UTI MF opposes 42% haircut for IL&FS entity, challenges its 'amber' status

Fund house says proposal completely ignores sponsor undertaking and differentiation between secured and unsecured lenders

Mobiles with NavIC navigation system to be available by first half of 2020

The initiative will help accelerate the adoption of NavIC and enhance the geolocation capabilities of mobile, automotive and the Internet of Things (IoT) solutions in the region

China's Huawei says it's open to 'no backdoor' agreement with India

Huawei is closely engaging with India to clarify its stand on 5G solutions, says company CEO.

Entry of Adani Wilmar intensifies competition in ready-to-cook segment

Edible oil company Adani Wilmar recently threw its hat into the ring with a handful of ready-to-cook khichdi variants

Fresh initiatives and business mix shift positives for Bharat Forge stock

Near-term challenges on CVs, oil and gas will keep stock under pressure