Page 3528 - Company News

Auto sector needs a bigger boost: Nissan's new COO Ashwani Gupta

Those who worked with Gupta recall that his success at the top becomes evident as he prefers to lead from the front.

Lamborghini puts retail network in top gear with Huracan Evo Spyder

Last year, Lamborghini sold around 45 cars, higher than other sports car brands such as Ferrari and Aston Martin

DMart net profit surges 48% to Rs 333 crore for September quarter

Ebitda at Rs 515 crore was also below Street estimates of Rs 527 crore.

Automotive sector becomes the new sweet spot for IT services firms

Most of the IT services players are seeing a spike in demand from the sector.

In first half of FY20, life insurers clock 35% growth in new premium

New business premium is the premium acquired from new policies in a particular time period

New registration norms by Saudi add to Morbi tile cluster's woes

The Saudi Arabian government has changed technical requirements for suppliers of ceramic tiles, forcing the units in Morbi to apply for certification for valid exports

Thomas Cook failure spurs UK to act on airlifting stranded tourists home

The UK Civil Aviation Authority was forced to begin flying more than 150,000 tourists home last month after the world's oldest travel company failed to secure investment to keep flying

General Motors appeals directly to employees as strike losses pile up

The UAW strike began on Sept. 16, with the union's 48,000 members at GM seeking higher pay, greater job security, a bigger share of profit and protection of healthcare benefits

ED attaches Bhushan Steel assets worth Rs 4,000 cr in bank fraud probe

Land, building, plant and machinery of the firm in Odisha attached under PMLA; more likely to be seized

Paytm goes for internal restructuring, plans to hire more seniors

Paytm is building advertising and cloud offerings for Indian businesses, and is planning to bring in more senior hires to expand these verticals over the next few months

Festive offer: Star to Zee TV, broadcasters cut a-la-carte channel prices

The move by these broadcasters came close on the heels of the Telecom Regulatory Authority of India announcing a review of its earlier tariff order, announced six months ago

Infosys results relief after TCS downer; Q2 profit up 5.8% sequentially

Improvement in operating margins and a healthy deal pipeline were other positives for Infosys in the quarter

Ranbaxy ex-promoters Malvinder, Shivinder sent to four-day police custody

Lower court says custody of five necessary to trace the trail of the cheated amount, find out role of other people

Wall Street rallies on US-China trade deal hopes; Apple hits record high

Shares of Apple Inc hit a record high and were the biggest boost to the S&P 500 and Nasdaq, while the technology sector was headed for its best day in five weeks

Renault ousts CEO Bollore in abrupt shake-up, appoints interim leader

Renault, along with alliance partner Nissan, is still reeling from the arrest in Tokyo last year of former boss Carlos Ghosn on allegations of financial misconduct.

Hindon Airport begins operations: First commercial flight is to Pithoragarh

The fare from Pithoragarh to Hindon per passenger is Rs 2,470 while the return flight will cost Rs 2,270

Yes Bank files complaint against 'fake news', attempt to scare depositors

Yes Bank seeks multi-disciplinary team of experts for detecting the origin of the fake news.

Focus on self-regulation at meet to discuss digital content players

In January, OTT players had agreed to a 'code of best practices for online curated content providers'. The code was criticised for being very vague at the time

Unlisted companies are NHAI's new major infrastructure developers

The new set is a mixed bag of great execution and stretched working capital cycles

GoAir invites bids from Airbus and Boeing for planes, plans expansion

GoAir has 144 Airbus A320neo aircraft on order, which were booked in two tranches in 2011 and 2016. Currently, its fleet includes 37 A320neo aircraft and the rest consists of conventional A320s