Page 3529 - Company News

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

Hyundai Venue tops utility vehicle segment in May-September 2019

The company sold 42,681 units of the compact SUV during the period

Utility vehicle sales buck slowdown trend due to high discounts, launches

Overall car sales, however, dropped 22%: Siam data

Forbes India rich list 2019: Mukesh Ambani retains top spot, Adani second

Overall, the total wealth of the tycoons on the 2019 Forbes India Rich List shrank 8 per cent to $452 bn from a year ago

Infosys repays faith with stellar Q2 performance; stock gains over 4%

Valuation gap between Infy and TCS is unlikely to narrow further

Club Factory raises $100 mn in Series D, emerges third largest e-tailer

Club Factory aims to further enhance its Open Platform Strategy post this new round of funding

LIC Housing Finance raises Rs 19,000-crore through commercial papers, NCDs

The housing finance company has a strong fund-raising ability and will need to raise additional capital to meet the revised norms of the National Housing Bank

TPG stalls plan to sell 10% stake in Shriram Capital on valuations

The halt came as debt concerns spread at lenders, including Indiabulls Housing Finance and a regional bank.

Sale of SJVNL would be a loss to Himachal Pradesh, says official

As part of its disinvestment drive, the central govt was planning to sell its stake in SJVN to NTPC.

CAIT meets Amazon and Flipkart officials again, no conclusion reached

The Friday meeting comes in quick succession after one round of meetings among the same stakeholders on Thursday

Airtel shuts down 3G network in Haryana, shifts customers to 4G services

In Haryana, the company was providing 3G service in 2100 Mhz band which it will now use for 4G services.

Piramal to LIC: Indian companies complain about WhatsApp rumours, fake news

'Malicious social media campaigns' are forcing companies is forcing companies to take help from the authorities, say analysts.

Baroda AMC, BNP Paribas AMC set for merger, parent cos enter agreement

Deputy chief executive officer Anand Shah to quit BNP Paribas AMC

Auto sector needs stronger measures to boost positive sentiment: Nissan COO

Ashwani Gupta has worked with Renault, Nissan and Mitsubishi alliances for more than a decade

Religare fraud: What led to Singh brothers' arrest in the Rs 2,400-cr case

The police also arrested former Religare Finvest MD Kavi Arora, and former Religare Group CFO Anil Saxena along with former Religare MD Sunil Godhwani

Ola Electric Mobility appoints former top GM executive as board member

I look forward to working closely with the team at Ola Electric on their mission to electrify mobility at scale, for the masses," said Jaime Ardila

'Brutally unfair' that system can't protect common man's savings: Parekh

"To my mind, there is no greater cardinal sin in finance than misuse of the common man's hard earned savings"

Police produces Malvinder, Shivinder Singh in Religare case, seeks custody

RFL is a subsidiary of the REL. Shivinder and his elder brother Malvinder were earlier the promoters of REL

Ashok Kapur family backs Yes Bank management, ready to dilute stake

The present management is led by chief executive Ravneet Gill who took charge in March after Kapoor was asked to leave by January 31 by the monetary authority in August 2018

Rs 740-cr fraud: Ranbaxy ex-promoters Malvinder, Shivinder Singh arrested

The misappropriation came to light after an independent forensic audit was conducted by the new board