Page 3535 - Company News

Infra firms stay free of note ban effect

As infrastructure, power hardly deal in cash, its paucity has failed to affect their receivables

Demonetisation lowers sales, raises textile inventories in Q3

Recovery seen in Q4, companies continue focus on enhancing cash flow

Demonetisation: Cash-carrying companies seek to double insurance coverage

For the cash in transit, covers are taken for instances like theft.

Car sales drive over note ban hurdle

Likely to touch record 3-mn mark by the end of March

YES Bank plans to raise $1 billion by December through rights issue

According to an investment banker, the bank has received interest from both global PE players and Indian family offices; potential investors may buy stake ahead of the rights issue in the open market

Embassy Parks to invest $300 mn to build warehousing, logistic projects

The company says e-commerce and third-party logistics firms are the main drivers of the demand

Cipla's unbranded drug business may take a hit in FY20, say analysts

Analysts see full recovery by Q3 as company revamps distribution network

Corporation tax cut: JSW Steel eyes special purpose vehicles for expansion

JSW Steel has a long-term goal of achieving a capacity of 40-45 mt through a mix of brownfield and greenfield projects

Domestic IT services companies increasingly absorbing staff of clients

Experts say the recent deals by TCS and Wipro will have impact on operating margin, but it will only reflect in the third quarter of this financial year

Why BPCL's strategic sale does not need a Parliamentary approval

Privatisation of BPCL will not just shake up the fuel retailing sector long dominated by state-owned firms but also help meet at least a third of the government's Rs 1.05 trillion disinvestment target

Apollo expects profit margin to increase 15% with new hospitals

It has added 13 new hospitals in the past two years, investing around Rs 2,000 crore

Facebook bets big on social videos, plans to expand its user base

FB Watch has more than 720 million visitors per month and 140 million were spending at least one minute on the service per day

Premiumisation trend to continue despite growth bumps: USL's Anand Kripalu

Be it the US or the UK, alcohol is regulated and taxed heavily in many parts of the world, but not as minutely regulated as it is in India, says Kripalu

Doesn't make sense to let go MAT credits: Vedanta's Pallavi Joshi Bakhru

Pallavi Joshi Bakhru, group head taxation, Vedanta Limited, the metals-cum-mining conglomerate, explains why some large corporate groups may not avail of the lower tax rates anytime soon

Toyota Kirloskar Motor initiates VRS for employees at Karnataka unit

Employees opting to apply for the scheme will receive a compensation package in addition to normal retirement benefits

Renault aims to double revenues from auto component exports by next year

Besides, it also aims to double sales and services network in the country in order to support new products and also its existing customers

Govt steps post-budget and festive season will boost demand: JSW Steel

Since the past few quarters, the steel sector has been hit badly due to the slowdown in real estate, auto and infrastructure sectors

Fipkart to Saffola: Big brands play by small-town rules in wooing customers

Rustic humour, large families and affordability set the advertising themes this season for brands across categories

Onida's devil ad campaign is my favourite: Harish Bijoor Consults founder

The tagline had a double meaning that was not in the face, but one that was subliminal and had cues that everyone could relate to

Reliance Jio, Vodafone Idea pay Rs 94 cr towards spectrum dues in Sept

The government, in March last year, enhanced the number of annual instalments for spectrum payment from 10 to 16 years to provide relief to the debt-laden telecom sector