Page 3542 - Company News

Ford to form joint venture with Mahindra & Mahindra valued at $275 mn

The two companies have for months been negotiating the deal

LIVE: A year after bad-loan crisis, state-appointed IL&FS board takes stock

IL&FS had made a series of defaults in September 2018, triggering widespread concern of a bad debt crisis lurking in India's shadow-banking sector.

Govt to submit probe report on Indiabulls by the end of October

Indiabulls Housing Finance, Indiabulls Ventures, Indiabulls Real Estate are being probed for potential wrongdoing by the Registrar of Companies

Indiabulls seeks early hearing on fraud charges after record share slump

The development represents an effort to get out ahead of recent headlines that contributed to its share price losing an unprecedented 34% slump on Monday. Shares rebounded 5% on Tuesday

Reliance Jio announces Diwali offer: JioPhone price slashed to Rs 699

Jio is making the JioPhone available for a special price of only Rs 699. This is Rs 800 less than the current price of the JioPhone

Toyota Kirloskar sales down 17% in Sept at 10,911 units; exports up 25%

Exports in September were at 708 units as against 566 units in the year-ago month

Mahindra & Mahindra total sales down 21% to 43,343 units in September

In the domestic market, sales were down 21 per cent at 40,692 units last month as compared to 51,268 units in September 2018

Ride hailing app Uber to update terms of service in line with Indian laws

The updated terms for India indicate that the terms of use of Uber would now be applicable to Uber India Systems Private Limited, a private limited liability company established in India

Top Vodafone officials meet telecom secretary ahead of spectrum auctions

Vodafone Idea has been seeking a two-year moratorium on its annual spectrum payment citing debt and stress on balance sheet

Auto crisis: Maruti Suzuki reports 24% decline in sales in September

Domestic sales declined by 26.7 per cent at 1,12,500 units last month as against 1,53,550 units in September 2018

Margin pressure, global factors to impact copper industry's financials

LME copper prices started declining and have remained suppressed ever since the US-China trade war began

Why do credit rating agencies keep missing big Indian company defaults?

India's major rating firms include Crisil, the Indian unit of S&P Global; ICRA, the local unit of Moody's Investors Service

Single investor buying RCom would be preferred: Resolution professional

The AGM saw shareholders expressing disappointment on how their wealth got eroded because of the firm going bankrupt

From Coca-Cola to Spencer, brands hunt for the diaspora in festive pitch

Brands such as Future Group, Spencer's Retail and several others, are banking on discounts and offers.

Maruti rides on Rs 3.69 lakh S-Presso to beat slowdown, repeat Alto magic

S-Presso is the company's first launch in the entry level segment after 2010

Indiabulls Housing Finance shares fall 34% on concerns over LVB merger

The RBI placing Lakshmi Vilas Bank under PCA framework amidst the proposed merger, and litigation against the housing financier are perceived negatively by investors

Japan's drug regulator PMDA completes inspection of Lupin's Goa facility

The inspection was conducted between September 24 and 27, it added.

AirAsia India to shift operations to T1 in Mumbai from October 15

Mumbai will become AirAsia India's fourth hub in the country after Bengaluru, New Delhi and Kolkata

Paytm Mall vows big push this festive season for traditional retailers

During the festive season itself, the company says it is aiming at $300 million (Rs 2,100 crore) in GMV.

Festive sale: Tier-II, III cities drive big biz for Flipkart and Amazon

Affordability constructs were a big hit. There was over 2X adoption in the 'product exchange' construct for mobiles and laptops, according to Flipkart