Page 3544 - Company News

Nestle India bets big on rural consumers amid a consumption slowdown

Company has set a target of 35 per cent contribution in sales from rural areas by 2022

PTC India Financial Services thermal energy exposure to go below 10%

PFS says it is shifting its focus towards renewable energy (RE), roads and transmission

Anil Ambani's RCap to exit lending business, stay focused on insurance

Anil Ambani group shareholders concerned over significant stock price erosion

Cognizant confident of growth, will hire more in India: CEO Brian Humphries

Humphries, who took over the reins of the company earlier this year, said he has spent the past few months in marathon meetings with clients and employees

Vodafone top brass seeks 2-year moratorium on deferred spectrum payment

Vodafone Group officials also met Commerce and Industry Minister Piyush Goyal during the day

Saudi Arabia assures Reliance it will supply committed crude oil in October

As part of the deal, Saudi will supply as much as 5,00,000 barrels per day of crude oil or 25 million tonnes annually to Reliance

Reliance Power plans Rs 4,000-cr capex to install FGD units across plants

As a part of its strategy to achieve clean green power, the company will focus on renewable energy projects like solar and wind

RInfra to cut its Rs 6,000 cr debt, follow capital-light model: Anil Ambani

Ambani further said the four business verticals including roads, metro, energy and airport are fully funded

Sundaram-Clayton declares October 1 as non-working day for major plants

In August, the company had announced that its major plants would work only five days in certain weeks of the month

DGCA suspends licenses of two SpiceJet pilots over technical lapses

A SpiceJet Boeing 737-800 plan made an air turn back due to pressurisation failure on June 14 this year

ICICI Prudential invests Rs 150 cr in Signature Global

The company will launch its fifth affordable housing project tomorrow, which has about 730 units, at Gurgaon in a price range Rs 16-22 lakh

ICICI Pru: Good record, growth prospects

Given its business strengths, sound financials and high growth potential, long-term investors could consider the public offer

Bills for pills: Antibiotics could be govt's next segment for price cap

Centre likely to consider rationalising trade margins

JSPL aims to reduce net debt to below Rs 30,000 cr level in next two years

JSPL chairman Naveen Jindal disclosed his plans at the company's 40th AGM in Hisar on September 27, 2019

E-commerce majors Flipkart and Amazon clock bumper sale on Day One

Flipkart saw 2x more sale; for Amazon, it was the biggest-ever in a single day

PMC Bank helped real estate developer HDIL pay off loans of other PSBs

Assisted promoters to retain control of real estate company

From Dabur India to Flipkart, companies try to wean off plastics

Dabur is working with nearly 5,000 ragpickers to collect plastic waste, besides recycling PET waste to make T-shirts and other products that can used in internal events

Festival sale: Amazon 'War Room' buzz as it makes the first move

Amazon offices in Seattle, Singapore, Europe keep a close watch on the sale

IRCTC IPO: A robust growth outlook, attractive valuations are key positives

IRCTC has had healthy revenue growth of 27.4 per cent in FY19, while the same over FY17-19 averaged 11 per cent

HDFC Capital Advisors looks to raise $1 billion in affordable housing fund

In talks with Abu Dhabi Investment Authority, NIIF