Page 3552 - Company News

Auto major Maruti Suzuki slashes prices of select car models by Rs 5000

The new prices will be applicable from today across the country

SC sets aside insolvency of Jignesh Shah's firm La-Fin Financial Services

Apex court says petition moved by IL&FS Financial Services filed after three years, falls outside limitation period

Amazon India claims top spot in mobile phone sales ahead of festive season

Amazon is a key strategic partner for Apple as well as OnePlus

Vistara signs agreement with Airbus for parts, engineering support

Under the agreement, Airbus will offer its expertise in the areas of maintenance, engineering and supply chain management

How ready is India Inc to support gig economy? Here's what a survey says

Flexibility, inclusive culture and technology will become increasingly important as the workforce moves towards the future

How Red Hat could open new doors for IBM in India's cloud market

Firm's CEO is pretty upbeat about the future of hybrid cloud - which allows companies to spread their data between private and public cloud providers and has been putting good money to build expertise

After acquisition, RPSG aims to make Nature's Basket profitable in 2 years

Loss-making stores to be shut down, even as Spencer's plans to take Nature's Basket footprint to new markets

Metal cos fear other nations will gain at their cost once India enters RCEP

As a fallout of unequal trade concessions, copper imports have already grabbed a third of domestic consumption, while aluminium imports account for 60%

NEP must partner with ed-tech start-ups to achieve desired outcomes: IAMAI

Role of ed-tech start-ups not clearly spelt out in National Education Policy draft, the association says

Saudi Arabia restores oil output to 11.3 million bpd after Aramco attacks

Crude output from the Khurais field is now at 1.3 million bpd and the Abqaiq plant is currently at about 4.9 million bpd

SpiceJet targets cargo unit IPO within 12 months amid e-commerce boom

The no-frills carrier is expanding its nascent cargo-hauling arm to fill the growing need for overnight shipping services, fueled by online retailers such as Amazon.com. and Walmart Inc.'s Flipkart

USFDA impact: DCGI asks states told to put antacids under scanner

The ranitidine market in India is roughly around Rs 700 crore, with about 180 brands

Biocon to set up R&D facility in India to boost biosimilars development

Biocon has acquired some assets from Pfizer Healthcare to set up its second R&D plant in India

HCL Technologies has scope for raising growth guidance, say experts

The current revenue growth guidance of 14-16% for FY20 is seen as conservative

Air India Asset Holdings, other PSUs line up Rs 20,000-crore bond issue

ONGC Petro Additions Ltd will issue later this week three-year three-month bond for up to Rs 500 crore

JSW Steel raises $400 mn from overseas bonds, offers a coupon rate of 5.3%

This is part of the $ 1 bn dollar money raising plan the JSW Steel board had approved earlier this year and is the second tranche, having already mopped up $ 500 million in April, the company said

Corporation tax cut: Toyota plans to bring key global suppliers to India

Toyota may set up a separate entity for electric, hybrid vehicles

Volkswagen bosses indicted for 'market manipulation' in emissions scandal

The Braunschweig prosecutors said the accused should have kept investors informed

Hope floats for Essel Group, may get more time to repay Rs 7,000 crore debt

Subhash Chandra-led group is fighting to avert a crisis as selling pressure on the Zee stock continues

IDBI Bank puts Rs 9,750-crore non-performing loans on the block

The top 10 exposure up for sale include Lanco Amarkantak (Rs 1,077 crore), Reliance Communications (Rs 721 crore), Ballarpur Industries (Rs 493 crore), Jyoti Structures (Rs 396 crore), and Unitech