Page 3558 - Company News

Declining Exim traffic, lower trade growth highlight risks for Concor

Container rail traffic is also losing market share to road segment

Metro rail, defence projects may help BEML tide over slowdown blues

The metro and rail segment, which grew 45% in FY19, accounts for half the firm's order book

Viacom18's Voot to start premium subscription by the end of 2019

Voot has already crossed the 100 billion watch-minutes mark in three years, and is now targeting 100 million MAUs this financial year

Renault Nissan offers 8.33% bonus to employees, Union not pleased

Union had sought 20% bonus without ceiling and Rs 25,000 ex-gratia for FY19. Last year, bonus was 20% and Rs 10,000 ex-gratia

Renault Nissan offers 8.33% bonus to employees, union disagrees

The union is expecting to negotiate further to arrive at a final bonus amount, said sources

Auto slowdown, uncertainity forces component industry to cut down capex

The component manufacturers have found themselves fighting the downturn with lower utilisation of existing capacity

McLeod Russel moves NCLT to resume tea estate sale to help it repay dues

Tribunal had stayed the sale after a financial creditor moved Kolkata bench of NCLT to recover dues of Rs 100 cr; McLeod says sale is part of restructuring plan, will help revive company

NCLAT refuses to entertain RCom resolution professional, sends him to NCLT

RCom RP had approached NCLAT with plea that Ericsson India refund Rs 577 crore given to it by RCom

BMW should buy Jaguar Land Rover from Tata Motors, says Bernstein

Tata Motors may get 9 bn pound valuation

NCLAT keeps Bakshi deal with McDonald's on hold, bars him from going abroad

Two-member bench headed by Justice S J Mukhopadhaya says prima facie there is a case for deal to be stayed for now and the case to be heard on merits

Air India privatisation: Sitharaman meets Puri ahead of first GoM meeting

Officials from finance and civil aviation ministries have been discussing this key issue for a while now

At $4 billion, YouTube biggest video platform by revenue in Asia-Pacific

It is estimated to hit 13.2 million subscribers in the region by the end of this year

CG Power case: Look out circular issued against ex-chairman Gautam Thapar

The case could be referred to the Serious Fraud Investigation Office (SFIO) if the preliminary inspection report points to a fraud and gaping holes in the books of the firm

PE majors TPG, Temasek planning investments in Indian API manufacturers

The investment interest comes as Indian drugmakers are focusing on specialty products, while relying extensively on Chinese imports for basic ingredients and other raw materials used in medicines

Pharmacy retail chain MedPlus plans entry into Mumbai in next 3 months

Medplus has its largest presence in South India and is now expanding in western region with stores in Pune and Nagpur

TikTok removed 135,000 videos in 1.5 years of its operations in India

Of the 700,257 accounts that were reported, 181,926 were permanently banned. Currently, India is TikTok's largest market, with more than 200 million users; the US is the second-largest market

Private coal producers told to pull up socks to boost production

Coal Secretary Sumanta Chaudhuri calls upon allottees to go extra mile with govt to operationalise the mines

NCLAT orders review of McDonald's-Vikram Bakshi settlement

It also directed Vikram Bakshi not to leave country without its permission

NCLAT asks RCom's RP to approach NCLT for refund of Rs 577 cr from Ericsson

Anil Ambani-led Rcom is presently going through Corporate Insolvency Resolution Process

IndiGo's 3 pilots, 2 engineers grounded for not reporting engine vibrations

On August 30, the aviation regulator had said it was keeping a tab on the issues related to the PW engines in the Airbus A320neo planes and that it would act when warranted