Page 3561 - Company News

Warburg Pincus may buy Andhra Bank's 20.5% stake in IndiaFirst, says report

Deal could be valued at Rs 700 cr; Analysts say this could be seen as a direct impact of the recently-announced mega-mergers of 10 state-run banks into four

DLF sells 9 acre land to American Express for Rs 300 cr in New Gurugram

This is the costliest land deal in this area, which each acre going for about Rs 32 crore

After serving for 36 years, Titan MD Bhaskar Bhat says, 'It's time'

Bhat joined the Tata Watch Project in 1983, which later went on to become Titan Company that we see today

Hyundai's share in passenger vehicles at 5-yr high as Maruti loses ground

Led by Venue, Hyundai's market share in passenger vehicle market rises to a five-year high

Iron ore prices may decline to $60 on weak Chinese demand, says JSW Steel

Iron ore has had a volatile year. It surged in the first half, triggered by supply disruptions in Brazil and Australia, and plunged in August as output recovered and global growth slowed

Quick-service food restaurants look up despite economic slowdown

Improve reach and affordability through aggressive offers and launches

How fast is India's start-up universe expanding? Explained in 7 charts

Over the years, start-ups are struggling more to garner funds as they pass the elementary stages of growth

MF schemes exposed to Altico see 1-8% dip in NAVs after rating downgrade

After corporate entity is downgraded to 'D', fund houses need to take at least 75% markdown

Eveready's plan to sell battery business to pare debt tied in legal knots

Battery division sell-off may be delayed

Electronics manufacturers ask govt to take steps to boost exports

Almost 60 leading electronics makers will meet the government on Monday and raise the issue

Sun TV's income from movie distribution rises to Rs 223.36 crore in FY19

The company also said that it used to have Rs 400-500 crore for purchase of movies for its television channels but now it is reallocating some of the budget to movie production

Top biscuit manufacturers seek GST cut for below Rs 100 per kg segment

In April-June 2019, the growth rate of the overall biscuit market fell to 2 per cent from 7 per cent earlier

Adani Group, Reliance Industries to lock horns for India's data centres

So far, Adani has made initial moves in businesses like petrochemicals, natural gas and petroleum retailing where RIL is an established player

PGIM India funds down 21-30% after downgrade of Anil Ambani's firm

Overall, nine schemes of PGIM India (formerly DHFL Pramerica MF) were exposed

Reliance Industries, BP take over Niko's 10% stake in KG-D6 block

Reliance and BP split Niko's share in proportion to their existing shareholding in the block

Tinda Masala to Dal Arhar: Air India's low-fat meals for healthier crew

Air India told its flight staff that "taking into consideration the health factor of crew, an initiative has been taken by Director Operations to revise the in-flight food menu".

Air India posts Rs 4,600 cr operating loss over higher oil prices in FY19

Reflecting tough business conditions, the airline's net loss stood at about Rs 8,400 crore while total revenues touched around Rs 26,400 crore in 2018-19

Prashant Jhawar resigns as non-executive director of Usha Martin

Alleges several illegalities and non-compliance of the provisions of law by the directors and management in running the company

Corporates find ways to break layoff news without breaking employee morale

There might be many humane examples of companies parting ways with their talent

Recent CoC decisions raise hopes for the return of errant promoters

Two recent CoC decisions give hope to those who were pushed out of their company's management due to IBC provisions