Page 3572 - Company News

Auto industry may have to wait longer for GST cut on cars from 28% to 18%

Will be a political call now; state finance ministers to decide on September 20

Anti-tuberculosis drug market continues to shrink for private firms

Lupin, the largest player in India's anti-TB market, too admitted that in anti-TB segment, the focus on branded business has declined in the past few years

PhonePe charting path to join elite club of start-ups; valuation soars

PhonePe has been aggressive at growing its user and merchant base

Apollo Pharmacy aims to expand its private label business in next 3 years

Company officials said the private label business was 6.5 per cent of revenue last year and expected to be 7 per cent this year

After sacking 540, Zomato eyes 10x growth, creation of thousands of jobs

On Thursday, Goyal had tweeted that its delivery partners' monthly income crossed Rs 200 crore for the first time

Used commercial vehicle sales see uptick amid auto sector slowdown

On the other side, average overall sales which used to be around 8,000 units a year ago has dropped to 7,000-7,500 units in a month

Toyota expects costs of its diesel models to rise by 20% after BSVI upgrade

The adverse exchange rate is making the company contemplate an impending price increase which it has been holding as of now, a senior official said.

ED has filed money laundering case against Rolls Royce, others: Officials

ED has booked the case under provisions of the Prevention of Money Laundering Act (PMLA) after going through a CBI FIR, which was registered in the case in July this year

Patanjali to pump in Rs 3,438 cr in Ruchi Soya to settle creditors' dues

Ruchi Soya informed that resolution applicant Patanjali group will infuse Rs 204.75 crore as equity and Rs 3,233.36 crore as debt

Despite several headwinds, analysts are turning positive on L&T stock

The company has been winning large-ticket orders lately, though the orders bagged, so far, are less than the year-ago level

Start-up Myelin Foundry promises buffering-free OTT viewing experience

Myelin Foundry, launched in January this year, was conceptualised in the technology war room of the Tata group

How this Indian start-up is bringing fitness closer to the masses

The unorganised nature of the fitness sector augurs well for fit-tech start-up Fitternity's growth

Japan joins a band of Asian countries to tap into Indian tourism market

Japan, Korea, Taiwan edge their way into the country's travel calendar, target tourists with food, culture and adventure

RIL seeks minimum $5.4 per unit for new natural gas find from KG-D6 block

Govt's gas pricing policy, however, provides for a higher cap price for future gas produced from difficult fields like those in deepsea

Zomato lays off 600 employees, says technology had created redundancies

Zomato maintains that it was forced to rationalise the staff strength.

Insurance companies report boom in business after new, strict traffic rules

Insurance companies expect the new regulations to bridge the gap between insured and un-insured vehicles significantly

Coffee Day Enterprises ropes in IDFC arm to identify strategic options

IDFC Securities would also advise on refinancing of existing debt and raising additional facilities to repay debt in CDEL

Naveen Jindal seeks raw material security for Odisha steel plants

"Our investment in Odisha needs raw material security to become viable," Jindal said

HAL-built trainer aircraft HTT-40 clears crucial flight test successfully

Clearing the HTT-40's six-turn spin tests removes a monkey from our backs, said design chief Arup Chatterjee

Equitas says considering new scheme of arrangement; seeks RBI's approval

This scheme of arrangement is subject to approval from the Sebi, RBI, NCLT, shareholders and the creditors