Page 3579 - Company News

Manufacturing slowdown may cause downtime in Indian IT industry

In the June quarter of FY20, revenue from this segment grew faster than other key verticals for the top Indian IT players

Jet creditors to recover only $300-$400 mn in liquidation scenario: Report

"The expected recovery on owned planes and real estate is $300-400 million after repaying debt tied specifically to those assets," said one of the sources

Reliance Jio to provide free set-top-box with every broadband connection

Billionaire Mukesh Ambani-led company is slated to launch optical fibre-based JioFibre broadband service from September 5

E-cigarette maker Juul eyes Indian, Asian smokers after crackdown in US

Going into Asia won't be easy. It means navigating a maze of different smoking cultures, socioeconomic levels and regulatory regimes across a slew of countries at various stages of development

H-Energy, Petronet sign deals to buy Russian LNG producer Novatek

The deals were announced hours after Prime Minister Narendra Modi arrived here on Wednesday for summit talks with Russian President Vladimir Putin

Godrej Security Solutions to invest Rs 100 cr in R&D, branding next 2 years

The company seeks to expand retail footprint in tier-II and III markets, is strongly focussed on Africa for exports

Motown crisis: Deafening silence at Pimpri-Chinchwad's auto parts units

The first of a 3-part series captures how declining sales and job losses have hit companies in Pimpri-Chinchwad, an automobile hub bordering Pune

From barbers to shopkeepers, many rural Indians are hurting from auto crash

Laid-off workers returning to their villages are putting more burden on a rural sector already suffering falling income from low crop prices, and dampening consumer sentiment and growth across India

Haldia Petrochemicals to invest Rs 50,000 cr in Tamil Nadu naphtha unit

The development comes amid Chief Minister K Palaniswami's two-week trip to London, the US, and Dubai to attract investors

India Inc's investment project announcements fall to Rs 11.3 trillion

Almost 20 per cent of investment was made in the power sector, mainly in renewables

ARC role in resolution may help pare NPAs to Rs 9.1 trn by March: Crisil

With the share of cash deals rising, discounts could remain high. To make way for newer acquisitions and attract new and repeat investors, ARCs must quickly resolve assets and redeem security receipts

Truck sales crash 60%; Ashok Leyland sees decline of 70% in August

Volumes during August were dragged down by the top two manufacturers, which together sell more than seven in every 10 trucks

ESR ties up with Future Group to develop two industrial, warehousing parks

The parks would be developed to service the northern and central regions and would target the e-commerce sector

Biyani's FSC to invest Rs 1,000 cr to boost supply chain management

FSC plans to create India Food Grid, a network of 38 integrated food distribution centres providing pan India reach

Auto dealers unsure of a revival in consumer sentiment in festive season

A slump during the festive season would eliminate any chance of revival of the auto sector this financial year

Neutrality of e-commerce marketplace important to sellers, says survey

According to the survey, 89 per cent of the respondents said neutrality of the marketplace was important as a core principle

Apparel major Arvind Fashions looks for a more diversified portfolio

It foresees at least a fivefold potential rise in distribution

Flavoured milk shakes up market; Britannia, Cavin's, Amul get aggressive

All these companies are relying on innovation, launches, and competitive pricing

Competition Commission clears Capgemini's acquisition of Altran Tech

The Competition Commission of India (CCI) in a tweet on Tuesday said it "approves acquisition of sole control over Altran Technologies SA by Capgemini."

India's server market to get Reliance Jio push; IDC expects 20% growth

The government's push for data localisation has started showing its effects in the financial technology space