Page 3580 - Company News

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

Anil Ambani's Reliance Naval risks insolvency as banks say no to debt plan

The risk of bankruptcy reemerged for the submarine maker after it failed to come up with a repayment plan even under the RBI's relaxed norms

Terry towel makers use recycled PET bottles, hosiery waste to cut costs

Following GSP withdrawal in June, manufactures face increased competition from Pakistan and Bangladesh, which continue to enjoy preferential treatment

Domestic steel inventory at alarmingly high level of 35 days: INSDAG chief

Normal stock position is 21 days; industry officials see steel prices close to bottom even as global scenario remain grim

Amul to Jio: Ads with attitude give brands punch in fight with rivals

It is the age of the aggressive marketer as brands jostle to get up-close and personal with the consumer

From Hero MotoCorp to Royal Enfield, two-wheeler sales continue to skid

Largest two-wheeler manufacturer Hero Moto Corp saw a decline of more than 20 per cent

Domestic drug portfolio a key driver of Ajanta Pharma's growth prospects

Industry beating growth along with high US sales are keeping analysts positive on the company's earnings prospects

Street cuts FY20 growth estimate as demand woes continue for cement players

Prices remain on a declining trajectory, slowdown in government projects led by delay in payments continues to hurt industry

Ashok Leyland meets BS-VI emission norms for all its heavy-duty vehicles

Company claims it is the first OEM to achieve this goal, way ahead of the April 1, 2020 deadline; LCVs and ICVs to follow suit shortly

Fintech firm Mobikwik becomes operationally profitable, eyes IPO

Gurugram-based firm which started its operations in 2009, is looking at further scaling its lending portfolio and achieve profitability on a full year basis in FY21

ALT Digital, Netflix's budget Indian rival, eyes original shows for profits

Digital subscribers in India are expected to increase to about 1.1 billion in 2030 from 528 million in 2018, according to KPMG India Pvt

Flipkart launches Hindi interface to tap into next 200 million e-shoppers

The e-commerce site wants to target native language customers coming online, primarily from tier-II and III cities

Committed to providing safest, most advanced 5G products, says Huawei

Since the rollout of 5G in early April, the number of 5G subscribers in this country exceeded 2 million, the company said at the 5th Huawei Asia-Pacific Innovation Day

Reliance Power, Japan's JERA to set up 750-Mw power plant in Bangladesh

RPower plans to use funds paid for the equipment for repayment of debt worth Rs 835 crore

Ready to give tax breaks if NBCC completes Jaypee's projects: Centre to SC

Apex court seeks NBCC's response by Thursday, rejects for now Jaypee's proposal for 100 per cent due repayment

Rupee fall against dollar likely to spur margins of IT companies

But a weakening pound sterling may erode some of the gains

Lifestyle International leans on e-commerce to achieve 8-9% revenue growth

Company hopes tie-up with Flipkart and Myntra will boost online share of total sales to 15%, from just 3% share that its own portal commands

HC rejects Budweiser brewer's plea to put ban on sales in Delhi on hold

Authorities in New Delhi barred AB InBev in July from selling its beer in the New Delhi market on allegations of evading local state taxes