Page 3594 - Company News

Telecom operators ring in varied plans for next phase of growth

The move to weed out low-revenue users cost the telco 14 million subscribers in Q1 and analysts predict further erosion, as they feel the strategy may have backfired

Anil Agarwal's Twin Star Tech not to bid for RCom assets: Report

"Twin Star Technologies will not bid for RCom assets. The company is likely to make a formal announcement in the regard shortly," the source said

Chhattisgarh auto sales surge, backed by rural growth amid slowdown

A slump in sales across the country has plunged the sector into a severe crisis

Amid slowdown, carmakers' bet on new launches pays off to an extent

Carmakers launched as many as 14 new models between April and July 2019

McDonald's row: NCLAT gives Bakshi last chance to settle dispute with Hudco

The appellate tribunal was hearing an intervention plea by HUDCO, claiming dues of Rs 195 crore from Bakshi

Nayara Energy signs $750-million contract with BP and Trafigura

The refinery has annual crude oil throughput of 20 million tonnes, importing it from various regions

Max Healthcare plans to spin off diagnostic laboratory, home care biz

Radiant is in the process of demerging its health care business into Max Healthcare

Spotify extends Premium free trial to three months worldwide

Earlier this month, the company announced it has hit 232 million monthly active users globally, which is a 29 per cent increase year-on-year

Amazon eyes expansion, launches largest delivery station in Tamil Nadu

The delivery stations enable Amazon Logistics to supplement capacity and provide flexibility to its delivery capabilities to support the growing volume of customer orders

Lupin divests its Japanese injectables business to Abu Dhabi company

Company is looking at enhancing efficiencies in Japanese market which is facing pricing pressure

Fuel supply to Air India stopped at six airports due to non-payment

The airports where the fuel supply was stopped by the state-owned OMCs at around 4 pm are Cochin, Visakhapatnam, Mohali, Ranchi, Pune and Mohali

Zomato says restaurant prez offers the same discounts he campaigns against

Zomato, which initially claimed that the logout campaign was driven by vested interests, had on Wednesday made sweeping changes to its Gold programme

Sundaram MF withdraws DHFL side-pocket, says not in-line with Sebi norms

Proposal was not in-line with Sebi norms on creating a separate portfolio for affected asset

Auto companies cut more jobs, halt production as India slowdown bites

Toyota, Hyundai halt production; auto part makers Denso, Bellsonica cut 350 jobs each.

Non-integrated steelmakers set to pay 15-20% more for iron ore from FY21

Bereft of captive iron ore resources, the non-integrated producers bank on merchant supplies to sustain their operations

Britannia to increase prices 'marginally', optimise cost to beat slowdown

The FMCG major said slowdown had been witnessed in the last five to six months and the period till January would 'not be easy'

Apple to bring three new iPhones, iPad upgrades, larger MacBook Pro

The handsets will likely go on sale in September, contributing to fiscal fourth-quarter sales. But the real test will come in the crucial holiday season

Cox & Kings-owned booking website, travel firm in the UK shut down

Booking website LateRooms and holiday firm Superbreak ceased operations on Thursday after their parent, Malvern Group, declared insolvency

Kia Motors makes India debut, launches Seltos SUV starting of Rs 9.69 lakh

The company has already seen as many as 32,035 bookings till date

Thyssenkrupp moves court over EU's veto against Tata Steel joint venture

The complaint to the General Court of the European Union - seen as a symbolic move - comes after the Commission in June vetoed plans to create Europe's second-biggest steelmaker