Page 3606 - Company News
Canada's Brookfield makes a foray into development management business
Undertakes commercial project for Pune landlord
 "Canada's Brookfield makes a foray into development management business")
Corporate debtor needs immunity from criminal liabilities: JSW Steel MD
Seshagiri Rao pointed out a clarification on immunity to corporate debtor was required as there could be claims from other departments of govt which could eventually result in some problem
 "Corporate debtor needs immunity from criminal liabilities: JSW Steel MD")
Credit rating agencies, auditors on ED radar in IL&FS charge sheet
Agency plans further probe to establish charges of concealment and collusion with former IL&FS brass; to file additional charge sheet soon
 "Credit rating agencies, auditors on ED radar in IL&FS charge sheet")
Sun Pharmaceutical's US specialty ramp-up still slow, say experts
Sun's focus on specialty comes at a time when its US revenues are under pressure owing to competitive intensity
 "Sun Pharmaceutical's US specialty ramp-up still slow, say experts")
Criminal offences in Companies Act to be slashed, govt mulls 65 changes
The offences punishable with imprisonment, a fine, or both are compoundable, and offences punishable with imprisonment and a fine are non-compoundable
 "Criminal offences in Companies Act to be slashed, govt mulls 65 changes")
Explained in 7 charts: Cause and magnitude of automobile slowdown
While auto parts exports have remained unchanged, car and two-wheeler exports have shrunk, suggesting that demand for completed vehicles is a bigger worry in global markets for Indian auto players
 "Explained in 7 charts: Cause and magnitude of automobile slowdown")
IT companies fume over double taxation avoidance treaty with Australia
India is the leading sourcing destination across the world, accounting for approximately 55 per cent market share of the $185-190 billion global services sourcing business in 2017-18
 "IT companies fume over double taxation avoidance treaty with Australia")
Britannia to scale up milk sourcing across India, boost dairy business
The company has 25-30 milk centres in Maharashtra that collect up to 25,000 litres of milk daily
 "Britannia to scale up milk sourcing across India, boost dairy business")
'Robot Restaurants' announces launch in Bengaluru after Chennai, Coimbatore
The restaurant will have a team of 6 robots (one usher and 5 bearers), it said, each table will be equipped with a tablet from which diners can place their order and summon the robots
 "'Robot Restaurants' announces launch in Bengaluru after Chennai, Coimbatore")
Watch out, Starbucks: OYO is brewing plans to start premium coffee chain
OYO is changing tack and shedding its 'affordable' image for its chain of premium coffee shops so that it can take on coffee chain giant Starbucks
 "Watch out, Starbucks: OYO is brewing plans to start premium coffee chain")
Modest moped gets slowdown blues: production down 30.64 % in April-July
TVS Motor Company, the country's only manufacturer of mopeds, says it's committed to keep manufacturing the multi-utility vehicle.
 "Modest moped gets slowdown blues: production down 30.64 % in April-July")
M&M lays off 1,500 temporary workers, seeks govt stimulus for industry
Automobile sales in India witnessed its sharpest decline in nearly 19 years in July, dropping 18.71 per cent, rendering almost 15,000 workers jobless over the past two-three months as the sector reels
 "M&M lays off 1,500 temporary workers, seeks govt stimulus for industry")
Maruti seeks GST benefit for hybrid, CNG cars to promote green mobility
The hybrid cars are 25% to 30% more efficient and will help reduce oil imports
 "Maruti seeks GST benefit for hybrid, CNG cars to promote green mobility")
Bumpy road ahead: Automakers to face a long winter if govt doesn't act
What dismays automakers the most is the government's failure to take measures to kick-start growth
 "Bumpy road ahead: Automakers to face a long winter if govt doesn't act")
Parsvnath gets Rs 1200 cr from Indian railway unit; to use it to lower debt
Last month, the Supreme Court had dismissed the appeal of the RLDA challenging a Delhi High Court order directing it to pay Rs 1,034 crore to Parsvnath Ltd in a dispute over a project in the national
 "Parsvnath gets Rs 1200 cr from Indian railway unit; to use it to lower debt")
Most Indian cos working in China say trade war has had no impact: Survey
Moreover, the number of IT and BPO companies that plan to make additional investments in China in 2019, has increased over the previous year
 "Most Indian cos working in China say trade war has had no impact: Survey")
Economic slowdown affecting super luxury segment: Lamborghini India
The company, which sold 45 units in India last year, had earlier in the year pegged growth for 2019 at around 60%
 "Economic slowdown affecting super luxury segment: Lamborghini India")
ONGC adopts Energy Strategy 2040; targets doubling of oil, gas production
The firm produced 24.23 million tonnes of crude oil in the 2018-19 fiscal year and 25.81 billion cubic metres (bcm) of natural gas from its domestic fields
 "ONGC adopts Energy Strategy 2040; targets doubling of oil, gas production")
Here's why Novartis CEO thinks FDA process could have been handled better
Novartis has said that it learned of the data manipulation on March 14 and alerted the US Food and Drug Administration
 "Here's why Novartis CEO thinks FDA process could have been handled better")
Mahindra's first automotive assembly plant in Sri Lanka inaugurated
The assembly plant is in collaboration with Ideal Motors of Sri Lanka
 "Mahindra's first automotive assembly plant in Sri Lanka inaugurated")