Page 3611 - Company News

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.

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

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

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

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

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

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%

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

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

Mahindra's first automotive assembly plant in Sri Lanka inaugurated

The assembly plant is in collaboration with Ideal Motors of Sri Lanka

How one billionaire kept three nations hooked on coal for decades

The story of Adani and its Australian project illustrates why the world keeps burning coal despite its profound danger

Founder Goyal admits to 'mistakes', plans to alter Zomato Gold scheme

Zomato Gold began last year as an exclusive, invite-only service, targeted at high-end restaurants serving niche customers who may already be their patrons

Home repainting biz adds gloss to paint firms' Q1 show in times of slowdown

Growth came despite a sustained slowdown in the automotive and construction segments, both of which are key users of paints

Coffee Day seeks more time from creditors to repay Rs 4,970-crore debt

After the demise of Coffee Day founder V G Siddhartha last month, this is the first time the group gave a clear picture of its overall debt position

SoftBank plans to lend up to $20 billion to employees to invest in new fund

The loans are likely to have an interest rate of about 5%

Gaurs group sold 1,350 properties worth Rs 520 crore during Q1FY20

Gaurs group achieved a 25% increase in sales bookings at nearly Rs 4,000 crore during the last financial year

Ahmedabad-bound IndiGo aircraft returns to Mumbai airport after engine snag

It was a VT-IVZ plane, an A320neo aircraft with a Pratt and Whitney engine

Airbnb records 30% growth in Q1 booking strength, says report

Airbnb had about $3.5 billion in cash on its balance sheet as of March 31, the source said

Two RCom promoters pledge 11.5% more stake in Axis Trustee services

A BSE filing on pledge of RCom shares in favour of Axis Trustee Services showed that fresh pledge of 31.82 crore shares was created on August 16, 2019

Ravi Shankar Prasad postpones meet with CEOs of electronic companies

The meeting is now likely to be held on September 16, 2019