Page 3618 - Company News

One-time credit guarantee: Public sector banks to gain more than NBFCs

Focus on asset quality takes precedence over liquidity infusion

Oyo to invest Rs 2,390 cr to boost presence in European vacation rental mkt

Amsterdam-headquartered Oyo Vacation Homes is part of Oyo Hotels and Homes

Glenmark plans to divest non-core global assets to reduce debt by Rs 800 cr

Apart from rationalising costs, the company is also aiming to divest some of its non-core global assets as well as bring in a minority investor in to Glenmark Life Sciences

Companies with high promoter share pledging punished by the bourses

Analysts say investors have turned wary of firms with high promoter pledging, given rising corporate debt

States' dues to renewable power companies at Rs 3,000 crore: CEA

CEA started the portal to collate data for dues in the renewable sector last week

Beleaguered steel firms see ground for 35% cut in iron ore prices

Prices of finished steel products tumble 10-25% since January

Leela standoff: Securities Appellate Tribunal to hear ITC plea on Aug 29

In April, the board of debt-ridden Leela had floated an ordinary resolution for sale of its assets

Volume growth key to Dr Lal Pathlab's health; stock rises over 4%

Firm banking on acquisitions, and rationalisation of prices

Moody's downgrades Indiabulls Housing Finance's rating to Ba2 from Ba1

Most of the increase in stage 3 loans has come from the company's corporate loan segment

US-based Kora Management to invest Rs 875 crore in Edelweiss Group

The investment by Kora Management is a part of Edelweiss' plan to separate its three businesses -- credit, advisory and insurance -- into distinct entities

Explained: Why RIL-Aramco deal could be a template for refinery sector

The big question is how far India has become a favoured destination for the oil refineries to uproot their investments from Europe and elsewhere to plug and play here

PC market grows 49.2% in June quarter, notebook category up 81% YoY: IDC

Lenovo led the market with 46 per cent share in the June quarter, followed by HP (22 per cent), Dell (14 per cent), Acer (10 per cent), Asus (2 per cent) and others

Suzlon Energy Q1 net loss narrows to Rs 337 crore on lower expenses

The firm's total income dropped to Rs 851.09 crore, compared with Rs 1,289.94 crore a year ago

Slowdown in auto sector: More layoffs coming in sales, R&D, says industry

Auto sector employs over 35 million, directly and indirectly and accounts for nearly half of the country's manufacturing output

Tata Sons Chairman Chandrasekaran gets Rs 65.25-crore remuneration for FY19

This is a 19 per cent increase over his FY18 compensation of Rs 55.11 crore

HPCL re-files shareholding pattern for 6 quarters; lists ONGC as promoter

HPCL has re-filed with the stock exchanges shareholding pattern of last six quarters beginning March 2018, the company said in a regulatory filing

Edelweiss Financial posts 50% decline in Q1 net profit at Rs 134 cr

Company's net profit in the corresponding April-June quarter of previous fiscal was at Rs 263.32 crore

Sun Pharma signs global licensing pact with CSIR-IICT for patents

The pact is for patents related to certain compounds with potential therapeutic activity across multiple indications

L&T plans to raise up to Rs 1400 cr through NCDs on private placement basis

Shares of L&T were trading 1.32 per cent higher at Rs 1,331.10 apiece on BSE

Infosys to implement cloud-based telematics solution for Toyota Material

Infosys said it would enable remote monitoring and diagnostic capabilities including vehicle access control, system maintenance, condition sensing and location tracking