Page 3623 - Company News

Seven of top-10 firms add Rs 87,965 cr in m-cap; HUL, HDFC Bank top chart

The m-cap of Hindustan Unilever Limited (HUL) zoomed Rs 22,145.92 crore to Rs 3,98,290.92 crore and that of HDFC Bank jumped Rs 18,264.93 crore to Rs 6,23,892.08 crore

Audi India betting on petrol, plug-in hybrids, EVs; moving away from diesel

The company is gearing up to launch its full electric SUV e-tron in the early part of next year in sync with the government's push for electric mobility

How Mukesh Ambani-led world's biggest refinery is bracing for an EV future

RIL is preparing its Jamnagar complex to be future-ready as fuel demand undergoes change with the advent of electric vehicles

Jet gets three EoIs, Etihad backs out; applicants to be named on Tuesday

Panama-based fund Avantulo Group is one of the three entities to have expressed an interest

Trouble for Anil Ambani: BSR resigns as RPower, RInfra's statutory auditor

Cites concerns raised in FY19 audit reports as reason

Tata Steel scales down capital expenditure to Rs 8,000 cr as demand slumps

The company's capital expenditure for the year was Rs 12,000 crore and will now be around Rs 8,000 crore

Consumers await 5G, pause on upgrade to smartphones: Gartner report

The report predicts that high-end phone lifespan will increase from 2.6 years to nearly 2.9 years through 2023

Future Enterprises Q1 net loss narrows to Rs 8.5 cr from Rs 16.8 cr

However, consolidated total income of the company increased to Rs 1,424 crore, from Rs 1,353.31 crore in the year-ago period

Cigarette maker Godfrey Phillips profit doubles to Rs 118 cr in Q1

The consolidated income of the company during April-June increased to Rs 858.49 crore, from Rs 612.56 crore in the year-ago quarter

Reliance Naval and Engineering widens Q1 loss to Rs 371 cr from Rs 361 cr

Consolidated income declined to Rs 26.85 crore in the quarter under review, from Rs 37.31 crore in the year-ago period

Fashion firms feel slowdown pangs for second straight quarter; sales down

Same-store sales growth down to 2-7% in Q1, lower than 3-9% reported in Q4

Tata Elxsi to de-risk business model; focus on rail communication

In the June quarter, the Tata group company reported a 31% decline in net profit to Rs 48.79 crore

J&J denies withholding interim compensation for faulty hip implants

However, the central government told the court that the company till date has paid the interim compensation to only 67 patients out of the over 4,700 persons

NTPC net profit up 6% at Rs 2,840 crore in Q1 from Rs 2,688 crore

Total income on a consolidated basis rose to Rs 26,272.24 crore in the said quarter from Rs 24,148.50 crore a year ago

Ikea vs Pepperfy: India is the venue for a David-Goliath furniture fight

One of the trickiest elements of the furniture business is offering the right combination of variety, quality and price

Huawei launches own operating system 'HarmonyOS' to rival Android

The highly-anticipated software is considered crucial for the tech group's survival as it confronts a looming White House ban on US companies selling technology products to Huawei

SpiceJet posts highest Q1 profit at Rs 262 cr on compensation from Boeing

Airline's auditor has disputed the compensation amount, saying there's no certainty to recognise such other income

NCLT rejects IL&FS Financial Services auditors' plea challenging 5-year ban

It will hear the arguments of the Ministry of Corporate Affairs (MCA) on banning the former auditors of IFIN on September 5

Developers brace for another storm as SC gives relief to homebuyers

According to industry sources, the verdict will make things difficult for a host of developers

Amid weak demand, JSW not to bid aggressively for Odisha iron ore blocks

Paying a premium for the blocks will mean additional investment for the company in a weak market