Page 3624 - Company News

At 13%, domestic pharma sales witness double-digit growth in July

Volume growth in the domestic market had turned negative in the last two months but was a big growth driver in July

Coffee Day to expand board, Siddhartha's wife to be non-executive chairman

After the resignation of Sulakshana Raghavan last week, the board is planning to induct two independent directors soon

Despite Jet crisis, domestic air traffic set for double-digit growth again

The first of a three-part series analyses how the aviation industry is an outlier in the midst of an overall economic slowdown

Sundaram Fasteners to go ahead with capex plan despite auto sector downturn

Manufacturing sector veteran and Sundram Fasteners chairman Suresh Krishna said that the company is not shying away from investments since it wants to be ready when economy and auto sector bounce back

Ikea to go online in Mumbai before launch of its second India store

Ikea's officials and the company's 800-strong Hyderabad team celebrated the first year of its first India store on Friday

Auto industry unanimous on its demand for GST cut to 18%, says SIAM

SIAM said Hero MotoCorp Chairman Pawan Munjal had also emphasised on this point on immediate GST reduction at the meeting with finance minister Nirmala Sitharaman

India's corporate profits one of the lowest among major economies

Combined net profit of BSE500 companies at $63 bn is 2.3% of GDP; global average is 5%

Tata Motors, Mahindra cut production to align with tapering market demand

The companies are announcing production suspension at a time when the domestic auto industry has been going through one of the longest sales slumps

Adani Electricity to invest Rs 1,200 crore in Mumbai distribution business

The firm now wants to invest in expanding transmission network for the distribution business

Reliance Pension Fund exits NPS after Nippon Life increases stake in RNam

Reliance Capital Pension Fund has voluntarily offered back the license

Lower realisations impact Hindalco's India numbers, Novelis comes to aid

Strong show by Novelis lends support to consolidated numbers in June quarter, and is likely to do so moving forward, too

Online pharmacy 1 MG to deliver medicines in rural areas through CSCs

The partnership is an extension of a 2016 tie-up to deliver essential medicines through CSC centers

NCLT allows ban on Deloitte, BSR for alleged auditing lapses in IL&FS firm

The auditors had challenged the jurisdiction of the NCLT to ban them under Sec 140(5) of Company's Act.

Good times: Titan adds shine to Rakesh Jhunjhunwala's portfolio

While analysts are positive on Titan, it has been seeing some headwinds

Executive coaching in India: finding roots in a hard business environment

Companies today have transitioned from engaging coaches a knee-jerk reaction to a business crisis to hiring them for the development of leaders and executives at senior and mid-level

Plan to double production capacity in India, use it as export hub: Oppo

The company also has plans to further scale the manufacturing capacity to produce 100 million smartphones annually at its Greater Noida facility, the smartphone maker added

Suzuki India announces launch of GIXXER 250 priced at Rs 1.59 lakh

Suzuki GIXXER 250 is powered by a four-stroke 249cc engine mounted on an easy to handle chassis developed exclusively for Indian market

Birla Corp partners Infosys to take digitisation, automation further

Infosys will be analysing the entire technological set up in the firm and talk to every department over their concerns and requirements for seamless functioning

Suzlon Energy offers to repay $1.2 bn for stressed debt settlement: Report

Suzlon shares rose as much as 14% in early Mumbai trading on Friday, the biggest intraday gain in two weeks

Larsen and Toubro, HDFC, Paytm donate Rs 14.80 cr to Bihar CM's relief fund

The chief minister lauded the three corporate entities for displaying their commitment towards social causes