Page 3632 - Company News

Planning to buy e-vehicle? EV firms trim prices after GST breather

Union Finance Minister Nirmala Sitharaman had announced a reduction in GST on EVs from 12 per cent to 5 per cent in her maiden Budget

Bajaj father-son duo hits out at govt on slowdown, EV policy flip-flop

The domestic auto industry is facing one of the worst slowdowns, with sales across segments declining sharply month after month for a year

Vakrangee aims to set up 75,000 EV charging kendras across India by FY22

For all operators who want to setup Electric Vehicle services in India, it will make sense for them to leverage Vakrangee's charging infrastructure

R-Infra plans captive use of 18 EVs, will set up charging stations

Plans to open 3 charging stations in each of 5 zones, to add more charging stations in next 3 years

Vistara inks codeshare pact with SIA, SilkAir for international flights

Vistara, which commenced its air services on domestic routes in January 2015, is all set to launch its international operations

India key market but no interest in buying stake in Bina refinery: Petronas

Last week, Petronas and a consortium led by Japan's JXTG Holdings Inc were among companies interested in buying a stake in Bina oil refinery

'Blackstone may buy out Indiabulls' commercial properties for Rs 4,800 cr'

The PE firm is expected to add the assets to the portfolio of Embassy Office Parks Real Estate Investment Trust, its joint venture with Bengaluru-based realty developer Embassy Group

JioPhone loses ground in rural areas as smartphones gain popularity

Share of JioPhone in the featurephone market has shrunk from 47% in the second quarter of 2018 to 28% a year after

Deloitte Haskins & Sells quits as auditor of cash-strapped DHFL

However, the other joint auditor, Mumbai-based Chaturvedi & Shah, continues to service the company

CEOs bank on festive cheer; India Inc hopes for improvement in second half

Demand to pick up from festival season next month, say corporate leaders

Embassy may call off stake-purchase deal with Indiabulls Real Estate

Indiabulls now mulling partnership with Blackstone for its commercial real estate assets

Insolvency case: NCLAT stays eviction of Sterling Biotech from its premises

Besides, the appellate tribunal also said that 'the Liquidator cannot sell the assets of the premises in question'

Ikea plans to set up smaller format stores this year, decides to go online

Ikea has identified Mumbai as the first city where it will begin its online service and is expanding the reach of home delivery through its pilot launch

Govt moves SC to make NCLT judges stick to deadline for resolving cases

In the latest amendments to the Insolvency and Bankruptcy Code (IBC), the government has made it mandatory for all corporate insolvency procedures, including litigation, to be wrapped up in 330 days

Coffee tycoon Siddhartha repaid all loans, had no dues: Tata Capital

According to Tata Capital, it had a maximum exposure of Rs 165 crore to Caf Coffee Day (CCD) group in FY2017-18, and that the entire amount had been repaid by March 2019

Client-specific risks a trip factor for IT companies, says analyst

Among Indian companies, Everest, HCL Technologies, Tata Consultancy Services and Infosys Technologies have significant exposure to Deutsche Bank

Billionaire venture capitalist Vinod Khosla bets on innovative start-ups

Khosla also sees AI replacing doctors, such as radiologists

Equitas Holdings likely to take bonus route to list Small Finance Bank

With reverse merger not being an option as per Reserve Bank of India (RBI) norms, this may offer the best exit for shareholders of Equity Holdings

Nilesh Gupta to Dilip Shanghvi, most pharma CEOs took a pay cut in FY19

The CEOs' salaries also have taken a brunt. A quick analysis shows that Shanghvi took a whopping 99 per cent pay cut

Getting the right brew: 4 tea start-ups explain biz models, profitability

The challenge with tea is putting a premium on what is a staple item in Indian homes