Page 3634 - Company News

Auto sales in July fall for 9th consecutive month due to poor demand

Cumulative sales of India's top five manufacturers of passenger vehicles dropped by 30.6% to 172,992 units over July last year

Restrictions hurting our operations in China, IT industry tells Goyal

Despite the Chinese IT services market remaining the third largest globally, investments by the Indian industry have not been able to grow owing to unique challenges faced while setting up shop

#ZomatoUninstalled, #BoycottUberEats trend after 'food is religion' tweet

Even as the incident had social media divided, the Jabalpur police sought an undertaking from the Zomato customer that he would not spread religious hatred

CCD crisis: Business failures should not be taboo, says Nirmala Sitharaman

Parliament approves changes in IBC, providing greater clarity over distribution of proceeds of auction of loan-defaulting companies

Lenders unwilling to provide extra funds to grounded Jet Airways

Sources said the resolution professional had not got any bids for the airline so far

Buy now, pay later at Kishore Biyani's Future Group retail outlets

The company is looking to extend short-term credit facility to customers through a 'digital' NBFC

Cognizant Q2 net profit rises 11.6% to $509 million, cuts revenue guidance

The revenue at $4.14 billion grew 3.4% on YoY basis while in constant currency terms, the growth rate was 4.7%

MFs' Essel group exposure likely to fall by 30-50% after Zee stake sale

Zee stake sale to Oppenheimer would benefit MFs holding the firm's shares as collateral

Q1 results: Agile models support Shriram Transport, Chola Finance

Both were quick to adapt to a changing environment

Promotional offers dent Godrej Consumer's June quarter performance

Investors should wait for good earnings trend despite attractive valuations

CIL to spend Rs 700 cr on rakes to perk up evacuation capacity by 56 mt

Coal India expects to realise its entire investment on these rakes within a decade

New green energy corridors witness 50% reduction in project costs

Adani, Sterlite, PowerGrid win key projects connecting renewable areas

Pfizer clears the decks for fresh start, looks to energise bestseller list

With six big brands that never hit the high notes in India, bundled into its venture with Mylan, the pharma major looks to energise its bestseller list

Xander Investment Management buys Rs 900-crore office property in Pune

The property named Weikfield IT-CITI Infopark is spread across 1.1 million square feet and has clients such as Maersk and WNS

Ex-McKinsey consultant turns failed restaurant into $535 million start-up

Mumbai-based Rebel Foods recently closed a $125 million funding round and is expanding quickly

Business failures shouldn't be a taboo: Sitharaman on CCD founder's death

Sitharaman said that businessmen should get honourable exit or resolution to the problem in letter and spirit of the IBC

Delhi HC quashes trial court order against RIL under Official Secrets Act

HC says trial court erred in ignoring newspaper reports, which had already published content of said documents

Ashok Leyland undertakes cost cutting measures to save Rs 500 crore

Ashok Leyland reported a 9 per cent revenue drop during the quarter ended June 30, 2019, at Rs 5,684 crore

ArcelorMittal reports $447 mn loss for June quarter due to low steel prices

Sales increased to $19.3 billion during the quarter as against $19.2 billion in the year-ago period, registering a marginal rise of 0.5 per cent

ArcelorMittal hopes to close deal for Essar Steel acquisition in Q3

On July 4, 2019, the NCLAT approved our resolution plan for the acquisition of Essar Steel India