Page 3640 - Company News

Tata Chemicals gets green nod for Rs 1,042-crore soda ash plant in Gujarat

Soda ash, an important part of Indian inorganic chemical industry, is the common name given for the technical grade anhydrous sodium carbonate (Na2CO3)

PepsiCo to invest Rs 514 cr to set up snacks plant in UP; create 1,500 jobs

The new investment plan is in line with PepsiCo's goal to double its snacks business in the country by 2022

Tesla cars may soon stream Netflix, YouTube when not moving, says Musk

Tesla owners will be able to stream while the car is moving once regulators approve full self-driving, Musk said

Bad legroom to get worse as airlines stuff more passengers in a flight

To add more seats, Cebu Air is moving the plane's bathrooms

No plans to re-enter domestic formulations in current fiscal: Piramal V-C

Last year, Ajay Piramal, chairman of Piramal Enterprises, had indicated that the firm was exploring a possible re-entry into the domestic formulations market

ICICI Bank back in the black in Q1 with net profit of Rs 1,908 crore

Saw Rs 120-crore loss in year-ago quarter

Govt intervention needed to save auto component sector jobs: ACMA president

Leading industry body head says the govt should intervene with measures like cutting the GST rate to 18% across the entire auto and auto component sector

Ola puts electric plan in top gear, rejigs management to bolster project

The company, according to sources, is diverting a part of its manpower from teams which mainly manage Foodpanda and Ola Play

New economy to be pillar for future plans of country's biggest realtors

The data boom, the e-commerce revolution, and a rise in digital commerce have opened up the infrastructure segment for major real estate developers, so much so that some have started subsidiaries

Scarcity of talent likely to hit IT companies' forecasts for FY20

Indian IT services firms such as TCS and Infosys have announced a record number of deal closures in the past couple of quarters

Tata Steel draws up plan to boost competitiveness, lower logistics cost

"The immediate plan is to own eight to nine rail rakes. This will be done in the next one year through Tata Martrade International Logistics (TMILL), our subsidiary," says Tata Steel CEO

Journey of Reliance Jio: From disrupting telecom to becoming the king

The youngest operator took 3 years to claim the top spot, changing the industry in the process

Vedanta's alumina production cost falls 17% in Q1, lowest in two years

In FY19, Vedanta's average alumina production cost stood at $322 per tonne

Havells Q1 profit falls 16% to Rs 177.09 cr; total income at Rs 2,756 cr

The company had logged a net profit of Rs 211.16 crore in the April-June period a year ago, according to a regulatory filing

Cairn India to exit investments in Anglo American ahead of schedule

The investment by CIHL, which was entered into as part of its cash management activities, has delivered a net gain of over $100 million

Twitter posts better-than-expected second quarter revenue; ad views rise

Twitter's revenue rose 18% from a year earlier to $841 million, beating Wall Street expectations of $829 million, based on Refinitiv data

Apple gets into 5G race; acquires Intel phone modem business for $1 billion

Apple will hold over 17,000 wireless technology patents, ranging from protocols for cellular standards to modem architecture and modem operation

IndiGo Airlines wants to bid for grounded Jet Airways' assets and slots

Jet assets include three B737 planes, 49.9% stake in Jet Privilege, and slots across domestic and international airports

Maruti Suzuki net profit plunges 27% to Rs 1,435 crore in Q1; outlook grim

The firm witnessed a sharp rise in overall expenses as a result of an increase in raw material and depreciation and amortisation costs

Indians bought record number of movie tickets last year at multiplexes

Increasing appetite for good content, fuelled by OTT, and more screens help increase footfall to cinemas