Page 3651 - Company News

Kerala start-up Sastra signs deal to supply robots to Lockheed Martin

The robots will be used for avionics testing; Lockheed also signs deals with start-ups in Chennai and Bengaluru

India Ratings defends process after IL&FS row, says Fitch executive dumped

It rejected the observations made in a special audit by Grant Thornton of the ratings given by five credit rating agencies, including India Ratings, to some IL&FS entities

Tohoku Steel inaugurates Rs 80 crore unit at Sri City to cater auto sector

The plant produces heat-resistant steel rods and soft magnetic stainless steel rods as per customer requirements

How credit rating agencies played ball with IL&FS senior management

Emails cited by Grant Thornton show huge manipulation

Strides Bengaluru unit gets 'Voluntary Indicated Action' status from USFDA

The flagship facility in Bengaluru is the largest manufacturing facility for the company with capabilities to produce finished dosage products across multiple formats

Deloitte Haskins, BSR say NCLT cannot ban them for their IFIN auditing

The matter was part heard by the NCLT on Friday and has been posted for further hearing on Monday

IndiGo reports highest profit, board meet continues amid promoters' tussle

In a departure from the regular practice, the company's board meeting has been stretched to two days

RIL Q1 net up 7% at Rs 10,104 crore; Jio, retail boost revenues by 22%

Consumer businesses contribute 32% of the consolidated segment gross earnings (or earnings before interest, taxation, depreciation, and amortisation, or Ebitda) for the quarter

Lenders revise bidding norms for Jet, drop aviation experience clause

Bidders will need to have a net worth or assets under management of Rs 1,000 crore to be able to participate in the bid

Start-ups laud Finance Bill amendments, penalty on flouting angel tax norms

Penalty of 200% for not complying with the conditions laid down for availing angel tax exemption

L&T Finance reports 2% growth in net profit at Rs 549 crore in Q1

In the June quarter of FY19, L&T Finance booked a net profit of Rs 538 crore

Brookfield to infuse Rs 25,000 crore into RIL's telecom tower arm

Jio posts 46% rise in profit to Rs 891 cr in Q1

Reliance Retail Ebitda up 70% in June quarter, crosses Rs 2,000 crore

In terms of retail area, the company covers 23 million sq ft in Q1, growth of nearly 24% from a year ago

Tata vs Mistry: Tracing the contours of India Inc's most sensational battle

The 'deep-rooted' discord between Tata and Mistry was over how each side viewed conflict of interest

CESC Ventures plans to invest in more start-ups, put in Rs 300 crore

CESC Ventures has also been on an acquisition mode and is leading futuristic businesses like FMCG for the group.

Real Madrid tickets to Fitbit shirts: Gifts by IL&FS for favourable ratings

CARE, ICRA, India Ratings and Brickwork were the main rating agencies for group companies of IL&FS

India's inventory of unsold luxury homes falls 12% to 43,000 units in Q1

Among the top cities, Bengaluru led from the front, recording a significant 49 per cent reduction in unsold luxury stock within a year - from 6,370 units in Q1 2018 to 3,260 units in Q1 2019

Manjushree Khaitan to take over as chairman of Kesoram Industries

Manjushree Khaitan named as chairman of the company after her father Basant Kumar Birla passed away earlier this month

JSW Steel eyes packaging market, to invest Rs 1,000 cr in tinplate capacity

JSW is also rolling out JSW Platina, a premium tinplate targeted at the packaging industry

Volkswagen to double market share in India, launch new SUV

Volkswagen is also planning to launch leasing operations in India