Page 3653 - Company News

Focusing on needs of consumer, India's unicorns are like workhorses

India's four largest unicorns are in online payments, e-commerce, ride-hailing and education

MDs on 'forced' leave, but it's business as usual for ICRA and Care Ratings

The reason for both the officials being sent on leave is the same - an anonymous complaint received by the market regulator against the agency

RIL likely to report slowest profit growth in 15 quarters, say analysts

The company is also expected to see its slowest profit growth in the last 15 quarters. RIL will report its June 2019 ended quarter results on Friday

Vodafone Idea hires Bank of America, Morgan Stanley for $1.9-bn fibre sale

The bankers will initiate discussions with potential buyers for the fibre assets, which could be valued at as much as Rs 130 billion ($1.9 billion), the sources said

Jet Airways interim RP receives claims of over Rs 24,000 crore from lenders

Only claims related to Jet are being considered and those of subsidiary JetLite will not be accepted, IRP says

EY finds no major lapses in IndiGo dealings after Gangwal points finger

Audit done after co-promoter Gangwal questioned related-party transactions

17% of corporate social responsibility fund unspent among listed companies

The government is considering the option to punish directors of companies that do not spend the required amount in CSR activities, as mandated by law

DHFL crisis: Insurers seek Irdai nod to be part of inter-creditor agreement

Sources say that insurance companies have already held preliminary talks with Irdai on the matter

IL&FS senior management asked ICRA for 'desired ratings': ED probe

ICRA is also believed to have told the ED that it had no knowledge about the restrictions imposed by the RBI

IL&FS case: NCLT allows MCA to prosecute Deloitte Haskins, BSR Associates

Other individuals allowed by the tribunal to be prosecuted include partners of audit firm Deloitte Udayan Sen, Kalpesh Mehta, and Sampath Ganesh, partner in BSR Associates

It is unlikely for Zydus Cadila to repeat US feat this year, say analysts

Analysts doubt if other Indian firms in the segment will do much better in the formulations business in the US

Muted volumes, falling e-auction premiums likely to hurt Coal India

The government's announcement in the Budget regarding increased divestment targets will be an overhang on the stock

Carlos Ghosn sues Nissan, Mitsubishi for 'improper termination' of contract

Ghosn is accused of under-reporting millions of dollars in income at Nissan and of using company funds for personal expenses

Q1 results: YES Bank's investors stare at painful and uncertain days ahead

Another quarter of 'kitchen sinking' took away close to Rs 1,784 crore from the bank's operating profit pool, even as net profit at Rs 114 crore was better than steep losses in the previous quarter

Digital breakthrough: Consumer durables brands finding ways to expand reach

While most brands are still taking baby steps in this space, this is where the future brands will be built believe experts

YES Bank shares fall 13% after Q1 results; ex-CEO Rana Kapoor loses $1 bn

Ex-CEO Rana Kapoor loses $1 billion as shares drop 78% since August; Jefferies cuts lender's price target to Rs 50 from Rs 80

Draft labelling regulations for packaged food and beverages divide industry

Firms say organised players will bear the brunt; face activists' flak for delay in implementation

Airtel beats rivals on premium price plans, expands broadband base

Jio's lead in market share gain can be dampener to revenue gain without tariff hikes

MG Motor stops Hector bookings, to increase production from October

MG Motor India's current production capacity for Hector at its Halol plant in Gujarat is around 2,000 units a month

Netflix to offer an affordable Rs 250 a month, mobile-only plan in India

Netflix currently offers three monthly plans in India, priced between Rs 500 and Rs 800