Page 3657 - Company News

Mindtree board appoints L&T boss A M Naik as non-executive chairman

The move follows the construction major acquiring over 60 per cent stake in the Bengaluru-based IT company

Innoviti sues Pine Labs, accuses it of infringing patent on UPI payments

The payment tech company said it has filed the suit for infringement against Pine Labs before the City Civil Court, Bengaluru and has been granted an ex-parte ad interim injunction against Pine Labs

Jaypee insolvency: NCLAT asks IDBI Bank to list new terms for fresh bidding

In its hearing Wednesday, the appellate tribunal has suggested some guidelines for new terms and conditions

Jindal Stainless to counter counterfeit market with co-branding initiative

Eyes additional revenue of Rs 1,100 crore over next two years, seeks to ramp up market share from 44 per cent at present to 52 per cent

Kia's mid-SUV Seltos garners 6,046 pre-bookings on the very first day

Firm says vehicle will be BS VI-compliant at the outset, available in both petrol and diesel, with both manual and automatic options in all powertrains

Family running Apollo Hospitals seeks investors, assets sale to pay debt

The aim is to reduce the Apollo shares pledged by the family as collateral to lenders, to 20 per cent of their total holding in the company from about 78 per cent now

BHEL struggles in next-gen market as slowdown continues in power sector

The state-run company earned Rs 34,600 crore in revenues in FY19, a meagre 16 per cent increase over FY16 when BHEL suffered its worst financial loss

USFDA finds adulteration, 'significant violations' at Strides Pharma plant

The regulator found 'significant violations' of current good manufacturing practice regulations at Strides Pharma's plant in Puducherry

Mumbai Coastal Road project's clearance cancellation to impact L&T, HCC

The coastal road project is one of the many infrastructure projects underway in Mumbai to decongest roads and other transport systems

Japan's Uniqlo to foray into India in October, open 3 stores in Delhi-NCR

The first store will be in South Delhi at Ambience Mall, the second one will be at DLF Place Saket, the third store will be at DLF CyberHub in Gurugram

Govt may hive off Coal India into separate listed firms to raise funds

India, the world's second-largest coal consumer after China, depends on Coal India for about 83% of the domestic production

AION Capital may not pick up equity stake in cash-strapped DHFL

Says it's in talks for only retail loan portfolio

MyMoneyMantra raises Rs 104 crore from Dutch investor, Vaalon Capital

MMM, which sells secured and unsecured loans, credit cards and insurance products, will issue convertible shares and use the proceeds to strengthen its technology, data analytics and expand its reach

Anand Mahindra to ban plastic bottles from boardrooms after Twitter advice

Mahindra was replying to a woman who pointed out the plastic bottles at a boardroom meeting

Next 6 months will be volatile for auto sector over BS-VI shift: MRF CMD

Indian automotive industry is at an inflection point where both opportunities and challenges abound in equal measure

Govt to launch portal to help Jet Airways staff find jobs in other airlines

The Civil Aviation Ministry is in touch with other private airlines such as SpiceJet and IndiGo to assist Jet staff get meaningful employment.

If not quashed, Essar Steel ruling can unravel India's insolvency reform

The ruling can make credit costs for India Inc. surge, shares of state-run banks swoon and foreign investors flee

OIL signs contract for 12 oil blocks, Vedanta 10 in latest auction round

Oil India Ltd signed up for the 12 out of 32 oil and gas exploration blocks it won in the twin rounds that ran parallelly

Slowdown in demand eats into Bajaj Consumer Care's June quarter numbers

Focus on brand building may keep margins under check

Fares to US, Europe set to drop as Pak opens airspace for civilian aircraft

Airlines return to shorter routes soon after the announcement