Page 3660 - Company News

Skoda launches mid-sized sedan Rapid in India, prices start at Rs 6.99 lakh

The edition, which is powered by 1.6 litre petrol engine, is equipped with essential safety features like dual airbags and anti-lock braking system

Banks warn of 'severe plunge' in recoveries after bankruptcy ruling

Banks are joining foreign funds including SC Lowy in predicting risks from the Essar Steel sale

How tech cos make us feel like we own their apps and how that benefits them

Psychological ownership can benefit the companies because it leads users to take on valuable extra roles

Tata most valuable Indian brand in 2019; LIC, Infosys and SBI next

The group retains the top spot and sees sharpest rise in valuation in the top 25; public sector insurance giant jumps two places

RBI slaps Rs 7-crore penalty on SBI for violating various regulatory norms

This is one of the highest penalty amounts on any bank in the recent past

TCS, Infosys, 14 other Indian firms say climate change will impact business

Infosys and TCS expressed concern over their workforce and operations being affected due to climate change and the changes in the availability of natural resources like water in regions

Crisis-hit IL&FS revises debt terms for three of its road entities

The revision allows for concessions and modification of terms of financial debt and release of cash flow from existing accounts to service financial and operational creditors

Cash-strapped IL&FS eyes Rs 480 crore from sale of two towers at Gift City

In a public notice Monday, IL&FS said it has put its two towers - Gift One and Gift Two - on the block and has invited expressions of interest from investors

IL&FS case: NCLT reserves order on accounts of Bawa's wife and daughter

Ex MD&CEO of IL&FS financial services Ramesh Bawa's wife and daughter had filed a plea to de-freeze their assets as they were not charged in the Serious Fraud Investigation Office led probe

Mindtree employees worry over work culture shift as L&T takes charge

In the first ever hostile takeover in the domestic IT industry, L&T has acquired a controlling stake of around 60 per cent in Mindtree

Auditors sought additional information on crisis-ridden DHFL accounts

The audit committee of DHFL in its board meeting on July 13 asked the management to provide the audited financial results of the company by July 22

MFs differ with banks over DHFL resolution, may opt for the DRT route

A meeting is now scheduled between banks and MFs to find a path that can secure the interests of both sets of players

Suzlon pins hopes on Brookfield deal for bond payback as investors wait

Suzlon Energy Ltd., which became India's biggest convertible note defaulter when it missed payments in 2012, must repay $172 million outstanding on such securities that were issued as part of a debt

Reliance Jio gains from incumbents' loss in rural India, says Trai report

Larger rural base to put further pressure on Jio's ARPU

Office space supply to double this year to 67.9 mn sq ft: Colliers report

Projection based on construction timelines of commercial projects, as indicated by developers across top seven cities

Infosys gets a thumbs up from the Street; stock ends at record high

Most analysts have raised their 12-month price target for the stock, hoping for increased payouts to shareholders

Indoco Remedies gets USFDA warning letter for oral dosages plant in Goa

The company is committed to being cGMP-compliant and supplying quality products to its customers and the patients across the globe

Crucial Mindtree AGM on Tuesday; three senior-level executives resign

The board of the Bengaluru-headquartered firm is also expected to douse the investors' concerns about business continuity and staff attrition

Ashok Leyland to shut Uttarakhand heavy vehicles plant to for 9 days

Ashok Leyland 's competitor Tata Motors recently decided to close its Pantnagar facility for two days.

Q1 results preview: Poor sales likely to dent earnings of auto companies

The sales in this quarter are among the worst in over a decade