Page 3666 - Company News

Lenovo Group to 'Make in India' smart wearables, eyes 20% market share

The company will push to establish a physical retail network as well, starting with major Indian cities

Lenovo makes waves in gaming market with flashy rigs, snazzy LED lighting

Revenue from gaming PCs surged 91 percent in the year ended March

Lenovo re-adopts dual brand strategy to revive smartphone sales in India

The plan is to pitch Lenovo to consumers in the low- to mid-segment, while Motorola will cater to the mid- to premium-end of the market

With founders quarreling in board room, IndiGo can't fly high in the sky

This is the time for IndiGo to be rewarding shareholders by consolidating its leadership position and filling the gap left by Jet

Co-promoter Gangwal wants expansion of IndiGo board, asks Sebi to intervene

The move is difficult to implement as it will need Rahul Bhatia's support

Trade tensions may cause Chinese factory shutdowns: Walmart's Supplier

While Chinese factories suffer, manufacturers in other Asian hubs become beneficiaries - up to a point

Termination of Tamnar unit sale deal with JSW Energy good for us: JSPL

JSW last week announced on the exchanges the termination of Rs 6500-crore deal with JSPL to acquire its 1,000 MW power plant in Raigarh district of Chhattisgarh

TVS Capital gets Rs 1,100 crore commitment for third round of funding

The fund plans to deploy around 20-25 per cent in the current fiscal

Samsung dials for growth, brings new strategy to recover lost ground

The mobile company has fired 500 employees, reshuffled its leadership and introduced new products as part of its new game plan

PM Modi recalls B K Birla's legacy, writes to Kumar Mangalam Birla

Thanking the PM, Kumar Mangalam Birla, Chairman of Aditya Birla group, said Modi's tribute will always be treasured in the annals of Birla's family history

Telecom companies eye aggressive expansion of optic fibre cable

With the huge appetite of firms, data centres, and the govt, the country's infrastructure must grow multifold

NCLAT seeks details of settlement with McDonald's from Vikram Bakshi

Appellate tribunal also asks Bakshi to indicate how much he can pay Hudco, which is seeking Rs 190 crore

IndiGo is functioning, promoter issues not to hit airline ops: CEO to staff

He said the airline's mission, direction and growth strategy remains unchanged, and firmly in place

Lenders to cash-starved DHFL likely to finalise resolution plan today

The resolution process will entail an additional line of credit facility for DHFL

Sebi starts investigation into governance issues at InterGlobe Aviation

The market regulator has asked the company to give response to the allegations by July 19

Decline in global client spending may put Indian IT sector under stress

Though global IT services spending is likely to cross the $1-trillion mark to reach $1.031 trillion, growth rate will slow to 3.8% in 2019, compared to 6.7% last year according to reports

Crisis-hit DHFL headed for more trouble, auditors may decide to resign

Sources say the auditors may decide to resign ahead of the board meeting

Key deals last week: GEC Private Investing, Affirma Capital and more

There were 17 PE deals worth $319.88 million with no private equity exit in the last seven days ended July 10, 2019

PE Round-Up: Byju's raises $150 mn led by Qatar Investment Authority

The latest transaction is likely to value Byju's at over $5 billion

Student housing may get up to Rs 2-trn investment, PE funds bet on sector

In 2019, HDFC took 25 per cent in Good Host Spaces, which offers student housing under brand 'New Door'