Page 3693 - Company News

Govt should stop terming luxury cars sin goods, reduce GST burden: JLR

At present, the Indian luxury vehicles market is around 40,000 units annually, and JLR with its product portfolio addresses a segment of around 27,000 units

Audi to drive its all-electric SUV e-tron into India by end of year

The e-tron has been a work-in-progress vehicle since 2015 when it was showcased at international motor shows; it was launched in global markets this year in May

HUL sets up end-to-end digital transformation plan for next phase of growth

The firm is also ramping up technology on the factory floor by reducing service lead time through an integrated sales and operation planning programme

Reliance MF extends repayment date on Reliance Home's bonds for 4 months

Reliance AMC extends maturity date

In real estate, malls catch the fancy of private equity players

This is also because retail, especially malls as a sector, have emerged one of the most favoured asset classes for institutional investors in recent times

BSNL clears June salary of all employees; accounts to be credited on Monday

The company has cleared around Rs 750 crore for salaries

Five years on, Sec 151 on small-shareholder directors makes little headway

Efforts have been few and far between since 2014, when the section was introduced; combo of entrenched promoters and onerous curbs may have stifled a provision meant to empower such shareholders

BS-VI a joker in the pack, may lead to dumping of old stock: Bajaj Auto

Vehicle maker also warns transition by next April could trigger 'unwarranted price war, says while it will be compliant by deadline, it is concerned about its competitors

Price Waterhouse quits as auditor of Eveready over inter-company deposits

Auditor and Eveready disagreed on the recoverability of inter-corporate deposits given to group companies.

Jet Airways grounding, Sri Lanka terror attacks hit duty free sales

For Flemingo Travel Retail, the airline's grounding had an impact as its store in Mumbai contributes significantly to its topline

VC investments in auto-tech companies up 250%, trucking platforms lead race

Nearly half of the money was received by trucking platforms including BlackBuck and Rivigo. This segment alone attracted $265 million across 10 deals

Reliance Home Fin extends maturity of non-convertible debentures by 4 mnths

In view of the continuing severe liquidity crisis in the sector, the maturity of certain NCDs of Rs 400 crore has been extended till October 31

The $38 billion divorce: Jeff Bezos, wife MacKenzie are about to split

It will be the 'Godzilla of all divorces', says lawyer as terms of one of the biggest wealth transfers are revealed.

Lenders approve JSW Group's Rs 1, 550 cr bid to acquire debt-ridden ACCIL

The total admitted debt in the resolution process was around Rs 6,500 crore

Sarees to shawls: Soon, ethnic merchandise to be sold globally via Amazon

The partnership will expand presence of TRIFED's brand 'Tribes India' to Amazon users in 190 countries

Remuneration for L&T's top three officials up 45-100% in FY19: Report

Remuneration for the company's CEO and MD S N Subrahmanyan rose 52.36 per cent.

Explained: Why Jewar airport in Uttar Pradesh needs to chart its own path

And learn what not to do from the so far jinxed Navi Mumbai International Airport

LG India eyes double-digit market share in smartphones by mid-2020

At present, the company has a miniscule market share of 0.5% in the segment.

Mega start-up fund disburses Rs 3,123 crore: All you need to know

In turn, these funds have raised a corpus fund of Rs 27,478 crore

Jaguar wants to accelerate growth as it completes 10 years in India

The company, which assembles six out of the 11 models that it sells in India, is open to more local manufacturing depending on the market growth of the luxury vehicles here in the country