Page 3717 - Company News

IndiGo places $20-bn engine order for future fleet of 280 Airbus aircraft

IndiGo has been a CFM customer since 2016 and currently operates a fleet of 17 A320ceo aircraft powered by CFM56-5B engines

DCC to penalise Airtel, Voda Idea; seeks Trai view on quantum of fine

The penalty on Airtel and Vodafone works out to be about Rs 1,050 crore each

Reliance Capital sells 10.75% stake in RNAM, cuts shareholding to 25%

Reliance Capital expects to reduce its debt by at least Rs 12,000 crore

Essel Group's high-yield papers attract MFs as inflows push up demand

Fund houses have exposure of Rs 8,002 crore to such securities in the company

For stricken Boeing, the Paris Air Show is more about damage control

Airbus is expected to exploit the paralysis at its rival by unveiling an ultra-long-range addition to its A320-family of planes

Intel evaluating ways to move global supply chain away from China, says CEO

Uncertainty as US-China trade negotiations enter a crucial stage is weighing on companies like Intel, as are signals from the Chinese government that it might not implement major stimulus measures

Tatas to avoid big-ticket acquisitions for now, focus on debt reduction

The group will also avoid big-ticket acquisitions, preferring to grow businesses organically

Cannes Lions Festival of Creativity 2019: India's hunt for awards begins

Domestic agencies send more entries this year

An overhang in auditing environment after IL&FS fiasco, says Reliance Infra

Anil Ambani-promoted Reliance Group is facing one of its worst debt woes, with lenders invoking pledge shares in some of the group companies

Uber testing on-trip 24x7 security helpline in India to boost safety

Since its inception in India in 2013, Uber has not offered direct calling support for passengers, and this move comes following feedbacks in this regard

Qatar sovereign fund likely to invest $200-250 million in Byju's

The QIA deal follows Byju's raising money from the Canada Pension Plan Investment Board (CPPIB), which was also the first direct investment by the Canadian pension fund in an Indian start-up

50% residential units sold in last 6 quarters priced below Rs 50 lakh

Experts say CLSS benefits, effective GST rate are helping attract buyers

ArcelorMittal's Africa unit faces charges of contravening pollution laws

Over the years the authorities have been monitoring compliance within the Ferro Alloy Iron and Steel sector

Employees see gain if 4 state-owned insurance companies are merged

Market share of public sector general insurance companies falls below private peers

5G reserve price is just too high for telecom companies, say experts

The debt-ridden telcos have not shown much interest in the auctions: Bharti Airtel called the prices exorbitant while Vodafone Idea wants the auctions take place in 2020

Lupin recalls more than 18,000 bottles of antibiotic drug in US market

The drug, cefdinir for oral suspension, has been manufactured by Lupin's Mandideep manufacturing facility in central India

Lendingkart raises Rs 80 crore in debt funding from Alteria Capital

Alteria Capital, which competes with InnoVen Capital and Trifecta, is one of the leading players in India's venture debt market

New Zealand's Fonterra ready for India re-entry with Future Consumer JV

Fonterra firm will launch value-added milk products in Maharashtra, before heading to the south

UCO Bank declares Yashovardhan Birla willful defaulter for Birla Surya loan

Kolkata-based UCO had given Birla Surya a credit limit of ₹100 crore.

On McDonald India's menu: Winning back customers' trust after shutdown

After a short hiatus, the fast food chain is opening its stores in a phased manner. Here are a few things it should keep in mind