Page 3718 - Company News

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

Honda Cars may raise its vehicle prices up to 1.2% from July

This price increase is due to accumulated raw material cost increases which the company has been absorbing so far

Mobikwik looking for investor to go public, eyes profit next fiscal

Mobikwik already counts Sequoia Capital, Bajaj Finance and South African firm Net 1 UEPS Technologies among its major shareholders

Vedanta lost $200 mn in profits in one year of Tuticorin plant shutdown

Vedanta wants the plant to be reopened, pointing to the economic pressures from the closure

Air India spreads its wings, plans flights for Bali, Nairobi and Toronto

Currently, there is no non-stop service from Delhi to Nairobi and Bali while Air Canada flies daily to Toronto

Big brands wield clout among young homebuyers in tier 2 and 3 cities

Real estate players with high recall brands have since upped their game and account for 56 per cent share of the total housing supply in 2018

Regulatory scrutiny of audit firms may put tech industry in a spot

Currently, Deloitte, EY and KPMG with their associates work as statutory auditors of most of the top league domestic IT services firms

Coromandel gets pollution control board's nod for Sarigam plant in Gujarat

The Sarigam facility was closed due to a fire incident at a product godown in the unit in January this year

Fortis Healthcare drops plan to sell stake in RHT Health Trust, RHTTM

Since the process to explore the potential transaction was inconclusive, it was decided to close the bidding and search process

BharatBenz plans to strengthen its aftermarket service support

The company on Saturday inaugurated the first BharatBenz parts outlet in Coimbatore under this initiative

Jaypee Infratech creditors to meet on June 20 to decide future course

NCLAT had clarified on June 10 that it did not bar lenders from voting against NBCC's resolution plan

Reliance Infrastructure auditors say unable to give view on annual results

Firm posts biggest quarterly loss in Jan-March period

Novartis India appoints Sanjay Murdeshwar as MD and vice chairman

Murdeshwar is Country President, Novartis in India and responsible for the company's pharmaceuticals business in the country

Hexaware buys Mobiquity for $182 million, to absorb all employees

he acquisition will be funded through a mix of internal accruals and external borrowings, the firm said

USFDA move not to hurt growth, new product nods to be delayed: Aurobindo

The company's stock took a beating after the USFDA pointed out data integrity lapses at the firm's formulations facility in Telangana's Bachupally

Pharma sales growth hit 19-month low in May as product launches slowed down

For the first time, all chronic therapy drugs grew only in single digits during May

Automobile sales drop 7.5% YoY in May 2019, two-wheeler worst hit: FADA

Dealers expect the near term outlook for the next 4-6 weeks to be gloomy

Volkswagen to rationalise dealer network, tap smaller towns for growth

Company says it will in 2019 launch products in 30 different tier 2 and tier 3 cities, which include Tumkur, Warangal, and Sivakasi