Page 3732 - Company News

Renault warns alliance partner Nissan it will block governance reshuffle

In a statement, the Japanese firm said it had received a letter from Renault "indicating intention to abstain from voting"

Govt moves NCLT for 5-year ban on IL&FS Financial Services auditors

The SFIO, in its complaint, has alleged that the auditors were aware that IFIN was lending to defaulting borrowers through group companies

Tata Steel to develop 40 high-end products at Kalinganagar unit, trials on

New products being designed mainly for auto, oil & gas sectors; firm is raising plant capacity from three mtpa to eight mtpa

Despite oil price volatility, earnings prospects good for ONGC

Analysts expect healthy net realisation, lower risks of subsidy sharing and rising gas production outweighing risks on divestment

Jaypee Infratech RP likely to submit lenders' voting pattern to NCLAT

Earlier on Monday, the NCLAT had asked the RP to place before it and not the National Company Law Tribunal (NCLT) the decision of the Committee of Creditors (CoC)

TCS surpasses Reliance Industries to become most valued firm by m-cap

RIL and TCS have in the past also competed with each other for the number one position in terms of market capitalisation

Maruti Suzuki cuts production in May for 4th month in row, output down 18%

MSI had cut production by around 10% across its factories in April

After $220 mn from SoftBank and others, Grofers to raise another $50-70 mn

Money will be utilised to create warehousing and manufacturing infrastructure in partner

Eros Intl shares all-time low after short-seller report on parent firm

Stock fell by 10 per cent on Monday post-allegations of financial irregularities

Stronger rupee in Q1 may spell trouble for margins of IT companies

Wage hike in April-June and rising onsite cost regarded as other headwinds to margin profile of IT companies.

Auditors ask Dewan Housing additional queries on fund deployment

DHFL received clean chit from independent audit firm in March on Cobrapost allegations on fund diversion

Sanofi: Strong anti-diabetic range, exports may prove healthy for investors

Despite the cut in forward estimates due to pressure on margins, earnings are expected to grow by more than 20 per cent annually over the next two years

Street cautious about IDFC First Bank's ability to achieve its goals

The Street is cautious about the bank's ability to achieve its goals

Crisil SME Tracker: Ayushman Bharat a blessing for SME hospitals

The scheme has helped improve health care penetration in terms of both number of people covered and amount of health care assurance, with nearly 15,224 hospitals empanelled and 26 lakh treatments

UK economy shrinks after facing decline in car production as Brexit looms

Early in 2019, many motor manufacturers had announced temporary shutdowns in April at their British plants, anticipating trade disruption around the time Britain was due to leave the European Union

Quietly, Baba Ramdev's Patanjali group has crept into Aravalli hills

The yoga guru's companies and associates, bypassing restrictions, have discreetly purchased a large tract of forested, hilly common land in a village in Faridabad, Haryana

Sebi likely to ask for tweaks to Brookfield's bid for Hotel Leelaventure

Regulator looking at issues flagged by minority shareholders

Funding woes to crowded market, why it's tough being a start-up in 2019

Funding has dried up, government initiatives are riddled with problems and the days of copycat ideas are over

Lenders vote against NBCC's bid to acquire debt-laden Jaypee Infratech

As many as 13 banks and over 23,000 homebuyers have voting rights in the Committee of Creditors (CoC) of Jaypee Infratech

Govt moves NCLT to debar Deloitte, BSR for role in IL&FS auditing

Deloitte was the financial auditor for 2017-18, while BSR is still the auditor of IL&FS