Page 3734 - Company News

Mahindra wins Gold Award in South Africa for fairing on various indicators

The automobile giant, which has more than 60 dealers in South Africa, secured the top position out of the 29 vehicle brands surveyed for the awards

Banks opting for one-time settlement as NCLT waiting time goes up

According to resolution professionals, the delay in admission in some cases can stretch up to 11 months, especially if there is an intervening application while the hearing for admission is on

Ola plans e-rickshaws, revives talks with original equipment manufacturers

In 2018, Ola had spoken to all major autorickshaw OEMs in this regard. These talks, however, did not progress and went into cold storage

JSW Paints tweaks distribution model, pricing to take on majors

Part of the Sajjan Jindal-led group, the firm announced its foray into paints market last month with a portfolio of 1,808 shades, all priced at Rs 477 a litre

This start-up is trying to crack the code of India's Rs 1-trn used car mkt

The growing market for pre-owned cars works in favour of Gurugram-based Spinny but the issues that hurt the auto market might haunt it too

NITI Aayog's electric mobility proposal irks India's auto industry

CII has expressed concerns over the timing of the move and the haste with which the government is pushing through electric mobility

Transactions of debt-ridden Educomp Solutions come under SFIO scanner

SFIO has identified at least two land transactions done by Educomp by allegedly using proxies at over-inflated prices, it is learnt

IL&FS top brass hushed up whistleblower's warning of fraud in 2017: Probe

The scam at IL&FS came to light last year after several group entities defaulted on repayments due to severe liquidity problems

Warehousing sees surge in private equity investment and leasing activity

Those in the sector attribute the surge to a rise in demand from different sectors and implementation of the Goods and Services Tax

Coal India to hire merchant bankers for buying stakes in Australian assets

State-run miner is eyeing assets abroad as it feel domestic production would be insufficient to meet coking coal and high-grade fuel demand

Industry blames policies, USFDA probes for 73% drop in pharma FDI

Other reasons for drop include push for generics over branded drugs, weak IPR protection, pricing cap on stents and other devices, and ban on FDCs

Taxation imbalances in aviation sector need to be corrected: SpiceJet chief

Ajay Singh, who has helmed the turnaround of the once ailing low cost carrier, said big bold reforms and more out of the box thinking can be expected from the government

Infy courts French Open, aims to showcase its tech prowess through sport

Such partnership will not only give the company an opportunity to showcase its expertise in new technology areas, they will also help in boosting its brand image with clients and employees

American Airlines extends Boeing 737 MAX cancellations through Sept 3

Boeing 737 MAX was grounded in March following a fatal Ethiopian Airlines crash just months after a similar Lion Air disaster in Indonesia which together killed 346 people.

How a clutch of firms is changing the way employee performance is assessed

Infosys, Tech Mahindra and Accenture India are at a different stage of the transition but all agree that quarterly or short-term feedbacks help carve out a path for their long-term goals

My favourite campaign is 'Made the Johnsonville Way': Snehasis Bose

The magic lies in the combination of the in-retrospect-obvious idea + the never-done-before execution

ONGC, Vedanta set to win 9 oil & gas blocks each, OIL 12 in latest auction

As per the bid evaluation, ONGC and Vedanta Ltd are top bidders in nine blocks each and state-owned Oil India Ltd (OIL) in 12 areas

RPower posts March quarter loss after delay, RInfra defers result yet again

Auditors flag several concerns over Reliance Power's numbers, including method of depreciation, treatment of impairment, related part loans

IL&FS effect: How relationship between regulator and regulated will change

Three key regulators - RBI, Sebi and MCA - are out to change their equation with those regulated

Six of top-10 firms lose Rs 34,590 cr in m-cap; SBI takes the biggest hit

In the ranking of top-10 firms, RIL remained at the number one position, followed by TCS and HDFC Bank