Page 3735 - Company News
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
 "Coal India to hire merchant bankers for buying stakes in Australian assets")
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
 "Industry blames policies, USFDA probes for 73% drop in pharma FDI")
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
 "Taxation imbalances in aviation sector need to be corrected: SpiceJet chief")
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
 "Infy courts French Open, aims to showcase its tech prowess through sport")
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.
 "American Airlines extends Boeing 737 MAX cancellations through Sept 3")
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
 "How a clutch of firms is changing the way employee performance is assessed")
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
 "My favourite campaign is 'Made the Johnsonville Way': Snehasis Bose")
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
 "ONGC, Vedanta set to win 9 oil & gas blocks each, OIL 12 in latest auction")
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
 "RPower posts March quarter loss after delay, RInfra defers result yet again")
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
 "IL&FS effect: How relationship between regulator and regulated will change")
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
 "Six of top-10 firms lose Rs 34,590 cr in m-cap; SBI takes the biggest hit")
Wipro Consumer Care's growth strategy: explore acquisitions in FMCG sector
Wipro Consumer Care & Lighting is leveraging its Ayurvedic soap brand Chandrika to cash in on the current trend of organic products in FMCG segment
 "Wipro Consumer Care's growth strategy: explore acquisitions in FMCG sector")
IBM laying off 2,000 employees not performing 'at a competitive level'
IBM confirmed that a 'small percentage of employees' who are not performing 'at a competitive level' would be leaving the company
 "IBM laying off 2,000 employees not performing 'at a competitive level'")
Club Med's chinese owner set to bid for Thomas Cook unit: Report
Thomas Cook's airline business wouldn't be part of the deal
 "Club Med's chinese owner set to bid for Thomas Cook unit: Report")
JSW Steel lease row: Won't do anything illegal, says MD Sajjan Jindal
The MD maintained that he would not get into the argument with those questioning the sale of land, previously allotted to it on lease
 "JSW Steel lease row: Won't do anything illegal, says MD Sajjan Jindal")
Jindal Stainless enters e-rickshaw market, targets Rs 200 crore revenue
Company showcases stainless steel e-rickshaw prototype in Lucknow expo
 "Jindal Stainless enters e-rickshaw market, targets Rs 200 crore revenue")
Prefer mid-caps over large-caps now, says WGC Wealth's Rajesh Cheruvu
Indian equities are likely to be range-bound with a downward bias for the remaining part of the year, he said
 "Prefer mid-caps over large-caps now, says WGC Wealth's Rajesh Cheruvu")
IBM bets on open source in telecom, prepares for global 5G deployment
IBM has deals to manage IT infrastructure of both Bharti Airtel and Vodafone Idea
 "IBM bets on open source in telecom, prepares for global 5G deployment")
Boeing had wanted to wait three years to fix safety alert on 737 Max
The company acknowledged that it originally planned to fix a cockpit warning light in 2020 after two key lawmakers disclosed the company's timetable on Friday.
 "Boeing had wanted to wait three years to fix safety alert on 737 Max")
Wells Fargo to settle $386-mn insurance suit
The agreement would resolve a lawsuit filed in July 2017, shortly after The New York Times published the results of an internal report the bank had commissioned on the matter
 "Wells Fargo to settle $386-mn insurance suit")