Page 3743 - Company News

HUL CMD Sanjiv Mehta took home less salary even as profit grew

Sanjiv Mehta's total remuneration was Rs 18.88 crore in FY19, down 2.52 per cent from a year earlier

Netflix, Hotstar may come under licensing norms despite Bombay HC ruling

Bombay HC has said OTT services don't fall under licensing framework

Two-wheeler sales continue downhill journey in May due to liquidity crunch

Bajaj Auto was the only company in the mass segment that bucked the slowing trend

How Hyundai, Morris are reframing the advertising pitch for auto brands

Technology powers the advertising narrative for auto brands looking to separate their models from the pack

Bull market doesn't bode well for bourses' stocks; MCX sheds over 4%

Brokerages expect a better show in FY20

Shot in the arm for Apollo: New hospitals to inject profits, revenue grows

Improving performance in pharmacy business will also enhance overall show of Apollo Hospitals.

Sebi issues fresh notices to HDFC MF and Kotak MF on Essel exposure

Regulator has initiated adjudication proceedings against fund houses, senior officials

Apollo Hospitals may float Proton Cancer Centre as special purpose vehicle

The company announced plans to set up the Centre in collaboration with Belgian firm Ipon Beam Applications in 2013, with an expected investment of Rs 400 crore

Jet Airways staff call on Nirmala Sitharaman and Hardeep Puri

Jet shut operations in April 17 leaving over 14,000 employees in lurch

Orchid Pharma Ltd sees net loss narrowing to Rs 13.44 crore in Q4

The company has been under Corporate Insolvency Resolution Process (CIRP) and the Resolution Professional has received three resolution plans from prospective bidders

Aviation minister meets Shiv Sena MPs, Jet employees on airline's revival

The delegation also met Union Finance and Corporate Affairs Minister Nirmala Sitharaman on the matter

Jet Airways' ex-partners, rivals scramble to fill India capacity void

In October, Virgin Atlantic will launch Mumbai-London, while Delta will fly from Mumbai to New York from December, in a sign it will take months to replace Jet's non-stop capacity.

Vistara to launch international flights in the second half of 2019

A joint venture between Tatas and Singapore Airlines, Vistara might also look at starting medium and long-haul flights, depending on approvals, amid the grounding of Jet Airways.

Mumbai International Airport aims to monetise 20-25 acres to pare debt

Mumbai is the second busiest airport in the country

FabHotels gets Rs 54 crore from Goldman Sachs, Accel and Qualcomm

The fresh funding would help the budget hotel chain tap the booming hospitality market in the country and also compete with OYO

Spreading wings: Skies clear up for Tata group's airlines business

With Jet Airways out of the picture, the airline is finally ready for take off with a new international flight plan

Swiggy unveils 'Daily' for homestyle meal, plans to include tiffin services

To make the service a hassle-free everyday option, Daily will allow users to schedule their meals in advance or opt for a daily, weekly or monthly subscription

Fitch downgrades ratings for Axis Bank and ICICI Bank to BB+ from BBB-

The rating action in case of two Indian private banks comes after Fitch lowered its midpoint for India's operating environment to 'bb+' from 'bbb-'

L&T promoters to offload 4.03 million LTTS shares on June 4 and 6

LTTS in a BSE filing said that L&T will sell up to 40,34,399 equity shares of face value of Rs 2 each

Airtel's ARPU driven largely by minimum recharge, not 4G subscribers

The 10-per cent-plus jump in data subscriber base over the past three quarters has not translated into significant ARPU gains, say analysts