Page 3744 - Company News

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

TVS Motor sales dip marginally in May, exports put up a good show

The company's total exports grew by 11.4% to 69,319 units this May, from 62,218 units during the same month last year

Ashok Leyland posts overall sales dip of 3.6% in May as exports drag

Ashok Leyland Ltd's domestic sales grew 5.8 percent in May to 12,778 units from 12,077 units in the same month of previous year.

Bajaj Auto motorcycle sales up 7% in May, CV segment sees slide of 16%

Commercial vehicles sales declined by 16% to 54,167 units during the month compared to 64, 449 units in the year-ago period

M&M Benefit Trust sells shares worth Rs 1,244 cr to Canada's CDPQ

After the transaction, the M&M Benefit Trust will hold 8.44 crore shares, representing 6.8 per cent of the equity capital of the company

M&M to roll out BS-VI-compliant models from Q2FY20: MD Pawan Goenka

Diesel vehicles will be expensive but not unaffordable, says MD Pawan Goenka

Ashok Leyland sells more than 13,000 units in May, total sales dips 4%

The company had sold 13,659 units during the corresponding month last year, Ashok Leyland said in a statement

Hyundai's first sub-4 metre SUV sells more than 7,000 units in 8 days

Hyundai received more than 20,000 bookings for the Venue just a week after its launch

Coal India's production declines on overburden removal constraints

Overburden removal refers to the removal of top-soil to expose the coal seams making them ready for mining

M&A activity in Jan-Mar quarter fell to 242 deals worth $9.9 bn: EY India

Domestic activity continued to dominate the Indian M&A, with 158 deals accounting for an aggregate disclosed deal value of $7.1 billion

Hatsun completes acquisition of cattle-feed plant Madhur Pashu Aahar

Pays Rs 10 cr for the unit, including plant modernisation; Capacity of Hatsun's Santosa brand of feed goes up from 900 tonnes a day to 1,000 tonnes with this deal

Makeup giant Sephora to close for training after racial profiling of singer

Starbucks last year closed for an afternoon of nationwide racial-bias training, after two black men were arrested in a Philadelphia store.

With enough cash in hand, SpiceJet may evaluate 'several offers' for stake

The shares have jumped about 70 per cent this year, hovering near their all-time high, as the grounding of debt-laden Jet Airways India Ltd. let the no-frills carrier increase capacity and market shar