Page 3745 - Company News
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
 "Airtel's ARPU driven largely by minimum recharge, not 4G subscribers")
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
 "TVS Motor sales dip marginally in May, exports put up a good show")
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.
 "Ashok Leyland posts overall sales dip of 3.6% in May as exports drag")
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
 "Bajaj Auto motorcycle sales up 7% in May, CV segment sees slide of 16%")
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 Benefit Trust sells shares worth Rs 1,244 cr to Canada's CDPQ")
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
 "M&M to roll out BS-VI-compliant models from Q2FY20: 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
 "Ashok Leyland sells more than 13,000 units in May, total sales dips 4%")
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
 "Hyundai's first sub-4 metre SUV sells more than 7,000 units in 8 days")
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
 "Coal India's production declines on overburden removal constraints")
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
 "M&A activity in Jan-Mar quarter fell to 242 deals worth $9.9 bn: EY India")
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
 "Hatsun completes acquisition of cattle-feed plant Madhur Pashu Aahar")
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.
 "Makeup giant Sephora to close for training after racial profiling of singer")
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
 "With enough cash in hand, SpiceJet may evaluate 'several offers' for stake")
Why Adani is so persistent with a mine in Australia that may lose money?
Even after governments are out of the way, Adani will have to deal with markets and companies that aren't keen on the project
 "Why Adani is so persistent with a mine in Australia that may lose money?")
Available in Ayodhya too: Zomato expands food delivery to over 300 cities
Among the new cities it now operates in are Bhuj and Junagadh in Gujarat, Rishikesh in Uttarakhand, Shimla and Mussoorie in Himachal Pradesh, Nagercoil in Tamil Nadu, Ayodhya and Raebareli in UP
 "Available in Ayodhya too: Zomato expands food delivery to over 300 cities")
Probe reveals how IL&FS bosses showed fictitious profits for salary hikes
The former directors of IL&FS, who were also on the board of IFIN, drew a commission and sitting fees on the basis of these fictitious profits
 "Probe reveals how IL&FS bosses showed fictitious profits for salary hikes")
L&T picks up Mindtree shares worth Rs 70 crore between May 27-30
L&T, which has been pursuing a hostile takeover of Mindtree, has expressed its intent to ramp up its shareholding up to 66%
 "L&T picks up Mindtree shares worth Rs 70 crore between May 27-30")
Dogged ambition: What makes Pedigree's ad campaign one the best
Pedigree is a powerful reminder about the original duty and power of advertising - to sell, and to beautifully and persuasively sell, says Narayan Devanathanm, Group Executive Officer, Dentsu Branded
 "Dogged ambition: What makes Pedigree's ad campaign one the best")
Brand KPMG looks to craft inspirational tale with employees as ambassadors
Experts say the brand misses an opportunity to spin a memorable campaign
 "Brand KPMG looks to craft inspirational tale with employees as ambassadors")
Aditya Birla Health Insurance aims to cash in on late mover advantage
Recent entrant Aditya Birla Health Insurance aims to beat competition by incentivising healthy lifestyle, expanding the domain beyond hospitalisation costs and leveraging the power of digital
 "Aditya Birla Health Insurance aims to cash in on late mover advantage")