Page 3750 - Company News

In charts: What millennials think about work, employment and life

The latest edition of the report is based on the views of 13,416 millennials questioned across 42 countries and territories

Microsoft, Oracle tie up for cloud services to compete with Amazon

The move comes as both Oracle and Microsoft are courting large businesses and government customers considering moving computing tasks currently handled in their own data centers to cloud providers

Turnaround 2.0: Tata Motors bets on new launches, cost-cutting for revival

Tata Motors hopes that rapid product launches, larger footprint and platform synergy will catapult it among the top four

Go Sport buckles up to give Decathlon a run for its money in India

French major Decathlon's rival Go Sport has launched in India, taking on one of its key competitors in a growing market

Crisil downgrades DHFL's commercial papers to 'default' from A4+

The downgrade comes after reports of default by the company in paying interest to the tune of Rs 900-1,000 crore of NCDs

New regulatory rules slow down growth of commercial vehicle sales

Light commercial vehicle volume sales growth would also lessen but still be a healthy 9 per cent

Three pharma firms in second race for Orchid Pharma resolution process

Sources say Dhanuka Laboratories has an edge over the other two, Chennai-based Accord Life Spec and Covalent Labs

Riding on Heinz, Zydus Wellness eyes Rs 4,500-crore turnover in 5 years

Consumer business crucial for Cadila Healthcare, at a time when US and India have pricing pressure

Coal India targets 8% growth in output, lines up Rs 10,000 cr capex in FY20

The target for revenue from operations (net) has been fixed at Rs 1 trillion for FY2019-20

Fashion retailers count on end-of-season sales to shore up top line

With Q4 being weak, firms are offering around 50 per cent discount on merchandise and pushing aggressive offers in June

Brokerage-free firm NoBroker raises $51 million in Series C funding

The firm claims to have more than 2.5 million properties registered on its platform

Delhi HC asks NHAI to pay Rs 143 crore to PNC Infratech within 8 weeks

NHAI had in 2005 signed a contract with a joint venture of PNC Infratech Limited and Bhageeratha Engineering Limited for widening of NH-24 between Garhmukteshwar and Moradabad

Zydus Cadila's US arm Nesher Pharma gets 11 observations from USFDA

Nesher Pharma, a 100 per cent subsidiary of Zydus Pharmaceuticals USA, saw USFDA inspection at its two facilities

DHFL-exposed MF schemes suffer 30-50% drop in NAVs, Icra data shows

Mutual fund exposure to DHFL debt paper was Rs 5,169 cr as on April-end; instruments have not yet been downgraded to 'default' or D grade

Mitsubishi Corp to hike stake in TVS Automobile Solutions from 3% to 25%

Japanese firm will work to expand TASL's business and participate in Indian market by introducing Japanese automotive parts suppliers and enhancing price competitive parts line-ups for TASL

EU court rules against Skype, says it can be classified as telecoms firm

Skype had argued that it did not transmit signals itself and did not provide any electronic communications services such as those defined by current EU rules

Allahabad Bank aims at turnaround, hopes to return in black in this quarter

Kolkata-based lender Allahabad Bank had posted a loss of Rs 8,334 crore last fiscal

Airbus got Rs 1,000-crore undue benefits in Air India deal: ED

According to the ED, the terms and conditions approved by the then Cabinet Committee on Security to purchase aircraft were deleted and a new condition was added in the purchase agreement with Airbus

SC allows SFIO to reopen and recast IL&FS accounts for last five years

The MCA plea before the top court sought reopening, recasting FY13-18 accounts to get a fair picture of IL&FS' financial position

Walmart faces major India test over unit Flipkart's legal spat with GOQii

The All India Online Vendors Association plans to file a plea to join GOQii's case against Flipkart on behalf of 3,500 online sellers it represents