Page 5036 - Company News
Don't stop Uber from doing their work: Bombay HC to taxi associations
Sought Rs 12 crore in damages from taxi owners for harming its reputation, livelihood of its drivers
 "Don't stop Uber from doing their work: Bombay HC to taxi associations")
Four of 10 most valued companies add Rs 32,394 cr in mcap
HDFC Bank and Reliance Industries gained the most
 "Four of 10 most valued companies add Rs 32,394 cr in mcap")
Income tax dept to challenge ITAT relief to Cairn Energy in HC
I-T department is also seeking up to 300% of the principal as penalty for non-payment
 "Income tax dept to challenge ITAT relief to Cairn Energy in HC")
Crew shortage: Air India to hire 80 co-pilots for wide-body Boeing planes
Has about 170 co-pilots to steer its 15 B777 and 23 B787 planes as against a requirement of over 370
 "Crew shortage: Air India to hire 80 co-pilots for wide-body Boeing planes")
Has Reliance Communications disclosed enough on Aircel merger?
Proxy firm feels valuation details inadequate; firm says report follows accepted methodologies
 "Has Reliance Communications disclosed enough on Aircel merger?")
AIC to appoint consultant to rejig business strategies
AIC wants to reposition itself as crop insurance is turning out to be a market-based product
 "AIC to appoint consultant to rejig business strategies")
Ice-cream vs frozen desserts: Now, Amul may take HUL to court over new ad
HUL's new advertisement is comparing the nutritional value of ice-creams and frozen desserts
 "Ice-cream vs frozen desserts: Now, Amul may take HUL to court over new ad")
Mahindra Lifespace Q4 net falls 64% to Rs 17.4 cr
Expenses, too, increased to Rs 326.57 cr from Rs 141.84 cr earlier
 "Mahindra Lifespace Q4 net falls 64% to Rs 17.4 cr")
InterContinental Hotels to sell stake in JV with Duet India
Company to increase inventory by four times in 10 years in India
 "InterContinental Hotels to sell stake in JV with Duet India")
Quikr expands its Doorstep service to process intercity orders
The move comes after Amazon sinking its teeth into the second-hand goods market through Junglee
 "Quikr expands its Doorstep service to process intercity orders")
Selling local unit to Flipkart, eBay bullish on India
Company expects deal to close in second half of 2017
 "Selling local unit to Flipkart, eBay bullish on India")
Gokulam Chit Fund evaded Rs 1,100-crore tax
Searches were conducted in 76 locations in past 4 days
 "Gokulam Chit Fund evaded Rs 1,100-crore tax")
Medical tourist arrivals in India up 25%
Medical tourism industry likely to reach $6 bn by 2018 from the current $3 bn a year
 "Medical tourist arrivals in India up 25%")
Ashok Leyland hopes to be among top 10 M&HCV players in 3 yrs
The company is setting up new manufacturing facilities at Andhra Pradesh and Telegana
 "Ashok Leyland hopes to be among top 10 M&HCV players in 3 yrs")
Indian IT firms facing more US lawsuits with changing business environment
Now more organisations opt for a legal settlement to save cost, say analysts
 "Indian IT firms facing more US lawsuits with changing business environment")
As SAIL struggles, private players race ahead
The government has a dream and SAIL can't afford to be a spoilsport
 "As SAIL struggles, private players race ahead")
Divi's Labs' Vizag unit gets warning letter from USFDA
Company doesn't disclose contents of alert, which follows issue of Form 483 with five observations
 "Divi's Labs' Vizag unit gets warning letter from USFDA")
KKR said to be in advanced talks to acquire SRL
The deal could value New Delhi-based SRL at about Rs 5,000 crore
 "KKR said to be in advanced talks to acquire SRL")
Sun Pharma's Dadra facility receives 11 USFDA observations after inspection
It notifies the company's management of objectionable conditions at the facility
 "Sun Pharma's Dadra facility receives 11 USFDA observations after inspection")
USFDA issues warning letter to Divis Labs for Vishakhapatnam unit
Company, however, did not provide details of the warning letter