Page 5099 - Company News

Flying domestic: Qatar Airways is planning a fully-owned airline in India

Last Oct it bought 60 Boeing aircraft, some of which might be used to fly domestic routes in India

Infosys' US arm to modernise Texas child welfare info system

The system is used to serve 12 million children, the elderly and the disabled

Tata Steel yet to convince UK pension regulator over scheme closure

Company said it would close its final salary pension scheme to accruals from March 31

Indian outsourcing firms look to get ahead of immigration curbs

As Trump administration weighs work-visa changes, IT firms boost lobbying efforts

FMCG to get a major push via govt's common service centres

Talks on with P&G, HUL, Patanjali, among others to push their products via 250,000 common centres

Eros International withdraws bond issue

Eros is expected to raise between $200 and $230 mn through sale of dollar bonds with 5 year maturity

China's SAIC to take control of GM's Halol unit on May 1

The Chinese buyer is not ready to absorb the current set of workers

I-T dept lifts freeze on Cairn Energy payout, but bar on stake sale stays

The 9.8% shareholding in Cairn India was originally attached by the tax department in January 2014

RBI opposes Tata-DoCoMo settlement

Delhi High Court tells central bank to decide stand by March 14

Daimler CEO says not worried by Brexit or Trump

Zetsche said Daimler would continue to invest in the US, where it employs 22,000 people

Volkswagen says VW brand will improve profitability in 2017

Company's mass-market brand is undergoing heavy restructuring with thousands of job cuts

Maruti Suzuki to launch two new models, upgrade two old models in 2017-18

Out of the four, R S Kalsi said, two will be new models and two will be upgrades

Pricing power returns for paper makers on costlier imports

A higher price for wood pulp globally has had a big role in making imported paper costlier

Delhi HC rules in favour of Indian pharma manufacturers Natco and Alembic

Allows companies to export cancer and blood thinning drugs for experimental purposes

Flipkart looking to raise $1 billion in latest funding round: Source

Flipkart's biggest investor is US hedge fund Tiger Global

Snippets: Ferrari's flagship

812 Superfast debuted at the Geneva International Motor Show

Flipkart in talks to raise about $800 mn

The funding, however, would come at a much lower valuation of about $8-9 bn, say sources

Market share gains emerging as another growth driver for Titan

Rising formalisation of industry could aid market share gains and support stock's valuations

Alkem Laboratories is grabbing the Street's eyeballs

Good momentum in domestic sales and growing US business help stock movement

Bacardi finds its new leader in India's Mahesh Madhavan

He will head the world's largest family-held liquor firm after working in various roles for 28 years