Page 5125 - Company News
A first in 25 years: Nasscom defers IT growth forecast for FY18
Nasscom said growth for the current financial year (2016-17) was expected to be 8.6%
 "A first in 25 years: Nasscom defers IT growth forecast for FY18")
Tata Motors down 10% on downgrades, investors worry over JLR profit margins
Muted JLR outlook on currency-hedging losses, operational weakness activates thumbs-down
 "Tata Motors down 10% on downgrades, investors worry over JLR profit margins")
With the Ciaz and Vitara, Maruti finally finds its way to the big league
Maruti has driven to the top spot in the premium sedan and SUV categories
 "With the Ciaz and Vitara, Maruti finally finds its way to the big league")
Maruti launches Ertiga limited edition in VXi, VDi variants in 3 colours
The limited edition Ertiga would be available only in the VXi and VDi variants in three colours
 "Maruti launches Ertiga limited edition in VXi, VDi variants in 3 colours")
Air India to add six new international destinations in 2017
Air India will connect Delhi with Tel Aviv and Delhi with Washington
 "Air India to add six new international destinations in 2017")
Mukesh Ambani explains how Trump could be a blessing for Indian IT
He said IT should look at it as a blessing in disguise to focus on home market.
 "Mukesh Ambani explains how Trump could be a blessing for Indian IT")
Cabinet approves merger of 5 associate banks with SBI
Combined entity with 5 associate banks to place lender in the top 50 list
 "Cabinet approves merger of 5 associate banks with SBI")
Ask Microsoft why they didn't build another TCS: Chandrasekaran
Tata Sons chairman designate rubbished concerns over regulatory uncertainty in the US IT industry
 "Ask Microsoft why they didn't build another TCS: Chandrasekaran")
TCS could consider buyback in upcoming board meeting on Feb 20
The buyback, if approved, would be the company's first since its listing in 2004
 "TCS could consider buyback in upcoming board meeting on Feb 20")
Tata Motors to tie up with Microsoft to drive into the future
The two firms will work to make future proof cars; move will help Tata's Make in India initiative
 "Tata Motors to tie up with Microsoft to drive into the future")
SBI merger could spill over to next financial year
Consolidation of books to take 30 days from announcement of merger date
 "SBI merger could spill over to next financial year")
Birla Sun Life Short Term Fund: A long track record of strong performance
Birla Sun Life Short Term Fund is constantly ranked in the top 30 percentile
 "Birla Sun Life Short Term Fund: A long track record of strong performance")
SAIL revival hinges on cost tightening
While operating performance could improve, it may not be enough to help SAIL turn profitable
 "SAIL revival hinges on cost tightening")
Growth, margin concerns emerge for Voltas
The 39% rise in net profit to Rs 80 cr was due to higher other income, not strong revenue growth
 "Growth, margin concerns emerge for Voltas")
Aurobindo fights US pricing pressure
New products, cranking up volumes among key steps
 "Aurobindo fights US pricing pressure")
Key Sun Pharma drugs to bid Halol goodbye
Halol plant is key for Sun Pharma and contributed in high single digits to its US sales
 "Key Sun Pharma drugs to bid Halol goodbye")
Data is the new oil; Trump a blessing for India: Mukesh Ambani
While explaining how technology is impacting several businesses, he gave example of use of Aadhaar
BS-IV norms: Rajiv Bajaj says call for deadline extension illogical
Bajaj Auto blasted the automobile industry's call for deferring the new emission norms
 "BS-IV norms: Rajiv Bajaj says call for deadline extension illogical")
DLF profit down 46% in December quarter
DLF said sales would continue to be muted for some quarters
 "DLF profit down 46% in December quarter")
Adex growth will be buoyant in 2017, says Pitch Madison Report
Pitch Madison says advertising expenditure will grow 13.5% this calendar year
 "Adex growth will be buoyant in 2017, says Pitch Madison Report")