Page 5139 - Company News
Appoint interim chairman to talk to Infosys founders: Ex-CFO V Balakrishnan
Balakrishnan added that disclosure levels at Infosys were 'very bad' on the large severance payments
 "Appoint interim chairman to talk to Infosys founders: Ex-CFO V Balakrishnan")
Mohandas Pai urges investors to question Infosys cap allocation policy
About the huge cash pile on the company's books and governance issues
 "Mohandas Pai urges investors to question Infosys cap allocation policy")
Jugnoo ventures into taxi aggregation business amidst Ola-Uber strike
The rates offered by Jugnoo cab services are expected to be higher than current operators
 "Jugnoo ventures into taxi aggregation business amidst Ola-Uber strike")
Further anti-dumping duty extension detrimental for SMEs: EEPC
Govt has extended anti-dumping duty by two months on certain cold-rolled flat steel products
 "Further anti-dumping duty extension detrimental for SMEs: EEPC")
Super sports cars sales growth to continue in 2017: Lamborghini
There were more first generation entrepreneurs buying Lamborghini cars
 "Super sports cars sales growth to continue in 2017: Lamborghini")
Lupin eyes launch of 25 products in the US in FY18
It now has a portfolio of 128 generic products in the US market
 "Lupin eyes launch of 25 products in the US in FY18")
Jan sees 3-fold rise in M&As amid increasing consolidation
Going forward, the deal value is expected to stay positive
 "Jan sees 3-fold rise in M&As amid increasing consolidation")
CBI files FIR against Best & Crompton Engineering Projects Ltd
The FIR has been registered on the basis of a complaint from Andhra Bank
 "CBI files FIR against Best & Crompton Engineering Projects Ltd")
Housing sales fell 40% in Nov-Dec on demonetisation: PropTiger
As customers deferred their decision to buy homes on the expectation of fall in prices
 "Housing sales fell 40% in Nov-Dec on demonetisation: PropTiger")
3 of 10 most valued cos add Rs 40,438 cr to m-cap; TCS biggest gainer
On the other hand, ONGC's valuation plunged Rs 9,689.09 crore to Rs 2,48,194.77 crore
 "3 of 10 most valued cos add Rs 40,438 cr to m-cap; TCS biggest gainer")
ONGC's $2.4-bn Mozambique deal under scanner; may have overpaid $200 mn
Presently, OVL has a 16 per cent stake in Offshore Area 1
 "ONGC's $2.4-bn Mozambique deal under scanner; may have overpaid $200 mn")
Sharp ARPU fall makes consolidation look real in telecom
Talk of consolidation is partly due to Reliance Jio, which started a price war with its tariffs
 "Sharp ARPU fall makes consolidation look real in telecom")
KVIC sends legal notice to Fabindia for using Khadi brand name
Fabindia to clarify position in 15 days from receipt of notice; KVIC alleges unfair trade practices
 "KVIC sends legal notice to Fabindia for using Khadi brand name")
Forget busy London, fly to other cities, says UK minister
Suggests connections to Manchester, Glasgow and Birmingham, as Heathrow slots are very hard to get
 "Forget busy London, fly to other cities, says UK minister")
Cofco Agri plans to expand branded edible oils portfolio in India next year
Could launch premium cotton seed, mustard and sunflower oils; expects 30 per cent rise in turnover
 "Cofco Agri plans to expand branded edible oils portfolio in India next year")
Torrent Pharma turns around Brazil business with 25% revenue jump
In 2015-16, the company's revenue in Brazil had declined 17% to Rs 506 crore
 "Torrent Pharma turns around Brazil business with 25% revenue jump")
Ashok Leyland eyes a third of ICV market share
Focus also on expanding international footprint to mitigate risk from cyclic nature of CV market
 "Ashok Leyland eyes a third of ICV market share")
Drug makers seek removal from patent watch list
Pharma body moves USTR, says no cases of compulsory licensing or patent revocation in last two years
 "Drug makers seek removal from patent watch list")
Japan's green card norm boost for IT
Japan accounts for 2% of the nearly $110-billion IT services export revenue of Indian companies
 "Japan's green card norm boost for IT")
Jio effect: Reliance Communications registers Q3 net loss at Rs 531 cr
The company had posted net profit of Rs 303 crore in the same period a year ago
 "Jio effect: Reliance Communications registers Q3 net loss at Rs 531 cr")