Page 5162 - Company News

Utilisation of gold refineries shrinking due to lack of scrap gold

Less than 400 tonnes of gold are being refined a year, against all-India capacity of 1,700 tonnes

Nirmala Sitharaman to hold meeting with industry on US visa issue soon

She adds, India is closely monitoring developments and is constantly in touch with officials in US

Can't accept policy on app-based cab aggregators as it is: Govt to Delhi HC

AAP govt adds that it is in the process of formulating its own norms in this regard

No decision yet on Apple's demand for concessions, says DIPP

He clarifies that the government does not take any policy decision for a particular company

Uber launches hourly cab rental service UberHIRE; cash-only option for now

UberHIRE will not attract surge pricing; base fare for the service set at Rs 449 to Rs 649

Biological E to invest Rs 300 crore on new vaccines plant

The new plant will come up at a special economic zone

Foodtech industry grew 150% with $300-million sales volume in 2016: Report

Growth occurred despite online food delivery industry experiencing many roadblocks in 2016

Snapdeal to make profit in two years, says CEO Kunal Bahl

As the company takes steps to cut costs & boost efficiency in a highly competitive e-commerce market

After Kota and Bharatpur, CESC expands power distribution to Bikaner

Bikaner franchise is spread over 155 sq km and has 142,000 consumers, with a peak load of 130 Mw

ONGC's Rs 78,000 crore investment seen as credit negative: Moody's

Moody's said investments will lead to upfront increase in leverage and involve long gestation period

Micromax plans to raise Rs 510-680 cr in next 12 to 18 months

The handset maker had set up a corpus of Rs 2,700 cr in 2014 and has since invested in 10 firms

Hyundai launches updated Grand i10 at Rs 4.58 lakh

Petrol variants to cost up to Rs 6.82 lakh; diesel ones to cost Rs 7.32 lakh at the max

Reliance Aerostructure's joint venture with Dassault Aviation gets CCI nod

RAL will have 51% shareholding in the JV while Dassault Aviation will hold 49%

Budget proposal for new rail lines to boost SAIL's order book

The state-run steel maker is the sole supplier of rails to the Indian Railways

Note ban and the contrasting tale of two cement players, ACC and UltraTech

ACC's volumes & financial numbers bore the brunt of demonetisation, Ultratech was largely unscathed

FMCG players expect growth to return in FY18: GCPL

Last week, GCPL had reported 4.34% fall in third quarter consolidated profit to Rs 351.78 crore

KPTL bags new orders worth Rs 823 crore

It has bagged transmission line construction project in W.Africa worth approximately Rs 737 cr

Blackstone to buy $250-mn stake in Raheja rental arm

PE behemoth beats Warburg Pincus, Temasek for 15%

Officer's Choice makes its way to Harvard case study list

Lists importance of right marketing strategy using customer insights in brand reinvention exercise

Cement majors to move Tribunal against CCI order

CCI imposed fine of Rs 205.73 cr on all 7 cos for allegedly quoting higher rates than existing rates