Page 5166 - Company News
MTNL borrowing money to meet day-to-day expenses: Manoj Sinha
Debt on MTNL reached Rs 19,418.23 cr at Dec 31, 2016 end, from Rs 11,542.3 cr in 2012-13, Sinha said
 "MTNL borrowing money to meet day-to-day expenses: Manoj Sinha")
Trai imposed Rs 11 crore penalty on telcos for poor service: Govt
Trai imposed Rs 3 cr penalty on Aircel for not meeting set quality parameters for 2G service
 "Trai imposed Rs 11 crore penalty on telcos for poor service: Govt")
NCLAT dismisses Mistry's plea against Tata Sons' Feb 6 shareholder meet
NCLAT refused to grant any relief to Mistry on Tata Sons holding EGM on February 6
 "NCLAT dismisses Mistry's plea against Tata Sons' Feb 6 shareholder meet")
Will not sell BCPL, HAL to foreign companies: Govt
On the other hand, Minister says, closure of IDPL and RDPL will not affect domestic capacities
 "Will not sell BCPL, HAL to foreign companies: Govt")
IT sector has a total revenue of Rs 8.4 lakh cr: Govt
Number of professionals employed in the sector is projected to grow to 43 lakh by 2019
 "IT sector has a total revenue of Rs 8.4 lakh cr: Govt")
DGCA finds 422 air safety violations in 2016
DGCA said 272 pilots including crew members were suspended in 2016
 "DGCA finds 422 air safety violations in 2016")
Spanish firm to facilitate 2,500 MW renewable power in Andhra Pradesh
An investment of Rs 17,500 cr will be made
 "Spanish firm to facilitate 2,500 MW renewable power in Andhra Pradesh")
Pricol eyes Rs 220 crore in annual revenue from its new Pune facility
The company, however, did not disclose investment details
 "Pricol eyes Rs 220 crore in annual revenue from its new Pune facility")
India Inc's CSR spending crosses Rs 18,600 cr in two years
Of the total amount, 4,925 private firms incurred CSR expenses of Rs 6,462.10 cr
 "India Inc's CSR spending crosses Rs 18,600 cr in two years")
Apple to begin iPhone production in Bengaluru by April
While an official agreement is yet to be signed, Apple supplier Wistron has started preparations
 "Apple to begin iPhone production in Bengaluru by April")
Sun TV stock up by 26% after Maran brothers discharged in Aircel-Maxis case
Dayanidhi Maran says CBI filed case without any evidence
 "Sun TV stock up by 26% after Maran brothers discharged in Aircel-Maxis case")
India Inc jittery as tax officials get more power
Govt intends to amend I-T Act to give more power to assessing officer in cases of search and seizure
 "India Inc jittery as tax officials get more power")
FMCG expects demand recovery in FY18
Poor volume growth in the sector has been a major roadblock for most consumer goods company
 "FMCG expects demand recovery in FY18")
Indian IT firms to meet Trump officials on H-1B visa reform concerns
Bill seeking to double salary paid to H-1B visa holders to increase costs for cos employing them
 "Indian IT firms to meet Trump officials on H-1B visa reform concerns")
Carmakers might override speed bumps of note ban
Likely to race to double-digit growth in FY17
 "Carmakers might override speed bumps of note ban")
Realtors line up with projects
Buoyed by Budget, Tatas, Shapoorji Pallonji, Puravankara to launch more affordable housing projects
 "Realtors line up with projects")
Cheap housing push to boost micro finance in sector
MFI mostly serves people who work in informal sector and hail from middle- and low-income groups
 "Cheap housing push to boost micro finance in sector")
Govt counts on mergers and IPOs
Target of Rs 72,500 crore for FY17 is highest for any year
 "Govt counts on mergers and IPOs")
Cyrus Mistry aide Madhu Kannan joins Uber
Kannan will be responsible for growing Uber's business in India and across Asia Pacific region
 "Cyrus Mistry aide Madhu Kannan joins Uber")
Uber defies Karnataka government on ride share
Recently, the state transport department directed Uber and Ola to stop their ride sharing services
 "Uber defies Karnataka government on ride share")