Page 5167 - Company News
Telecom data war helps Facebook grow in India
Jio launched in Sept last year kicked off a war with its offer of six months of free mobile data
 "Telecom data war helps Facebook grow in India")
Nickel import duty cut to make stainless steel cheaper by 2%
Stainless steel industry uses nickel upto 8% for manufacturing industrial & utensil grade materials
 "Nickel import duty cut to make stainless steel cheaper by 2%")
Key existing initiatives get a Budget boost
No significant changes in indirect taxes, which will be replaced by GST, says a PwC analysis
 "Key existing initiatives get a Budget boost")
Tax axe on firms with foreign debt
Interest payments in excess of 30% of Ebitda to foreign associates will lose tax exemption
 "Tax axe on firms with foreign debt")
Ravi Uppal: Core sector concerns ignored
Private sector investment in the core sector remains low and has declined over the last five years
Cyrus Mistry wants case moved to NCLAT
The firms, controlled by Mistry and his family, moved the appellate body
 "Cyrus Mistry wants case moved to NCLAT")
Medical device makers fear closure as new norms kick in
Notification mandates inspection of all Indian manufacturing units by drug controlling authorities
 "Medical device makers fear closure as new norms kick in")
Godrej Group gets Pirojsha as realty arm chairman
The company's chairman, Adi Godrej, will assume the chairman emeritus position at Godrej Properties
 "Godrej Group gets Pirojsha as realty arm chairman")
Pilani Investments bought 8.1 mn Idea shares before merger talks
Purchased in a dozen tranches ranging from 15,000 shares to 2.95 mn, these cost Rs 58.6 cr
 "Pilani Investments bought 8.1 mn Idea shares before merger talks")
Cummins in a sweet spot to capture growth
Dec quarter performance the best in recent times; higher infra allocation in Budget also positive
 "Cummins in a sweet spot to capture growth")
Tata Motors revamps strategy to regain market share
Plans two modular platforms and sub-brand TAMO for incubation
 "Tata Motors revamps strategy to regain market share")
Indian IT companies need to stop using H1-B visas: Narayana Murthy
The proposed overhaul of popular H-1B visa regime by Trump has raised concerns among the IT firms
 "Indian IT companies need to stop using H1-B visas: Narayana Murthy")
As cars become sophisticated, garages face tech challenge
Complex computer codes control dozens of functions in new vehicles
 "As cars become sophisticated, garages face tech challenge")
CV firms build inventory to meet likely demand surge this quarter
After a tough December quarter, they expect a better March quarter
 "CV firms build inventory to meet likely demand surge this quarter")
Aircel-Maxis case: ED to appeal against special court's discharge order
Earlier today, 2G court had acquitted the Maran brothers and other accused in the case
 "Aircel-Maxis case: ED to appeal against special court's discharge order")
In a joint venture, Ashok Leyland opens new assembling facility in Dhaka
The project is a collaboration between the company and IFAD Autos of Bangladesh
 "In a joint venture, Ashok Leyland opens new assembling facility in Dhaka")
Marginal dip seen in TVS Motor January sales
While Scooter sales grew by 12%, motorcycle sales down by 27 %
 "Marginal dip seen in TVS Motor January sales")
Adi Godrej chairman emeritus in major reshuffle at Godrej Properties
Pirojsha Godrej to be new executive chairman and Mohit Malhotra to be new MD and CEO
Adi Godrej chairman emeritus in major reshuffle at Godrej Properties
Pirojsha Godrej to take over as Executive Chairman
Airtel Payments Bank opens over 100,000 savings accounts in UP in 2 weeks
Official says, about 60% of these accounts have been opened in rural areas
 "Airtel Payments Bank opens over 100,000 savings accounts in UP in 2 weeks")