Page 5171 - Company News
Govt should lower corporate tax rate to 18%: CII
The current corporate tax rate works out to be 30 per cent plus cess and surcharge
 "Govt should lower corporate tax rate to 18%: CII")
Coke, Pepsi could bear brunt of Jallikattu protests
They stand to lose about Rs 1,400 crore in sales this summer as protesters make them the fall guy
 "Coke, Pepsi could bear brunt of Jallikattu protests")
H1B overhaul: IT cos see costs rise, dearth of skilled workers
MEA has said India's concerns on the issue have been conveyed both to the US administration
Honda to recall over 41,000 cars in India over faulty airbag
Of the 41,580 units being recalled, 32,456 units are City, 7,265 Jazz, 1,200 Civic and 659 Accord
 "Honda to recall over 41,000 cars in India over faulty airbag")
UK overtakes US as the largest market for Firstsource
In Q3, UK contributed 37.6% to its Rs 885.4 crore topline while operations in USA contributed 56.2%
 "UK overtakes US as the largest market for Firstsource")
Kansai Nerolac Q3 net profit jumps 44% to Rs 124 cr
The company had reported a net profit of Rs 86.08 crore in the year-ago period
 "Kansai Nerolac Q3 net profit jumps 44% to Rs 124 cr")
NLC to buy back 9% shares for Rs 1,491 crore
The shares will be bought through a tender offer as prescribed under the Buyback Regulations
 "NLC to buy back 9% shares for Rs 1,491 crore")
Dish TV Q3 PAT down 61% at Rs 26.7 cr
Revenue growth slows as subscriber addition becomes a challenge in light of demonetisation
 "Dish TV Q3 PAT down 61% at Rs 26.7 cr")
Natco partner clears one patent hurdle for US generic launch
This is for the generic version of a popular drug for multiple sclerosis, Copaxone 40 mg
Consolidation of telecoms should not be forced by unfair means: Airtel
Post Vodafone-Idea merger, the combined entity would become the largest operator in the country
 "Consolidation of telecoms should not be forced by unfair means: Airtel")
Centre gets more time to decide on extension of Cairn's Barmer PSC
Firm wants current PSC to last till 2030, has moved court over govt delay in decision on the matter
 "Centre gets more time to decide on extension of Cairn's Barmer PSC")
Here are the 25 biggest H1B sponsors of 2016
The 2017 H1B Report is a decent indicator of how the Indian IT and American IT companies were placed
 "Here are the 25 biggest H1B sponsors of 2016")
Honda recalls 41,580 cars across various models in India
The recall is part of the Japanese auto major's global exercise to rectify faulty airbags
 "Honda recalls 41,580 cars across various models in India")
NCLT clears way for Tata Sons to hold EGM on Feb 6
Lawyer for Mistry companies sought adjournment and NCLT deferred the hearing till Feb 13
 "NCLT clears way for Tata Sons to hold EGM on Feb 6")
Vodafone-Idea merger could speed up consolidation of telecoms
Jio's entry has forced players to offer cheaper plans, cutting deeply into their profits
 "Vodafone-Idea merger could speed up consolidation of telecoms")
Realty prices will fall further, says Economic Survey
Says note ban hit property sales hard in last two months; makes a case for bringing realty under GST
 "Realty prices will fall further, says Economic Survey")
Vedanta moves Delhi HC against retrospective contributions to DMF
Interim relief provided earlier to BALCO, extended till February 14
 "Vedanta moves Delhi HC against retrospective contributions to DMF")
Dabur India Q3 net down 7.5% to Rs 293.76 crore
Company had posted a net profit of Rs 317.58 cr in Oct-Dec period of 2015, Dabur India said
 "Dabur India Q3 net down 7.5% to Rs 293.76 crore")
Labour, tax reforms to boost apparel, leather sectors: Economic Survey
The two sectors are eminently suitable for generating jobs that are formal and productive
 "Labour, tax reforms to boost apparel, leather sectors: Economic Survey")
NMDC FY17 realisations to take a hit due to iron ore glut
As on July 2016, ore stockpiles at mines in Odisha and Jharkhand stood at 145 mn tonne, up 12% y-o-y
 "NMDC FY17 realisations to take a hit due to iron ore glut")