Page 5176 - Company News
Holiday meeting led to hasty sanction of Rs 350 cr to Kingfisher Airlines
The total loan sanctioned and disbursed by IDBI was Rs 860.92 crore
 "Holiday meeting led to hasty sanction of Rs 350 cr to Kingfisher Airlines")
R-Infra looks for refinance options on Mumbai Metro
Project cost during its development stage surged to Rs 4,026 cr, of which debt is around Rs 1,900 cr
 "R-Infra looks for refinance options on Mumbai Metro")
Consolidation likely among gold refineries
Lack of scrap collection coupled with increase in import duty on dore hit domestic refineries hard
 "Consolidation likely among gold refineries")
Indian IT sector braces for impact of Donald Trump's immigration order
Indian IT is keenly watching for Trump's directions on H1-B visa norms
 "Indian IT sector braces for impact of Donald Trump's immigration order")
A platform for delivering content and learning
Learntron has developed a platform which can be used by any school, institution or company
 "A platform for delivering content and learning")
125-150cc segment vrooms ahead of others in bike market
The overall motorcycle market has grown about 6% so far during FY17 to 8.5 million units
 "125-150cc segment vrooms ahead of others in bike market")
Patanjali pulls FMCG firms to herbal space
Small and big companies line up to try and cash in on the burgeoning market
 "Patanjali pulls FMCG firms to herbal space")
Trump's policy won't hit Indian IT, pharma: H N Ananth Kumar
IT industry body Nasscom has been wary of Trump's statement on visa issues
 "Trump's policy won't hit Indian IT, pharma: H N Ananth Kumar")
DLF Noida mall in CBRE list of 22 best global retail projects
In April last year, DLF formally opened its 2 million sq ft shopping mall in Noida
 "DLF Noida mall in CBRE list of 22 best global retail projects")
Over 530 companies may face action for CSR norm violations
Collectively, 3,139 companies have spent a total of Rs 8,803 crore on various CSR initiatives
 "Over 530 companies may face action for CSR norm violations")
Maruti Suzuki discontinues sale of lower variants of S-Cross
S-Cross, the first model from the stable of MSI to be sold through its premium retail chain NEXA
 "Maruti Suzuki discontinues sale of lower variants of S-Cross")
Low demand, 60-70% production jump in capacity poses challenge: SAIL
The production is growing almost 7-8% but demand is growing by 3%, says Chairman P K Singh
 "Low demand, 60-70% production jump in capacity poses challenge: SAIL")
Volkswagen recalls nearly 600,000 Audis in US
US recall comes after a series of incidents in China and Israel in 2016
 "Volkswagen recalls nearly 600,000 Audis in US")
Unitech asked to refund Rs 3.33 cr for delay in handing over flat
Unitech argued that the delay was due to agitation by farmers and shortage of labour
 "Unitech asked to refund Rs 3.33 cr for delay in handing over flat")
Jewellery chains in expansion drive
The industry expects demonetisation to drive jewellery demand towards the organised sector
 "Jewellery chains in expansion drive")
Bengal govt eyes liquor supply biz
IMFL distributors ask for a full financial year prior to takeover so that loans can be repaid
 "Bengal govt eyes liquor supply biz")
Fertiliser stocks rally on Rs 10,000-cr subsidy payout
The Fertiliser Ministry sought Rs 20,000 cr from the Finance Ministry to clear the pending dues
 "Fertiliser stocks rally on Rs 10,000-cr subsidy payout")
Call for Industry 4.0 adoption to catapult manufacturing
This can be the fulcrum to catapult Indian manufacturing and thus make India a truly global hub
 "Call for Industry 4.0 adoption to catapult manufacturing")
Sivasankaran's cab service to roll out in three cities
The Chennai-based start-up is competing with taxi aggregator majors Uber and Ola
 "Sivasankaran's cab service to roll out in three cities")
IDG Ventures set to launch $200-mn fund
Fund to focus primarily on Series A/B investments in technology and tech-enabled companies
 "IDG Ventures set to launch $200-mn fund")