Page 5178 - Company News
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")
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")