Page 6482 - Company News

FTIL's plea to stay FMC order rejected by SC

FMC recently deemed FTIL as not fit and proper to hold stakes in any exchange after the NSEL crisis

Odisha to seek iron ore lease for Posco citing global commitment

A provision of lease grant on auction basis has been introduced in the newly-introduced MMDR Amendment Ordinance 2015

TVS Motors to launch two bikes in 2015-16 fiscal

The new launches include Victor and a high-power premium bike, according to the company

Liberty footwear ties up with Disney for launching Avenger animation series

Company feels that tie-up would generate confidence amongst customers and help the brand in the longer run

Kellton Tech eyes $100 mn revenue, to raise $25 mn by next fiscal

The firm plans to acquire at least two firms of $10 million each in both the US and India

India Cements to consider revamp of proposed subsidiary CSK

Company has completed required documentation for transfer of the IPL franchisee to a wholly-owned subsidiary

Manoj Kohli continues to lead all non-telecom business of Bharti

Kohli resigned from board of Bharti Airtel as a non-executive director, marking his formal exit from telecom business

Tech Mahindra's bid for payment bank licence part of its overall digital strategy

Company is already in the mobile payment segment

Zydus to make presentation on Saroglitazar at Keystone Symposium

Saroglitazar has demonstrated good efficacy in animal models of NASH, along with associated biomarkers

RIL doubles average life of its debt to 7.5 yrs

Company is in midst of its largest ever capex programme of over $30 billion across refinery, petrochemicals and the telecom 4G rollout

SpiceJet reports 'good' beginning in its SME scheme

Says 5,000 customers, mainly from the southern region, have registered under the 'SME traveller' platform

Audi India expects double digit growth this year

Company expects the market to grow by 6 to 7%

Tata Communications signs $20 million deal with KION Group

The deal is to provide global wide area network services to the group's 330 sites across 30 countries

Strong rupee puts revenues, margins of IT firms at risk

Analysts factor in 200-300-basis point impact on sales in FY16

After dull 2014, developers to double office space supply in 2015

Top six cities expected to add 42.2 mn square feet of office space this year

Odisha asks Centre to honour international commitment on Posco

State unhappy with Union Minister Narendra Singh Tomar's statement that steel major too must bid for mining lease

Titan has 60-65% market share in wrist watch segment

Firm launches its first integrated store in Bhopal, offering watches and eyecare products under one roof

Warren Tea acquires 8.5% stake in Pressman Advertising

Picks up two million shares for Rs 7 crore

India among top 3 nations generating most billionaires

Mukesh Ambani with a wealth of Rs 1.2 lakh cr tops the list in country, followed by Dilip Shanghvi of Sun Pharma with an estimated wealth of Rs 1.02 lakh cr

FreeCharge raises $80 million in Series-C funding

FreeCharge is a mobile commerce platform where users can pay their mobile, DTH and utility payments