Page 6484 - Company News

Emami hopes for fair growth with buying spree

Defying slowdown, it has made three acquisitions in the past six months with the aim of becoming a Rs 5,000-crore company in five years

HAL bags Rs 1,090 cr defence contract

Chairman T Suvarna Raju says contract includes six reserve engines, one flight simulator and associated equipment

RCom, Avaya ink Rs 500-cr customer care ops upgrade deal

Sources said that about 500 people have been moved to the payrolls of Avaya as part of the process

40 years ago...And now: Prestige expands but with caution

It has had to bring back its popular tagline, expand beyond south India to make its diversification work

Mark Fields to make first India visit after taking over as Ford global CEO

He will be here in March; Ford Figo sedan launch likely around July, Figo hatch next

BSNL to make profits again by 2018-19 with a focus on data services

BSNL making losses mainly from deprecation of assets and administrative costs, which account for 55% of total revenues

Huawei sets up its biggest R&D unit outside China in Bengaluru

With an investment of $170 mn, this is a first R&D centre by a Chinese company in India

Huawei launches R&D centre in Bengaluru

The campus, being the first by any Chinese company, has a capacity to accommodate 5,000 engineers

General Atlantic plans to exit IBS Software through US listing

General Atlantic made one of the largest exits in 2014 after selling half its stake in IndusInd Bank for $125 mn

CERC takes a call on sharing of customer information with credit utility cos

The electricity regulator could engage with RBI directly for further clarifications before submission of final report to forum of regulators

Petronet in race to build LNG terminal in Bangladesh

The terminal will have a capacity of 2.5 to 5 million tonne per annum

JLR officials in US to discuss new plant

The auto major is fast exhausting production capacity at its UK plants thanks to robust demand

Ford opens Vehicle Personalisation Centre near Chennai

The new facility will be the first such Ford-operated unit in Asia Pacific region

Ramco Cements expects grinding unit in Vizag to be commissioned in April 2015

There has been a delay in the implementation of the project due to Cyclone Hudhud

Alibaba's Ant Financial to take 25% stake in One97

One97 Communications runs the Paytm online payment platform

Posco needs to bid for mining lease; Khandadhar closed chapter

Odisha has promised Posco the Khandadhar iron ore mine, but allocation never happened due to delays in regulatory approvals

President of Intel Corp meets PM, offers support for Digital India

In the past several technology honchos have met the Prime Minister offering support for various technology related government initiatives

Orange eyes Bharti's African assets to create "Orange Africa"

But is is less interested in Bharti's assets in English-speaking African countries

Subrata Roy's get-out-of-jail deal is mired in mystery

Details about Saransh Sharma's past, Bank of America's assertion that it has nothing to do with the deal could thwart Sahara's efforts to free Roy

Australia state poll, reef risks cast shadow over Adani, GVK ventures

In policy reversal, Austrlian govt has ruled out asset sales or using taxpayer cash for a coal rail line