Page 6485 - Company News

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

Fidelity India invests $10 mn in Greenlight

The company has sold over 3 million of its Sun King solar light and energy devices to off-grid homes in 30 countries

VCs' new mantra: Catch 'em young

Venture Capital firms are trying to invest very early in start-ups as competition increases to get in at the seed-stage

Shanghvi springs a surprise with payments bank bid

Shanghvi's flagship firm, is at the forefront of his business, with record profits and growth

Jaguar Land Rover marks first sales fall in 5 years

Last time the two British luxury brands posted a quarterly fall was in the July-Sept quarter in 2009-10, a little over a year after Tata Motors bought them from Ford Motor Company

Mumbai International Airport aims 50 mn passengers by 2019

Mumbai International airport plans to grow its cargo and duty-free sale revenue

Twitter to set up R&D facility in Bangalore

According to a report in the Financial Times, the move is a part of the company's wider plans of accelerating its growth in emerging markets

Salaries of top execs will see double-digit rise in FY15: Hay Group

A positive economic outlook and a stable government, believe organisations, will help their businesses do better

Aditya Birla group's market value rises 50% as investors ignore bad news

Group fights back allegations of irregularities in coal allotment, cash transactions

Truck rentals refuse to match diesel price fall

Commercial vehicle sector has retained most of the benefit of lower fuel cost to cover the rise in other costs

Telcos' payments banks eye Rs 14k cr of transaction fees

Plan to take on India Post, informal channels by charging lower rates

'India story has to be a marathon, not sprint'

On the coming Budget, Kotak said he hoped the vision of India and the road map for the next five years would be part of it

Haldia Petrochemicals resumes commercial output after 6 months

The restart was possible after one of the principal lenders, SBI, sanctioned Rs 350 cr as working capital loan into the ailing petrochemical plant

Manoj Kohli resigns from Bharti Airtel board

Soon, you can punch in your Aadhaar number to get a SIM card

Project approved for testing; however, home ministry and IB have long had reservations on proposal, for security concerns

Steel sector set for a major boost through PSU investment

Government aims to take India's steel production to 300 million tonnes by 2025

LIC bets heavily on PSU stocks

Stake in private companies declines to 3.9% from 4.6% in Dec 2011 and rises in govt firms from 4.4% to 7%; says these are all entity-specific decisions, for the long term