Page 6487 - Company News

Infosys inducts Roopa Kudva into board as independent director

With her appointment, Infosys's board will have 10 members, including 8 independent directors.

Bombay HC vacates status quo order on FTIL-NSEL merger

Allows govt to issue final order in 10 weeks after hearing from all concerned; says no stay on FTIL selling assets

Luxury realty had hit a low in 2014

From Jan-Nov 2014, the launch of new units in the price bracket of Rs 10-30 cr dipped by 66% in Delhi NCR and by 33% in Mumbai Metropolitan Region

Jain Housing raises Rs 240 crore from Singapore-based GIC

The company is looking at diluting stake in projects for fund raising

Vedanta bid for 14 blocks; Birla, Adani, Jindal also in fray

The Gare Palma IV/7 block in Chhattisgarh with extractable reserves of 56.62 million tonnes was the most sought-after block

MasterCard ramps up India operations

The company plans to have 1,500 people in tech hub

Why BP's KG D6 write-off does not matter

The entire amount written off is not account of lower production and lower estimates of future production

SpiceJet future 'now looks secure': Sanjiv Kapoor

Says the difficult period created by some 'legacy issues' are over for the carrier

Infosys takes Crisil head Roopa on board

Kudva also worked with Crisil's parent firm Standard & Poor's at Paris in France as director for financial institutions' ratings

RIL raises $750 mn from overseas market

RIL had on January 22 raised $1 billion by selling 10-year bonds at an interest rate of 4.125 per cent

Abu Dhabi Tourism sets eyes on smaller Indian cities

Abu Dhabi Tourism and Culture Authority has planned a series of promotional events and workshops in Chandigarh, Lucknow and Kolkata

Air-conditioner makers lose cool over smartphone challenge

Blue Star says many households are spending disposable income on trendy gadgets than consumer durables

Honda plans 15 new launches in FY16, eyes 50 lakh units a year

Company launched a new version of its flagship scooter model Activa priced at Rs 48,852

Madura Fashion looks to strengthen online sales through exclusive e-commerce portal

Buoyed by the online boom, company looks to replicate traditional retail model by having exclusive e-commerce store as well as selling through other marketplaces

Dr Reddy's to expand capacity of manufacturing units in Telangana

Company plans to spend Rs 1,000 crore towards capex during the current financial year

Securitisation can provide funds for housing, infra: Moody's

Securitisation is a process of creating a financial instrument by combining other financial assets and then marketing different tiers of the repackaged instruments to investors

Another discounted ticket scheme by SpiceJet

The bookings for the three day offer, "We love you with all our heart," commences today, SpiceJet said in a release

Puravankara Projects to foray back into Mumbai realty market

Company has struck a deal with Maharashtra Steel Rolling Mills (MSRM) to develop a residential project

AMT technology on small commercial vehicles soon

So far only Ashok Leyland has launched an AMT-enabled vehicle

Will source some auto components from domestic suppliers: BMW India

With the addition of the partners, the level of localisation at the company's Chennai plant will increase to about 50%, said the company