Page 6494 - Company News
From two laptops to Tata's mentorship, lives of cardekho.com's founders come full circle
The Jain brothers' $300 mn-worth Girnar Software has really humble roots
 "From two laptops to Tata's mentorship, lives of cardekho.com's founders come full circle")
GE among companies lured by subsidy for electronics push
The govt has received at least 60 applications, with about half of them approved, for a subsidy of about 25% on capital investment
Kesoram Industries to hive off its Haridwar unit
Hiving off the tyre plant to a subsidiary will help the monetisation exercise and increase the company's net worth
 "Kesoram Industries to hive off its Haridwar unit")
IT services growth rate moderate for FY16
Survey predicts information technology sector will grow at 11.5 per cent in FY15, lower than Nasscom's estimate of 13-15 per cent
 "IT services growth rate moderate for FY16")
Ratan Tata's mentorship role for e-commerce ventures grows
Works with Kalaari Capital to guide founders, takes stake in auto sales portal
 "Ratan Tata's mentorship role for e-commerce ventures grows")
RIL tells employees Swiss bank account legal
RIL, with over Rs 300,000 cr of export turnover, has branches and associate companies in over 100 countries
 "RIL tells employees Swiss bank account legal")
Oil sector staring at Rs 16,000 crore inventory losses: Crisil
Says a substantial share of the losses will be borne by refiners
 "Oil sector staring at Rs 16,000 crore inventory losses: Crisil")
 "DLF comes under antitrust scanner again")
Alibaba may enter Indian e-commerce soon, Jack Ma to visit this year
Alibaba's chairman, Jack Ma, is set to visit in August or September to raise the firm's presence in India e-commerce market
 "Alibaba may enter Indian e-commerce soon, Jack Ma to visit this year")
NMDC's price cut fails to cheer steel makers
Despite 11% reduction, NMDC's iron ore is 53% higher than the private miners in Odisha
 "NMDC's price cut fails to cheer steel makers")
L&T disappoints on many counts
Profit up just 8.8%; order growth guidance lowered to 15-20%, leading to a 6.6% fall in share price
 "L&T disappoints on many counts")
US recovery hopes propel Wockhardt
Resolution of FDA observations on Morton Groves facility a boost
 "US recovery hopes propel Wockhardt")
L&T: Slow execution, margins mar Q3 show
Infra segment margins decline 140 bps, order inflow forecast cut
Honda to start operations in fourth facility in 2016
New unitto cost Rs 1,100 cr; company plans to launch 650 cc bike assembled in the country
 "Honda to start operations in fourth facility in 2016")
Uninor to invest Rs 500 crore this year
Company preparing itself on how to participate in the 4G spectrum auction
 "Uninor to invest Rs 500 crore this year")
GVFL bags SEBI approval for Rs 600 crore MSME Fund
The fund aims to invest in MSMEs / startup companies across sectors in India
Zensar bags new deals worth Rs 190 cr in applications business
After the new broke out, the company's stock on BSE rose 3.5% to Rs 655