COMPANIES NEWS - Page 195

Kia Motors’ Anantapur factory to start frame installation from today

February 22, 2018 01:52 IST

The company had entered into an memorandum of undertaking with the Government of Andhra Pradesh on April 20, 2017, to produce three lakh vehicles a year with an investment of Rs 13,000 crore.

Iran aims to buy Airbus jets before sanctions window closes: Official

Airbus engine issue: P&W releases revised configuration as solution

February 22, 2018 01:43 IST

The Connecticut-based engine manufacturer said this solution has received all necessary regulatory approvals.

No new laws needed for good corporate governance: Adi Godrej

February 21, 2018 20:14 IST

Asking the corporate houses to be transparent, Godrej said that they should promote the long-term goal of the company and not necessary the stakeholders.

Idea Cellular qualified institutional placement

Idea fixes Rs 82.50/share to raise Rs 3,500 crore via QIP

February 21, 2018 14:43 IST

Birla TMT, Elaine Investments, Oriana Investments -- the controlling shareholders of Idea Cellular -- have recently invested Rs 3,250 crore to strengthen the company's balance sheet prior the planned merger with Vodafone India.

Adani Group will invest Rs 35,000 crore in Uttar Pradesh

February 21, 2018 12:59 IST

Speaking at the inaugural session of the Investors Summit- 2018 here, Adani said energy, logistics, solar power, roads and agriculture are among the core sectors in which his group is working and showed interest in investing in these fields.

26th GST Council meet postponed; likely to take place on March 10

February 21, 2018 02:19 IST

“Some states expressed that they have regional holiday on March 1 for Holi. So it’s been deferred from March 1. Most likely it will be held on March 10,” an official said.

coronavirus india, india lockdown, coronavirus impact india, gautam adani, gautam adani on india coronavirus

Customs appeals DRI adjudicating authority’s clean chit to Adani power firms on value of importsSubscriber Only

February 20, 2018 13:03 IST

According to the DRI, the total over-valuation by the Adani firms in the two DRI cases is worth Rs 5,467 crore.

Dr reddy's,Dr Reddy's Laboratories, Dr Reddy's lawsuit, Dr Reddy's action suit

DRL chief Satish Reddy, COO Abhijit Mukherjee added as defendants in US suit

February 20, 2018 01:50 IST

Company sources reiterated that this was an ongoing case and there was no merit in the allegations.

mumbai pune travel, maharashtra hyperloop, mumbai pune hyperloop travel, hyperloop technology, maharashtra chief minister, devendra fadnavis

Hyperloop to venture into Maharashtra, reduce Mumbai-Pune travel time to 25 minutes

February 19, 2018 07:44 IST

The Richard Branson-led Virgin Group on Sunday signed a framework agreement with Maharashtra to build a hyperloop transportation system between Mumbai and Pune during the Magnetic Maharashtra investor summit.

While LIC increased its holding in 56 companies listed at NSE in the quarter ended December 2017, it reduced its holding in 78 companies.

LIC equity holding crosses 6 lakh crore for 1st time ever as market risesSubscriber Only

February 18, 2018 06:45 IST

Even as LIC’s gains in value of portfolio is mostly on account of rise in markets (as its overall holding percentage has come down), in the quarter ended December 2017 LIC held more than 1 per cent stake in 327 companie

LIC posts 11.47% jump in premium income to 2.23 lakh crore

February 17, 2018 03:22 IST

New business performance by the corporation for nine months ended December 2017 has shown an impressive growth of 19.47 per cent with its first year premium netting Rs 99,783.33 crore.

Flipkart-Walmart deal: Tax dept expects details from Walmart in a fortnight

Heat on Amazon as Walmart could be looking to pick up 40% stake in Flipkart

February 16, 2018 14:25 IST

Terms under discussion were not immediately available, but Flipkart would be valued at more than the $12 billion figure given when Japan's SoftBank Group Corp's Vision Fund took roughly a fifth of the firm last year for $2.5 billion, they added.

ONGC plans to procure heli ambulanceSubscriber Only

February 16, 2018 03:46 IST

ONGC has off-shore operations in the western region of Mumbai and the eastern section of Rajahmundry in Andhra Pradesh. It has to rely on the aircraft provided by chopper companies to provide medical aid.