Journalism of Courage
COMPANIES NEWS - Page 201
SC to hear appeal of Unitech against NCLT order tomorrow
December 11, 2017 13:41 IST
The NCLT has recently invoked the provisions of the Companies Act and allowed the central government to take over the Unitech Limited and appoint its nominee directors in the Board of the firm.
Uber heads to court in fight for London survival
December 11, 2017 07:45 IST
Uber's lawyers will begin their appeal at Westminster Magistrates' Court on Monday, in what is expected to be a largely administrative hearing designed to set a date for a fuller hearing next year.
CBI books Apollo Pharmacy in cheating case
December 10, 2017 19:20 IST
The CBI has booked Apollo Pharmacy, a unit of Apollo Hospitals, in a case of cheating and corruption.
Home run after a run for their money
December 9, 2017 02:11 IST
FE's Best Banks Awards, the winners were picked by a high-powered jury chaired by S Ramadorai, helping them with the number work was the team from EY.
Sebi slaps Rs 10 lakh penalty on Tata Steel for disclosure delay
December 8, 2017 02:15 IST
Sebi said as per norms, while Tata Steel was required to make the disclosures in two working days, the firm did it belatedly only on July 2, 2012.
Toyota mulls price hike by up to 3 per cent from January
December 7, 2017 16:45 IST
Earlier this month, Isuzu had announced to increase prices of its models by up to Rs 1 lakh. Last month, Skoda Auto India announced that it will hike prices of its vehicles by 2-3 per cent across the entire model range from January 1.
Alibaba, Ford to cooperate in search for new retail opportunities
December 7, 2017 16:24 IST
Apart from selling Ford's range of cars on its Tmall online retail, Alibaba will work to explore cloud computing technologies.
Severance pay dispute: Infosys approaches Sebi to settle case
December 7, 2017 01:40 IST
“The settlement application pertains to matters relating to severance agreement entered into with the former CFO in October 2015,” said Infosys in a filing to the stock exchange.
NCLT stays proceedings against Monnet Ispat
December 6, 2017 01:56 IST
Monnet Ispat is among the 12 companies named by the Reserve Bank of India (RBI) in its first list of large loan defaulters to be referred to the NCLT.
Godrej bags order for 100 BrahMos supersonic missile airframes
December 6, 2017 01:51 IST
The first deliveries are expected to start from 2020, the company said, without disclosing the financial details of the order.
SoftBank in expansionist mode in India, but foreign talent under pressure
December 5, 2017 21:11 IST
Softbank's expansionist moves owed much to Nikesh Arora, its former president, who brought in a considerable foreign expertise and talent while helming the enterprise from October 2014 till June 21, 2016.
Online retail giant Amazon enters Australian marketSubscriber Only
December 5, 2017 12:27 IST
Among the hardest hit by the new player will be Aussie department stores like David Jones, Myer, Harvey Norman and JB HiFi, who are already under heavy pressure from a weakening retail sector down under.
China’s top two banks won’t lend to Adani’s Australian coal mine
December 4, 2017 09:37 IST
Adani is seeking $1.5 billion in financing by March 2018 for the first stage of its proposed Carmichael coal mine in the state of Queensland.
CBI court orders attachment of Vijay Mallya’s 13 properties, 2 bank accounts in USSubscriber Only
December 4, 2017 01:20 IST
The court has issued a Letter or Request/Letter of Rogatory to the competent authority in the US to restrain the funds so as to carry out the investigation regarding the accounts and properties.
Privatise ONGC, selling 18% can fetch Rs 41,000 crore, say company executives
December 3, 2017 15:55 IST
A cross-section of ONGC employees, officials and executives expressed dismay at the move by Directorate General of Hydrocarbons (DGH) to handover 11 of the company's fields to private sector.
Amul plans innovative programmes to make dairy industry ‘contemporarily cool’ for youth: Managing Director
December 3, 2017 14:38 IST
Another programme aimed at attracting youth is dairy entrepreneurship scheme under which youth can go for a farm size of 20-30 cows and buffaloes and it would be easily financed by the banks with Amul marketing for it.
Salil S Parekh to take over as Infosys CEO, MD on January 2Subscriber Only
December 3, 2017 09:22 IST
An IIT Bombay alumni, Salil S Parekh holds Masters degrees in computer science and mechanical engineering from the Cornell University, in the United States.
Salil Parekh to take over as new Infosys CEO and MD in January
December 3, 2017 03:35 IST
The Paris-headquartered Capgemini announced Parekh’s departure, saying, “Capgemini and Salil Parekh have agreed on Salil’s departure. Salil has relinquished his responsibilities within the Group and his managerial transition is already in place."
Infosys names Salil S Parekh as next CEO, Managing Director
December 2, 2017 16:45 IST
Salil S Parekh has been appointed for a five-year term effective January 2, according to an Infosys filing to exchanges.
Air India sale: We will offer ‘the integrated airline’, says Jayant Sinha
December 2, 2017 01:41 IST
The government, which is in the process of divesting its stake in flag carrier Air India, has decided that it will not carve out the international operations of the airline.
Reliance Communications: Most lenders oppose China bank’s insolvency plea
December 1, 2017 01:37 IST
The lenders will be opposing the petition by CDB, at the admission stage itself and have decided to appoint J Sagar Associates as their legal counsel, the statement claimed further.
Walmart Foundation grants $2mn to support Indian small farmers
November 30, 2017 14:04 IST
ASI will promote closer links between buyers and farmers by facilitating meetings between farmers and diverse buyers prior to planting season to share insights.
DRI probe may affect Rs 800-crore relief to AdaniSubscriber Only
November 30, 2017 08:10 IST
The DRI alleged at least 40 power generating firms imported Indonesian coal directly from ports in that country to India while import invoices were routed through one or more intermediaries based in Singapore, Hong Kong, Dubai and British Virgin Islands to artificially inflate its value.
Dr Reddy’s faces securities class action lawsuit in US
November 30, 2017 01:54 IST
The lawsuit represented a class of investors who had purchased or otherwise acquired the company’s publicly traded shares on the New York Stock Exchange between June 15, 2015, and August 10, 2017.
Jet Airways, Air France-KLM deepen cooperation, extend code-share
November 29, 2017 14:30 IST
The agreement will improve better connectivity via Paris-Charles de Gaulle, Amsterdam-Schiphol as well as Mumbai, New Delhi, Bengaluru and Chennai.
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