Industry News, Company News, Manufacturing News, Service Sector - The Hindu- Page 5

Reliance Jio pays ₹195 crore to DoT to clear all AGR dues in advance

PTI Bharti Airtel and Vodafone Idea have a cumulative liability of ₹88,624 crore and have sought more time from the Department.

Tech change: Ten models, such as the S-presso, Baleno, Alto 800 and Dzire come with BS-VI compliant engines.

Maruti crosses five lakh in sales of BS-VI compliant units

Special Correspondent Only BS-VI engines can enter the market from April 1, 2020

New and shiny: Guenter Butschek, MD & CEO, with Mayank Pareek, president, in Mumbai on Wednesday.

Tata Motors unveils premium hatchback Altroz

Special Correspondent Fully-refreshed BS-VI versions of Tiago, Tigor and Nexon too launched

L&T net rises 15.4% amid slowing orders

Special Correspondent Revenue climbs 5.4% to ₹36,718 crore; order book grows 2% in third quarter; infra revenue drops 5%

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Anand Mahindra to step down as Mahindra Group Executive Chairman from April 2020

At 70, Honda hits a milestone of 400mn motorcycles

RIL, Shell to handover PMT block to ONGC

Ericsson joins Microsoft to build next gen connected cars

Tata Chemicals buys 25% remaining stake from U.S. unit for $195 million

Mistry free to sell $17 bn. stake in Tata Sons

Market may revive in second half of next year, says Kim

Hyundai Motor India to grow in single digit in 2020: MD

Yamaha forays into 125 cc scooter segment in India

Firm to discontinue 110 cc scooters

Tata Motors unveils Nexon Electric SUV

Prices it between ₹15 lakh and 17 lakh

Jet Airway’s lenders may invite EoI afresh

CoC to vote on decision in two days

Yamaha enters 125 cc scooter segment in India

The company unveiled scooters Fascino 120FI and RayZR 125FI and Street Rally 125FI, marking the company’s entry into the 125cc segment.

Tata Motors unveils Nexon EV with over 300 km range

On pricing, the company said it will be around 20 per cent more than the AMT version of Nexon and thus will come between ₹15-17 lakh and will be ‘launched within weeks’.

Maruti Suzuki launches new variant of Alto, priced at ₹3.80 lakh

The new Alto VXI+ offers SmartPlay Studio, a 17.8 cm touchscreen infotainment system, enabled with Apple CarPlay and Android Auto.

Oyo says SoftBank's Yahoo Japan exits Japan room rental venture

Oyo, which is also backed by SoftBank Group Corp, said it has bought back the shares in Japanese apartment rental company, Oyo Life, held by internet firm Yahoo Japan, now known as Z Holdings, for an undisclosed amount.

Chandra writes to staff, says Tata Sons will take appropriate legal recourse

Efforts so far have been focussed on restoring stability, healthier financials

Tatas may move SC against NCLAT order

Order appears to even go beyond the specific reliefs sought by the appellant, says Tata Sons general counsel

Big victory for Cyrus Mistry, uncertain times ahead for Tata Group

Time for saner counsel on both sides, but prospects appear bleak going by Tatas’ reaction to the judgment

A setback for Tata Group

Experts say Cyrus Mistry can still be removed by shareholders

Tatas may move SC against NCLAT order

Order appears to even go beyond the specific reliefs sought by the appellant, says Tata Sons general counsel

RBI defends its nod for Chanda Kochhar’s sacking from ICICI

The RBI in its affidavit said there was no violation of Ms. Kochchar’s fundamental rights, and its decision to approve the termination of her services was devoid of any

Tata stocks slide in last minutes of trading

Tata Motors was the top loser among the BSE Sensex constituents

Airbus set for strong sales year despite trade woes: Scherer

Airbus turned in a strong performance that may reach gross sales of 1,000 planes, Mr. Scherer suggested - adding that trade duties nonetheless posed a “very serious problem” for airline clients.

NCLAT reinstates Cyrus Mistry as Tata Sons executive chairman

National Company Law Appellate Tribunal rules decision to remove him from the top post as illegal.

Airbus union calls for 24-hour strike at Spanish plants

The union said the strike is a protest against layoffs.

Facebook says it can locate users who opt out of tracking

Along with location information shared in posts by users, devices connecting to the internet are given IP addresses and a user's whereabouts can then be noted.

Karvy: SAT asks SEBI to hear Axis plea

The Securities Appellate Tribunal (SAT) on Tuesday asked SEBI to pass an order within 15 days in Karvy Broking matter on Axis Bank’s plea, which said

Elgi acquires Michigan Air Solutions

Elgi Compressors USA, a subsidiary of Elgi Equipments, has acquired Michigan Air Solutions in a move to expand its presence in the U.S. According to

Construction equipment seeing green shoots

IBC will streamline financing in the sector, says JCB India’s Subir Chowdhury

With VRS, BSNL to save ₹1,300 crore in wage bills

As on date, no recruitments: CMD

LIC expects to achieve policy sale, first premium targets

Corporation has already sold 1 crore policies till October

Telecom body defers zero IUC by a year

Regulator seeks stakeholders’ views on fixing minimum tariff for mobile voice calls and data services

Retail loans to double to ₹96 lakh cr. by 2024, shows ICICI Bank-Crisil study

Higher demand for private consumption, data availability to drive growth

Govt. aims to provide broadband access to all villages by 2022

The mission envisages stakeholder investment of $100 billion (₹7 lakh crore), including ₹70,000 crore from Universal Service Obligation Fund in coming years

Six paise per min charge on outgoing calls to other networks extended till Dec 2020: TRAI

The Telecom Regulatory Authority of India (TRAI) on Tuesday said 6 paise per minute charge on mobile calls be made on competitors’ networks will

Govt to go slow on FTAs to avoid RCEP-like impasse: Piyush Goyal

Indian businesses and industries have been put to disadvantage over the years, and instead of addressing some of the real issues that they face, more and more distress was caused to them, Mr. Goyal said.

Apple Arcade annual plan now at ₹999 in India

At present, Indian users pay ₹99 a month for the service, which equals to ₹1,188 annually, but with the new annual plan, users will pay ₹83.25 monthly.

Apple kills Rewound app that turns iPhone into classic iPod

Rewound app lets people customize their iPhones to look like a 2000s era MP3 player.

RBI asks banks to waive NEFT charges

The Reserve Bank of India has asked all the banks to waive charges levied for National Electronic Funds Transfer (NEFT) for online transactions, with

Equitas SFB files draft papers for IPO

Equitas Small Finance Bank has filed draft red herring prospectus with markets regulator SEBI for its initial public offering (IPO).The IPO comprises

U.K. HC rejects plea against Anil Ambani

The U.K. High Court has dismissed summary judgement application of a $680 million claim raised by Chinese banks against industrialist Anil Ambani.

BYD plans to make India a hub for S. Asia business

Chinese firm plans to treble lithium-ion battery capacity, deepen presence in electric mobility in India

Legacy arms help Air India in cruising through steep financial headwinds

Airline able to meet operational expenses

RBI kept out Muslim long-term visa holders from property-buying right

2018 circular extended benefits to minorities from countries mentioned in CAA

Brookfield buys Jio tower arm for ₹25,215 cr.

Units to be issued by Tower infra trust

ArcelorMittal, Nippon Steel complete acquisition of Essar Steel

Joint Venture to be called ArcelorMittal Nippon Steel India Limited with Aditya Mittal as its chairman.

Moneywise | 4 common financial mistakes to lookout for

Avoiding common issues early in the career will help create better financial future

Ankur Garg appointed as chief commercial officer at AirAsia India

AirAsia India on Sunday announced the appointment of Ankur Garg as its chief commercial officer (CCO), a role in which he will be in-charge of areas

No SEBI relief to lenders in Karvy matter

On December 4, the Securities Appellate Tribunal denied immediate relief to lenders who had petitioned against the transfer of securities held with Karvy Stock Broking Ltd (KSBL) back to the clients.

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