Page 78 - Companies

Finmeccanica delays results over India probe

Finmeccanica delays results over India probe

FY14 net borrowing seen below Rs 5 lakh cr: analysts

A growing chorus of analysts expect India to keep net borrowing below Rs 5 lakh crore.

Company in focus: Cipla

Company in focus: Cipla

Dell profit plummets 31%

Dell Inc reported a 31% drop in profit, hurt by a shrinking consumer business, as investors weighed Michael Dell's offer

Mallya surprises KFA staff with month's salary

Mallya surprises KFA staff with month's salary

Mukesh Ambani's telecom foray

Mukesh Ambani's telecom foray

Tata Motors' Jan global sales fall 16%

Tata Motors’ global vehicle sales in January fell 16%, registering third consecutively monthly slide for the auto major

RIL gets stake sale nod

RIL allowed to sell 21 blocks to BP

L&T Q1 net up 12% at Rs 746 cr

L&T announces Q1 results

GMR may get Spain airport project

GMR group is considering bidding for operating airports in Madrid and Barcelona. The airports handle around 70 million passengers a year and have a capacity to handle 125 million passengers. Madrid is the world's eleventh busiest airport, while Barcelona is tenth busiest in Europe.

Tata Motors launches Aria 4x2

Tata Motors on Tuesday in New Delhi launched its new premium car Aria 4x2.The car is a new addition to Tata's range of premium luxury cars and is a combination of a sedan and an SUV (Sports Utility Vehicle) blended into one. While launching it, MD of India Operations for Tata Motors P. M. Telang stated that the launch of the car was a big boost to Tata's plans of launching more models into the range of premium vehicles.He also stated that there is a damp period in the market due to the rise in fuel prices but this wont affect the expansion campaign of Tata Motors in the Indian market.

Q1 results of Infosys: 15.4% y-o-y profit

Infosys Technologies Limited, on Tuesday announced its first quarterly report in Mysore. It narrowly missed expectations with a 15.4 percent rise in first-quarter profit, the fourth time in five quarters that it has fallen short of expectations. While talking to mediapersons, Managing Director of the company S. Gopalakrishnan, said that in the entire process, the company and its subsidiaries added around 26 clients, which is the slowest pace in the least four years,

Boeing 787 Dreamliner lands at IGI airport

The world's first super-fuel efficient, carbon fibre Boeing 787 Dreamliner arrived on Wednesday at the Indira Gandhi International Airport in New Delhi. The airplane can carry 290 passengers and fly 15,750 kilometers at a stretch. The Dreamliner is an addition to the All Nippon Airways' (ANA) fleet of super fuel-efficient airplanes. Boeing has said that the airlines would save million of dollars due to it being highly fuel-efficient. The airplane has low cost of maintenance due to its light carbon-fibre construction.

Goolge all set for its Streetview project

In the very near future, spotting or reaching a popular eatery dishing out dosas or shop at an upmarket stores for trendy wear and assorted items in the southern city of Bangalore, would be just be a click away, thanks to a user-friendly computerised street map. Yes, this is a part of the 360-degree panoramic mapping project for Google's Street View that was launched in India recently. This Street View has been a novel initiative that took off along the thoroughfares and other arterial roads in the IT city in India on Thursday.

Wipro announces Q4 results

Wipro's fourth quarter results met market expectations with the company's IT revenue for the January-March quarter standing at Rs 6,289 crore, an increase of 20percent over the corresponding quarter a year ago. While addressing mediapersons in Bangalore on Wednesday, chairman of Wipro Limited Azim Premji said consolidated revenue for the full year was Rs 31,099 crore, up 15% over the previous year.

Pilots on strike, fliers in trouble

A section of pilots belonging to the state-owned Air India went on indefinite strike on Wednesday in New Delhi and Mumbai after failed talks with the management of the national carrier over demand for parity in wages and other benefits with other pilots. A section of 800 pilots went on strike leading to cancellation of flights, leaving the passengers stranded at the airport. Terming the strike as illegal, Air India management has de-recognized the striking union and sealed their offices.

M&M tractor manufacturing plant in AP

Mahindra and Mahindra (M and M) will set up a tractor manufacturing plant with an investment of about 3 billion rupees in Zaheerabad district of Andhra Pradesh. Andhra Pradesh Chief Minister Kiran Kumar Reddy along with Pawan Goenka, President of M and M, India's automotive and farm equipment manufacturing giant inaugurated the foundation stone of the plant on Wednesday in Hyderabad.

Infosys to continue its services in Japan

Infosys said on Thursday it would not stop its work in Japan due to the earthquake and Tsunami that hit the country last week and would continue to offer support and assistance to its clientele in Japan. Speaking to the media in Bangalore, Infosys Chief Operating Officer S.D. Shibulal said the company has opened options for its employees to come back to India. He further said if any of the Indian employees working in Japan want to come back to India, they would be rendered full support. He added that employees? requests of moving out would also be given due consideration

Forbes list 2011: Mittal, Mukesh Ambani in top 10

India may be struggling with growing income disparities and corruption scandals, yet when it comes to making a fortune, many Indians still believe that to get rich is glorious, especially if one is an entrepreneur. London-based Indian steel magnate Lakshmi Narayan Mittal has featured as the sixth richest person in the latest edition of Forbes list of World''s Billionaires. Another world renowned Indian industrialist Mukesh Ambani, who heads the empire of Reliance Industries, ranked in the ninth position, closely following Mittal.

Volkswagen introduces Vento IPL edition

Volkswagen, the world''s third largest automobile manufacturer, launched the special Indian Premier League (IPL) edition of Vento sedan in Mumbai on Thursday. With 1.6 litre petrol variant, the car is priced at Rupees 7.24 lakhs. The car stands out with the IPL logo on its seats and boot. While addressing the audience, Lutz Kothe, head of marketing Volkswagen, said it is always important to directly face the customer.