Page 1732 - Company News

NFRA issues inspection guidelines to improve quality control at audit firms

Inspections will consist of firm-wide review of audit quality and individual file reviews on test-check basis to evaluate the level of compliance with applicable auditing standards

Domestic airlines industry may see up to Rs 17,000 cr loss in FY23: Report

ICRA has a negative outlook on the domestic aviation industry

Signature Global launches second phase of premium projects in Gurugram

The realtor will deliver the remaining 50 per cent of the units to customers in the second phase of the projects

Irdai boss signals faster regulatory reforms to boost insurance penetration

Dwells on huge potential of insurance in the country; emphasises need for Insurance Ombudsman to be fair and equitable

Ola shuts in-car infotainment service launched in 2016 as global first

Industry sources say the service was not proving any value to the ride-hailing company

Billionaire Hinduja brothers end family feud on pact signed in 2014

The fight among Hinduja brothers was caused because of a pact signed by them in 2014 that said that 'everything belongs to everyone and nothing belongs to anyone'

German PE firm acquires 80% stake in Mahindra-owned Peugeot Motorcycles

The Munich-based private equity holding company has a portfolio of 32 companies and has a presence across Europe

RIL to develop multi-modal logistics park in Tamil Nadu, says govt

"The estimated project cost is Rs 1,424 crore. Total concession period is 45 years," the statement said

Emami Sept quarter net flat at Rs 184 crore, pre-tax profit dips 18%

Company says gross margins shrank 230 bps in Q2FY23 due to inflationary pressures and an unfavourable portfolio mix due to extraordinary high sales of pain management products last year

RCap swings to black with Q2 net of Rs 215 cr, income grows to Rs 6,046 cr

The company had posted a net loss of Rs 8,054.74 crore in fiscal ended March 2022

Pandemic boom to season of layoffs: How big tech and startups got it wrong

It is not just Meta which is looking at becoming capital efficient. Alphabet, the parent company of Google and Microsoft have already sent messages that focus will be on increasing productivity

Zydus Lifesciences Q2 net profit down 82.6% to Rs 523 cr on rising costs

Shares of the company were trading at Rs 427.70, down 1.4% at 0847 GMT

Exide posts better-than-expected Q2 net at Rs 246 cr on easing input costs

Analysts on average had expected a profit of Rs 236 crore, according to Refinitiv IBES data

Deloitte expands pact with Google Cloud to double down its specialisations

The two firms will help clients across industries innovate and implement Google Cloud technology at scale

Alstom wins Rs 798 cr deal to manufacture 78 metro cars for Chennai Metro

Will make 26 metro trains with three coaches each for a 26-kmn corridor connect Poonamallee Bypass and Light House

Aided by festive demand, PV wholesales up 29% to 291,113 units in Oct: SIAM

Total passenger vehicle dispatches from companies to dealers were 2,26,353 units in October 2021

A day before IPO, Inox Green mobilises Rs 333 crore from anchor investors

The funds were raised a day before its initial share-sale that opened for public subscription on Friday. The issue will conclude on November 15

SC issues notice to SEBI on RIL plea on non-compliance of court order

The company had sought three documents from SEBI that it had claimed would exonerate it and its promoters from criminal prosecution initiated in a case

Top headlines: Adani to build plants in SL, active Indian firms near 1.5 mn

Business Standard brings you the top headlines this hour

Adani to build power plants in SL, challenge China in support for Modi

Adani has been accused by some Lankan lawmakers of signing opaque port, energy deals closely tied to India's interests, something his group has always denied, saying investments meet Sri Lanka's needs