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Latest Articles in corporate movement

Zee Surges; Promoter Essel Mulls Selling Stake, Strategic Review

Zee yesterday said that conglomerate Essel Group, which runs the company, intended to divest up to 50 percent of their stake in the television broadcasting and digital media company to a strategic partner

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Havmor Ice Creams Appoints Anindya Dutta As Managing Director

Anindya will be taking forward Lotte’s vision of expanding its business footprint in India

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Jet Airways Posts Third Quarterly Loss On Fuel Costs

Losses of Jet Airways came in at 12.97 billion rupees ($178.01 million) for the quarter ended Sept. 30, compared with a profit of 496.3 million rupees a year earlier

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Suzuki Posts Steeper-Than-Expected Quarterly Profit Slide On Sluggish Car Sales

Suzuki posted an 82 billion yen ($726 million) operating profit in the July-September period, down from 87.81 billion yen a year ago

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Tata Motors Posts Second-Quarter Loss On Lean JLR Sales, One-Off Charge

Tata Motors made a loss of 10.49 billion rupees ($141.92 million), compared with a profit of 24.83 billion rupees in the year-ago period, the company said

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Tata Steel To Continue Talks With EU For Thyssenkrupp Joint Venture

Thyssenkrupp and Tata Steel earlier this year unveiled plans to combine their steel activities in Germany, the Netherlands and Britain to become the continent's second-largest steelmaker after ArcelorMittal

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Airbus Says Tougher To Meet Jet Delivery Goal After Snags

Airbus has been struggling with fresh industrial problems as production of its fast-selling A321neo passenger jet hit a snag in Hamburg, Germany, even as bottlenecks eased at some engine makers

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Infosys Q2 Net Profit Grows 10.3 Per Cent To Rs 4,110 Crore

The country's second largest IT firm Infosys revenue grew 17.3 per cent to Rs 20,609 crore in the quarter under review as compared to Rs 17,567 crore in the same period of 2017-18

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Audi To Pay 800 Million Euro Fine In Germany Over Diesel Cheating

Today's fine on Audi comes on top of total costs in fines, buybacks and refits of more than 27 billion euros that Volkswagen has had to pay out over its "dieselgate" scandal

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TCS Net Profit Up 22.6 Per Cent To Rs 7,901 Crore In Q2

Tata Consultancy Services (TCS) had posted a net profit of Rs 6,446 crore in the same period last fiscal, the company said in a statement

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Noida Police Seizes Documents Of Amrapali Group, Seals Offices After SC Order

Amrapali group's corporate office in Sector 62, other premises in Sector 76, Sector 45 besides properties in Greater Noida were being sealed, a senior Noida police official said

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With $39 Billion Wealth, Alibaba Founder Jack Ma Reclaims Top Spot Among Chinese Billionaires

Founder of e-commerce giant Alibaba, Jack Ma who last month made a surprise announcement of his retirement as the executive chairman of the company has pipped Chinese property mogul Xu Jiayin

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CyberMedia Names Dwij Seth As Head of Digital Marketing Business

Dwij brings over 13 years of rich experience in sales, business development and strategy across education, BFSI, Internet and technology sectors

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SC Grants One More Opportunity To ArcelorMittal, NuMetal To Bid For Essar Steel

A two-judge Supreme Court bench had earlier held ArcelorMittal and NuMetal ineligible under the amended Insolvency and Bankruptcy Code to bid for Essar Steel

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MakeMyTrip And ICICI Bank Announce Multi-Year Partnership

With this partnership, both MakeMyTrip and ICICI Bank aim to leverage each other's expertise and provide unmatched benefits on travel related spends to millions of customers

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