Business, Companies, 14th Jul 2019, News & Stories from India

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Business Companies 14 Jul 2019

Business, Companies, 14 Jul 2019

In Europe, Tata Steel Europe produced 2.66 MT in the quarter as compared to 2.81 MT in the same period of 2018-19.

Tata Steel's Q1 consolidated steel output grows 9 pc to 7.61 MT

The company's output in the year-ago period was at 6.97 MT, Tata Steel Ltd said in a BSE filing.

14 Jul 2019 8:37 PM

Addressing shareholders in the company's Annual Report for 2018-19, Lupin Chief Executive Officer Vinita Gupta and Managing Director Nilesh Gupta said the new launches across the globe would help it achieve sustainable growth. (Photo: Representational)

Lupin aims to launch new products across geographies this fiscal

Lupin said it launched 22 new products in the US market last fiscal.

14 Jul 2019 8:25 PM

The total investment in capacity expansion is Rs 3,500 crore, including the amount already incurred on the Halol commercial radial tyre expansion, with the remaining amount to be spent over the next 3-4 years, the company said. (Representational image)

Ceat lines up Rs 3,500 cr capex to ramp up production capacity

Sharing information with shareholders, the firm said it has already put in capital to expand its Halol (Gujarat) plant.

14 Jul 2019 7:56 PM

In the backdrop of a significant slowdown in disbursement and loan growth post September 2018, the financials of the company have been quite strained for the quarter impacting the overall performance of the year, the company said in a late evening regulatory filing on Saturday.

DHFL fears it may not continue as a going concern; posts Rs 2,223 cr loss in Q4

The debt-ridden company had reported a profit of Rs 134.35 crore in the same quarter previous fiscal.

14 Jul 2019 7:44 PM

Gangwal has sought markets watchdog Sebi's intervention to address the corporate governance issues at InterGlobe Aviation -- the parent of the country's largest carrier IndiGo -- where he holds around 37 per cent stake while Bhatia group has about 38 per cent shareholding. (Representational Image)

IndiGo promoter spat: Bhatia group says Gangwal limited his financial risks

IGE Group has now issued three statements in less than a week seeking to clarify issues and reject allegations made by Gangwal.

14 Jul 2019 7:26 PM

IndiGo co-founder and billionaire Rakesh Gangwal's 'paan ki dukaan' (betel shop) jibe seems to have caught the imagination of even co-founder Rahul Bhatia's camp. (Representational Image)

From paan ki dukaan to paper formalities, epithets galore for corp gov lapses

'Coterie' and personal 'fiefdoms' were among the interesting usages by SFIO in its report on irregularities at IL&FS.

14 Jul 2019 4:40 PM

Bringing into public the differences between long-time friends and promoters of IndiGo into the open, Rakesh Gangwal has sought Sebi's intervention into alleged corporate governance lapses at the company. (Representational Image)

As IndiGo faces turbulence, regulators intensify scrutiny of governance lapses

InterGlobe Aviation has come under intense regulatory scanner and there are indications of multiple violations of Sebi norms.

14 Jul 2019 2:30 PM

After the Motera field was discovered in Ahmedabad, ONGC was wary of encroachment around the oil wells in a city that was developing into a megapolis. So it built a golf course around the wells to ward off encroachers, sources said.

Govt wants ONGC to sell golf course in Ahmedabad that has oil wells

The golf course identified by DIPAM has two producing oil wells, sources said.

14 Jul 2019 12:46 PM

The country's largest life insurer LIC, which is the only state-owned life insurance firm, witnessed more than two-fold rise in its new premium collection to Rs 26,030.16 crore in June.

LIC new premium more than doubles in June; pushes industry collection to Rs 32,241 cr

All the 24 life insurers had written new gross premium of Rs 16,611.57 in the same month a year ago.

14 Jul 2019 12:07 PM

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Dilip Cherian

Business, Companies, 14 Jul 2019

Tata Steel's Q1 consolidated steel output grows 9 pc to 7.61 MT

Lupin aims to launch new products across geographies this fiscal

Ceat lines up Rs 3,500 cr capex to ramp up production capacity

DHFL fears it may not continue as a going concern; posts Rs 2,223 cr loss in Q4

IndiGo promoter spat: Bhatia group says Gangwal limited his financial risks

From paan ki dukaan to paper formalities, epithets galore for corp gov lapses

As IndiGo faces turbulence, regulators intensify scrutiny of governance lapses

Govt wants ONGC to sell golf course in Ahmedabad that has oil wells

LIC new premium more than doubles in June; pushes industry collection to Rs 32,241 cr

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