Archives for Industry - Page 4
Etihad Airways president and CEO James Hogan nominated as Jet Airways Vice Chairman
MUMBAI: Jet AirwaysBSE % posted its biggest standalone quarterly net profit in close to nine years, helped primarily by a fall in fuel costs, the biggest cost chunk for an…
Jet Airways Swings to Profit in Q1, Shares Surge
Jet Airways posted a Rs 222 crore profit in the June quarter, aided by lower fuel expenses and higher exceptional items. India's biggest listed airline had posted a net loss…
Will do ‘whatever it takes’ to keep ties with SpiceJet: Boeing
Boeing has said it will do “whatever it takes” to ensure that Ajay Singh-led SpiceJet places its next big order with the US aircraft manufacturer. “We will do everything it…
Tata Sons to raise stake in AirAsia India to 41%
Tata Sons is increasing its stake in low-cost carrier AirAsia India from 30 per cent to 41 per cent, acquiring the additional stake by infusing fresh capital. The overall equity…
Tata Steel gains after Q1 results
Tata Steel rose to Rs at 9:19 IST on BSE after consolidated net profit jumped to Rs crore on fall in total income to Rs crore in Q1 June 2015…
Reliance Power Q1 net profit rises 41% to Rs344 crore, beats estimates
Mumbai: Anil Ambani-led Reliance Power Ltd on Tuesday beat analysts’ projections to post a 41% rise in June quarter net profit, aided by increased production at its Sasan ultra mega…
IIT Madras in pact with TVS Group firm for road safety
CHENNAI: Indian Institute of Technology, Madras, has inked a partnership with TVS Group firm Harita Seating Systems to transfer technological know-how in monitoring driver performance and behaviour. The move to…
Motorola Considering Setting Up Manufacturing Facility in India
Technology major Motorola, maker of Moto G handset, is evaluating options to set up a manufacturing facility in India to cash in on the burgeoning demand for smartphones in the…
Air India Cuts Losses to Rs 5,547 Crore
New Delhi: India's national carrier Air India has reduced its net loss by more than a quarter to INR 5, crore in the previous fiscal as compared to a net…
RIL Expected to Post Net Profit of Rs 6,214 Crore in Q1
Reliance Industries (RIL), the operator of the world's largest refinery in Jamnagar, is likely to post a small dip in its quarterly net profit on the back of lower refining…
Tata Steel to raise up to Rs10K cr; may ‘right size’ assets
Tata Steel will seek shareholders approval to raise up to Rs 10,000 crore by issuing securities in the international and domestic capital markets, said the resolution for the annual general…
Investors pummel Sun Pharma, shares tank 16% after profit warning
Shares of pharmaceutical company Sun Pharmaceutical Industries tanked nearly 16 percent in early trade Tuesday, after the company on Monday warned that the measures undertaken to integrate Ranbaxy have a…