Page 161 - Latest News
Tata Group picks New Zealander Campbell Wilson as Air India's new CEO_62239
New Zealand-born Campbell Wilson, 50, started his career with Singapore Airlines in 1996
 "Tata Group picks New Zealander Campbell Wilson as Air India's new CEO_62239")
Bajaj Finserv managing director Sanjiv Bajaj takes over as CII president_62228
He takes over from T V Narendran, CEO and managing director of Tata Steel Limited
 "Bajaj Finserv managing director Sanjiv Bajaj takes over as CII president_62228")
Ultratech in talks with rival cement firms, PEs on asset divestiture plans_62336
India's largest firm in the sector seeks more time from Switzerland's Holcim to make a bid for Ultratech and ACC.
 "Ultratech in talks with rival cement firms, PEs on asset divestiture plans_62336")
We may consider preferential trade pact with Oman to boost ties: Goyal_62115
India is also under active discussions with Gulf Cooperation Council (GCC) for a comprehensive trade agreement, the Commerce and Industry Minister Piyush Goyal said
 "We may consider preferential trade pact with Oman to boost ties: Goyal_62115")
Mercedes-Benz logs record sales in India, sees luxury car market reviving_62176
Company says spike in order is driven by the new C-Class model that starts at Rs 55 lakh (ex-showroom).
 "Mercedes-Benz logs record sales in India, sees luxury car market reviving_62176")
Poonawalla Fincorp's logs Q4 consolidated net profit of Rs 119 cr_62290
The company's housing finance subsidiary proposes to raise growth capital
 "Poonawalla Fincorp's logs Q4 consolidated net profit of Rs 119 cr_62290")
Ford drops plan to manufacture EVs in India; opts out of PLI scheme_62153
At that time, the company said it was exploring the possibility of using one of its plants in India to produce electric cars for exports
 "Ford drops plan to manufacture EVs in India; opts out of PLI scheme_62153")
L&T Q4 net increases 10% to Rs 3,621 cr, firm declares dividend of Rs 22_62301
L&T admitted that volatility in the price of crude oil and other commodities owing to geopolitical uncertainties was pushing up input prices
 "L&T Q4 net increases 10% to Rs 3,621 cr, firm declares dividend of Rs 22_62301")
Aditya Birla Capital profit after tax rises 20% to Rs 450 cr in March qtr_62296
The consolidated revenue of the company for Q4 FY22 grew 18 per cent from a year ago to Rs 6,962 crore, Aditya Birla Capital (ABCL) said in a release
 "Aditya Birla Capital profit after tax rises 20% to Rs 450 cr in March qtr_62296")
2 pilots killed as Chhattisgarh govt chopper crashes at Raipur airport_62333
Chief Minister Bhupesh Baghel expressed grief over the tragedy and condoled the deaths.
 "2 pilots killed as Chhattisgarh govt chopper crashes at Raipur airport_62333")
Rajya Sabha elections to 57 seats from 15 states on June 10: EC_62179
Elections will be held on June 10 to fill 57 Rajya Sabha seats from 15 states falling vacant due to the retirement of members on different dates between June and August, the Election Commission said
 "Rajya Sabha elections to 57 seats from 15 states on June 10: EC_62179")
Rajiv Kumar is new Chief Election Commissioner, will oversee 2024 elections_62130
He will assume charge on May 15 after incumbent Sushil Chandra demits office on May 14
 "Rajiv Kumar is new Chief Election Commissioner, will oversee 2024 elections_62130")
Cost-income ratio will come down for IDFC First, says CEO Vaidyanathan_62221
Lender sees growth in new gold loan business and it is scaling up wealth management unit, he says
 "Cost-income ratio will come down for IDFC First, says CEO Vaidyanathan_62221")
Salary hikes at companies inching closer to pre-Covid levels: Report_62162
E-commerce and tech start-ups, healthcare, and allied industries plan salary hikes of more than 10 per cent.
 "Salary hikes at companies inching closer to pre-Covid levels: Report_62162")
Norms for Covid vaccination precaution dose relaxed for overseas travellers_62132
The Union Health Ministry's decision to relax the norms about the precaution dose for overseas travellers was based on recommendations by the National Technical Advisory Group on Immunisation
 "Norms for Covid vaccination precaution dose relaxed for overseas travellers_62132")
Talks planned for India to restructure $1.3 bn credit line to Sri Lanka_62249
Standard & Poor's has downgraded Sri Lanka's long-term foreign currency sovereign credit rating to selective default
 "Talks planned for India to restructure $1.3 bn credit line to Sri Lanka_62249")
Tata Motors' Q4 net loss narrows to Rs 992 cr; JLR posts revenue of £4.8 bn_62365
On a standalone basis, the automaker reported a net profit of Rs 413.35 crore in the period under review against a net profit of Rs 1,645.68 crore in the fourth quarter of 2020-21
 "Tata Motors' Q4 net loss narrows to Rs 992 cr; JLR posts revenue of £4.8 bn_62365")
PNB to bring down NPAs, ensure high loan recoveries: Atul Kumar Goel_62142
The lender declared its January-March earnings Wednesday, and posted a drop in its gross NPAs to 11.78 per cent from 14.12 per cent reported a year ago
 "PNB to bring down NPAs, ensure high loan recoveries: Atul Kumar Goel_62142")
Inflation getting broad-based, RBI set to hike repo by 100 bps: CRISIL_62285
The RBI hiked its key rate by 0.40 per cent in a surprise move last week while keeping an accommodative stance
 "Inflation getting broad-based, RBI set to hike repo by 100 bps: CRISIL_62285")
Govt plans wheat export push in nine countries amid rising global demand_62363
According to official estimates, India exported 7 million tonne of wheat in 2021-22, valued at $2.05 billion
 "Govt plans wheat export push in nine countries amid rising global demand_62363")
