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Naresh Goyal buys over 29% stake in Jet for Rs 1,434 cr
The shares were purchased from Tail Winds Ltd, a company incorporated in the Isle of Mann and wholly owned by Goyal. #Jet Airways #CompanyWatch #Naresh Goyal #Tail Winds Ltd
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Jaya against more divestment in Neyveli Lignite, writes to PM
The Tamil Nadu chief minister said her government has been strongly opposed to privatising any portion of NLC. #Manmohan Singh #Tamil Nadu #Disinvestment #Jayalalithaa #CompanyWatch #labour unrest #Neyveli Lignite Corporation
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Now, Worckhardt gets an import alert from the US FDA
According to the US FDA website, the drug manufacturer has received an import alert for its Aurangabad plant, which is likely to restrict its exports to a key market. #CompanyWatch #Wockhardt #import #Food and Drug Administration #US FDA
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Ford to stop production in Australia, cut 1200 jobs
Ford Australia chief executive Bob Graziano made the announcement as he revealed a loss of 141 million Aus dollars ($ 136 million) after tax in the last financial year, with losses of 600 million Aus dollars over the last five years. #Business #Australia #Ford #CompanyWatch #Cars #Job cut
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GM India to hike prices of all its vehicles by up to Rs 10,000
General Motors India today said it will raise the prices of its entire range of vehicles by up to Rs 10,000 from first week of June to offset the increase in logistic costs following hike in diesel rates. #Business #CompanyWatch #Cars #General Motors #diesel price #Beat #Spark
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Marissa Mayer's magic? Yahoo back in top global brands list
Yahoo's brand value was estimated at $9.8 billion, which is still down from its $11.4 billion in 2008 #facebook #Business #Yahoo! #Google #Technology #CompanyWatch #Marissa Mayer #Brands #BrandZ list #Prada
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IOC claims breakthrough in Jatropha oil extract
bio-diesel is produced by the trans-esterification process which requires separate plant to be set up. #Business #CompanyWatch #Diesel #Bio-fuel #Jatropha oil
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Overseas business margins under pressure: SBI
The bank did manage to cut down NPA levels during the quarter ended 31 March 2013, compared to the previous quarter. #State Bank of India #Pratip Chaudhuri #SBI #CompanyWatch #Non performing asset
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Apple's Cook to propose tax changes at congressional hearing
Cook's proposals would aim to put more companies' offshore money to use creating jobs and conducting research and development in the United States, he said in an interview with the Post. #Technology #Apple #CompanyWatch #Tax #Tim Cook #Offshore funding #overseas cash reserves
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Bajaj Auto Q4 net dips as Honda, Yamaha rule India's roads
Bajaj reported a quarterly net profit of 7.66 billion rupees on Thursday, marginally down on the same period from a year earlier. #Business #Bajaj Auto #CompanyWatch #Honda #companies