Companies & Sectors

Contraction in manufacturing activity decelerated India's factory output growth to (-)1.1 per cent in August 2019 from a rise of 4.6 per cent reported in July, official data showed here on Friday.   The growth has hit the lowest level in the last 81 months.    The growth rate...
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The Civil Aviation Ministry has approved Alliance Air plan to launch foreign operations by starting flights to Sri Lanka even as the airline's parent Air India remains on top of the government's disinvestment agenda.   The move has triggered speculation among Air India employees that...
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Despite a 135 basis point rate cut since February and a number of measures announced by the central government including the corporate tax cut, vehicle sales plummeted for the 11th straight month.   Society of Automobile Sales (SIAM) data released on Friday showed that commercial...
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The telecom operators paid a total of Rs 11,838 crore as IUC or interconnect user charges in 2018, led by Vodafone which paid Rs 4,214 crore followed by Airtel at Rs 3,411 crore and Jio at Rs 2,809 crore, a new report by market research firm techARC said on Friday.   BSNL/MTNL paid Rs...
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Crisis-hit IL&FS Group has put 13 of its properties in prime locations across Mumbai, Hyderabad and Kolkata up for sale and has invited expressions of interest (EoI) for the same.   Out of the total 13 properties, 11 are in Mumbai. The properties put on the block include seven...
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