Industry News

Tata Motors Ltd as part of a major organizational restructuring, two people familiar with the plans said. Wagh, senior vice-president of project planning and programme management, will pursue margin expansion as part of managing director and chief executive Guenter Butschek's efforts to make Tata Motors future-ready, these people said, asking not to be identified. Margin expansion is one of the..."/>
Guenter Butschek recasts Tata Motors to boost margins, efficiency [Mint, New Delhi]
NTPC Ltd and Power Grid Corp. of India Ltd continued to deliver superior performances, compared with their private peers. Power Grid's net profit grew by an impressive 33% in the June quarter, though capacity additions lagged Street estimates. NTPC clocked strong volumes, while hydro power generator NHPC Ltd saw healthy revenue growth, thanks to incentive income."/>
Power: public enterprises hold fort [Mint, New Delhi]
Airbus Group SE and Boeing Co. expect Indian airlines to order larger planes to accommodate more passengers as airports managing busy runways are unable to permit more flights. With the majority of flights still originating from Delhi, Mumbai, Chennai, Bengaluru and Kolkata, airports at these metros are running to capacity. As a result, they have limited the number of slots for each airline or stopped allotting fresh slots altogether."/>
Congested airports to boost demand for bigger planes [Mint, New Delhi]
SpiceJet Ltd is the only aviation firm that performed better than expected."/>
Aviation: SpiceJet flies higher than Jet Airways and IndiGo in Q1 [Mint, New Delhi]
Quarterly earnings report: The waiting game [Mint, New Delhi]
ROLLS-ROYCE'S chief executive has said he is in favour of Theresa May's controversial plan to put workers in the boardroom. Warren East is the highest-profile boss to come out in support of the Prime Minister's proposal, which has sparked unease among business leaders. He said his personal view was that workers on boards helped communication, citing Germany, where worker representation is common."/>
Rolls-Royce chief backs may's proposal for workers on boards [Financial Mail on Sunday, London]
Sunflower Sustainable Investments Ltd.. Shikun& Binui's announcement says that the deal has already been finalized for a 7 megawatt project, and the completion of another 6 megawatt project deal is pending..."/>
Shikun & Binui sells solar projects in Spain [Globes, Tel Aviv, Israel]
FedEx, warehouses and call centers in the Pueblo area will hire about 500 seasonal workers, up from an estimated 475 a year ago. Companies will rely on a mix of returning seasonal employees and new hires to fill the jobs, according to Mark Valdez, an employment specialist with the Pueblo Workforce Center."/>
'Tis the season [The Pueblo Chieftain, Colo.]
Mitsubishi Mirage GT: Is this as bad a car as you've read? Or are journalists seeing things? Conventional wisdom: notes the car has "impressive fuel economy with CVT; one of the least expensive cars available; generous warranty" but "acceleration is very sluggish, even by subcompact standards; rough, chattering engine note; lots of road noise at highway speeds; low-quality interior materials.""/>
The Philadelphia Inquirer Scott Sturgis column [The Philadelphia Inquirer]
IHS Markit, a world leader in critical information, analytics and solutions. This Smart News Release features multimedia."/>
Islamic State Caliphate Shrinks by 16 Percent in 2016, IHS Markit Says
Daily Mail, London, market report column [Daily Mail, London]
SVG Capital. The firm only has 36.2 pc support after being outbid by Goldman Sachs and the Canada Pension Plan Investment Board, who are offering pounds sterling 1.1 bn. HarbourVest has given investors in SVG until 1 pm on Thursday to accept its proposal."/>
Daily Mail, London, business briefs column [Daily Mail, London]

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