Industry News

Tata Motors Ltd, India's largest automaker by revenue, on Friday said its consolidated net profit in the quarter ended 30 June fell 57.25% from a year ago due to higher costs and a forex loss. Consolidated net profit for the quarter fell toRs.2, 260.40 from Rs.5, 254.23 crore a year ago, missing analyst analysts. Net sales rose 10% to Rs.66, 101.27 crore from Rs.60, 093.79 crore in the same last quarter last year."/>
BRIEF: Tata Motors Q1 net profit down 57.25% to Rs2,260.40 crore [Mint, New Delhi]
Facebook data center in far north Fort Worth. In an interview, Berzina said he was pursuing another job but declined to provide specifics "until it is sewed up.""/>
Fort Worth Chamber's top economic development exec steps down [Fort Worth Star-Telegram]
"FCA Replay" Wraps the Week
Bob Evans Farms, Inc., today released a presentation:“ Bob Evans– Discussion Materials: Separating BEF Foods and Bob Evans Restaurants.” This presentation can be found at:..."/>
Sandell Releases Presentation Detailing Case for Separation of BEF Foods and Bob Evans Restaurants
Garmin International Inc., a unit of Garmin Ltd., today announced that it was breaking ground on a $200 million dollar facility expansion at its Olathe, Kansas campus. The campus expansion is designed to position the technology company as a leading innovator well into the future."/>
Garmin® to embark on $200 million campus expansion
Daily Mail, London, market report column [Daily Mail, London]
Daily Mail, London, Alex Brummer column [Daily Mail, London]
Sports Direct. They are demanding a wide-ranging review of the business following a share price slump and months of bad publicity over working practices. One top investor is voting against the reappointment of the firm's chairman."/>
As top investors launch an unprecedented attack... [Daily Mail, London]
Target, amongst many others, are joining in the relief effort for the historic Louisiana floods. While many are providing financial donations through organizations such as the American Red Cross, other companies are providing supplies and food."/>
On BizWireTV: Big Name Brands Join Louisiana Relief Effort and a Social Experiment Finds Americans Overwhelmingly Honest
Limbach Holdings, the 115- year-old Strip District-based contractor that survived four years of ownership by bankrupt energy giant Enron, is ready to expand services and enter new markets following an initial public offering last month. CEO Charlie Bacon, 55, said the two biggest growth priorities are offering electrical expertise in more markets to complement Limbach's mechanical and plumbing services, and entering Texas, the Carolinas, Seattle and other markets..."/>
Contractor Limbach charts growth after IPO [Pittsburgh Post-Gazette]
Eros International plc revealed on Thursday the signing of a deal between its digital over-the-top platform, Eros Now and Reliance Jio, a provider of mobile telephony, broadband services and digital services in India. Eros Now service with its library of movies from all decades including recent blockbusters, will power the Jio On Demand entertainment offering, the company said. This initiative will allow consumers to access the Eros Now service within the Jio ecosystem and Jio..."/>
Eros signs integration deal with Reliance Jio for undisclosed amount
Alltronics Holdings Limited today announced that it has moved into a new office in Causeway Bay. An opening ceremony was held today to mark the opening of the 14,000 sqm new office and many of the Company's long-term customers, business partners, guests and friends from investment sector and the media were present to celebrate with the Company its advance into a new stage. Mr. Lam Yin Kee, Chairman of Alltronics, said, "We are very pleased to share with our..."/>
Alltronics Opens New Office in Hong Kong

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