Industry News

Mahindra and Mahindra Ltd on Friday launched Digisense, a technology solution to connect Mahindra vehicles, tractors, trucks and construction equipment to the cloud. The company said it will help owners, fleet operators, dealers and drivers to access vital information about their vehicle on a real-time basis. Digitization, according to Pawan Goenka, executive director, Mahindra and Mahindra, is emerging as a key differentiator for business transformation and..."/>
BRIEF: Digisense: Mahindra revs up connected vehicle technology [Mint, New Delhi]
L&T targets revenue of Rs2 trillion by 2021 [Mint, New Delhi]
Hilton Worldwide is expected to open the new hotels in the summer of 2017. Tru by Hilton-- York is expected to open at 520 Toronita St. in Manchester Township in August."/>
Hilton's new brand, Tru by Hilton, will open 2 new hotels in the midstate in 2017 [The Patriot-News, Harrisburg, Pa.]
Tata Motors Ltd's consolidated net profit more than halved in the quarter ended 30 June as a foreign exchange loss stemming from the UK's vote to exit the European Union and higher costs took their toll on India's largest automaker by revenue. Consolidated net profit in the quarter fell to Rs.2, 260.40 crore from Rs.5, 254.23 crore a year ago, missing analyst estimates, said Tata Motors. Net sales rose 10% to Rs.66, 101.27 crore from Rs.60, 093.79 crore in the same period."/>
Brexit bites Tata Motors as Q1 profit halves on forex loss [Mint, New Delhi]
Collectors Universe, Inc., a leading provider of value-added authentication and grading services to dealers and collectors of high-value collectibles, will release its fourth quarter and fiscal year 2016 financial results on Tuesday, August 30, 2016 after market close.. Collectors Universe will host a conference call to discuss the results on August 30, 2016 at 4:30 p.m. Eastern/1: 30 p.m. Interested parties may participate in the conference..."/>
Collectors Universe to Announce Fourth Quarter and Fiscal Year 2016 Financial Results on August 30, 2016
Starbucks with a treat receipt. Also, Publix is offering a coupon for $10 off gas cards, which will come in handy for Labor Day road trips."/>
Freebie Friday: Free eats at Smashburger and Dairy Queen, cheap cold drinks at Starbucks [Sun Sentinel]
Springetts Red Lobster reopening [The York Dispatch, Pa.]
Coast Chamber CEO headed to Ingalls [The Sun Herald]
Macy's store at the Mall of New Hampshire and a Bloomingdale's outlet in Merrimack are on a list of 28 store locations "most at risk of closing," according to a statistical rating organization. Morningstar Credit Ratings identified 28 Macy's- owned locations that reported below-average tenant sales after the retailer said it planned to close around 100 stores starting next year because of slower traffic. Morningstar's analysis showed the Manchester store sales..."/>
Two NH stores on Macy's 'at risk' list [The New Hampshire Union Leader, Manchester]
Stein Mart off Forsyth Road."/>
Cordele-based bank plans to open office in Macon [The Macon Telegraph]
Outerwall Inc. against its Board of Directors for, among other things, violations of sections 14 and 20 of the Securities Exchange Act of 1934 and U.S. Securities and Exchange Commission Rule 14 a-9 promulgated thereunder."/>
The Law Office of Robbins Arroyo LLP Announces That It Has Filed a Class Action Lawsuit Against Outerwall Inc.
VF Corporation today announced that it has completed the sale of its Contemporary Brands businesses to Delta Galil Industries, Ltd. The brands included in the transaction are 7 for All Mankind ®, Splendid ® and Ella Moss ®. This announcement follows the June 30, 2016, news release in which VF announced that it had entered into a definitive agreement with Delta Galil regarding the sale of these businesses."/>
VF Corporation Completes the Sale of its Contemporary Brands Businesses to Delta Galil Industries, Ltd.

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