Page 1017 - Company News

IndiaMART working with Novo Nordisk to halt illegal Wegovy sales: Report

IndiaMART, one of India's top online marketplaces, allows dealers to sell on its website after a nominal background check and says it has minimal control over what is advertised and sold

JSW chief Sajjan Jindal denies allegations of rape, calls them 'baseless'

Media reports said Jindal was accused of rape in a report filed at Mumbai's Bandra Kurla Complex Police Station

CPCL mobilises 4 agencies from Chennai, Mumbai, Paradip to clear oil slick

For removing the oil traces from the water surface, the CPCL said around 20,000 absorbent pads have been used

Fund Pick: ICICI Prudential All Seasons Bond leads in CAGR, strategy

It is an open-ended dynamic debt scheme investing across durations, and faces relatively high interest rate risk and moderate credit risk

Ather Energy could launch IPO by FY25 end, earlier than initially planned

Launch of a family scooter and expansion of dealership network to help it increase market share

SBI slows down unsecured retail loans, to focus on healthy growth

Chairman Khara says corporate loan sanction pipeline is at Rs 4.7 trn

ANSR to set up about 25 large-scale global capability centres in India

"We are currently doing one every three weeks and we are looking at setting up one every two weeks next year… the large-scale GCCs are of companies with revenues of over $10 billion," Ahuja said

GenAI can add $1.2-1.5 trillion to India's GDP by 2030: EY report

75 per cent of organisations said customer engagement was a segment that was most influenced by generative AI

Rolls-Royce widens role in India-UK Electric Propulsion capability talks

New Delhi and London are moving together purposefully to develop marine electric propulsion. This was evident in the second meeting of the India-UK EPCP-JWG, in New Delhi on November 21

M&A deals plummet to $70.9 bn in 2023, down 63% from previous year's high

Statistics collated from Bloomberg show that M&A deal values have crossed the $100 billion mark since 2018

Sun Pharma, Lupin recall drugs in US market over manufacturing issues: FDA

The company is recalling the lot due to "failed impurities/degradation specifications", the USFDA stated

Zee Entertainment seeks deadline extension for finalising Sony merger deal

While the merger between the two companies received the requisite approvals, differences cropped up over who would helm as the chief executive officer of the merged entity

Reliance Industries's green energy equipment business intrigues analysts

Company plans to invest Rs75,000 crore to build new energy ecosystem

Hindustan Coca-Cola Beverages to train Tamil Nadu women on banking services

As part of the programme, around 3,000 women from Tamil Nadu would be trained under its national initiative to reach 25,000 women across the country

ED attaches Madurai firm's assets worth Rs 207 cr in money laundering probe

The case pertains to allegations against Neomax Properties Pvt. Ltd. and its group companies over cheating several investors into depositing lakhs of money in various projects

Post Adani takeover, ACC-Ambuja Cement Ebitda rises to Rs 1,350/tonne

Adani Group last year acquired Ambuja Cement and ACC Ltd. Ambuja Cement has a cement capacity of 31 MT per annum with 6 integrated cement manufacturing units and 8 cement grinding units across India

Tata Steel aims to complete Kalinganagar project expansion by Dec 2024

Tata Steel aims to complete expansion of its Kalinganagar project by December next year, a company official said.

Vivo case: Notice to Tihar officials on Lava MD's plea against jail shift

ED recently arrested Chinese national Guangwen Kuang, Lava International's MD Hariom Rai Nitin Garg and Rajan Malik under a different section of the Money Laundering Act

Snacking brand Farmley raises Rs 56 crore from BC Jindal Group, others

Farmley Co-Founder Akash Sharma told PTI that the company has raised $6.7 million which will be utilised in innovation, expanding distribution channel and brand building efforts

LIC to play key role in achieving 'Insurance For All by 2047': Chairman

"The focus would be how to cover maximum rural masses who actually need insurance. In coming days, rural share will also go up to our total business kitty," LIC Chairman Siddhartha Mohanty said