Page 1042 - Company News

Honda Elevate crosses 20,000 sales-mark since its launch in September

India is the first country to manufacture and sell the Elevate globally

Zydus Lifesciences gets USFDA nod to sell generic anti-epileptic medication

The company said it will manufacture the product at the group's formulation manufacturing facility in Moraiya, Ahmedabad

Reliance General Insurance launches new policy for overseas treatment

Reliance General Insurance Company Ltd (RGICL) on Saturday said it has launched a new policy to make global healthcare accessible to Indians.

Adani Group acquires majority stake in news agency IANS for undisclosed sum

Adani had forayed into media business in March last year when it acquired Quintillion Business Media, which operates business and financial news digital media platform BQ Prime

Infy hands out salary revision letters to employees, hikes effective Nov 1

Traditionally, Infosys rolls out its annual salary hikes for employees below the senior management in April, with other people in the organisation receiving their share of hikes in July

Disney-Reliance entertainment biz deal may be beset with antitrust issues

If a deal was struck, it would be the second to seismically reshape India's TV and streaming landscape as Japan's Sony also plans to merge its India business with India's Zee Entertainment

Addicted to Disney: Why former executives find it hard to stay away

In his book, The Hero's Farewell: What Happens When CEOs Retire, Yale University professor Jeffrey Sonnenfeld chronicled several personality types who find it hard to leave

Bata steps up to take on global moulded footwear and sneaker brands

Bata is pushing its Floatz product line to grab a share of the moulded footwear market but at a lower price than Crocs and Birkenstock

'India's own AI': Ola's Bhavish Aggarwal joins the race with Krutrim

Krutrim has joined the increasingly-competitive AI race dominated by players such as Google, Microsoft and OpenAI

Valuations capture upsides in Thermax stock; double-digit growth likely

Thermax is looking to build technical capability in boilers, electrostatic precipitators, regenerative air gas heaters, and pulse jet bag filters, as well as other new areas

PharmEasy bags Rs 1.3K cr from Pai; Rs 3.5K cr rights issue oversubscribed

Besides Pai's commitment, PharmEasy raised the remaining Rs 2,200 crore from existing shareholders

General Atlantic pares 10% stake in KFin Technologies for Rs 851 cr

The shares were disposed of at an average price of Rs 500.50 apiece, taking the transaction value to Rs 850.85 crore

Investcorp leads Rs 340-cr funding to packaging firm Canpac Trends

Canpac has four manufacturing plants in Ahmedabad, Kolkata and Tiruppur in Tamil Nadu, apart from an R&D facility

Tesla autopilot recall threatens its defence in lawsuits over crashes

An increased threat of losses for Tesla in Autopilot litigation could embolden others to challenge the technology in court and force the company to pay compensatory damages

Adani Green Energy announces incorporation of two step down subsidiaries

Both step down subsidiaries have authorised as well as paid-up share capital of Rs 1 lakh each

Muted demand, cautious outlook dampens Page Industires' turnaround hopes

The company posted an 8 per cent decline in revenues both over the year-ago quarter as well as on a sequential basis in the September quarter

NCLAT refuses to stay Zee-Sony merger, case to be heard on January 8

Tribunal agrees to hear appeal against it on Jan 8

Vedanta Resources prioritising private credit facility, says S&P Global

Analysts with S&P on the call noted that the liability management exercise is not as straightforward as seen in this region or globally

Softbank divests 2.5% stake in Policybazaar's parent firm worth Rs 914 cr

Following the share sale, shares of PB Fintech fell 2.31% to close at Rs 789.45 apiece on the BSE

LIC notifies hike in gratuity limit to Rs 5 lakh from Rs 3 lakh for agents

It also enabled the reappointed agents to be eligible for renewal commission, thereby providing them with increased financial stability