Page 1057 - Company News
Network18 group announces consolidation of TV, digital news businesses
It will enable Network18 to consolidate and further grow its business from a position of strength, the statement said
 "Network18 group announces consolidation of TV, digital news businesses")
Trafigura sets aside $127 mn provision for Brazil, US DOJ fine to end probe
Trafigura is alleged to have made profits from these contracts amounting so far to $143.7 million
 "Trafigura sets aside $127 mn provision for Brazil, US DOJ fine to end probe")
DRL partners with Coya Therapeutics to develop nerve disorder therapy
Amyotrophic Lateral Sclerosis (ALS) is a fatal neurological disorder characterised by progressive degeneration of nerve cells in the spinal cord and brain
 "DRL partners with Coya Therapeutics to develop nerve disorder therapy")
Dr Reddy's, Coya Therapeutics ink licensing agreement for ALS cure drug
Dr Reddy's Laboratories on Wednesday said its unit has inked a licensing agreement with Coya Therapeutics Inc to develop a combination therapy for the treatment of amyotrophic lateral sclerosis (ALS).
 "Dr Reddy's, Coya Therapeutics ink licensing agreement for ALS cure drug")
Paytm to trim small-ticket postpaid loans after RBI tightens norms
It disbursed personal loans amounting to Rs 3,927 crore and merchant loans worth Rs 3,275 crore in Q2FY24
 "Paytm to trim small-ticket postpaid loans after RBI tightens norms")
Versuni witnesses great festival season with premium products driving sales
Taurani added that the festival season also reversed the post-Covid slowdown that the small appliances market was witnessing
 "Versuni witnesses great festival season with premium products driving sales")
Hindustan Aeronautics spending over Rs 2,000 crore this year on R&D
"We wanted to showcase what we are doing towards 'Atmanirbharta' (self-reliance) in defence. The HAL has been doing it over a period of time," said Director of Engineering and R&D at HAL
 "Hindustan Aeronautics spending over Rs 2,000 crore this year on R&D")
Himadri Chemical to invest Rs 4,800 cr in Li-ion battery component facility
The company aims to produce 200,000 tonnes of lithium iron phosphate (LFP) cathode active material, catering to 100 GWh (gigawatt hour) of lithium-ion (Li-ion) battery
 "Himadri Chemical to invest Rs 4,800 cr in Li-ion battery component facility")
Govt to sell 8% stake in IRCON International through offer-for-sale
The plan is to offload 37.6 million equity shares, of face value of Rs 2 each-representing 4 per cent of the company for non-retail investors on Thursday
 "Govt to sell 8% stake in IRCON International through offer-for-sale")
Adani Group's $79 billion rally makes a winner of GQG's Rajiv Jain
Jain acquired Adani shares weeks after a brutal shortseller report had battered the ports-to-power conglomerate and wiped out more $150 billion in market value
 "Adani Group's $79 billion rally makes a winner of GQG's Rajiv Jain")
Maruti Suzuki's electric SUV to be manufactured in Gujarat's Hansalpur
Suzuki Motor Gujarat Private Ltd (SMG), which runs the car manufacturing plant at Hansalpur, is a wholly-owned subsidiary of Maruti Suzuki and commenced operation in February 2017
 "Maruti Suzuki's electric SUV to be manufactured in Gujarat's Hansalpur")
Centre to sell up to 8% stake in state-run IRCON International this week
The government owns 73.18% in the engineering and construction company, and the 8% stake sale will help the government to raise about 11.59 billion rupees ($139.11 million)
 "Centre to sell up to 8% stake in state-run IRCON International this week")
Sun Pharma subsidiary announces licensing pact with Aclaris Therapeutics
Aclaris Therapeutics is a clinical-stage biopharmaceutical company focused on developing novel drugs for immuno-inflammatory diseases
 "Sun Pharma subsidiary announces licensing pact with Aclaris Therapeutics")
COP28: Renewables a way to phase out fossil fuels, says TotalEnergies
Governments at previous climate talks agreed to phase down the use of unabated coal, but the talks, hosted by oil power United Arab Emirates, have so far been split on the future role of fossil fuels
 "COP28: Renewables a way to phase out fossil fuels, says TotalEnergies")
1 mn new customers likely to shop from 2,300,000 styles at Myntra EORS sale
Several brands are expected to witness high traction. Some of them include Jack & Jones, Lakme, Rare Rabbit, Boat, Wildcraft, OnePlus, Mango, Forever 21, and Roadster, among others
 "1 mn new customers likely to shop from 2,300,000 styles at Myntra EORS sale")
Volkswagen shareholders demand more scrutiny after China plant audit
Volkswagen said on Tuesday that the much-anticipated audit of its China car plant had found no evidence of forced labour
 "Volkswagen shareholders demand more scrutiny after China plant audit")
Trafigura checked traders didn't collude in Gupta fraud case: Report
Trafigura filed a lawsuit against Gupta in February, alleging seven companies that it said were controlled by him carried out a systematic fraud involving nickel cargoes
 "Trafigura checked traders didn't collude in Gupta fraud case: Report")
Group to invest $75 bn to scale up AGEL's RE portfolio to 45 GW: Adani
The investments will boost the group's vision to have 45 gigawatt of renewable energy capacity by 2030, Adani said in a statement
 "Group to invest $75 bn to scale up AGEL's RE portfolio to 45 GW: Adani")
CDS General Anil Chauhan to open HAL's avionics exposition in Delhi
State-owned aerospace and defence equipment maker to showcase capabilities in avionics
 "CDS General Anil Chauhan to open HAL's avionics exposition in Delhi")
Paytm expands loan distribution business, targets personal, merchant loans
Paytm said that it would continue to collaborate and add banks and NBFCs as lending partners for its loan distribution business
 "Paytm expands loan distribution business, targets personal, merchant loans")