Page 1084 - Company News

Vedanta's arm Malco Energy sets up new unit in Saudi for copper business

Malco Energy Ltd, a wholly-owned subsidiary of the Company, has incorporated a new wholly-owned Subsidiary in the name of 'Vedanta Copper International VCI Company Limited, the company informed.

Shriram Group's decision to foray into retail ARC is good biz: Top official

The Shriram group recently announced its entry into retail asset restructuring (ARC) and also into digital wealth management service businesses.

Puravankara bags two housing societies' redevelopment projects in Mumbai

Puravankara Ltd has posted a consolidated net loss of Rs 11.22 crore in the September quarter and clocked an over two-fold jump in its sales bookings to Rs 1,600 crore.

Tata 1mg overtakes PharmEasy as leaders in India's e-pharmacy market

Tata 1mg now holds 31% of the market share, up from 19% in October 2022. PharmEasy's market share decreased to 15% from 33% in the same period

PTC India to be debt free post divestment of PTC Energy to ONGC, says CMD

PTC India in October announced that the upstream firm ONGC had emerged as the successful bidder for acquiring its 100 per cent stake in PTC Energy for an enterprise value of Rs 2,021 crore

NITES files complaint against TCS over forced transfer of employees

The Nascent Information Technology Employees Senate (NITES) filed a complaint against Tata Consultancy Services over involuntary transfers of over 2,000 employees

Reliance JioCinema signs up Pokemon in kids entertainment push: Report

The deal, signed this month, will make JioCinema's streaming app the "exclusive" India platform partner for more than 1,000 episodes and around 20 movies of the Japanese anime series

Indian pharma firm recalls 27 types of eyedrops in US made for CVS, Walmart

The Food and Drug Administration warned consumers last month not to purchase or use store-brand eyedrops from Walmart Inc., CVS Health Corp., Target Corp. and other companies

WhatsApp channels cross 500 million monthly active users mark: Zuckerberg

Recently launched as a feature on WhatsApp, channels allow users to get updates from people, organisations, and teams that they follow on the messaging platform

InGovern raises red flags over Care Health Esops to REL's Rashmi Saluja

The source said Care Health could, therefore, pass a fresh resolution for the grant of Esops to Saluja without requiring any Irdai approval

RBI bars Bajaj Finance from lending under eCOM, Insta EMI Card products

Bajaj Finance says no material impact; to review KFS

Fall in commodity, energy prices fuels India Inc's Q2FY24 earnings

Analysts say gains from margin expansion have peaked for now

NITES approaches Centre against 'unethical' transfer practices of TCS

NITES claimed that the company has cautioned the employees that failure to comply with the transfer directions will result in disciplinary actions

2 Dabur firms get relief in lawsuits in US, 3rd entity to face charges

Three foreign subsidiaries of Dabur India -- Namaste Laboratories LLC, Dermoviva Skin Essentials Inc and Dabur International Ltd -- were facing approximately 5,400 cases in the federal and state court

Near-term headwinds likely to delay recovery in agrochemical major UPL

Overall, the revenues were down 19 per cent on the back of lower agrochemical prices and inventory destocking

A bad day at home can lead to a bad day at work, says professionals' survey

Family support is as crucial for a good professional life and better work productivity, it added

Suzlon's S1443 MW series of wind turbines get RLMM listing by MNRE

Suzlon has already installed the first prototype of this series at a hub height of 160m with a Hybrid Lattice Tubular (HLT) tower at the Gondal site in Gujarat

Rolls-Royce successfully powers up UltraFan technology demonstrator

The initial stage of the test was conducted using 100 per cent Sustainable Aviation Fuel

Cipla concludes 51.18% stake sale in Ugandan subsidiary for $25 million

The sale was executed by Cipla (EU) Limited, UK, and Meditab Holdings Limited, Mauritius, both wholly-owned subsidiaries of Cipla Limited

Paytm partners with travel tech firm Amadeus for search, flight deals

Fintech firm's users will get access to information on low-cost carriers, hotels