Page 1104 - Company News

Tata Motor's electric vehicle arm ties up with JLR for Avinya range

The pact envisages TPEM licensing JLR's electrified modular architecture platform for a royalty fee for the development of Avinya series, the company said

CSIR-NIIST, HAL sign MoU to strengthen indigenisation in aerospace sector

The Memorandum of Understanding (MoU) was signed in the presence of senior scientists and officials from both organisations, the release said

Cholamandalam Investment and Finance Q2 result: Profit up 35% to Rs 762 cr

The city-based financial services arm of diversified conglomerate Murugappa Group had reported a standalone profit at Rs 563.41 crore in the corresponding quarter of last year

D B Realty arms sell shareholding in Siddhivinayak Realties for Rs 376 cr

This has been done to "settle part of the group liabilities given by RCFL to the company, its subsidiary - Goregaon Hotel And Realty Pvt Ltd and its associate - Bamboo Hotel & Global Centre

HPCL to set up 2G bio-refinery plant worth Rs 1,400 crore in Punjab

The 2G bio-refinery is designed for the utilisation of paddy straw for the production of ethanol for blending with petrol under the Ethanol Blending Program of the Central Government

Ajio launches D2C content-driven interactive e-commerce platform Ajiogram

Easily accessed by switching stores within the Ajio app, Ajiogram aims to onboard 200 exclusive homegrown D2C brands by next year

Pizza Hut India operator 'cautious' on expansion after 20% sales slump

Shares of Sapphire slid as much as 8.8% post-results

Lufthansa upbeat on travel demand, posts adjusted EBIT at $1.56 bn in Q3

Lufthansa shares were set for their biggest daily gain since June 2022, according to Eikon data, in the wake of the earnings announcement

Moderna tempers 2023 Covid vaccine sales forecast on weaker demand

Analysts estimate over $100 million in sales for each of Moderna's new vaccines against RSV and flu, which also has yet to be approved, in 2024, according to LSEG data

Dabur appoints former CEC Sushil Chandra as new independent director

Chandra has been appointed as an independent director for a period of five years, subject to the approval of shareholders

WeWork Inc's bankruptcy filing will not impact India biz: CEO Virwani

Co-working space provider WeWork Inc. wishes to move forward with filing a bankruptcy sometime in the next week, as reported by The Wall Street Journal

WhatsApp banned 7.11 mn Indian accounts in September, shows govt data

"Safety related grievances pertain to issues that may be about abuse or harmful behaviour on the platform," it said

Minda inks pact to form JV with Taiwan firm to produce sunroof for PVs

The joint venture will offer a full system solution ranging from design, and development to manufacturing of sunroof for passenger vehicles, the company said in a statement

Dabur Q2 result: Profit up 5% to Rs 507.04 cr, revenue at Rs 3,203 cr

The company had posted a net profit of Rs 490.86 crore in the July-September quarter a year ago, according to a regulatory filing

MPCB asks HPCL, Tata Power to cut down production by 50% in Mumbai

The MPCB also forfeited the bank guarantee of Rs 10 lakh of Aegis Logistics and Rs 5 lakh of Sealord Containers, it said

NBA and Bhaane announce multiyear collaboration to launch NBAStore.in

The online store provides a comprehensive selection of official NBA merchandise in India

GAIL signs Rs 63,000 cr deal to source petrochemical feedstock from BPCL

GAIL is constructing India's first propane dehydrogenation (PDH) plant at Usar in Maharashtra with a nameplate capacity of 500,000 tonnes per annum

Lupin receives approval from the US FDA for its Selexipag for injection

In 2022, sales of the Selexipag Franchise in the US stood at $ 1.1 billion. The sales for January 1 to September 30, 2023, stood at $978 million

Coal India's supply to thermal power plants rises 11% to 50.8 MT in October

The fuel supply by Coal India Ltd (CIL) to the power sector was 45.8 MT in October last fiscal

Zydus ties up with Guardant to promote cancer tests across India, Nepal

The agreement demonstrates a shared commitment to advance precision medicine and improve patient outcomes in the region, it added