Page 1125 - Company News

Glenmark gets USFDA nod to market generic version of Otezla tablets

Glenmark's current portfolio includes a total of 188 products that have been authorised for distribution in the US marketplace

IndiGo launches flights to 20 international destinations in last six months

The international flights include new routes and the resumption of flights within the airline's network

Exploring tie up with Japanese companies for chip plant in Gujarat: Vedanta

Vedanta's Akarsh K Hebbar during Vibrant Gujarat Global Summit roadshow in Japan had said that it is $80 bn opportunity for cos willing to come and invest in electronics manufacturing hub in Guj

Govt to sell up to 7% stake in HUDCO through an offer for sale this week

The plan includes selling 3.5% of the company, with an option to sell an additional 3.5% if the offer is oversubscribed

Zensar Technologies Q2 results: Net profit up 206.3% to Rs 173.9 crore

In terms of verticals, Manufacturing & Consumer and Banking & Financial Services led the growth for the second quarter, growing at 6.7 per cent and 3.1 per cent respectively

E-commerce firm Meesho's CXO for business Utkrishta Kumar moves on

Megha Agarwal, the current CXO for growth at Meesho, will take the mantle from Kumar and be the new CXO for business and Nilesh Gupta will take on the role of general manager for user growth

SUV segment to see intense competition among players: Tata Motors

Sports utility vehicles are driving the overall growth of the domestic passenger vehicle segment

Dabur receives Rs 320 crore GST demand; company to challenge notice

The company intends to challenge the notice based on 'strong merits' in front of the relevant authorities and has ensured this does not impact the overall financials or operations going forward

Tata Elxsi Q2 results: Profit rises 14.8% on uptick in transportation biz

The company's net profit rose 14.8% year-on-year to Rs 200 cr ($24.03 million), while revenue from operations climbed to Rs 882 cr

Dabur receives GST demand notice of Rs 320.60 cr, firm to challenge matter

The company will challenge the same based on strong merits by filing its reply before the relevant authorities, Dabur India said in a regulatory filing

Thailand's MQDC to open 42,000 square feet co-working centre in Gurugram

MQDC already has one co-working facility in South Delhi and is opening its second facility, 'Whizdom Club India, at Golf Course Road, Gurugram, next month

Tata Harrier, Safari facelifts launched, get five-star safety rating

Harrier and Safari are Tata's first cars to be tested under the new, more stringent norms of Global NCAP testing

Skoda Auto Volkswagen India to commence exports to Vietnam from 2024

The company, which inaugurated parts expedition centre at the Volkswagen group's headquarters in Chakan, Pune, said 'made-in-India' kits will be shipped from India to Vietnam for final production

Coal India, GAIL, RCF to partner to invest $372 mn in fertiliser JV

Coal India will need a federal cabinet nod for the infusion as the company has hit its investment ceiling, the sources said, adding that the cabinet is likely to take a call in the coming weeks

CEAT eyes market leadership in EV tyres within the next two years

Banerjee said that Ceat is focusing on specialty tyres, whether for agricultural use or other segments

Zomato has nothing to do with helmet-less woman biking viral video: CEO

In a post on X, Goyal said, "Hey! We had absolutely nothing to do with this. We don't endorse helmet-less biking. Also, we don't have a 'Indore Marketing Head'

Bajaj Finance picks 26% stake in fintech firm Pennant Technologies

Pennant will become a related party of Bajaj Finance after completion of deal

Ajmera Realty bags housing project in Mumbai; eyes Rs 360 cr sales revenue

In a regulatory filing, the Mumbai-based company informed that it has undertaken "redevelopment of Balkrishan Co-operative Housing Society based in Versova"

Government to exit Hindustan Zinc Ltd, but over an extended period

The residual stake is valued at approximately Rs 40,000 crore at current market prices

Jio Financial set to launch suite of loan products to expand footprint

JFS plans to launch auto, home loans and other products, as the billionaire Mukesh Ambani-backed company seeks to establish itself as a full-service financial services firm in a rapidly growing market