Page 1148 - Company News
Drug regulator CDSCO finds syrups made by Norris Medicines toxic: Report
The drug regulator for Gujarat state, where Norris is based, told Reuters that its factory had been closed
 "Drug regulator CDSCO finds syrups made by Norris Medicines toxic: Report")
Physics Wallah plans to open offline counselling centres in 16 more cities
The company has a team of experienced counsellors -- 17 online and six offline -- in Kota and Patna that are run under the name of Prerna
 "Physics Wallah plans to open offline counselling centres in 16 more cities")
Jio, Airtel to invest Rs 75,000 cr on network this fiscal: JM Financials
Jio may invest around Rs 42,000 cr and Bharti Airtel around Rs 33,000 cr in FY24, but the investment will taper down after their 5G network rollout target is met as per their announcement
 "Jio, Airtel to invest Rs 75,000 cr on network this fiscal: JM Financials")
House panel calls social media cos for meeting on content, monopoly
To quiz platforms such as YouTube, X, WhatsApp, Insta about 'monopolistic practices' and content-related issues
 "House panel calls social media cos for meeting on content, monopoly")
Pilot exodus: Akasa stops flights on 8 routes, reduces service on 10 others
The airline's spokesperson said that the airline is poised to take delivery of additional aircraft from Boeing in the remainder of 2023-24
 "Pilot exodus: Akasa stops flights on 8 routes, reduces service on 10 others")
PNB, RBL, Jammu & Kashmir Bank reports robust growth in advances for Q2
PNB saw a rise in advances to Rs 1,308,719 crore, marking a 9.70 per cent increase from Rs 1,193,501 crore in the second quarter of FY24 compared to the same period in FY23
 "PNB, RBL, Jammu & Kashmir Bank reports robust growth in advances for Q2")
Coca-Cola India introduces 100% recycled PET bottles for carbonated drink
Beverages major Coca-Cola on Wednesday said it has introduced 100 per cent recycled PET bottles for its carbonated beverage supporting the circular economy
 "Coca-Cola India introduces 100% recycled PET bottles for carbonated drink")
KKR holdings opens new office in Gurugram for global operating model
This recent venture marks KKR's second establishment in India, reflecting the pivotal role the Asia Pacific assumes in its overarching strategy
 "KKR holdings opens new office in Gurugram for global operating model")
Reliance Retail Ventures plans another stake sale of $250-300 million
The funds divested in Reliance Retail amount to 11.31 per cent of the stake, for which investors have forked out Rs 57,562 crore
 "Reliance Retail Ventures plans another stake sale of $250-300 million")
Reliance unveils swappable, multipurpose batteries for EVs for clean energy
The idea is that a person can use one battery for mobility as well as for powering appliances at home, company executives at the event said
 "Reliance unveils swappable, multipurpose batteries for EVs for clean energy")
Design software company Canva unveils AI tools to take on rivals like Adobe
The new suite, dubbed Magic Studio, marks the latest in a series of product launches in the past year, including enterprise-focused tools in September 2022 and AI software in March
 "Design software company Canva unveils AI tools to take on rivals like Adobe")
Corporate exits under C-PACE now in 100 days instead of 180 days: MCA secy
In her Budget speech last year, Finance Minister Nirmala Sitharaman had introduced the inception of C-PACE for the 2022-23 fiscal year
 "Corporate exits under C-PACE now in 100 days instead of 180 days: MCA secy")
Delay looms over Go First's revival as another bench will now hear matter
The bench highlighted that since the requests made by all involved parties were based on similar grounds, a fresh bench could determine the outcomes
 "Delay looms over Go First's revival as another bench will now hear matter")
Reliance Brands to acquire majority of Superdry's IP assets in India
In this JV, RBUK and Superdry will own 76 per cent and 24 per cent of the entity, respectively
 "Reliance Brands to acquire majority of Superdry's IP assets in India")
Manipal Hospitals to add 750 beds in WB, Odisha under east expansion plan
Nationally, Manipal Hospitals boasts a capacity of 9,500 beds
 "Manipal Hospitals to add 750 beds in WB, Odisha under east expansion plan")
TVS Emerald garners sales from 1st plotted development project in Karnataka
TVS Emerald, a subsidiary of TVS Holdings Ltd, has registered a sale value of Rs 169 crore on the day of launch of its first plotted development project in Karnataka
 "TVS Emerald garners sales from 1st plotted development project in Karnataka")
Air India to operate non-stop Kolkata-Bangkok flights from Oct 23
Air India currently operates a total of 14 flights to Bangkok per week with daily non-stop flights from Delhi and Mumbai connecting the destination, it said
 "Air India to operate non-stop Kolkata-Bangkok flights from Oct 23")
Google appoints new public policy head in India amid regulatory overhaul
The central government is currently working on the draft Digital India Bill to replace the Information Technology Act, 2000
 "Google appoints new public policy head in India amid regulatory overhaul")
Lenders of Jet Airways question source of revival infusion by JKC
Say payment not in compliance with resolution plan; consortium questions lenders' intent to transfer airline's ownership
 "Lenders of Jet Airways question source of revival infusion by JKC")
Marico's revenue to be marginally lower in Q2 due to price corrections
Domestic volume growth in low single-digits
 "Marico's revenue to be marginally lower in Q2 due to price corrections")