Page 1290 - Company News

Pfizer's proposed $43 bn takeover of Seagen faces EU investigation

If the takeover goes through, Seagen's portfolio would double Pfizer's pipeline of early-stage experimental cancer therapies, Pfizer has said

PropVR partners Unreal Engine to develop 3D solutions for realty sector

The partnership is to develop digital twin and interactive 3D solutions for the real estate industry, it added

Kia India receives record 13,424 first-day bookings for new Seltos

The bookings for the new Kia Seltos commenced on July 14

Crypto giant Binance lays off more than 1,000 employees, says report

Last week, a string of executives also quit Binance, which included its Chief Strategy Officer Patrick Hillmann

Ministry of Corporate Affairs to take back 7,338 cases under companies law

The ministry had constituted a committee to undertake a thorough review of all the pending litigations

More than 500 crew members to join Air India in each of coming months: CEO

Air India has embarked on an ambitious transformation plan under the ownership of the Tata Group

Flipkart makes nearly $700 mn cash payout to staff post PhonePe separation

The board of directors of Flipkart had announced the complete separation from the PhonePe business by selling off its entire shareholding in December 2022

Flexi-work options, mental health top workplace expectations of Gen Z

Flexible work options, organisations valuing mental health and inclusivity are top factors that make Gen Z happy at their workplace, a study said on Friday.

Netweb Technologies India raises Rs 189 crore from anchor investors

Nomura Funds, Goldman Sachs Funds, ICICI Prudential MF, HDFC MF and Nippon MF were among those who got an allotment

India1 Payments to expand white-label ATM network to 20,000 units in 3 yrs

At present, white-label ATMs represent 15 per cent of all ATMs in India

Air India to get 500+ crew every month, introduce crew rostering system

The carrier's domestic market share improved marginally at 9.7 per cent in June from 9.4 per cent in the previous month, DGCA data showed

JSW Energy Q1 net profit down 48%, revenue declines 3% to Rs 2,927 cr

JSW Energy said short-term sales were lower in the quarter under review due to an unfavourable base effect from the last financial year

EV aggregator LetsTransport raises $25 mn from Bertelsmann, others

The aggregator said its plug-and-play platform allows it to offer clients multiple assets across use cases in last-mile, mid-mile, and EV space

Adani group gets approval to redevelop the slums in Mumbai's Dharavi

Project has redevelopment potential of Rs 20,000 crore

NCLAT reserves order asking RIL to get nod for transferring RPPMSL's assets

NCLT also directed RIL to serve notice to all their respective creditors with instructions that they may submit their representations before it within 30 days

Trucking aggregator LetsTransport raises $25 mn in Series D funding round

The company claims to be one of the largest aggregators of commercial EVs in India

Lupin gets thumbs up from USFDA to market generic medication in US

The Mumbai-based drug maker's product is the generic version of Upsher-Smith Laboratories, LLC's product

Android case: SC to decide Google-CCI appeals against NCLAT on Oct 10

NCLAT had, on March 29, upheld Rs 1,337.76 cr penalty on tech giant for misusing its dominant position in Android mobile device ecosystem; CJI-led bench asks all parties to file submissions by Oct 3

JBM Auto shares surge 11% following 5,000 electric buses order from STUs

The company sells sheet metal components, tools, dies & moulds and buses including sale of spare parts, accessories and maintenance contract of buses

Results preview: Price hikes, lower input costs to aid auto firms' Q1

Most auto OEMs have increased their prices in the past few months and analysts feel that higher average selling price on a YoY basis would aid margins