Page 1314 - Company News

Delhi HC restrains Cipla from using Gluco-C or Gluco-D trademarks

Zydus argued that Cipla started branding its Glucose product under Gluco C ++ and Gluco D ++, in order to create confusion in the minds of customers

Tech glitch: HMA Agro Industries starts trading before 10 am on the NSE

The stock price was fluctuating before 10 am and at 9:55 am, the stock touched Rs 632, while the indicative opening price was Rs 625 on the NSE; at 10 am, the stock touched Rs 664

India firms' deleveraging to slow down; little room for rating upgrade: S&P

Rated companies in good credit shape due to growth and accommodative balance sheets, says agency

Byju's promoters have sold stake worth $408.5 mn since 2015-16: Report

This has taken the promoter shareholding in Byju's to 21.2 per cent currently from 71.6 per cent in 2015-16

Amid deep financial crisis, Byju's and Shah Rukh Khan may part ways

In 2017, Byju's signed Shah Rukh Khan for an annual payment of around Rs 4 crore

'Onus of deducting TCS on overseas hotel bookings should be on banks'

MakeMyTrip Group Vice President-Taxation Tajinder Singh said, in case a tour package is booked from the e-commerce portal, the company will take an undertaking from its customers

Mankind Pharma's success boosts hopes of more consumer IPOs in India

The company, which raised Rs 4,330 crore ($528 million) in India's second-largest new share sale this year, has seen its shares jump 57% in almost two months, drawing a rush of buy calls from analysts

SpiceJet most delayed Indian airline as travel season takes a toll

With the busy summer travel season arriving, only 61% of SpiceJet's flights departed on time from the country's four biggest airports - Mumbai, Delhi, Bengaluru and Hyderabad - in May

For advising on $64 billion HDFC Bank deal, bankers get a 0.0002% fee

HDFC's all-stock merger into HDFC Bank Ltd., which created one of the most valuable banks in the world, has about 18 advisers who got credit for a fee pool of just over $1 million

Biocon Biologics biosimilar available in US, to treat inflammatory diseases

The company said HULIO (adalimumab) injection, a biosimilar to Humira (adalimumab), is now available to patients in the US after five years of experience in Europe and two years in Canada

Mumbai-based investment firm A91 Partners invests $30 million in KaarTech

Founded in 2006, KaarTech specialises in digital services with expertise in discrete manufacturing, professional services automation, process manufacturing and consumer packaged goods

IDFC First Bank to merge with IDFC, makes India's largest corporate deal

The share exchange ratio will result in a premium of about 20 per cent on the closing market price of the shares of IDFC vis-a-vis IDFC First Bank as of June 30, 2023

Ahead of IPO, Senco Gold collects over Rs 121 cr from anchor investors

Jewellery retail player Senco Gold Ltd on Monday said it has mobilised Rs 121.5 crore from anchor investors ahead of its initial share sale

Made it a point to ensure zero customer disruptions: HDFC Bank Deputy MD

Once the merger was announced in April 2022, for an initial period of time due to regulatory requirements we were not engaging with one another

Jio launches Jio Bharat 4G phone at Rs 999 to make India '2G-mukt'

Also announces a monthly plan of Rs 123, against rivals' cheapest plan of Rs 199

Torrent begins pilot project for blending green hydrogen with natural gas

The pilot project underway in Gorakhpur, Uttar Pradesh, is expected to complete in 8 months, the company said in a statement

Delhi HC rules in favour of Nokia in patent infringement case against Oppo

Nokia claims that Oppo is the world's second-largest manufacturer of smartphones having overtaken Apple and Oppo's sales in India account for around 23 per cent of its global sales

Tube Investments forays into small commercial electric vehicle segment

Signs deal to acquire 50% stake in Jayem Auto

IIHL to raise $1.5 bn to fund RCap buy, increase holding in IndusInd Bank

Referring to Reliance Capital's acquisition, IIHL said the administrator of the company had issued the duly signed letter of intent

APSEZ cargo handling grows by 11.5% to 101.4 MMT in April-June FY24

"Growth has been observed across most ports and all three broad cargo segments -- container over 19 per cent, liquids & gas 8 per cent, and dry bulk 7 per cent," it said