Page 1504 - Company News

ED knocks at the door of Franklin Templeton execs, conducts searches

Sebi in 2021 barred firm from launching new debt schemes for violating norms in winding up of 6 debt schemes

Eris Lifesciences buys dermatology brands from Dr Reddy's for Rs 275 crore

In January Eris had bought some derma brands from Glenmark Pharma as well

Malaysia's Petronas offers $460 mn for stake in NTPC's green arm: Report

The deal was the first time an Indian state-run company has offered a stake in a renewable energy arm and comes as the country's renewables sector is attracting increasing foreign investment

CARE upgrades outlook on Vodafone Idea to positive; reaffirms ratings

The ratings, however, remains underpinned by VIL's deteriorated financial risk profile, wherein, the tangible net-worth has eroded

K Krithivasan: A lot riding on TCS CEO-designate's track record

Chennai, his base, is one of the biggest centres for TCS in terms of talent

Rajesh Gopinathan quits as TCS CEO; K Krithivasan appointed CEO-designate

Krithivasan has been part of the global technology sector for over 34 years. He joined TCS in 1989

Foxconn Technology plant in India to assemble Apple AirPods in India

For Foxconn the $200 million investment in the new factory comes over and above the Rs 1,000 crore it has invested in its unit in Tamil Nadu to make iPhones under the PLI scheme

Scam-call blocker Truecaller opens first India office in Bengaluru

The company opened a facility in Bengaluru, which is its largest office in the world outside of its headquarters in Sweden

Eris Lifesciences Ltd buys 9 dermatology brands from Dr Reddy's for $33 mn

Eris and Dr. Reddy's did not immediately respond to Reuters' requests seeking the names of the dermatology brands

Lamborghini to deploy hybrid tech across model range in India by 2024-end

Lamborghini plans to deploy hybrid technology in its models in India by the end of 2024 as the Italian super sports car maker aims to halve the emissions from its cars in the coming years

Zee Entertainment set to repay IndusInd $10 million to wrap Sony deal

The settling of dues of about Rs 837 million ($10 million) to the lender could happen as early as Friday and the Mumbai-based bank has agreed to withdraw its insolvency proceedings

Under Rajesh Gopinathan, TCS turned into a slow-moving tech giant

Retained its edge in terms of Ebitda or operating margins over industry peers

Bharti-backed OneWeb to launch 36 satellites with Isro by March end

Company's eighteenth launch will complete global constellation of satellites connecting connect enterprises and governments

Ecofy, Mahindra Solarize team up for rooftop solar financing, installation

Promoted by Eversource Capital, Ecofy aims to be a catalyst in accelerating the transition towards a net zero carbon world

Restaurant app peAR raises Rs 4.2 cr in funding for business expansion

Company uses augmented reality to enable users to visualise dishes before ordering

Google's 'castle and moat' strategy is data hegemony: CCI tells NCLAT

Fair trade regulator CCI on Thursday alleged that Google has created a digital data hegemony and called for a market space with "free, fair and open competition".

Glenmark Pharma get USFDA nod for human trial of cancer-treating drug

By inhibiting HPK1, GRC 54276 is designed to potentially enhance the patient's own immune system to fight cancers, it added

myTVS to set up centres in 3 Asia Pacific nations for overseas foray

Vehicle service provider is present across India through around 25,000 garages and 1,100 outlets

OYO launches accelerator programme for first-generation hoteliers

It will provide technology, relationship managers, financial support, and access to OYO's network

OYO rolls out accelerator programme for small first-generation hoteliers

The focus of the programme is on increasing the footprint of brands like Townhouse Oak, OYO Townhouse, Collection O and Capital O