Page 1561 - Company News

Snapchat crosses over 750 mn monthly active users, announces CEO Spiegel

Snapchat has crossed over 750 million monthly active users, its parent company Snap announced on Friday.

AstraZeneca gets CDSCO nod for drug to treat biliary tract cancer

The company has received approval from the Central Drugs Standard Control Organisation (CDSCO) for Durvalumab, the drug firm said in a statement

DocuSign to lay off 10% of its workforce as part of its restructuring plan

US-based e-signature software company DocuSign has announced that it plans to lay off around 10 per cent of its workforce as part of the restructuring plan.

Drug firm Glenmark gets USFDA nod for generic diabetes drug to market in US

Drug firm Glenmark said it has received approval from the US health regulator to market a generic medication to treat diabetes in the American market.

Godrej Properties acquires Raj Kapoor's Bungalow in Mumbai for Rs 500 cr

The site is located at Deonar Farm Road, Chembur, Mumbai, adjacent to Tata Institute of Social Sciences (TISS)

Adani vs Hindenburg: SC to hear PILs, mull over setting up experts' panel

The Centre had told the bench, also comprising Justices P S Narasimha and J B Pardiwala, that it wanted to provide details such as names and the scope of the panel's mandate in a sealed cover

IndiGo plans flights to Nairobi, Jakarta, central Asian destinations: CEO

The country's largest airline IndiGo, which is back with a bang, is looking to start flights to Nairobi, Jakarta and some central Asian destinations as the carrier focuses on internationalisation

Tech giant Microsoft now supports Windows 11 on Apple's M1, M2 Macs

Tech giant Microsoft is officially supporting Windows 11 on Apple's M1 and M2 Macs, by partnering with the software company Parallels.

BEL & Israel Aerospace to form JV for product support to Indian defence

The announcement was made by Union Minister of State for Defence Ajay Bhat, at Aero India 2023, the ongoing biennial air show and aviation exhibition in Bengaluru

Adani's crisis to spark democratic revival in India, says George Soros

The fallout from US short seller Hindenburg Research's attack on the conglomerate threatens to hurt investor confidence in India, has fueled concerns about the country's regulatory framework

Tata Steel completes first multi-modal shipment of TMT bars to Tripura

Tata Steel successfully completed the first multi-modal shipment of 960 tonnes of TMT bars from West Bengal's Haldia Port to Tripura's Agartala, the company said on Thursday

Adani Green to disclose refinancing plan after fiscal year ends: Report

One of its subsidiaries, Adani Green Energy Limited Restricted Group, will refinance existing bonds through a 15-year amortizing private placement, the executive said, according to the sources

MSCI delays index weighting changes for two Adani companies to May review

The reversal of the updates to Adani Total Gas and Adani Transmission in the February index review will be reflected in the MSCI Index Product files starting from Feb. 16, MSCI said

Non-BFSI companies' net profits shrink sharply for second quarter

Banks account for most of incremental growth in India Inc earnings

Adani Group aims to tackle debt deadlines with cash, private notes

The management said on the call it was seeking to cut the group's net debt to below three times Ebitda (earnings before interest, taxes, depreciation, and amortization) next year

Biggest corporate bond deal: HDFC raises Rs 25,000 crore via NCDs

ICICI, Axis, HDFC Bank, ICICI Securities Primary Dealership arranged the deal

Indian Oil clarifies on Adani Gas deal after public scrutiny: Report

An Indian Oil spokeswoman said on Thursday that the agreement with Adani was signed very recently and there was no commitment on capacity use

Adani says appointment of Grant Thornton as auditor 'market rumour'

The audits was to specifically look into if there was any misappropriation or repatriation of funds and if loans were used for any purpose other than the one they were intended for

Akasa Air to place large plane order in 2023, eyes international growth

The new order will be for narrowbody planes, said Akasa's co-founder, a former chief executive of now-grounded, bankrupt full-service carrier Jet Airways

Air India order for 840 planes, with 370 as options: Airline executive

Order of 840 aircraft a culmination of a fascinating two-year journey: CCTO