Page 1588 - Company News

Godrej Properties' sales bookings rise 77% to Rs 8,181cr in Apr-Dec period

The sales bookings in the third quarter were the highest for the company for any quarter ever, Godrej highlighted

HC directs firm to pay Rs 2 crore damages to Pfizer for contempt of court

The Delhi High Court has directed a firm to pay Rs 2 crore as damages to pharma giant Pfizer Inc for committing wilful" and "contumacious contempt of court by disobeying its order.

Reliance Jio launches its 'True 5G' services in Uttarakhand's Haridwar

Reliance Jio on Saturday said it has launched its True 5G services in Haridwar, Uttarakhand

Close to 100,000 tech employees lost jobs globally in January alone

In what could be touted as the worst month ever for tech workers, close to 1 lakh of them lost jobs in the month of January globally

Chennai-based pharma firm recalls eye drops from US after 55 adverse cases

A Chennai-based company has recalled its eye drops from the US market after a US govt agency has informed the company that several adverse events had taken place

Adani shelves $122 mn bond plan after Hindenburg report cause market rout

Adani Enterprises Ltd. has shelved a plan to raise as much as 10 billion rupees ($122 million) via its first-ever public sale of bonds following a market rout

Inside the 19-hour meltdown that scuttled Adani Group's $2.5 bn share sale

Adani chose to forgo short-term victory of nailing the follow-on offer to protect his longer-term relationships with marquee investors who otherwise were staring at some embarrassing mark-to-market

Chennai-based firm's eye drops contaminated, says US FDA report

The US FDA said that using contaminated artificial tears increases risk of eye infections that could result in blindness or death

JK Tyre and Industries' Q3 profit up 24%, income rises 17% to Rs 3,622 cr

The company's total income during the quarter was seen up by 17 per cent to Rs 3,622.62 crore, as against Rs 3,083.95 crore during the third quarter of 2021-22

Distribution helps Tata Power log over two-fold rise in Q3 net to Rs 945 cr

The company's consolidated earnings before interest tax depreciation and amortisation (Ebitda) grew 53 per cent versus last year to Rs 3,816 crore

Ministry of Corporate Affairs reviews Adani Group's financial statements

India's ministry of corporate affairs has started a preliminary review of Adani Group's financial statements and other regulatory submissions made over the years

Divi's Labs stock tanks 12% on big miss in Q3; near-term trend 'bearish'

Analysts' average price target of Rs 3,862, however, indicates significant upside. The near-term trend remains bearish

Air India, AirAsia to tweak 'flight path' to avoid internal competition

Under the streamlining plan, A-I may exit five routes and AirAsia India four

Investors fret on Google, Apple, Amazon's lackluster quarterly performance

Wall Street has its eyes on big tech after some of the biggest companies in the world posted lackluster quarterly financial performances.

Planned FY24 spectrum sale round drives non-tax revenue goal from telecom

Officials said deferred spectrum charges to be paid by telcos also make up a large chunk of the expected revenues

Govt gets 33% stake in Vodafone Idea, promoters to invest as well

Centre clears Rs 16,133-crore dues conversion into equity

Disallowing input tax credit may increase CSR cost, impact beneficiaries

CSR activities were not treated as a business expenditure

Elon Musk surprise appearance as high-profile Tesla tweet trial wraps up

A high-profile trial focused on a 2018 tweet about the financing for a Tesla buyout that never happened drew a surprise spectator Friday

Ford Motor's shares tumble as CEO says $2 bn profit left 'on table'

Ford shares fell as much as 11% Friday in New York, the biggest intraday decline since September 20

Amul again hikes milk prices by Rs 3 a litre; fodder rates blamed

Gujarat spared; in milk, 80% of consumer price is passed on to farmers as procurement cost