Page 1621 - Company News

PepsiCo plans to expand operation in Hyderabad, to add 1,200 workers

American multinational food company PepsiCo is planning to expand its operation in Hyderabad and add 1,200 employees within the next one and half years

Network18 posts Rs 76.8 mn net loss in December quarter amid ad slowdown

Network18 posted a consolidated loss of 76.8 million rupees ($938,875.31) in the quarter ended Dec. 31, compared to a profit of 971 million rupees a year earlier

Glenmark Pharmaceuticals launches drug to treat heart failure in India

Its approved indication is to reduce the risk of cardiovascular related deaths and hospitalisations for patients with chronic heart failure with HFrEF

Apple set to enter bidding war for English Premier League streaming rights

Tech giant Apple is preparing a bid for the rights to stream the English Premier League in the UK, the media reported

FRAI appeals Centre to cut high taxes on daily goods to stem illicit trade

FRAI made a representation to Finance Minister Nirmala Sitharaman with an appeal to protect the interests of its 80 lakh retailers

Maruti increases transport of cars via railways, to set up dedicated tracks

The company last year transported over 3.2 lakh vehicles using rail wagons, the highest in a calendar year since 2013 when the company got the Automobile Freight Train Operator (AFTO) license

Chinese EV makers gearing up to challenge Tata Motors' dominance in India

If MG Motor achieves the sales volume target, it would become the second-largest player in the segment with a market share of 20-24 per cent

Climate change, competition from cheaper tea imperil Darjeeling industry

Darjeeling tea with its bright metallic colour was the first product of the country to be awarded the Geographical Indication (GI) trademark in 2004

Google to come up with 381,000 sq ft data centre in Navi Mumbai by 2025

The data centre in Mumbai will be an eight-storey building with a basement and a roof

Indian, European oil firms evaluating bids for Guyana blocks: Report

Refiner Indian Oil Corp also is looking to work in Guyana in collaboration with ONGC Videsh

Lupin gets USFDA tentative nod for generic drugs to treat HIV infection

The Dolutegravir and Rilpivirine tablets, 50 mg/25 mg had estimated annual sales of USD 666 million in the US, the company said citing IQVIA MAT September 2022 data

Reliance Industries suspends natural gas auction from KG-D6 block

Reliance Industries Ltd and its partner bp plc on Monday suspended a planned auction for sale of natural gas from their KG-D6 block following changes in gas marketing rules, the firms said in a notice

Drug pricing regulator NPPA revises ceiling prices of 128 medicines

As per the notification, the ceiling price of one Amoxicillin capsule has been fixed at Rs 2.18; one tablet of Cetirizine at Rs 1.68

India Inc likely to see 9.8% hike in salary in 2023, finds survey

The survey that covered 818 organisations with more than 800,000 incumbents noted that salaries are set to increase by 9.8 per cent in India in 2023

Spencer's Retail casts net wide to reel in value-conscious consumer

Hypermarket chain to focus on tier III, IV cities, launch to be held in phases

Why have different standards for India and Europe: SC to Google

The matter will be heard again on Wednesday

Google-backed ShareChat, Dunzo hand out pink slips to employees

This comes amid the current funding crunch in the Indian start-up ecosystem

Saab scraps agreement with Adani to build fighter aircraft in India

Saab and the Adani Group had announced their partnership on August 31, 2017

Fortis in Bengaluru completes 500 robotic aided urology procedures

The 500 robot-aided surgeries include complex robotic procedures encompassing the entire gamut of Uro-Oncology, Uro-Gynaecology, Reconstructive Urology and Kidney Transplant

National Cooperative Society to have Rs 500 crore share capital

NDDB, Amul and NAFED will be among the five promoters of the newly announced national-level cooperative society for organic food products