Page 1676 - Company News

V-Guard to acquire Sunflame Enterprises for Rs 660 crore in all-cash deal

Electricals and home appliances player V-Guard Industries on Friday said it will acquire Sunflame Enterprises for Rs 660 crore in an all-cash deal

Marico to acquire Vietnamese personal care brands 'Purit de Prvence', 'liv'

The move will help the homegrown-FMCG major to expand its presence in Vietnam

Elan Group raises $60 mn from PAG for construction of realty projects

Last month, Elan Group announced an investment of Rs 4,000 crore to develop its first housing project on Dwarka Expressway in Gurugram

HCL Tech's shares drop most since mid-Jan on downbeat revenue outlook

Shares of HCL Technologies Ltd fell nearly 7% on Friday, in their sharpest intraday drop since mid-January, after the IT services firm warned furloughs and spending cuts

Twitter Files: Select group placed people on secret blacklists, says report

Twitter employees build blacklists and actively limited the visibility of entire accounts, according to the second installment of Elon Musk's "Twitter Files"

Snapdeal to shelve its $152 million IPO amid tech stock market retreat

Snapdeal filed its initial public offering (IPO) regulatory papers for approval in December 2021, a year that saw many stock market debuts and record fund raising by Indian startups

Letter from Foxconn founder pushed China to ease Covid restrictions: Report

The letter from Foxconn's founder Terry Gou was sent a month ago when the Apple supplier's factory in Zhengzhou was rocked by protests

Podcast: Will Viatris deal inject fresh momentum into Biocon biz?

Sohini Das caught up with Biocon Biologics CEO Shreehas Tambe to know more about the deal and the company's future plans

Adani firms, RIL share honours in Motilal Oswal wealth-creation study

The biggest wealth creator in absolute terms is Mukesh Ambani-led Reliance Industries, with an increase in market capitalisation of Rs 13 trillion between 2017 and 2022

Delhi HC summons Ashneer Grover, wife and kin over BharatPe's complaint

Fintech unicorn accuses them of fraud, claims Rs 88.67 crore

JSPL acquires Monnet Power for Rs 410 cr through insolvency process

Monnet Power has a 1050 MW under-construction plant in Odisha's Angul

Reliance General Insurance seeks Rs 600 crore from bankrupt parent

Profit-making subsidiary's request complicates matters for Reliance Capital's lenders that have to decide matter Friday

Ather Energy, Greaves Cotton exit EV association SMEV, choose Siam

SMEV was set up primarily for electric two-wheeler players and start-ups in this space. Its membership restricts the entry of companies that have ICE operations and use petrol

Air India to spend $400 mn to refurbish Boeing 777s and 787 fleet

Carrier will add new seats and best in-flight entertainment across all classes

HUL set for health and wellbeing foray with two investment deals

To acquire majority stake in OZiva maker, 19.8% in Nutritionalab

Sun Pharmaceuticals' Halol plant gets 'import alert' from USFDA

The USFDA had imposed an import ban on the Halol plant in December 2015 too

Pharma logs 17% growth in Nov; anti-infective therapy drives market demand

Key antibiotic brands like Augmentin (GSK) and Clavam (Alkem) clocked 25 per cent and 29 percent growth, respectively, in November, the data showed

New norms likely to hit demand, keep CG Consumer stock under pressure

The new norms will make it mandatory for ceiling fans to have star ratings, as is currently the case with air conditioners and refrigerators

12 big telcos enquired about telecom stack, says Ashwini Vaishnaw

He said the government's Telecom Technology Development Fund (TTDF) would be slowly enlarged to Rs 3,000-4,000 crore over a number of years, from the current Rs 500 crore per year

'Underweight' on India, China to lead Asian outperformance in 2023: Nomura

The key risks identified by the brokerage are stretched government finances and oil prices going past $120 a barrel