Page 1704 - Company News
Glenmark Pharma inks settlement pact with Pfizer for cancer treatment drug
The Mumbai-based drug maker and its US-based unit have inked a settlement pact with drug major Pfizer Inc for Axitinib Tablets (1 mg and 5 mg)
 "Glenmark Pharma inks settlement pact with Pfizer for cancer treatment drug")
OTT comms services should be licenced, compensate telecom firms: COAI
The association, as part of draft telecom bill, has given its suggestions on how OTT communications services should be defined, to ensure there is no ambiguity
 "OTT comms services should be licenced, compensate telecom firms: COAI")
43% Indian IT employees find moonlighting favourable, says report
Amid the growing debate on moonlighting, a new report has revealed that 43 per cent of employees in the Indian IT sector find moonlighting favourable
 "43% Indian IT employees find moonlighting favourable, says report")
Bira 91 raises $70 mn from Japanese beer company Kirin Holdings
Premium beer company Bira 91 on Tuesday announced it has raised $70 million in Series D funding, led by leading Japanese beer firm Kirin Holdings
 "Bira 91 raises $70 mn from Japanese beer company Kirin Holdings")
OPPO India partners with Skit.ai to launch AI voicebot for customer support
With this implementation, Skit.ai claims its Augmented Voice Intelligence Platform (AVIP) will respond to all OPPO customer queries after business hours, with instant responses and zero waiting time
 "OPPO India partners with Skit.ai to launch AI voicebot for customer support")
AWS launches second infrastructure region in India, to support 48,000 jobs
The construction and operation of the AWS Asia Pacific (Hyderabad) Region is also estimated to add approximately $7.6 billion (Rs 63,600 crore) to India's gross domestic product by 2030
 "AWS launches second infrastructure region in India, to support 48,000 jobs")
Top Headlines: Auto sector's electrification race, e-comm deal at WTO
Business Standard brings you the top headlines at this hour
 "Top Headlines: Auto sector's electrification race, e-comm deal at WTO")
EPTL, EPL conclude $2.05 bn transaction of port & power assets with AM/NS
Essar Ports & Terminals Ltd (EPTL) and Essar Power Ltd (EPL) concluded the $2.05 billion sale of captive ports and power assets to Arcelor Mittal Nippon Steel India Ltd (AM/NS)
 "EPTL, EPL conclude $2.05 bn transaction of port & power assets with AM/NS")
Govt proposes guidelines to combat fake online reviews and ratings
Some companies have been criticised by consumers and industry experts for downplaying negative reviews, or accepting fake ratings, making the vetting process difficult for buyers
 "Govt proposes guidelines to combat fake online reviews and ratings")
Rasna founder Areez Khambatta passes away at 85 due to cardiac arrest
The company also said that Khambatta through his untiring efforts generated thousands of jobs - directly and indirectly
 "Rasna founder Areez Khambatta passes away at 85 due to cardiac arrest")
Hiranandani group to raise Rs 3,100 crore via debt for data centre biz
The company will maintain Rs 150 crore in interest service reserve account (ISRA)
 "Hiranandani group to raise Rs 3,100 crore via debt for data centre biz")
EVs lead climate tech funding but more needed for niche solutions: Experts
Climate tech start-ups traditionally require longer gestation periods due to which the sector has not generated strong commercial returns recently
 "EVs lead climate tech funding but more needed for niche solutions: Experts")
Delhivery cedes more ground, hits new low despite Q2 loss shrinking
Several brokerages bullish on the stock with target prices ranging between Rs 330 and Rs 700
 "Delhivery cedes more ground, hits new low despite Q2 loss shrinking")
11 e-commerce firms on board govt campaign to fight fake reviews
Firms to develop filtering & control tools and algorithms, verification and control processes
 "11 e-commerce firms on board govt campaign to fight fake reviews")
PSLV to launch Pixxel's hyperspectral imaging satellite on Saturday
The satellites are equipped to beam down up to 50 times more information with unprecedented detail, compared with other conventional satellites in orbit
 "PSLV to launch Pixxel's hyperspectral imaging satellite on Saturday")
Jubilant Foodworks to set up subsidiary in Nepal for Domino's Pizza biz
Food services company Jubilant Foodworks has received approval of its board to set up a subsidiary to run Domino's Pizza business in Nepal, the company said on Monday.
 "Jubilant Foodworks to set up subsidiary in Nepal for Domino's Pizza biz")
JK Paper to acquire Horizon Packs, Securipax Packaging for Rs 578 cr
Paper and packaging board company JK Paper on Monday said it will acquire Horizon Packs Private Ltd and Securipax Packaging Private Ltd in phases for about Rs 578 crore
 "JK Paper to acquire Horizon Packs, Securipax Packaging for Rs 578 cr")
Slow and poor recovery of avoidance transactions, shows IBC data
Slow progress: Recovery of avoidance transactions less than 0.3%
 "Slow and poor recovery of avoidance transactions, shows IBC data")
Airtel raises price of minimum monthly recharge plan by 57% to Rs 155
Bharti Airtel has increased the price of its minimum recharge for 28 days mobilephone service plan by about 57 per cent to Rs 155 in Haryana and Odisha, according to the company's website and analysts
 "Airtel raises price of minimum monthly recharge plan by 57% to Rs 155")
Air India plans to hire over 100 expat pilots for wide-body planes: Report
The carrier is looking to rope in around 100 pilots for the wide-body Boeing 777 fleet and has approached various agencies that provide expat flight crew to airlines, the sources told PTI
 "Air India plans to hire over 100 expat pilots for wide-body planes: Report")