Page 1751 - Company News

Glenmark Pharma gets US health regulator nod for generic medication

According to IQVIA sales data for 12-month period ended September 2022, Buphenyl had annual sales of around USD 8.7 million

NPCI CEO pitches UPI autopay after Musk demands fee for blue ticks

'No worries, India has UPI AutoPay (7 Mn new approved collection mandates/month) to collect every anytime/month/quarter or yearly as you wish dear Twitter'

IFC invests Rs 300 cr in agro-chemical firm Crystal Crop Protection

The project will increase farmers' access to customised, affordable, and environment-friendly crop protection products.

CCI puts AGI Greenpac's acquisition of HNG on hold, seeks more details

On the CCI website, the notice filed by AGI Greenpac on September 27 regarding the acquisition, has been marked as 'Notice Not Valid'

Rohan Murty wants to use data to make white-collar workers more efficient

The startup, based both in Boston and Bangalore, gets a real-time view of how people in teams get work done by using machine learning

After Thums Up and Sprite, Maaza is Coca Cola India's next $1 billion bet

Earlier in 2022, Thums Up became the first Indian brand from the company's Indian portfolio to touch $1 billion in sales

Sun Pharma Q2 PAT rises 10.5% YoY to Rs 2,262 crore on robust sales

Gross sales came in at Rs 10,809.2 crore, growing by 13.1% over Q2 last year

Tech Mahindra working on a policy to allow moonlighting: C P Gurnani

Employees will need prior permission; no-tolerance policy will be followed if they hide, he adds

Tejas Networks to invest Rs 750 cr under design-led PLI scheme for telecom

Tata Group firm Tejas Networks will invest over Rs 750 crore under design-led PLI scheme for manufacturing of telecom and networking products

Reliance Retail rolls out athleisure brand Xlerate on AJIO Business

The brand caters to requirements of sports and fitness enthusiasts

Tata Group plans to add up to 45,000 workers at iPhone parts plant

The plant in the industrial town of Hosur, in Tamil Nadu state, will hire as many as 45,000 women workers within 18 to 24 months as it sets up new production lines

Infosys to take shareholders' nod for Rs 9,300-crore share buyback

Infosys will seek shareholders' nod for its proposed Rs 9,300 crore share buyback between November 3 to December 2 through postal ballot

Emergency bid: GAIL inks agreement with ADNOC to secure LNG supply

Officials said the agreement represents a reworking of India's gas sourcing strategy as the country aims to aggressively source LNG from a wider list of nations

Coal India production increases 17% in April-October to 352 million tonnes

The company's coal output in the corresponding period of last fiscal was 299.6 MT, Coal India Ltd (CIL) said in a filing to BSE

Sebi slaps Rs 21 cr fine on 52 entities in Religare Finvest fund case

Sebi has imposed a fine totalling Rs 21 crore on 52 entities, including Fortis Healthcare Holdings, in a case pertaining to huge diversion and misutilisation of funds of Religare Finvest

BEL's sales trajectory will sustain on multiple growth opportunities

Investors may consider buying the stock on dips, say experts

Bain Capital sells 16.7 million shares in Axis Bank for Rs 1,497 crore

Bain Capital sold nearly 16.7 million shares, equalling a 0.5 per cent stake in private sector lender Axis Bank

Reliance & Tata entry in beverages segment positive: Coca-Cola India prez

Ray, however, said the entry of Reliance Retail and Tata Consumer Products can result in "some disruptions at the local level" leading to consolidation, but pricing will not be a game changer

Coal India powers productivity spurt, but can it sustain the pace?

The furious pace of production has helped prevent the blackouts of last year but there are questions over whether the state-owned miner can sustain the pace

DCX Systems IPO receives 8.8 times subscription on second day of offer

The company has priced its IPO between Rs 197 to 207 per share