Page 1792 - Company News
'Natural gas price hike negative for GAIL, IGL; RIL marginal beneficiary'
The central government's decision to increase the domestic APM gas price will negate the benefit of increased APM gas allocation to CNG players, Jefferies said in a report
 "'Natural gas price hike negative for GAIL, IGL; RIL marginal beneficiary'")
Top headlines: PayU calls off BillDesk buy; Adani Group stocks crack
The Adani Group stocks had been major outperformers so far this calendar year, hence the current selling can be attibuted to profit-taking at these counters
 "Top headlines: PayU calls off BillDesk buy; Adani Group stocks crack")
Office leasing activity could cross 50 mn sq ft in 2022: Colliers report
Office absorption has already touched 40.6 million sq ft during the first three quarters of Calendar 2022, up two fold over the same period last year, which was marked by Covid-19 induced lockdowns
 "Office leasing activity could cross 50 mn sq ft in 2022: Colliers report")
Vedanta founder Anil Agarwal honoured with Global Indian Award in Canada
Vedanta founder Anil Agarwal was honoured with the Global Indian Award worth $50,000 by the Canada-India Foundation at its 15th annual gala here at the weekend
 "Vedanta founder Anil Agarwal honoured with Global Indian Award in Canada")
JSW Cement secures Rs 400 cr as sustainability-linked loan from MUFG Bank
JSW Cement on Monday said it has raised Rs 400 crore from MUFG Bank India as its first sustainability-linked loan
 "JSW Cement secures Rs 400 cr as sustainability-linked loan from MUFG Bank")
India Inc turns to tech, outreach to get quiet quitters motivated, engaged
A few companies are also stepping back to give their employees reboot time
 "India Inc turns to tech, outreach to get quiet quitters motivated, engaged")
Zee offers to shut down major entertainment channel for merger with Sony
The identity of Zee channel offered to shut down is not known yet
 "Zee offers to shut down major entertainment channel for merger with Sony")
Addteq APAC announces rebranding; changes corporate name to 'Enreap'
Addteq APAC announced its plan to change its corporate name to "Enreap" to enable sharper strategic focus to be a global leader in ALM, DevOps and Digital Services
 "Addteq APAC announces rebranding; changes corporate name to 'Enreap'")
Zydus Lifesciences' generic drug for overactive bladder gets USFDA nod
Zydus Lifesciences said it has received the USFDA's final nod to market its generic version of Mirabegron extended-release tablets used to treat overactive bladder
 "Zydus Lifesciences' generic drug for overactive bladder gets USFDA nod")
EPAM sacks around 100 Indian employees, revokes offer letter of others
At least EPAM 100 employees, across testing, .Net, DevOps, and Java domains in both firms - EPAM Systems and EPAM Anywhere - have been asked to resign
 "EPAM sacks around 100 Indian employees, revokes offer letter of others")
Housing sales up 87% in Jan-Sep in 7 cities; breach CY19 figure: Anarock
Housing sales rose 87% in Jan-Sept across seven cities to 2,72,709 units and breached the transactions clocked in entire 2019 pre-COVID year on strong demand, according to Anarock
 "Housing sales up 87% in Jan-Sep in 7 cities; breach CY19 figure: Anarock")
Reliance Jio to launch 4G enabled low-cost laptop at Rs 15,000: Report
Mukesh Ambani-led RIL has partnered with global giants Qualcomm and Microsoft for the JioBook, say sources
 "Reliance Jio to launch 4G enabled low-cost laptop at Rs 15,000: Report")
Botched deliveries take toll on Amazon and Flipkart festival sales
The exact number of orders gone wrong is a number that will not be disclosed by the companies
 "Botched deliveries take toll on Amazon and Flipkart festival sales")
Ola Electric eyes stakes in joint ventures to up raw material supplies
Also in talks for tie-ups with firms that provide elements to make batteries
 "Ola Electric eyes stakes in joint ventures to up raw material supplies")
Reliance Jio may not charge a premium for its 5G services initially
The aforementioned Jio executive also noted the company's priority is not to become an OEM for mobile devices
Honda surpasses Hero MotoCorp to top spot in two-wheeler sales
Rural states, such as Uttar Pradesh (UP), Bihar, and Jharkhand, have fallen higher in September on a MoM basis
 "Honda surpasses Hero MotoCorp to top spot in two-wheeler sales")
Adani group to raise funds to acquire road projects from Macquarie
Two entities of Adani Enterprises Ltd -- Adani Road GRICL Limited (ARGL) and Adani Road Stpl Ltd (ARSL) - will together raise upto Rs 800 crore through non-convertible debentures (NCDs)
Xiaomi says 84% of Rs 5,551 cr seized by ED was royalty payment to Qualcomm
Both Xiaomi and Qualcomm believe that it is a legitimate commercial arrangement for Xiaomi India to pay Qualcomm royalty, the statement said
 "Xiaomi says 84% of Rs 5,551 cr seized by ED was royalty payment to Qualcomm")
Qualcomm sees adoption of private 5G networks in India growing rapidly
Qualcomm India President Rajen Vagadia believes the country will be on a par with the global level in next two years
 "Qualcomm sees adoption of private 5G networks in India growing rapidly")
Suzlon Founder Tulsi Tanti, the man who harnessed wind, passes away at 64
Tanti had made his fortune by investing in wind energy projects in the mid-90s when renewable energy was not in fashion
 "Suzlon Founder Tulsi Tanti, the man who harnessed wind, passes away at 64")