Page 1812 - Company News

Bayer launches novel heart failure drug Verquvo for Rs 127 a pill

In India there are between 8-10 million people with heart failure, making it one of the world's largest populations with the malady

JSW Energy plans to raise $30.60 million through 3-year bonds: Report

India's JSW Energy plans to raise 2.50 billion rupees ($30.60 million) through sale of bonds maturing in three years, three merchant bankers said on Wednesday

India Inc seeks help from law firms to address moonlighting: Report

The companies want law firms to redraft employment agreements, find loopholes and enforce restrictions to address the issue of moonlighting

Hostile media bid shows how Asia's richest can align and dominate a sector

The NDTV acquisition, if successful, would make Adani and Ambani straight-up rivals in a sector for the first time, given Ambani's control of large media assets including news channels

What is driving consolidation at the Tata group?

The Tata group has 29 listed companies, over 60 unlisted and hundreds of subsidiaries across 10 verticals. Now, its chairman N Chandrasekaran wants consolidation to make the group efficient.

YouTube Shorts opening door for mobile-first creators in India: Vidyasagar

YouTube Shorts has grown a community of more than 1.5 billion monthly logged-in users globally, generating 30 billion views per day, four times more than 1 year ago

Steady trend: PSUs hit 34% of capex target in April-August, shows data

The centre through government departments and PSUs has been lifting the economy through capital spending as investments from private sector lag.

EV battery makers get more time to comply with new safety norms

New standards now applicable in two phases --- December 2022 and March 2023

Telecom may be first strategic sector to be picked up for privatisation

According to the centre's PSE policy announced in 2021, the government aims to maintain 'bare minimum' presence in strategic sectors that include energy, telecom, power, banks, and minerals.

Delivery execs' well-being a priority, have Rs 1 L medical cover: Zomato

The delivery giant also offers Rs 5,000 worth of Out-Patient Department (OPD) support, which can be extended to their families

Consumer companies expect strong sales revival this festival season

There are expectations of a good kharif crop as well

Falling raw material costs to aid margin expansion for Asian Paints

Despite the raw material pressures, the company posted a 172 bps expansion in operating profit margins as compared to the year ago period, given operating leverage benefits

Birla Corp to invest $1 bn over eight yrs, raise capacity to 30 mn tonnes

Current consolidated capacity is about 20 mn tonnes; mix of greenfield and brownfield projects, de-bottlenecking existing operations to help add another 10 mn tonnes

HCC's shares jump nearly 20% on completing debt resolution plan

Co to hive off part of debt, receivables to a SPV; to hold 49% stake in SPV

Torrent Pharma acquires cosmetic derma player Curatio for Rs 2,000 cr

First major acquisition by Aman Mehta after taking charge at Torrent Pharma in August

Jet Airways take-off in coming weeks; in advanced talks for leasing planes

The once-storied carrier is now under the ownership of the Jalan-Kalrock consortium and its air operator certificate was revalidated by aviation regulator DGCA in May this year

Will take Isro's NavIC live on 5G phones by 2025, handset makers tell govt

However, opinion is divided among them on the additional cost of enabling the indigenous navigation system being touted as an alternative to GPS

E-com giants clock $3.5 billion in first four days of festival sales

If this trend is maintained, the figure may cross $5.9 bn during the first week

AMNS India to invest $1 billion in downstream sector: Aditya Mittal

According to a statement, this was the first such meeting since Luxembourg-based ArcelorMittal and Japan's Nippon Steel jointly acquired the asset in December 2019

Swedish weapons giant Saab to build Carl-Gustaf M4 rocket launcher in India

Swedish weapons giant says legacy supply chain can switch to new product