Page 2102 - Company News

Alembic acquires 100% stake in Aleor Dermaceuticals from JV partner

The move is aimed at strengthening its skin-related manufacturing and marketing footprint

Aurobindo's Veritaz acquisition unlikely to add much value: Analysts

Deal is nonetheless a stepping stone in the drug firm's strategic plan to focus on domestic formulations market, where it aims to have Rs 1,000-cr sales in three years

Hero MotoCorp made over Rs 1k-cr bogus expenses, I-T search reveals: Report

Income Tax Department carried out a search and seizure operation on March 23 on Hero Motocorp and its chairman and managing director Pawan Munjal at multiple locations in Delhi-NCR

BS Annual Awards 2021: Stellar jury picks the best of India Inc

Eight of country's top decision-makers met virtually to select the winners in 7 categories

BS Awards for Corporate Excellence 2021: Samina Hamied lauds team effort

Cipla, which has seen a generational change in its leadership, draws 40 per cent of its revenues from India and 21 per cent from the US market.

Record beckons for Coal India, FY22 production may exceed 620 mn tonnes

Coal India Ltd is set to post its highest-ever production during the 2021-22 fiscal, topping the 620-million-tonne mark and bucking two years of a declining streak of annual output, official said.

HDFC Bank to infuse Rs 3 cr to acquire stake in debt resolution firm IDRCL

HDFC Bank on Tuesday said it has inked an agreement to invest Rs 3 crore in the first tranche to acquire a stake in debt management company IDRCL.

Anuj Mittal appointed as Paytm's VP-Investor Relations, will report to CFO

Anuj Mittal is expected to drive the paytm's corporate-investor relations, acting as a liaison between the management and investors

Apple reportedly slashing production of latest iPhone SE by 20%

Apple unveiled the latest iPhone SE earlier this month and now a new report has climed that the iPhone maker has asked multiple suppliers that it aims to cut production orders by 2 to 3 million units

Ex-Google CEO funneled money into Biden's science office, paid salaries

In a startling revelation, a report has claimed that former Google CEO Eric Schmidt's foundation poured money into the White House Office of Science and Technology Policy

Tata Steel UK using bacteria-technology to recycle its emissions

Tata Steel's blast furnaces in the UK are using billions of microscopic bacteria to convert its emissions into stock materials for other industries to make recycled products

India's aim is to become world's largest startup destination: Piyush Goyal

The startup bug has caught India's imagination: Goyal

Top headlines: JioMart Express pilot to start, the oil price conundrum

Business Standard brings you the top headlines at this hour

ONGC sells Russia's Sokol oil to Hindustan Petroleum, Bharat Petroleum: Rpt

Indian companies are snapping up Russian oil as it is available at a deep discount after some companies and countries shunned purchases from Moscow due to sanctions against Russia

Tata Steel board approves appointment of Noel Naval Tata as vice-chairman

Noel Tata is also the chairman of Tata International Limited, Voltas Limited, Tata Investment Corporation Limited and the vice-chairman of Titan Company.

FMCG categories see sharp downtrading in markets, shows data

According to Bizom, four out of six categories tracked are witnessing downtrading in rural markets, while five of six in urban markets have also seen a similar trend.

CIL allays supply shortfall fears, says making efforts to meet coal demand

Allaying fears of coal supply shortage, state-owned Coal India on Monday said it is concentrating its efforts to meet the projected demand of the power sector on priority basis.

ITC stock shines on improving growth outlook: Here are the key triggers

Steady cigarettes demand, rising agri exports, better prospects of hotels and paper businesses, low valuation and reasonable dividend yield key triggers

JioMart Express pilot to start this week as quick deliveries demand rises

The pilot is expected to begin with select numbers in Navi Mumbai and will eventually be rolled out in phases to include the rest of Mumbai and another one or two cities in the next one to two months.

Reliance Jio close to sealing 5G deal with South Korean major Samsung

Samsung and Reliance have taken the crucial steps towards a collaborative effort by starting 5G test trials in Mumbai, a key city in the 5G sweepstakes.