Page 2110 - Company News
Emami acquires Dermicool brand from Reckitt for Rs 432 crore
Emami, as one of its core business strategies, has always been open to growth through inorganic route
 "Emami acquires Dermicool brand from Reckitt for Rs 432 crore")
BMW India to hike vehicle prices by up to 3.5% from April
The price increase will be brought into effect to adjust the material and logistics costs, impact of current geo-political situation and exchange rates, the German automaker said in a statement
 "BMW India to hike vehicle prices by up to 3.5% from April")
Virgin Atlantic to start second daily flight on Delhi-London route
The flight will be operated from Heathrow airport to Indira Gandhi International Airport in the national capital
 "Virgin Atlantic to start second daily flight on Delhi-London route")
Adani Ports and SEZ highest bidder for West Bengal's Tajpur deep-sea port
As per an analyst, 0.25 per cent revenue share is very low and will lead to an adverse impact on the existing Kolkata Port
 "Adani Ports and SEZ highest bidder for West Bengal's Tajpur deep-sea port")
Indiamart to acquire majority stake in Livekeeping for Rs 46 cr
B2B e-commerce company Indiamart Intermesh on Friday said it plans to acquire 51 per cent stake in software-as-a-service firm Livekeeping for Rs 45.98 crore in an all-cash deal
 "Indiamart to acquire majority stake in Livekeeping for Rs 46 cr")
Ruchi Soya FPO subscribed 33% on Day 2 on institutional interest
Investment bankers expect most of the bids to come on Monday, the final day of the issue
 "Ruchi Soya FPO subscribed 33% on Day 2 on institutional interest")
Torrent acquires 50 Mw solar power plant from Lightsource for Rs 300 cr
The plant in Maharashtra has a long-term PPA with Solar Energy Corp of India for full capacity for a period of 25 years at a tariff of Rs 4.43/ kWh
 "Torrent acquires 50 Mw solar power plant from Lightsource for Rs 300 cr")
Vistara in talks with lessors to fill long-haul gap amid 787 delays
Vistara is in talks with lessors about getting long-haul planes to cover a gap left by delays in Boeing 787 deliveries, chief executive Vinod Kannan said
 "Vistara in talks with lessors to fill long-haul gap amid 787 delays")
IBM India to impart digital skill to 12,000 girl students in Nagaland
IBM India announced a collaboration with the Nagaland School Education department to introduce digital powered training in more than 250 secondary and higher secondary schools
 "IBM India to impart digital skill to 12,000 girl students in Nagaland")
Why the mega acquisition of Blinkit may give Zomato digestion problems
Market sentiment, inadequate data and unsustainable unit economics are stacked against the acquisition plan and 10-minute food delivery.
 "Why the mega acquisition of Blinkit may give Zomato digestion problems")
Alembic Pharma targets 10-12 product filings from Karkhadi facility
Resolution of the observations made by the USFDA (for which Alembic has already responded to the regulator) is critical for Alembic's US business
 "Alembic Pharma targets 10-12 product filings from Karkhadi facility")
Gennova's mRNA vaccine in legal storm after HDT Bio Corp sues Emcure
The US firm HDT Bio Corp has alleged that Emcure 'willfully and maliciously' violated the Defend Trade Secrets Act and Washington's laws against trade secret theft
 "Gennova's mRNA vaccine in legal storm after HDT Bio Corp sues Emcure")
Airtel prepays Rs 8,815 cr towards deferred liabilities for 2015 spectrum
Telecom operator Bharti Airtel on Friday said it has paid Rs 8,815 crore to the government towards part prepayment of deferred liabilities pertaining to spectrum acquired in the 2015 auction.
 "Airtel prepays Rs 8,815 cr towards deferred liabilities for 2015 spectrum")
From immersive video to holograms: What will 5G experience be like?
Telcos are conducting 5G trials in India. Yesterday Airtel showcased high internet speed by recreating Kapil Dev's 175 run from 1983 World Cup in 4K to a spell-bounded audience in Manesar. Here's more
 "From immersive video to holograms: What will 5G experience be like?")
Food robotics company Mukunda raises $8 mn in round led by Zomato
Zomato's investment in Mukunda has come amid the food delivery's announcement to launch a 10-minute delivery service
 "Food robotics company Mukunda raises $8 mn in round led by Zomato")
Invesco drops call to remove Zee Entertainment MD & CEO Punit Goenka
Supports Sony merger; Zee welcomes move
 "Invesco drops call to remove Zee Entertainment MD & CEO Punit Goenka")
Google Play launches pilot programme for third-party billing option
Meanwhile in India the Alliance of Digital India Foundation (ADIF) called Google's 'user choice billing' announcement for 'select' developers a clear admission of guilt
 "Google Play launches pilot programme for third-party billing option")
Takeuchi appointed as new captain of Maruti Suzuki amid multiple challenges
The leadership change comes at a moment, when Maruti is facing challenges from new emission norms, EV and increased competition from rivals
 "Takeuchi appointed as new captain of Maruti Suzuki amid multiple challenges")
Airtel demos 5G scope; recreates Kapil Dev's 1983 World Cup innings
Airtel demos 5G scope; recreates Kapil Dev's 1983 World Cup innings
University of California picks up 0.57% stake in Kotak Mahindra Bank
The stake was purchased at Rs 1,699 per share from Canada Pension Plan Investment Board (CPPIB), data released by BSE showed
 "University of California picks up 0.57% stake in Kotak Mahindra Bank")