Page 2113 - Company News

Nissan India rolls out 50,000th unit of SUV Magnite from Chennai plant

Magnite has so far received over 1 lakh customer bookings in domestic and export markets, Nissan India said in a statement

Oyo to offer free accommodation to Ukraine refugees, starts with Poland

Commenting on the move, Oyo founder and Group CEO Ritesh Agarwal said, 'We are deeply inspired by our homeowners who are opening their homes and hearts to people in dire need'

Indoco Remedies gets final nod from US FDA for Lacosamide tablet

Pharmaceuticals firm Indoco Remedies Ltd on Tuesday said it has received final approval from the US health regulator for its generic Lacosamide tablet indicated for prevention and control of seizures.

Vedantu appoints former Reliance, Google executive as chief growth officer

Rungta is a seasoned leader with strong management experience across consumer internet, technology, and SaaS organisations

Equinix to invest $9 mn to acquire land parcel in Chennai for expansion

In Asia-Pacific, Equinix currently has 52 IBX data centers in key metros across Australia, China, Hong Kong, India, Japan, Korea and Singapore

HC allows Invesco appeal against order on EGM to remove Zee's Punit Goenka

The Bombay High Court allowed an appeal by the largest shareholder of Zee Entertainment against a single-judge order granting interim injunction on holding an EGM to remove Zee's CEO Punit Goenka

Refinancing debt more challenging for Vedanta Resources in tight market

While current capital market conditions have reduced Vedanta Resources' funding options, its strong underlying ops remain supportive of the company's ability to meet its immediate debt obligations

Malaysia's IHH Healthcare offers $1.35 billion for Ramsay-Sime Darby JV

Ramsay Health Care Ltd and Malaysia-based Sime Darby Holdings have received a $1.35 bn buyout offer from IHH Healthcare Bhd for their Asia joint venture, the Australian hospital operator said

Warren Buffett ends drought with Berkshire's $11.6 bn Alleghany purchase

Warren Buffett's Berkshire Hathaway struck an agreement to buy insurance company Alleghany Corp for $11.6 bn, weeks after the 91-year-old billionaire bemoaned a lack of good investment opportunities

Chemveda Life Sciences to invest Rs 150 cr for expansion in Hyderabad

Chemveda Life Sciences is a Hyderabad and San Diego headquartered mid-sized contract research organisation which provides solutions to the pharmaceutical, biotechnology and agrochemical industries

Banks to start debt recovery proceedings against Future Retail: Report

Indian lenders are set to initiate debt recovery proceedings against Future Retail this week to safeguard their interests after rival Reliance unexpectedly took over some of the retailer's stores

Giving back: Techpreneurs reshape philanthropy, one donation at a time

UHNI is classified as those with a networth of over Rs 1,000 crore, making donations of over Rs 5 crore

Why power utility stocks are likely to underperform going forward

Impact on JSW Energy, Torrent Power the highest due to sharp rise in fuel costs

Our vision is to cut edible oil imports totally, says Ruchi Soya

Edible oil and food products major Ruchi Soya Industries, which will launch its Rs 4,300-crore follow-on public offer in the next few days, intends to reduce its edible oil imports in 5 to 7 years

Anaplan to go private in $9.65 bn deal with Thoma Bravo, shares jump

With pandemic-led lockdowns accelerating digital transformations across enterprises, demand for cloud has jumped

Jet Airways revival: NCLT to hear Kalrock-Jalan application on Tuesday

The 270-day deadline given to the group to implemey its plan ends on Tuesday; the consortium wants certain days excluded from this time frame in view of another pending application

Zomato to test food delivery within 10 minutes in Gurugram next month

To pilot service in Gurugram next month

Crypto industry miffed by govt's position on barring tax deductions

Losses from one kind of VDA like cryptos and NFTs can't be set off against gains from another. Infra cost in mining such assets won't be allowed to be used for availing any deductions

Domestic air traffic up 20% sequentially to 7.69 million in February

Airlines saw a sharp rebound in traffic with the decline of Covid cases and easing of restrictions

Russia-Ukraine war: High input costs forcing automakers to walk a tightrope

The second of the five-part series looks at automakers' concern over any further price hike that may dent demand in segments like two-wheelers