Page 2188 - Company News

Sun Pharma launches dry eye treatment product in Canada

This launch is an important milestone for the drugmaker as it expands its ophthalmics portfolio into Canada, the firm said

Software group SAP to buy majority stake in US fintech firm Taulia

SAP, which provides some of the supply-chain financing through its Ariba brand, said acquisition of Taulia will help the company remove the limited growth rates for its own products

Stage set for handover of Air India to Tatas as govt notifies agreement

The government had in October last year, inked the share purchase agreement with the Tata Group for the sale of national carrier Air India for Rs 18,000 crore

Spotify removing Neil Young's music after his Joe Rogan ultimatum

Young had released a letter demanding that Spotify no longer carry his music because he said Rogan spreads misinformation about Covid-19 vacine

Apple plans a new feature that will turn iPhone into a payment device

It's unclear whether the payment acceptance option will be branded as part of Apple Pay

LG Energy Solution jumps in debut to become S Korea's second-most valuable

LGES shares opened at 597,000 won versus an IPO price of 300,000 won. But the shares fell as much as 25% in early trading

Future to sell 25% stake in insurance JV to Generali for Rs 1,253 cr

International company has the option to acquire the remaining interest of the debt-ridden Indian group in the general insurance business.

It's a struggle to balance cost vs selling price: Prestige Estates MD

Prestige Estates Projects saw its sales bookings jump twofold to a record Rs 4,267.6 crore in the third quarter of financial year 2021-22 (Q3FY22)

Tata Sons board to meet on Thursday for debt-laden Air India takeover

The government will hand over the control of debt-laden national carrier Air India to the Tata group on Friday

Shriram Transport Finance sees vehicle financing on recovery road in FY23

Pegs credit growth at about 15%, based on a GDP growth projection of 7-8%

L&T Finance Holdings looks to hike retail share to 80% by FY26

To ramp up its capacity to face asset quality pressures, LTFH aims to increase provision coverage ratio to 60 per cent by FY26

TCS world's second most valuable IT brand, Infosys fastest growing: Report

Indian IT firms outpace US competitors in Brand Finance IT services ranking

Liquor makers approach NCLAT, allege abuse of dominance by KSBC

Liquor industry bodies CIABC and ADBVI have approached the NCLAT alleging abuse of dominant position by the Kerala State Beverages (Manufacturing and Marketing) Corporation in the state

LIC exits Air India debt at a profit, sells back entire Rs 3,800 cr holding

LIC and State Bank of India were top investors in AI's debt

Elan Group acquires 40-acre land in Gurugram for Rs 580 cr from Indiabulls

In a big-ticket land deal, Elan Group has bought around 40-acre land in Gurugram for Rs 580 crore from Indiabulls Real Estate to develop housing and commercial projects.

State-run TCIL's 30% stake in Bharti Hexacom valued at around Rs 8,900 cr

A proposal for TCIL selling its stake and exiting the joint venture has been pending for over 15 years

Multiple triggers across key markets may support Cipla's recent rally

In addition to the Q3 show, new launches offer upsides from current levels

Vedanta demerger call by March-end: Anil Agarwal

While the zinc business is already housed in a listed subsidiary, the plan is to demerge the aluminum, iron and steel, and oil and gas businesses into standalone listed entities

Minor impact of new Covid-19 wave on sales, says Abhishek Lodha

Realty firm Macrotech Developers saw a "minor" impact on housing demand in the first two weeks of January this year due to surge in Covid cases, MD & CEO Abhishek Lodha said

Brokerages upgrade estimates on Maruti on new launches, positive guidance

An expected improvement in the availability of semiconductors and robust demand outlook in the passenger vehicle market is also driving the upgrades