Page 2200 - Company News

Beauty care company Lotus Herbals acquires 25% stake in Conscious Chemist

Natural beauty care company Lotus Herbals on Thursday said it has acquired a 25 per cent stake in direct-to-consumer brand Conscious Chemist.

Bunge to pick 33% stake in UPL's associate firm Sinagro in Brazil

Global agri-trade firm Bunge will acquire a 33% stake in Brazil-based Sinagro, an associate company of India's leading agrochemical firm UPL Ltd

Zydus gets final USFDA nod to market generic version of Vigabatrin tablets

Cadila Healthcare said group firm Zydus has received final approval from the US health regulator to market its generic version of Vigabatrin tablets

New Apple iPhones, Samsung devices get faster 5G access in US

Verizon and AT&T have kicked off the 5G era for the latest Apple and Samsung smartphone users in the US amid airline cancellations

Telenor partners with Amazon to modernise systems, offer services

Norway's Telenor said it had partnered with Amazon Web Services (AWS) to speed up the modernisation of its telecoms systems

Glenmark Pharma inks exclusive licensing agreement with Lotus International

Glenmark Pharmaceuticals Ltd on Thursday said its Swiss arm has entered into an exclusive licensing agreement with Lotus International Pte Ltd

SaaS Labs raises $42 mn in series B funding led by Sequoia Capital

The round also saw participation from prominent Silicon Valley angel investors such as Amit Agarwal, Allison Pickens, Anand Chandrasekaran, and Michael Stoppelman

United Airlines cuts capacity forecast, flags cost pressure amid Omicron

United Airlines Holdings trimmed its capacity forecast and warned of higher costs, after posting a smaller-than-expected fourth-quarter loss

Momentum in India's favour, need to prevail over Covid: Deloitte CEO

India needs to continue creating an environment of being an attractive destination for foreign investment and also ensure its fight against Covid is successful, Deloitte CEO Punit Renjen said

Facebook critics call for release of India human rights impact review

Facebook critics called on the world's largest social network to release a human rights impact assessment it commissioned in 2020

JSW Ispat Special Products posts Rs 28 crore net loss in Dec quarter

It had reported a net profit of Rs 29.49 crore in the year-ago quarter

BharatPe co-founder Ashneer Grover takes voluntary leave till March-end

Board accepts his decision, agrees it is in the best interests of the company, staff, investors and merchants. Adds BharatPe will continue to be led by CEO Suhail Sameer

Reliance Jio pays Rs 30,791 crore to clear bulk of spectrum dues

The company estimates that the above prepayments will result in interest cost savings of around Rs 1,200 crore

Bajaj Housing Fin to raise Rs 3,000 crore via non-convertible debentures

Its overall borrowings stood at Rs 39,128 core, and the mix was 62:38 between banks and markets in September 2021

Flipkart to host first-ever dedicated Samarth sale event on January 26

Rival company Amazon India's 'Great Republic Day Sale' started from midnight on January 17 with offers until 11:59 pm on January 20.

Khatabook posts over Rs 1.8 trn monthly transactions across its platforms

Founded in January 2019, Khatabook claims it has 10 million monthly active merchant users, and manages more than 344 million customers on its platforms

Bajaj Auto's Q3 net profit declines 22% on weak domestic volumes

The company took a price increase of 1-1.2 per cent in the third quarter. It expects to take a similar amount in the current quarter

Three independent directors of PTC India Financial Services resign

On January 10, the company secretary informed that Rantesh has re-joined NTPC

Hero Electric, Mahindra Group team up to manufacture electric vehicles

Electric two-wheeler maker will use latter's production facility to raise capacity

JSW Energy reports two-fold surge in profit to Rs 320 cr in Q3

Revenue of the company stood at Rs 1,984 crore as against Rs 1,659 crore in Q3FY21. JSW said the rise was primarily due to "increase in short term sales and realisation"