Page 2235 - Company News

SJVN clocks highest ever 1,480 MU of electricity generation in Oct-Dec

State-run SJVN's power stations have clocked the highest ever 1,480 MU (million units) of electricity generation in the October-December quarter of 2021-22.

FMCG firms take bigger bite out of smaller pack sizes amid Covid third wave

Consumer goods firms optimise pack sizes, expecting surge in at-home consumption

Google hit with 150 million euro French fine for cookie breaches

Meta Platforms' Facebook was also fined 60 million euros for the same reason, the CNIL said

US-based fund TFCC tops India's PE fund investor list of 2021

The top ten fund managers who run the PE funds have collectively invested over $12.18 billion

Alembic Pharma gets USFDA nod for generic drug to treat Parkinson's disease

Alembic Pharmaceuticals said it has received final approval from the US health regulator for its generic Entacapone tablets indicated for patients with Parkinson's disease

Jio users can set standing instructions for tariff plans via UPI Autopay

Jio users can now set standing instructions for auto-debit for their tariff plans through UPI after a tie-up between the telecom player and NPCI

Wockhardt board approves plan to raise Rs 1,000 crore via rights issue

Pharmaceuticals firm Wockhardt Ltd said its board has approved a proposal to raise up to Rs 1,000 crore through a rights issue.

Titan sees revenue growing 36% in Q3, witnesses strong demand

During the quarter gone by, the company saw significantly higher walk-ins at its jewellery chain Tanishq

External forces were active at protest site: Sterlite Copper COO

Sterlite Copper claimed that the production halt at its Thoothukudi unit had led to a loss of over $1.2 billion

HC stay on Amazon-Future arbitration has created conflict of laws: Experts

They add that defeats the sole crux of the contractual arrangement and may dissuade foreign companies from entering Indian market

FMCG distributors call off stir against Colgate-Palmolive after talks

Will gauge the price parity situation on the ground for the next 3 months

Differentiated product focus, deleveraging to drive growth for UPL

Progress on launches, margin gains and debt reduction key for rerating

Dharani Sugars to Shree Renuka, sugar stocks fly high on ethanol norms

Among the major sugar companies, stocks of Dharani Sugars have jumped 305 per cent, Shree Renuka Sugars 239 per cent, and Triveni Engineering Industries 238 per cent.

Bharti Airtel's African arm completes $176 mn tower sale deal in Tanzania

Airtel Africa's tower assets in Tanzania have been acquired by a joint venture company owned by SBA Communications Corporation and Paradigm Infrastructure Ltd

Godrej Consumer expects margin dilution, low volume growth in Q3

The Godrej group's FMCG arm expects to deliver close to 'high single-digit' sales growth in the domestic market, largely driven by pricing

Polytrade announces listing on cryptocurrency exchange CoinDCX

Polytrade MD and founder Piyush Gupta said this has come as a giant leap towards the compay's goal of providing real-world borrowers access to low interest and swift financing

Reliance raises $4 bn via foreign currency bonds at finest rate

India's largest-ever foreign currency bonds issue gives strong base for India Inc's fundraising efforts in 2022

Tier-3 cities in India see massive boom in mobile gaming in 2021: Study

The top 30 of them reported up to 170% more gamers than in 2020. Some of the small towns have more than 100% to up to 200% growth in online gamers

FMCG distributors call off stir against Colgate after talks with company

FMCG distributors suspended their boycott of Colgate after talks with the company over the issue of the price disparity between the traditional distributors and organised business-to-business channel

Adani Enterprises says won tender to supply imported coal to NTPC

Gautam Adani's port-to-energy conglomerate said it had won a contract to supply imported coal to state-owned electricity generator NTPC