Page 2254 - Company News

Professor one of richest post SenseTime Group's red-hot debut

The Massachusetts Institute of Technology alum's wealth has jumped by $300 million to roughly $3.7 billion

Samsung, Micron warn Xian lockdown may disrupt memory chip manufacturing

Samsung Electronics also said on Wednesday that it would temporarily adjust operations at its Xian manufacturing facilities

Despite strong Q3 hopes, upsides for Asian Paints' stock could be capped

Pandemic related restrictions, rural slowdown and input costs are key concerns

IDFC First Bank board favours merger with promoter entities

Earlier in July, the Reserve Bank of India allowed IDFC Ltd to exit as the promoter of IDFC First Bank as the five year lock-in period ended

SBI to acquire nearly 10% stake in India International Clearing Corporation

The strategic investment in IICC is aimed at strengthening the financial markets infrastructure, SBI said

LIBOR transition: SBI says ready to embrace new alternatives

The bank said it will spread awareness about the transition among customers and extensive client groups through curated knowledge sharing sessions

Firstsource Solutions acquires American Recovery Services

The acquisition enhances Firstsource's leadership in consumer debt management services

Brinton Pharma to launch generic version of anti-Covid pill Molnupiravir

The company will introduce it in the domestic market under the brand 'Molviton'

Earth Energy looks to invest Rs 100 crore in two years as EV demand rises

The investment will go into ramping up production, technology and R&D, the company's CEO said

Sterling & Wilson approves allotment of 29.3 million shares to RNESL

RNESL is a wholly-owned subsidiary of Reliance Industries Ltd (RIL)

NTPC board okays discontinuation of Muzaffarpur Thermal Power Station

The power major on Thursday said its board has approved the proposal

Omicron has cast a shadow of uncertainty on growth outlook: IndiGo CEO

However, the airline is stronger now when compared to situation in 2020 during the first wave of the pandemic, says Ronojoy Dutta

PGCIL approves investment of Rs 322 crore to expand in data centre biz

The Data Centre will be estabilished at Manesar

Ram Charan bags $700-mn deal from Azerbaijan firm for waste-to-energy tech

The company said it will build, operate and transfer these high quality waste management units in the developing industrial areas of Azerbaijan

SBI Card, Paytm tie up for card tokenisation to protect cardholders' data

Tokenisation refers to masking the original card number by replacing it with a set of unique characters, termed as token, which secures the customer's card details when a transaction is under process

Biocon Biologics partner Viatris wins favourable order from US court

Biocon Biologics Ltd, said its partner Viatris has won favourable decisions from a US federal court in Sanofi's challenge over unpatentability of device patents for disposable insulin injection pen

Granules India gets USFDA nod for its generic Amphetamine mixed salts

This is for the treatment of Attention Deficit Hyperactivity Disorder (ADHD) and narcolepsy

Gaming startup EsportsXO raises $1.1 mn in seed round

EsportsXO facilitates opportunities for game publishers and brands to launch custom tournaments for users.

ITC, Invest India join hands to find substitution for single-use plastic

ITC Ltd said it has collaborated with Invest India to crowdsource innovative ideas for single-use plastic substitution and automate waste segregation.

Women force change at Indian Apple plant, sick from bad food, crowded dorms

For women who assembled iPhones at a Foxconn plant in southern India, crowded dorms without flush toilets and food sometimes crawling with worms were problems to be endured for the paycheck