Page 2263 - Company News

HP Adhesives IPO subscribed 8 times on second day of subscription

The IPO received bids for 20,303,100 shares against 2,528,500 shares on offer

CAIT urges Centre to ban 'Chinese' firm Shopee for FDI violations

The traders' body also alleged Shopee of being adopting "predatory pricing tactics", thereby distorting competition in the market

JSW announces R&R compensation package for its Rs 55,000-cr Paradip project

The Posco project in the same area was withdrawn earlier due to stiff resistance from the local people during the land acquisition activities

India Inc pitches for more reforms and tax stability in Budget 2022-23

India Inc on Thursday pitched for continuation of reforms while ensuring tax and policy stability in the forthcoming Budget to prop up the economy hit hard by the COVID-19 pandemic.

E-commerce firm Purplle acquires Indian arm of makeup brand Faces Canada

The deal size was not disclosed

Nupur Recyclers IPO closes day 3 with over 41.37 times subscription

The company is looking to raise INR 34.2 crore from this public issue.

NIPL, Western Union ink pact to boost instant int'l money transfer

This collaboration will enable customers in India to receive international money transfers in real-time into their bank accounts in the country, Western Union said

CarTrade to deploy up to $100 mn to acquire, invest in automotive firms

CarTrade Tech said it is actively looking for companies in all aspects of the automobile ecosystem

Accenture revenue forecast tops estimates on cloud, security demand

Accenture now expects full-year revenue to grow between 19% and 22% from 12% to 15% forecast earlier

Vernacular language users' share on Flipkart rises 18% this year

The share of vernacular language users on Flipkart has increased from 12% in the fourth quarter of 2020 to 18 per cent this year in the same quarter

Britannia revamps biscuit brand Good Day, to add three more variants

Britannia will launch Good Day Harmony and two other variants in the premium segment

Yes Bank board to consider raising funds via various instruments on Dec 21

The bank has, however, not specified how much money it intends to raise

Tata Motors' bus brand Starbus crosses 1 lakh units cumulative sales mark

Homegrown auto major Tata Motors on Thursday said its bus brand Starbus has crossed the 1 lakh units cumulative sales milestone.

Amazon warehouse policies have put workers at risk, says Report

Workers at the facility said they received no emergency training and were discouraged from taking time off during natural disasters

LIC warns of legal action over misuse of its logo on social media

LIC has asked the public not to fall prey to proposals which are misusing its logo on social media platforms like Twitter, Facebook, Instagram and YouTube and other social media

USFDA inspection of co's US plant completed successfully: Torrent Pharma

The plant was inspected by USFDA (United States Food and Drug Administration) between December 6 and December 15, 2021

PhonePe is first payments firm to tokenise cards on Visa, Mastercard, Rupay

The company claims the tokenisation solution will help businesses save significant time and effort by removing the need to integrate with multiple card networks while complying with RBI norms

Zydus gets orphan drug designation from USFDA for antimalarial compound

The orphan drug designation provides eligibility for certain development incentives

Top poultry player Suguna Foods goes for brand revamp with all new Delfrez

The group has invested over Rs 100 crore in the new brand and plans to launch over 1,000 outlets by 2025

Agritech firm Samunnati inks co-lending pact with IndusInd Bank for FPOs

Samunnati said it has entered into a co-lending agreement with IndusInd Bank to expand credit accessibility and market linkages for farmer producer organizations across the country