Page 2265 - Company News

RBI extends restrictions on PMC Bank for 3 months till March 2022

The RBI has extended the restrictions as further action on the draft scheme for the takeover of the crisis-hit bank by the Delhi-based Unity Small Finance Bank (USFB) is in process

From L&T to Reliance Industries, giants hitch a ride on the green road

Conventional conglomerates are tying up with new-age companies in the sustainability space

Demand tonic to spur pharma growth in FY22: A CRISIL analysis

But exports to stay under the weather; credit outlook remains stable

Higher costs, lower volumes may sober up near-term cheer in USL

Ongoing strategic review to help improve volume, profitability in the long term

Havmor Ice Cream carts to sell ITC Master Chef Frozen snacks

The carts will be located at 100 locations across Delhi and NCR, which can also be located via Google MyMap.

Sterlite Power acquires transmission project from PFC Consulting

Power transmission infrastructure developer Sterlite Power on Tuesday said it has acquired the Nangalbibra-Bongaigaon inter-state transmission project from PFC Consulting.

Ajanta Pharma board approves up to Rs 286-crore share buyback plan

Drug firm Ajanta Pharma said its board has approved a share buyback plan of up to Rs 286-crore, wherein the drug maker will buy back shares at a maximum price of Rs 2,550 apiece.

Bharti Airtel, TCS partner for 5G-based remote robotic operations

Telecom operator Bharti Airtel and IT major Tata Consultancy Services (TCS) have joined hands to build a 5G-based remote working technology using robotics, according to sources.

Go First, IndiGo announce discounts for travel between Jan 15 and April 15

Go First's is offering fares from Rs 1,022 and IndiGo from Rs 1,122

ITC commissions Rs 76 cr solar plant in Dindigul to cut carbon footprint

The facility will generate renewable energy for the group's hotels, food manufacturing and other businesses in Tamil Nadu.

Biryani most ordered dish in 2021, dosa follows: Zomato annual report

A customer in Ahmedabad placed this year's biggest order, worth Rs 33,000.

Sun Pharma to set up new manufacturing plant in Andhra Pradesh

Sun Pharma is the fourth largest specialty generic pharmaceutical company in the world

13 Indian firms set to boost India's anti-Covid arsenal with a pill

The Subject Expert Committee in its meeting recommended the use of this drug to treat high-risk patients.

Two vaccines, Merck drug cleared for emergency use amid Omicron rise

150 mn doses of Corbevax, Covovax expected monthly from March

Mukesh Ambani on succession: Reliance in middle of momentous transition

He said Reliance is "now in the process of effecting a momentous leadership transition."

J&K Bank board appoints Baldev Prakash MD & CEO for three years

His appointment will be effective from the actual date of his taking charge, the bank said

LIC seeks bids for consultancy services for its digital transformation

The last date for submission of bids is January 17, 2022

Tata AIA Life premium income rises 23% to Rs 5,255 crore in H1 FY22

The insurer had a total premium income of Rs 4,269 crore during the first half of FY21

AU Small Finance Bank inducts ex-RBI deputy governor H R Khan on its board

The appointment is for a period of three years subject to the approval of shareholders

Govt notifies new rules for direct selling industry

The entities have to ensure compliance with the rules within 90 days