Page 2278 - Company News

Parag Milk gains on securing PLI nod for Category 1 of mozzarella cheese

Parag Milk Foods, through the PLI application on June 15, 2021, had received an approval for sales-based incentive for mozzarella cheese product for the period 2021-27

HUL chairman Sanjiv Mehta to take over as FICCI president

Mehta will be succeeding Uday Shankar

MSME lending platform LoanKuber raises Rs 13 cr in pre-Series A round

The company aims to grow its loan book to Rs 75 crore in the next 12 months

T-Series becomes 1st YouTube channel to surpass 200 mn subscribers globally

India's T-Series has crossed the milestone of 200 Million subscribers on YouTube, the first ever channel across the world to do so.

NCLT order on initiating insolvency proceedings against RCap this evening

The RBI had moved NCLT last week to initiate insolvency proceedings against the company.

ED files chargesheet against founder of Unitech Group, others

The Enforcement Directorate has filed a prosecution complaint against the founder of Unitech Group and others under the Prevention of Money Laundering Act

Audio OTT app Pocket FM raises $22.4mn funding in round led by Lightspeed

Company registered over 40 million downloads and 3 billion monthly listening minutes since its launch in 2018

Indian office market may take 2 years to reach pre-Covid level: Colliers

The leasing of office space across major cities is likely to rise marginally this year with corporates becoming less cautious, Colliers India CEO Ramesh Nair has said.

L&T losing to ill-equipped cos in India; isn't it a pity: A M Naik

Engineering major lost large domestic orders as technical-deficient rivals won tenders

18 top holdco shares gain 40% so far this year, twice that of Sensex

Holding company discount in India could narrow in the long-run, says HDFC Securities

Udaan eyes grocery market at $850 bn 2025, to focus on community e-commerce

India's largest business-to-business e-commerce firm launches app for entry into sector

Rise of Solopreneur? How people are quitting stable jobs for a side hustle

The pandemic is making several people fearless about quitting their stable jobs

FMCG distributors warn firms of 'non-co-operation', seek price parity

A financial credit note is issued by companies on schemes offered to retailers and is facilitated by distributors

Biotech firm Mylab developing test to screen multiple Covid variants

Mylab MD Rawal said the firm is making both hardware and software for the test, and it will be ready in the next two months or so

Aurobindo Pharma, Unichem Laboratories recall products in US market

Aurobindo Pharma and Unichem Laboratories are recalling different products in the US market, the world's largest market for medicines, due to manufacturing issues.

India Inc faces a risk to profits as bond yields go up 46 basis points

Historically, there is a negative correlation between the bond yield and India Inc's interest cost.

Tata's chip making plan may hit roadblocks on global shortage: Report

The Tata Groups' reported plans to set up a USD 300-million semiconductor manufacturing facility is likely to face some headwinds given the absence of raw materials due to the ongoing shortage

Prolonged waiting period due to chip crunch can harm demand: Maruti Suzuki

The company currently has a pending order of around 2.5 lakh units with demand in the market continuing to be buoyant, while its production was over 80 per cent of normal in November.

AI pilots put off strike plans; to meet civil aviation secy on Monday

The Indian Commercial Pilots Association and the Indian Pilots Guild had earlier in the week given a three-day ultimatum to the airline to reverse the pay cut

Discoms' outstanding dues to gencos rise 1.3% to Rs 113,227 cr in December

Total outstanding dues owed by electricity distribution companies (discoms) to power producers rose 1.3% year-on-year to Rs 1,13,227 crore in December.