Page 2315 - Company News

In talks with MNCs pharma cos for acquisition of brands: Bafna pharma

Pharmaceuticals formulations major Bafna Pharmaceuticals Ltd was in advanced stage of discussion with some multi-national pharma companies for acquisitions of brands, a company official said.

Amazon's internal mails show it misled CCI: Future Retail ind directors

This is second such letter in less than a week that accuses the American ecommerce giant of concealing information and requests CCI to revoke the nod it gave to Amazon-Future Coupons Private Ltd

Global investors placing emphasis on companies' ESG performance: Survey

A percentage of investors around the world are paying more attention to companies' ESG performance when making investment decisions and may divest from firms with poor environmental track records

Aster DM Healthcare to expand in India with Rs 900 cr capex over next 3 yrs

Aster DM Healthcare is planning around Rs 900 crore capital expenditure over the next three years to expand its presence in India

Paytm share allocation at Rs 2,150 apiece likely on Tue after SEBI approval

Paytm is likely to allocate shares at the upper price band of Rs 2,150 apiece on November 16 after SEBI's approval that is expected to come on Monday

Ashu Suyash appointed independent director on HUL Board

Suyash was, until recently, the Chief Executive Officer and Managing Director at CRISIL

Puravankara's sales bookings up 20% in Sep quarter to Rs 597 crore

Realty firm Puravankara Ltd's sales bookings grew by 20 per cent to Rs 597 crore during the second quarter of the fiscal on higher volumes and price realisation.

Demand recovery at home and abroad, price uptick may prop Tata Steel stock

The street will also keep an eye on pace of debt reduction and cash flows

Glenmark Pharma PAT grows 10.1%, revenue grows 6.6% in Sept quarter

Glenmark Pharmaceuticals Limited announced its financial results for the second quarter ended Sept 30, 2021.

Apple to pay $30 mn to store workers forced to submit to bag checks

Apple Inc. agreed to pay $29.9 million to employees at its stores who were forced to submit to security bag checks -- off the clock -- when they left work after or during their shifts.

Tata Consumer Products acquires 100% of Tata SmartFoods for Rs 395 cr

Acquisition marks TCPL's foray into the ready-to-eat segment

Myntra announces appointment of Nandita Sinha as CEO effective Jan

Nandita Sinha has 17 years of experience in Consumer Internet and FMCG space and is currently associated with Flipkart as Vice President, Consumer Growth and Marketing

E-commerce firms like Amazon, Flipkart clock $9.2 bn in gross festive sales

2021 saw India witness its biggest ever Festive Sales with brands clocking a GMV of $9.2 bn through online channels over this period.

Johnson & Johnson plans to split into drug and consumer companies

The health-care giant will split off its consumer division in 18 to 24 months, the company said in a statement

Amazon unifies grocery stores into single online store called Amazon Fresh

The new store, available across 300 Indian cities, continues to offer customers unbeatable savings, a wide range of products, and fast and convenient delivery options

Delhi HC dismisses BharatPe pleas seeking removal of PhonePe trademarks

Petitions were frivolous and baseless, and an attempt to divertthe court's attention from its own misuse of PhonePe's trade marks, says Walmart-owned digital payments firm

Sintex Industries: Yarn of mistiming, bad luck and rapid growth

It owes creditors Rs 7,500 crore now

Apollo Hospitals posts over three-fold jump in profit to Rs 267 crore

Apollo Hospitals to acquire Excelcare for Rs 210 crore

Zomato stock hits a fresh high after MSCI index inclusion

The gain was underpinned by the stock's inclusion in the MSCI Standard Index and strong top-line performance in the September quarter

Tarsons Products raises Rs 306 crore from anchor investors

The Rs 1,024-crore IPO will open for subscription on Monday