Page 2338 - Company News

FDA paves way for Pfizer Covid-19 vaccinations in young kids

A few countries have begun using other COVID-19 vaccines in children under 12, including China, which just began vaccinations for 3-year-olds

SBI Cards' shares shed 6.3% following a mixed bag in Q2

Analysts, however, remain positive with target prices indicating 13-25% upside on expectations of strong growth in FY22 earnings

Facing backlash, Ministry of Railways scraps IRCTC fee sharing order

Stock tanked 30% intraday before it recovered from losses

Policybazaar raises Rs 2,569 cr from anchor investors at Rs 980 per share

33.5% of the total allocation to anchor investors was made to 18 domestic mutual funds through 69 mutual fund schemes

JSW Energy net profit falls 3.7% to Rs 339 crore in Sept quarter

The total revenue during July-September 2021 increased 12 per cent year-on-year

Cadila Healthcare Q2 PAT up by 6% YoY to Rs 597 cr, revenue up 3%

The company's EBIDTA margin for the quarter was 22.7 per cent, up by 50 basis points

Godrej Group headed for split of $4.1 billion business empire: Report

At present, the group is led by veteran industrialist Adi Godrej (79), who is its chairman

HC rejects FRL plea to stay arbitration order, seeks Amazon's response

Amazon had dragged Future Group to arbitration at Singapore International Arbitration Centre (SIAC) in October last year

Dish TV to seek more time for conducting annual general meeting

Dish TV is facing a notice from Yes Bank to remove its Managing Director Jawahar Goel and four other directors from the board

Yezdi Nagporewalla appointed KPMG India CEO; to take charge from Feb 2022

The company, which in a departure from the past, has split the roles of chairman and CEO with this appointment, said it will announce the chairman in the next few months

Reliance Jio won't opt for 4-year payment moratorium: Sources

The move comes even as its rivals Bharti Airtel and Vodafone Idea have said they will avail the four-year moratorium on payment of dues

Meesho announces second ESOP programme worth $5.5 mn in less than a year

Firm has grown 2.8x in terms of monthly transacting users and a 2.5x by orders over past six months; now aims to reach 100 mn users and over 50 mn products by December 2022

Adani Group buys minority stake in online travel aggregator Cleartrip

The deal is expected to close in November, subject to customary closing conditions

Dixon Technologies scouts for buys to get in global top 10 EMS league

Open to acquisition of design companies and raise manufacturing capacity

Govt, tech industry partner to launch FutureSkills Prime platform

India's demand for Digital Talent jobs is currently 8x larger than the available talent pool and is expected to rise to 20x by 2024

Top headlines: Shaktikanta Das gets second term; JioPhone Next price out

Business Standard brings you the top stories from today

Bharat Petroleum second quarter profit jumps 24% to over 3,200 cr

Revenue rose 53.7 per cent after global oil prices rose to a multi-year high

Oyo denies all charges by Zostel about failed buyout deal in letter

Says both parties mutually agreed to terminate the deal

Adani Group to invest in Cleartrip, deepens strategic ties with Flipkart

As part of this investment, the Adani Group will acquire a significant minority stake in Cleartrip. The companies didn't reveal the value of the transaction

Embassy REIT's net operating income grows 30% to Rs 624 crore in Q2

PAT declined 15.5% from Rs 232 crore in the September quarter last year to Rs 196 crore in the same quarter this year