Page 2368 - Company News

Gland Pharma gets tentative nod from USFDA for generic Sugammadex injection

Drug firm Gland Pharma on Friday said it has received a tentative nod from the US health regulator for generic Sugammadex injection

Top headlines: Air India returns to Tatas; CEA Subramanian to step down

Business Standard brings you the top headlines on Friday

ED attaches assets of Rs 1.74-crore in PMLA case against BPSL

The Enforcement Directorate on Friday said it has attached properties worth Rs 1.74 crore in connection with its money laundering probe linked to an alleged bank fraud in BPSL

Tatas will have to retain all AI employees for 1 year, can offer VRS in 2nd

Air India has 12,085 employees - 8,084 permanent and 4,001 contractual

New dawn for Air India: Scindia on airline's sale to Tata Group

The Tata Group's bid of Rs 18,000 crore comprises taking over of Rs 15,300 crore of debt and paying the rest in cash

Power giant NTPC pays Rs 3,054-cr final dividend for 2020-21

This is the 28th consecutive year that NTPC has paid a dividend.

Dr Agarwals Eye Hospitals lines up Rs 1,000 cr investment, IPO in 24 months

Is expanding its footprint across the country, adding 100 eye hospitals and 500 outreach centres in three years

Skills, democracy main drivers of growth, says Rakesh Jhunjhunwala

Skills and democracy are the main drivers of sustainable growth, ace investor Rakesh Jhunjhunwala said on Friday, adding that he is bullish on the Indian market

Badal Bagri resigns as CFO of Airtel; Soumen Ray named new CFO

Bharti Airtel said Badal Bagri has resigned as Chief Financial Officer of the company to pursue other opportunities and that Soumen Ray has been appointed as new CFO with effect from December 21, 2021

TCS to hire 35,000 more in H2FY22 after reaching 43,000 fresher hiring goal

During Q2FY22, the firm's attrition inched up to 11.9%. Though the number is lower than those of other players, it is higher than TCS' in own attrition in the past few quarters

NCLT admits RBI's applications to initiate IBC proceedings against Srei

NCLT appointed Rajneesh Sharma as an administrator of the Srei Group firms

NCLT directs Zee Entertainment to file reply to Invesco plea by Oct 22

On October 2, ZEEL said it has moved the Bombay High Court against the requisition of minority shareholders Invesco and OFI Global China Fund, to convene an EGM

Airtel to offer Rs 6,000 cashback on purchase of smartphones

The cashback will be given on smartphones priced up to Rs 12,000 apiece from 12 brands

Chingari raises $19 mn, picks Solana blockchain for its crypto token

Short-video platform Chingari on Friday said it has raised over $19 million that will help it build its token called '$GARI' with Solana, the fastest-growing ecosystem in crypto technology.

Zydus Cadila gets tentative nod from USFDA to market generic acne drug

Drug firm Zydus Cadila on Friday said it has received tentative nod from the US health regulator to market generic Adapalene and Benzoyl Peroxide gel used for treatment of acne in the American market.

Four reasons why global brokerage Bernstein is bullish on IPO-bound Oyo

In the note Bernstein highlights structural drivers for the company

Guwahati airport handed over to Adani Group for operations, management

The Lokpriya Gopinath Bordoloi International Airport in Guwahati was handed over to the Adani Group for operations, management and development responsibilities on Friday.

A billion-dollar deal seals Blackstone buyout of visa outsourcing firm VFS

Company founded in India in 2001; now among its top 3 markets

Private equity inflow in real estate up 27% in Apr-Sep at $1.79 bn: Anarock

Private equity investment in Indian real estate rose 27 percent to $1.79 billion in the first six months of the current fiscal mainly driven by domestic funds, according to property consultant Anarock

Tata Motors: In advanced stages to raise $1 billion for EV biz - Report

Tata Motors fund raising has attracted multiple private equity funds from the US, Middle East and Southeast Asia for for EV business.