Page 2402 - Company News

Lupin's Goa plant gets 7 observations from USFDA, firm unperturbed

Says confident of resolving matter, does not share nature of observations

Tata Steel, JSW Steel subsidiaries ramp up capacity in tinplate

JSW Coated and JSW Vallabh Tinplate, the wholly owned subsidiaries of JSW Steel, are increasing capacity from 350,000 tonnes to 620,000 tonnes

With two new ones, UP is now home to three Amazon Fulfilment Centres

The expansion will create thousands of work opportunities for state's locals, support 90,000 sellers in meeting growing customer demand ahead of festive season

Expect India to be one of fastest-growing markets: Salesforce India CEO

Under her leadership, the India headcount for the tech giant has doubled since the lockdown last year to 5,000 and it is expected to reach 6500 by the end of the year.

US trade official called India's Mastercard ban 'draconian' - emails

The Reserve Bank of India accuses it of breaking local data-storage rules

Hindustan Copper undertakes projects to increase output, mining capacity

State-owned Hindustan Copper is taking requisite actions to increase the output from its mines and is also in the process of augmenting the mining capacity through expansion projects

Limits on airfares to remain for 15 days at any given time: Aviation Min

The lower and upper limits on airfares will remain for 15 days at any given time and the airlines will be free to charge without any limits from the 16th day onwards, the Civil Aviation Ministry said.

Under CCI lens, Google says Android has led to more competition, innovation

The internet major on Saturday said that Android has led to more competition and innovation.

YES-DHFL case: Rana Kapoor's wife, daughters remanded to judicial custody

A special CBI court in Mumbai on Saturday denied bail to the wife and two daughters of Yes Bank founder Rana Kapoor in a quid-pro-quo case

Gupta's exit doesn't warrant disclosure under listing regulations: Zomato

Online food delivery platform Zomato on Saturday said it did not disclose the exit of its co-founder Gaurav Gupta to the bourses

Flipkart, Davinta tie up to offer credit facilities to small biz, kiranas

'Partnering with Davinta will give members on our platform access to credit with a single click,' says Adarsh Menon, senior vice president and head - Flipkart Wholesale

Zydus Cadila gets USFDA nod to market depression treatment drug in US

Drug firm Zydus Cadila on Saturday said it has received approval from the US health regulator to market Vortioxetine Tablets, used to treat depression, in the American market.

Led by data, telecom players' Arpu to grow even without tariff hike: Report

The sliding voice tariffs, growing data tariffs indicate that the average revenue per user of the industry could grow even without tariff hikes, says India Ratings

Explained: Why shareholders are angry at promoter-directors' remuneration

Most experts feel the weakest link in bridging the remuneration gap between promoter-directors and professional directors is the NRC

Sales back to normal, deliveries still affected, says Mercedes Benz India

The company has a nearly 40 per cent share in the luxury car market in India

Phoenix Mills looks to double its portfolio of retail properties by FY26

Currently, it has 6.9 million (mn) sq. ft of malls in cities such as Mumbai, Pune, and Beng­aluru, among others

Ola Electric sells e-scooters worth Rs 1,100 crore in just two days

Ola group CEO Bhavesh Aggarwal said this is unprecedented not just in the automotive industry, but also in Indian e-commerce history

Covid-19 vax export curbs may ease in two months: Adar Poonawalla

Poonawalla said easing the export restrictions is a government of India's decision, and he will go by what the Centre feels is appropriate

JM Financial Products to raise Rs 500 crore via first tranche of NCD issue

The issue will continue to help the company diversify borrowing and investor mix, says MD

Wipro launches co-innovation space with Google Cloud in Bengaluru

IT services major Wipro on Friday announced the launch of the Wipro-Google Cloud Innovation Arena in Bengaluru to accelerate adoption of cloud services.