Page 2403 - Company News

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.

Tata Motors drives in Safari Gold Edition at Rs 21.89 lakh

Tata Motors on Friday said it has launched a special edition of its flagship model Safari priced at Rs 21.89 lakh (ex-showroom) to further spruce up the range ahead of the festive season

Tata Consultancy Services to invest Rs 690 cr in Innovation Park in Kochi

In a big boost to the Kerala government's bid to attract investment, leading IT services provider Tata Consultancy Services (TCS) has agreed to invest Rs 690 crore to set up an Innovation Park in Kochi.

Rising energy prices spell gains for oil producers

ONGC, Oil India stand to gain, but downstream players may feel the heat

We're looking to onboard 20-25 mn wallets by March 2023: Bajaj Finance MD

In an analyst call held by Morgan Stanley, Rajeev Jain says his firm is on course to apply for various licenses that are needed to be a full-service payments player

'The brightest person in the room': Meet Gaurav Gupta, co-founder, Zomato

Gupta, an Indian Institute of Technology and Indian Institute of Management graduate, worked at A T Kearney before joining Zomato

EaseMyTrip stock up 3.5x since March listing as travel sentiment rebounds

The travel company saw its mcap cross $1 bn intra-day; its stock has been the second best performer in the segment after IRCTC

Car review: Marvellous Mercedes-Maybach GLS 600 finds a higher perch

The GLS 600 is one of the flashiest, swankiest SUVs Mercedes-Benz has ever made

Ahead of IPO, Oyo expands share capital through stock split, bonus issue

The Softbank-backed travel technology firm is expected to file its DRHP with Sebi in the next few months

Biocon Biologics, Serum Institute Life Sciences enter strategic alliance

Work on mRNA platform, antibodies for dengue, HIV in the plan

Nodwin buys gaming adjacent IPs, talent business from OML for Rs 73 cr

Deal will provide partial liquidity to OML Entertainment shareholders, including CA Media. Ajay Nair, MD of OML, will join Nodwin board and work with Akshat Rathee, MD of Nodwin Gaming

Grofers taking multiple steps towards building more inclusive org: CEO

Online grocery ordering platform Grofers said it is taking multiple steps towards building a more "inclusive and diverse" organisation