Page 2425 - Company News

Lupin launches generic Duexis tablets in US to treat rheumatoid arthritis

Drug firm Lupin on Wednesday said it has launched generic Duexis tablets used to treat the symptoms of rheumatoid arthritis and osteoarthritis in the US market.

Delhi HC issues notice to UIDAI on plea against GPay for unauthorised ops

The Delhi High Court on Wednesday issued a notice to the Unique Identification Authority Of India and others on a petition against Google Pay alleging unauthorised operations under the banking laws.

Canon expects 'good growth' in 2021, confident to reach pre-pandemic level

Canon India expects "good growth" in 2021 and to be on par with the level of the pre-pandemic year 2019, helped by an increase in sales and good performance, said a top company official

Esports platform MPL raises fresh funds at $2.3 billion valuation

Esports platform Mobile Premier League (MPL) on Wednesday said it has raised fresh funds in a funding round led by Legatum Capital at a pre-money valuation of USD 2.3 billion.

Final bids for Air India disinvestment today, Tata group also in race

The government is expected to complete the sale of the national carrier with at least two buyers expected to submit financial bids by September 15

Hospitality major OYO increases its ESOP pool by 41%

Hospitality major OYO has expanded its Employee Stock Option Plan (ESOP) pool by 41 per cent with the addition of another 20 crore shares

More Paytm employees convert ESOPs to shares after shareholders' approval

An additional 40 current and former employees of Paytm have converted their ESOP grants to shares for monetising them in its upcoming Rs 16,600 crore IPO, the digital payments firm said

Social commerce player DealShare to expand operations in Delhi-NCR

In the first phase, DealShare will provide services to more than 160 pin codes across Delhi, Ghaziabad, Faridabad, Meerut, Noida, and Gurgaon

Leading sportswear giant Adidas launches first flagship store in India

'The Home of Possibilities' store is a blend of multiple digital touch points, sustainability zone and embodies the future of retail experience for consumers

DealShare to invest $100 mn for scaling operations, hire 5,000 people

DealShare on Wednesday said it plans to invest USD 100 million (about Rs 736.3 crore) to scale its operations and hire about 5,000 people across various functions over the next six months,

Fitch upgrades outlook on Shriram Transport from 'negative' to 'stable'

The rating agency affirmed "BB-" rating for Manappuram Finance's Issuer Default Ratings with "Stable" outlook

Japan's Rakuten forays into India's B2B tech segment, launches new product

This is the first time that Rakuten will be bringing its products and services into the Indian market

Supreme Court rejects ArcelorMittal Nippon India's plea on arbitration

The SC bench of Justices Indira Banerjee and J K Maheswari held that the trial court can consider the Section 9 Arbitration Act application filed by Essar against ArcelorMittal

ONGC likely to buy out IL&FS stake in Mangalore Special Economic Zone

The deal is likely to be concluded at 'fair value' after ONGC's attempt to buy out the shadow lender's stake in JV at deep discount failed

Rakesh Jhunjhunwala, BofA buy Rs 225-crore Zee Entertainment shares

At the end of June 2021 quarter, Bofa Securities held a 1.03 per cent stake in Zee

Shareholders of Tata Sons clear proposal to raise Rs 40K cr as fresh debt

The nod comes at a time when the group has ambitious plans to enter the e-commerce business

Tata Sons reportedly considering creating CEO role in board revamp

Under the plan being proposed, the CEO will guide the sprawling businesses of the 153-year-old Tata empire, while the chairman will oversee the chief executive on behalf of shareholders, say sources

IPO-bound Oyo to become public limited company: Check details here

The company intends to list its equity shares on one or more stock exchanges to enable shareholders with a formal marketplace for dealing with equity shares

What symptoms do merger talks between Clix and Suryoday SFB represent?

The guidelines for on-tap SFB licences have it that an applicant not found suitable for a licence will not be eligible to apply again for three years

Moody's upgrades Tata Steel to Ba1 from Ba2; stable outlook

The stable outlook underscores Moody's view that Tata Steel will continue to strengthen its balance sheet, liquidity profile and financial policies to enhance its credit quality further