Page 2507 - Company News

PepsiCo reports double-digit Q2 growth in India despite Covid second wave

Global food and beverage major PepsiCo on Tuesday reported double-digit growth in India in second quarter, despite the market being severely hit by the second wave of the pandemic.

CBDT extends I-T deductions on donations made to Patanjali research trust

In a shot in the arm for yoga guru Ramdev-run Patanjali group, the Income Tax Department has extended tax deductions on donations made to Patanjali Research Foundation Trust for five years.

AWS launches new prog to help early-stage startups work with public sector

AWS launched AWS Public Sector Startup Ramp in India, a new programme that is designed to help early-stage technology startups to build solutions for the public sector using its platform.

Tata Metaliks reports Rs 94.72 crore net profit for June quarter

The firm was helped higher sales and price realisation

Amazon Web Services launches programme to empower PSU startups in India

India is the first to roll-out the program focused on enabling early-stage startups in the public sector

NGT junks pharma cos plea on fine for causing pollution in Telangana

NGT refused a plea seeking to review its order directing the Telangana Pollution Control Board to recover Rs 1.55 cr penalty from pharmaceutical companies for causing pollution in the state.

NTPC gets govt nod to set up country's single largest solar park in Gujarat

The 4,750-megawatt (MW) renewable energy park at Rann of Kutch in Khavada Gujarat will be set up by NTPC

Vedanta says total production at Zinc International rises 62% in Q1

With regard to iron ore business it said that there was no production at Goa due to suspension of mining operations.

Twitter permanently suspends some fake accounts it verified by mistake

Twitter Inc said on Tuesday it mistakenly verified some fake accounts that the social media company has now permanently suspended, months after restarting its verification program.

Flexible workspace IWG expands into Rajasthan, Punjab to meet demand

Flexible workspace organisation IWG on Tuesday announced expansion of its footprint into Rajasthan and Punjab to meet the growing regional demand.

Sunteck Realty first quarter sales booking up 74% at Rs 176 crore

The company's sales bookings stood at Rs 101 crore in the year-ago period, Mumbai-based Sunteck Realty said in a statement.

Patanjali clocks Rs 30K-cr turnover in FY21; aims to be debt free in 4 yrs

Patanjali Group said it has achieved a turnover of around Rs 30,000 crore in the fiscal 2020-21

Godrej Consumer leveraging on data and tech, strengthening its e-commerce

FMCG firm Godrej Consumer Products Ltd (GCPL) is strengthening its e-commerce vertical as an independent business unit in India, according to company Chairperson and Managing Director Nisaba Godrej.

Lupin launches generic antifungal Tavaborole Topical Solution in US market

Drug maker Lupin on Tuesday said it has launched antifungal product Tavaborole Topical Solution in the US market.

India Rating downgrades Sadbhav Engineering, Sadbhav Infra over liquidity

Project execution capabilities could be impacted; delay in the monetisation of assets could add to liquidity stress

DGH overhauls oilfield approval processes, cuts down statutory approvals

GH has made it easier for firms to explore and produce oil and gas in the country by limiting the requirement of statutory approvals to only extension of contracts

Serum Institute to start production of Sputnik vaccine in September

Serum Institute of India (SII) will start production of Sputnik vaccine at the company's facilities in September, Russian Direct Investment Fund (RDIF) said on Tuesday.

CIL engages Accenture Solutions as consultant for digitisation of mines

State-run CIL on Tuesday said it has engaged Accenture Solutions as consultant for digitalisation of mine process in seven of its select opencast blocks for accelerated performance enhancement.

Cisco appoints Daisy Chittilapilly as president of India, SAARC operations

Chittilapilly has over 25 years of experience in the technology industry, including 17 years of leadership experience at Cisco

Arbitral tribunal rules ZCCM breached dispute resolution provisions over Vedanta mines

Vedanta and Zambia are arbitrating in London over the KCM dispute, which began when the government accused Vedanta of failing to honour licence conditions, including promised investment.