Page 2529 - Company News

BPCL's R&D centre bags 80 patents in 20 years; over 50 more pending

BPCL has bagged as many as 80 national and international patents in the past two decades, and approvals for 53 more filings are pending

TCPL to work closely with BigBasket to drive 'win-win' synergies: CEO

FMCG firm Tata Consumer Products Ltd (TCPL) will work "very closely" with BigBasket, recently acquired by the Tata Group, to drive win-win synergies, according to company's MD and CEO, Sunil D'Souza

ONGC's rating downgraded in line with India's sovereign rating

State-run Oil and Natural Gas Corporation Ltd (ONGC) and its subsidiary ONGC Videsh have witnessed a ratings downgrade with a negative outlook, courtesy a similar Indian sovereign rating.

JK Cement sees 10% revenue growth in FY22, aims to be 25-MT firm in 5 years

JK Cement Ltd, part of J.K. Organisation, targets up to 10% growth in its revenue this fiscal, helped by the government's push for infrastructure, pent-up demand said top company official.

Inherent strength of offline retail will remain intact in long-run: Vivo

The pandemic may have impacted the offline retail business for a few months over last two waves but inherent strength of brick-and-mortar retail will remain intact said Nipun Marya of Vivo India

Amazon launches IP Accelerator programme in India for businesses

E-commerce major Amazon on Sunday announced the launch of its Intellectual Property Accelerator (IP Accelerator) programme in India to provide sellers with access to services from IP expert, law firm.

Airtel Payments Bank sees surge in biz, hopeful of break-even in FY22

Airtel Payments Bank has seen a surge in business volumes in FY21 as lockdown curbs spurred new accounts as well as transactions, and company is eyeing a break-even this fiscal, a top official said

NGT directs Jindal Saw to Pay Rs 4 cr compensation for damaging houses

National Green Tribunal has directed Jindal Saw Ltd to deposit Rs 4 crore as compensation as illegal blasting by it had caused damage to houses in Pur village in Rajasthan's Bhilwara district

Amul turnover rises by 2% to Rs 39,200 cr in FY21 despite Covid: MD Sodhi

The total turnover of GCMMF, which markets dairy products under Amul brand, grew 2 per cent to Rs 39,200 crore despite the Covid-19 pandemic, its Managing Director R S Sodhi said on Sunday.

The race to become the vanguard of India's stock market is on

India's biggest broker is awaiting regulatory approval for an asset management company that will focus only on passive investing.

Cadila Healthcare arm recalls 21,240 bottles of diabetes drug in US

Viona Pharmaceuticals Inc is recalling over 21,000 bottles of metformin hydrochloride extended-release tablets manufactured by Ahemdabad-based Cadila Healthcare

GAIL looks at petrochemicals, specialty chemicals, renewables for growth

GAIL India Ltd is eyeing expansion in petrochemicals, specialty chemicals and renewables as it pivots a new strategy to expand the business beyond natural gas

Vodafone Idea's demand for AGR payment relaxation unjustified, says group

No government support or intervention in the matter of tariffs should be considered, says Telecom Watchdog.

LIC IPO: Govt likely to invite bids from merchant bankers this month

The government is likely to invite bids from merchant bankers this month for managing LIC disinvestment as it moves ahead with plans to launch the IPO by January, an official said.

Amazon to grant incoming CEO Andy Jassy over $200 million in stock

The award's exact value will depend on how the shares are trading when they pay out in future years, encouraging Jassy to grow a company that's worth $1.77 trillion today

Amazon, Tata say Indian govt e-commerce rules will hit businesses: Report

Govt's tough new e-commerce rules announced on June 21 aimed at strengthening protection for consumers, caused concern among the country's online retailers

Recharge now, pay later: Jio launches 'emergency data loan' facility

The emergency data loan can be availed through MyJio App.

In talks for fund raise; floor price 'best' fix for pricing issues: VIL

Cash-strapped VIL on Friday said it is in active talks with potential investors for fundraising

CG Power case delays Aditya Birla Sun Life's IPO by at least 3 months

Sebi has put initial offer in abeyance due to pending inquiry against group firm

India shifts international tax deal stand with an eye on revenue

India and other developing countries were fighting to include companies with at least Euro 1 billion in revenues as against the final proposal of Euro 20 billion revenues and a profit margin above 10%