Page 2581 - Company News

ASCI's new e-norms likely to hurt nano and micro influencers the most

Experts say the market is expected to shrink 20% because of the ASCI rules

Tata Group acquires majority stake in BigBasket to cement play in groceries

Deal done through subsidiary Tata Digital Ltd; green signal from CCI came last month

Go First gets loan, lease rental payments breather amid Covid-19

Wadia group backing helps airline negotiate with BNP Paribas, aircraft lessors

BPCL privatisation: Govt may allow 100% FDI in divested refiners

This is an enabling provision required for privatisation of BPCL

DoT allocates spectrum for 5G trials to telecom service providers

Chinese telecom gear makers have been kept out of the 5G trial list

Most social media firms comply with govt's IT rules; Twitter yet to follow

MeitY had written to all social media firms on Wednesday to share their compliance status with the new Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021

Maruti Suzuki in process of installing 24 oxygen plants in govt hospitals

Maruti Suzuki India (MSI) on Friday said it along with its supplier partners are in the process of installing 24 oxygen plants in government hospitals by the first half of June

India's Mahindra sees demand rebound but chip crunch, pandemic hurt

By Chandini Monnappa and Aditi Shah

Production of Covaxin is a complex, time-consuming process: Bharat Biotech

Bharat Biotech on Friday said production and supply of Covaxin is a time-consuming process as various procedures and approvals need to be in place before it is made available for vaccination.

Aditya Birla Fashion posts 51% growth in Q4 EBITDA at Rs 253 crore

The company said Q4 continued with a strong recovery trend until the disruption due to second wave of Covid-19 led to localised shutdowns.

Mahindra lines up Rs 17,000 cr to steer growth over next three years

The money raised will go towards capex on new models and investments in group companies besides its auto and farm sector businesses, among other things

Post-cyclone: Tata Power starts restoring electricity supply in Odisha

Tata Power on Friday said it has started restoration work in Odisha where cyclone Yaas caused disruptions.

M&M expects chip crunch going forward, pandemic to hurt first quarter

Apart from the chip shortage triggered by factors including pandemic-driven supply-chain disruptions, the Indian auto industry is under pressure from a severe second wave of Covid-19 infections

O2 unavailability deepens steel output fall as secondary players shut mills

RP Steel and Arora Steel secondary speciality steel players impacted by the unavailability of oxygen

Canara Bank gets board approval to raise up to Rs 9,000 cr in FY22

Stock of Canara Bank closed at Rs 161.85 apiece on the BSE, up by 5.37 per cent.

HCL group aims to vaccinate all India-based employees by next month end

Plans to have approximately 700.000 doses administered, at two jabs a head, by the end of the drive

Zydus introduces scratch code in critical drug packs to fight counterfeit

Drug firm Zydus Cadila on Friday said it has introduced a new feature in the packaging of its critical drugs to help patients ensure that the product is not fake or counterfeited

Wipro Ent closes hydraulic cylinder plant for 3 days to break Covid chain

Hydraulic cylinder maker Wipro Enterprises P Ltd has decided to stop production at its plant near here for three working days starting Friday

Tata Consultancy Services named the Best Big Company to work for in the UK

The company has been listed among the top 25 Best Big Companies to work for in the United Kingdom and among the Best Companies in the consultancy sector

Tata Digital buys majority stake worth $1.31 bn in online grocer BigBasket

India's antitrust body had in March approved the acquisition of up to a 64.3% stake in BigBasket by Tata Digital