Page 2619 - Company News

Second Covid-19 wave may lead to slowdown in coming months: PHDCCI

Imposition of partial lockdowns and curfews in many parts of the country has created incipient signs of economic slowdown in the coming months, says industry chamber PHDCCI

Adani Green Energy's consolidated net profit up by 86 pc in March quarter

Adani Green Energy posted a nearly 86% rise in consolidated net profit to Rs 104 crore for the quarter ended March 2021, mainly due to higher revenues

Global finance majors rush with Covid aid; Citibank to donate Rs 200 crore

With India continuing to reel under the second wave of COVID-19 infections, multinational financiers pitched in with relief efforts on Wednesday, led by a Rs 200 crore commitment by Citibank

Covid: Roche gets 'emergency use' nod for antibody cocktail jab in India

Drug firm Roche India said it has received Emergency Use Authorisation from the Central Drugs Standards Control Organisation (CDSCO) for Roche's investigational antibody cocktail

PIL in Delhi HC against WhatsApp privacy policy; court seeks Centre's stand

The Delhi High Court asked the Centre and social media platforms Facebook and WhatsApp to reply to a PIL challenging the new privacy policy of the instant messaging app

GM profit surges to $2.98 billion on sales of higher-margin trucks

General Motors' first-quarter net income surged to $2.98 billion as strong US consumer demand and higher prices offset production cuts brought on by a global shortage of computer chips

Top headlines: Cabinet nod to IDBI Bank's disinvestment; Covid curbs in WB

Business Standard brings you the top headlines this evening

Ceat posts three-fold jump in standalone net profit in March quarter

Tyre maker Ceat Ltd reported a nearly three-fold increase in standalone net profit to Rs 141.84 crore in the March quarter of the previous financial year

Cos' spending on health infra for Covid will be considered as CSR: Govt

The government said that spending by companies for setting up health infrastructure for Covid-19 care will be considered as CSR activities

Companies can create Covid-19 health infrastructure as CSR activity

Firms can work on Covid-19 healthcare either themselves or in collaboration with others.

Hero MotoCorp Q4 preview: Analysts see up to 60% YoY rise in Ebitda

Nomura has one of the most conservative estimates with standalone net profit seen at Rs 794 crore, up around 28 per cent YoY

Supreme Court defers hearing Amazon, Future case amid Covid-19 surge

The Supreme Court has not stopped Future Group and Reliance Industries from working towards a deal.

Boeing faces new hurdle in 737 MAX electrical grounding issue: Sources

The extra analysis injects new uncertainty over the timing of when Boeing's best-selling jetliner would be cleared to fly by the U.S. Federal Aviation Administration (FAA)

Working from home 'doesn't work for those who want to hustle': JPMorgan CEO

The largest American bank recently told it workers that it expects all U.S.-based employees back in offices on a rotational basis by early July, subject to current public health rules

Big tech firms commit to additional support for India's fight against Covid

Amazon's business in Europe has committed $2.5 mn to support people in India impacted by the Covid-19 crisis, by purchasing and transporting medical supplies

Value of Tata Sons equity in Tata Steel, Tata Motors zooms to Rs 84,000 cr

Tata Steel's market capitalisation more than quadrupled since March 2020 from around Rs 30,400 crore to Rs 1.27 trillion now

DoT permits telcos to go ahead with 5G trials; Chinese companies kept out

The operators will also be permitted to use their existing spectrum (800 MHz, 900 MHz, 1800 MHz and 2500 MHz) for conducting 5G trials

Pricing pressure in US market to impact margins of pharma companies

Lack of new launches due to inspection delays, intensifying competition key headwinds

Ola Electric announces appointment of Wayne Burgess as head, vehicle design

Burgess has spent almost three decades designing vehicles for the majority of British premium automotive manufacturers

Moderate growth guidance takes the sheen off L&T Technology stock

Lower than expected Q4 show, premium valuations were other factors