Page 2628 - Company News

Life insurers see over 70% year-on-year growth in NBS in March

In FY21, life insurance companies saw a 7.5% increase in NBP over FY20

Troubled by outages, HDFC Bank to use cutting-edge tech across businesses

In the letter to staff, CEO Sashi Jagdishan lists initiatives such as infra scalability, strengthening monitoring its Data Centre, and improving firewalls

IEX expands beyond India with launch of cross-border electricity trade

NTPC arm gets approval for Nepal's participation in Cross Border Electricity Trade

Auto major Hyundai targets Creta customers with seven-seater Alacazar

The new SUV is being pitched as a premium car; company is expected to launch it with both petrol and diesel powertrains

Mankind Pharma eyes 50% revenue from chronic therapy drugs in 3 years

With the launch, the company has become the first Indian and second global firm to develop the drug, which is a generic version of Abbott's Duphaston

General Motors Employees Union challenges layoff of 1,419 at Talegaon

GM cites global pandemic as reason for step. Firm had stopped selling cars in India in 2017 and stopped production completely on December 24, 2020

Yet another data leak: One million credit cards of Domino's Pizza customers

Data is worth 13 terabytes and also includes 180 million orders with phone nos, emails, addresses, and payment details, says intelligence firm chief

Amazon vs Future: SC stay on proceedings at Delhi HC; hearing on May 4

The e-commerce major had moved the apex court last week challenging an order dated March 22 passed by a division Bench of the Delhi HC

Medical oxygen requirement increased 7 times; met 60% demand: Inox Air

According to industry figures, the pre-Covid demand for liquid medical oxygen before the pandemic was 700 tonne per day across the country

Paytm expands ESOP scheme to $604 million, adds 242,904 stock options

The addition takes the existing ESOP pool to 2.4 million equity options

US respiratory portfolio to drive medium term sales growth for Cipla

In the domestic market, growth is expected to come from Covid-related drugs

Tata Digital infuses Rs 100 cr debt in online medicine startup 1mg: Report

The move ahead of the Gurugram-based firm's acquisition by the Tata Sons arm

HDFC Bank: Credit card biz, Covid-19 second wave pose near-term threat

A fresh Covid wave can potentially disrupt the recovery of businesses hurting some sections of HDFC Bank's loan book, analysts say

Infosys COO asks all staff to work from home, get vaccinated if eligible

Says firm has tied up with hospitals in several cities, where employees and their families can get vaccinated

SC stays further proceedings in Amazon-Future-Reliance case before Delhi HC

A Bench headed by Justice Rohinton F Nariman said the matter will be finally decided by the apex court. The matter will be heard on May 4

Kinetic Green plans to follow affordable engineering model for light EVs

EVs can not only reduce pollution but, more importantly, the cost of transportation will also come down, says founder Sulajja Firodia Motwani

Covid-19: Remdesivir output to be doubled to 7.4 mn doses by April-end

18 new sites get DCGI consent to make antiviral used for treating Covid-19

Domestic auto sales in India go below 2015 levels amid Covid-19 crisis

The situation was not very different globally

5G's bouquet of promises: A technology that can change our lives forever

With the myriad possibilities that super high speeds and ultra-low latency could bring, telcos in India are looking at killer applications to attract consumers initially

IBM engaged in research to arm computers with Indian languages

IBM is engaged in research on Indian languages in a bid to develop new artificial intelligence applications in key industries