Page 2636 - Company News

Discovered small fields: Govt may extend bank guarantee relaxation

Officials in the know say this re­laxation was given during the first wave of the Covid-19 pandemic

Bharti Airtel to leverage existing 4G network assets to offer 5G service

Telco to opt for non-standalone 5G network technology; capex requirement to reduce

Users can move Oversight Board to remove harmful content from FB, Instagram

This new capability, long-sought by advocates of independent content moderation, represents an important step toward delivering a more principled and transparent model of content moderation

Unicorn fintech firm Pine Labs acquires Fave in deal valued over $45 mn

Malaysia-based company Fave, which provides QR payments and loyalty cashback to restaurants and retailers, has enabled 6 million consumers in Southeast Asia to save over $400 million since 2016

April likely to be a washout for appliances as fresh Covid-19 curbs hit biz

Durables players admit that restrictions have hit festive sales

mRNA Covid vaccine maker Gennova lines up Rs 250-crore capex: Crisil

The Emcure Pharma arm has tied up with Seattle-based HDT Biotech Corp for the vaccine, on which animal trials have been completed. Phase-I and II trials likely to be completed in 2-3 months

Benetton India inks licensing agreement with Timex to launch watches

Timex India on Tuesday said it has entered into a licensing agreement with apparel brand and Benetton India for design, manufacture and distribution of Benetton watches in the domestic market.

Dr Reddy's stock sheds 4% as Sputnik V pricing, competition weigh

Access to the private market, international sales are other factors that will impact margins

Near-term growth on market share gains to remain robust for Astral Poly

Valuations, PVC price moderation may, however, keep the stock under pressure

Spectrum can be transferred but not without settling dues, says NCLAT

Since the questions posed by the apex court has been dealt with by the tribunal now, the appeals by the DoT will be heard by the NCLAT on April 26

Process begins for inviting financial bids for AI, deal to conclude by Sep

The stake sale process got delayed due to the Covid pandemic

Adani Ports removed from S&P index due to links with Myanmar military

S&P Dow Jones Indices on Tuesday said it had removed India's Adani Ports and Special Economic Zone Ltd from its sustainability index due to its relationship with Myanmar's military

Breakfast brand Soulfull says will use Tata's distribution chain for reach

Tata group acquired Kottaram Agro Foods Ltd, the owner of Soulfull brand, for an enterprise value of around Rs 155 crore

Accenture to build for BPCL digital platform to track sales, distribution

Network will integrate real-time data from across BPCL's countrywide network of more than 18,000 fuel outlets

Jaypee Infra lenders ask NBCC to take govt, regulatory nod on resolution

Lenders of Jaypee Infratech have asked state-owned NBCC to take the government's approval for the revised bid that it has submitted to acquire the bankruptcy-bound real estate firm.

Growth back to double digits, TCS sets eyes on global consulting business

IT players have preferred to enter consulting through acquisition, but TCS will build this organically

Valuation concern clouds TCS' Q4 performance; stock falls over 4%

The IT services major on Monday posted Q4 numbers largely in line with or above analysts' estimates

Modi Group's Indofil eyes higher share of global biz this financial year

Company claims to have export presence in more than 120 countries, expects further growth via brownfield and Greenfield expansions and acquisitions

CCI approves APSEZ acquisition of 89.6% of equity in Gangavaram Port

The Competition Commission of India (CCI) has approved acquisition of 89.6 per cent of equity shareholding in Gangavaram Port Ltd (GPL) by Adani Ports and Special Economic Zones Ltd (APSEZ)

Amplus Solar buys rooftop solar assets of Sterling & Wilson totaling 7.2 Mw

Deal value not revealed; The 17 acquired projects supply 13 leading industrial, commercial, and institutional customers