Page 2697 - Company News
European Union drug regulator audits manufacturing site of Serum Institute
AstraZeneca Chief Executive (CEO) Pascal Soriot has indicated that the company may look at factories outside of the EU to meet the supply commitments.
 "European Union drug regulator audits manufacturing site of Serum Institute")
How technology is changing the silhouettes of fashion in Covid times
From omnichannel, to AI, to 3D technology, the fashion industry is in the middle of a digital revolution
 "How technology is changing the silhouettes of fashion in Covid times")
TV viewership rose 9% in 2020 on Covid-19 pandemic, shows BARC data
Television consumption by Indians increased nine per cent to 999 billion weekly viewing minutes on the back of the COVID-19 pandemic in 2020, rating agency BARC said on Monday.
 "TV viewership rose 9% in 2020 on Covid-19 pandemic, shows BARC data")
Godrej Properties emerges as highest bidder for two plots in Navi Mumbai
Spread over nearly 1.5 acres, this project will offer approximately 400,000 square feet of development potential
 "Godrej Properties emerges as highest bidder for two plots in Navi Mumbai")
Real estate fund managers float schemes for construction finance
Construction from AIFs will be at a higher rate than banks and NBFCs, which are currently not putting in money
 "Real estate fund managers float schemes for construction finance")
Jio's new offer dampens tariff hike talk, adds to Vodafone Idea's worries
Reliance Jio's new offer may impact Vi's fundraise plans, say analysts
 "Jio's new offer dampens tariff hike talk, adds to Vodafone Idea's worries")
Quess Corp announces separation of Chairman, MD roles; appoints new CFO
Business services and global staffing provider Quess Corp on Monday announced the separation of roles of its Chairman and Managing Director.
 "Quess Corp announces separation of Chairman, MD roles; appoints new CFO")
 "Sebi proposes stricter rules on independent directors of listed firms")
Royal Enfield sales increase 10% in February at 69,659 units
The company had sold 63,536 units in the same month last year
 "Royal Enfield sales increase 10% in February at 69,659 units")
Honda Motorcycle reports 29% surge in total sales in February
Total sales were 4,42,696 units in the month
 "Honda Motorcycle reports 29% surge in total sales in February")
Suzuki Motorcycle India reports 5.4% rise in sales in February
The firm sold 71,662 units in February
 "Suzuki Motorcycle India reports 5.4% rise in sales in February")
Indian Railways directs IRCTC to terminate all contracts of mobile catering
IRCTC was further directed to treat this case as an exception arising out of pandemic situation and not to treat the case as contractor's default
 "Indian Railways directs IRCTC to terminate all contracts of mobile catering")
Honda Cars reports 28% increase in sales at 9,324 units in February
The shortage of semiconductor related parts impacted the company on the supply front last month
 "Honda Cars reports 28% increase in sales at 9,324 units in February")
BOC Aviation, IndiGo sign purchase-leaseback pact for eight A320Neo planes
The aircraft will be powered by CFM Leap engines and are scheduled to be delivered in the second half of 2021, the Singapore-based aircraft leasing company said in a release on Monday
 "BOC Aviation, IndiGo sign purchase-leaseback pact for eight A320Neo planes")
Market share up 3.3% in CY2020 despite 34% sales dip, says Daimler India
Despite pandemic and economic downturn, firm outperformed Indian CV market and emerged with major increases in domestic sales (46%) and incoming orders (150%) for Q4
 "Market share up 3.3% in CY2020 despite 34% sales dip, says Daimler India")
Coal India's production and offtake remained subdued in February
Demand was weak in the month
 "Coal India's production and offtake remained subdued in February")
TVS Motor two-wheeler sales up 21% in Feb on strong scooter demand
Scooter sales of the firm grew 56% to 95,525 units in February 2021 as against 60,633 units a year ago
 "TVS Motor two-wheeler sales up 21% in Feb on strong scooter demand")
Tata Motors total sales surge 51% at 61,365 units in February
The auto major reported a 21 per cent increase in total commercial vehicle sales
 "Tata Motors total sales surge 51% at 61,365 units in February")
Hackers hit State Bank of India users with text phishing scam
Several SBI users have been targeted with a phishing scam where hackers have flooded them with suspicious text messages
 "Hackers hit State Bank of India users with text phishing scam")
Ashok Leyland's M&HCV truck sales rise 44% in February, bus sales fall 84%
The company's light commercial vehicle sales rose by 46 per cent to 5,662 units from 3,867 units in the year ago period
 "Ashok Leyland's M&HCV truck sales rise 44% in February, bus sales fall 84%")