Page 2705 - Company News

Zomato raises Rs 1,800 crore in new funding round from five investors

The new valuation marks an increase from $3.9 billion valuation of Zomato in December

If Big Tech has the will, research can show the way to self-regulation

Research shows three key ways social media self-regulation can work: deprioritize engagement, label misinformation and crowdsource accuracy verification

Reliance to hive off O2C business, expects approvals by September quarter

The Mukesh Ambani-controlled company had initiated the process to hive off its oil-to-chemicals business at a time when the Covid-19 pandemic caused a slump in fuel demand

Top headlines: New corporate pay structure, mapping deregulation, and more

From investor charter presented in the Union Budget to correction in gold prices, here are the top headlines on Tuesday morning

SC bars NCLT from finalising orders allowing $3.4 bn Future-Reliance deal

A bench headed by Justice Rohinton Nariman also ordered that while the proceedings before NCLT can go on, they should not culminate in any final order of sanction of the scheme

Tata Motors to ride SUV mkt with slew of offerings after new Safari launch

Tata Firm says its SUV sales advanced 20% YTD over the past year, new addition will speed up growth; Next on the road is Hornbill, a micro SUV set to launch in latter part of CY2021

As border tensions ease, India to clear 45 investments from China: Report

The proposals have been held up since last year after India tightened controls on Chinese investment in the country in retaliation against alleged Chinese troop incursions

Jindal Power appoints former Coal India head as new Chairman

The firm announced the appointment of former bureaucrat Anil Kumar Jha as its Chairman

Can re-engineer Covaxin to beat South African variant: Bharat Biotech

Other vaccine makers, such as Hyderabad-based Biological E, too, have started working on different strains.

Bharat Biotech to have phase 3 efficacy data for Covaxin in 2 weeks

The restricted emergency use allowed by the regulator was based on phase 2 safety and immunogenicity studies, as well as data from monkey trials

Serum Institute to export Covid-19 vaccine to 25-30 countries on Tuesday

Bharat Bio says keen to follow, have capacity of 40 mn doses a month

Sachin Tendulkar takes guard for new innings at edtech firm Unacademy

The investment will pave the way for Tendulkar to become a brand ambassador of Unacademy

India business drives strong Q3 margin performance for Mahindra CIE

The management expects profitability to improve on the back of volumes, cost reduction

Bharat Forge joins hands with Paramount to manufacture armoured vehicles

Bharat Forge on Monday said it has inked a pact with global aerospace and technology firm Paramount Group to manufacture armoured vehicles in the country.

Tribunal rejects petition by employees of debt-laden Jet Airways

A committee of creditors had, in October, approved of the resolution plan submitted by UAE businessman Murari Lal Jalan and Kalrock Capital

DHFL auditor unearths another fraudulent transaction worth Rs 6,182 cr

According to findings of Grant Thornton (GT), these transactions happened over a period of time

Shocked at Patanjali's 'blatant lie of WHO certification', says IMA

The launch was attended by Union Health Minister Harsh Vardhan and Transport Minister Nitin Gadkari.

India Inc figures out new salary structures to meet labour codes

The new definition under the Code of Wages, 2019, includes three components: Basic pay, dearness allowance and retention payment.

Zomato raises $250 mn from Tiger Global, Kora; valuation touches $5.4 bn

On a fully converted and diluted basis, Info edge's effective stake in Zomato stands at 18.4 per cent, it added

Base metals stocks shine as supply crunch, EV push lift copper, zinc prices

Shares of firms in this space up 50-198% since November 2020; global demand for copper and aluminium outstrips supply, pushing spot prices higher than futures