Page 2709 - Company News

INOX Air Products announces Rs 2,000 cr investment in industrial gases

Eight new air separation units to come up from FY22 to FY24

After honey, Marico gets into instant noodles under Saffola brand

Takes on Nestle, ITC in a Rs 4,000 cr market; first big launch after Maggi crisis

Novavax, Serum Institute plans to supply 1.1 billion doses to COVAX

Novavax has signed a memorandum of understanding (MoU) in this regard with Gavi, the Vaccine Alliance.

Covid-19 vaccination: Serum Institute to gain from G7's boost to COVAX

The immediate contribution will be $2 billion. More than 180 nations are yet to administer a single dose of the Covid vaccine

Dr Reddy's applies for emergency use approval for Sputnik V vaccine

Aims to launch the vaccine in March if regulator approval comes through

Amazon India signs agreement with DGR for hiring ex-service personnel

Amazon India on Friday said it has signed an agreement with with the Directorate General Resettlement (DGR) to provide ex-service personnel with work opportunities across its network in India.

Sustainability can help companies become more profitable: Accenture CEO

Sweet cited a research that said companies that have combined sustainability into their business strategy are 2.5 more successful than those who have not

Dhunseri, Berger may invest Rs 500 cr in Bengal's Panagarh industrial park

The paints major is contemplating to invest around Rs 100 crore to manufacture construction chemicals and putty, sources said

Jubilant FoodWorks to acquire Fides Netherlands for about Rs 250 crore

Fides is the beneficial owner of 32.81 per cent of equity shares of DP Eurasia NV, which is a public company listed with London Stock Exchange Plc

Clubhouse lands on Google Play Store in India but you can't sign up

'Join our waitlist and we will let you know when we are open up signups on our mobile app,' reads the message after downloading the Android app.

Top gear makers may warm up to Centre's PLI scheme for telecom sector

Under the PLI scheme, companies will enjoy a 4-6 per cent incentive annually across five years on their production value in India, provided they make incremental investments

L&T-built Interceptor Boat, the 17th in series, commissioned at Chennai

40 Ships are at various stages of construction at different Shipyards in India, says Coast Guard

Indian Bank, IISc-run society join hands to fund start-ups and MSME

Society for Innovation and Development (SID) will identify start-ups and MSMEs based on their credentials and refer the list of such members that require financial assistance to the bank

LIC Housing Finance disburses Rs 1,331 cr of loans via mobile app

The firm has disbursed Rs 1,331 crore worth loans through its mobile banking app in the last one year

Srikanth Balachandran moves from Bharti Global, joins Oneweb as CFO

Appointment assures continuity for OneWeb; under his stewardship, Airtel engaged in intense M&A, grew its customer base five-fold and expanded operations to 18 countries

Patanjali's Coronil, 1st 'proof-based' drug to fight Covid, gets govt nod

Ramdev-led Patanjali Ayurved had launched 'Coronil', for treating Covid-19 on June 23

IKEA planning first India shopping mall in Noida, to invest Rs 5,500 cr

IKEA said it had bought a 48,000-square-metre plot in the city and would develop the new site into a mall anchored by an IKEA store

Ashok Leyland commences production at new bus facility in Andra Pradesh

The plant, spread over 75 acres, will include latest technology to deliver the high quality standards of the Ashok Leyland brand

Continuum Wind Energy to issue maiden green bond worth $500-600 mn

Continuum Wind Energy Ltd was founded in 2012 and is focused on establishing an independent renewable power producer business in India

Oil India led consortium to bid for BPCL's stake in Numaligarh Refinery

As part of a larger plan for disinvestment of Public Sector Undertakings, the government wants to privatise downstream oil refiner BPCL by the end of the first half of next financial year (2021-22)