Page 2710 - Company News

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)

Zydus Cadila gets USFDA final nod for low blood pressure drug Droxidopa

The newly approved medication will be manufactured at the group''s formulation manufacturing facility at SEZ, Ahmedabad

IFC, TCCL and EverSource to back WABAG's hybrid annuity model project

WABAG will execute Engineering, Procurement and Construction (EPC) portion of this project over 24 months followed by O&M of 15 years

Covid-19: Uber tells employees to work from home till mid-September

In August, Uber told employees they should expect to work from home through June 2021

WhatsApp to move ahead with controversial privacy update despite backlash

The messaging platform laid out fresh terms in January, aimed at increasing business transactions on the platform

CAIT demands ban on Amazon in India, seeks action against e-commerce firms

CAIT accused Amazon of indulging in predatory pricing, deep discounting and inventory control

Top headlines: Rich PF investors may opt for debt funds, GST slab merger

Following the backlash it received for the update to its privacy policy in early January, WhatsApp will now let users take a better look at the changes that have been proposed. Read top news here

Dealing a blow: Green policy flip-flops spook foreign investment firms

Centre calls a meeting between states, PEs, funds

Engineers India, OIL to jointly bid for BPCL stake in Numaligarh Refinery

The refinery was incorporated on April 22, 1993 and has a 3 million tonnes per annum capacity. It is the largest customer of OIL's crude produced from its North Eastern fields

Piramal group gets RBI approval for debt-ridden DHFL's acquisition

Plans to merge DHFL with its financial services business

Mining resumes at state-owned NMDC's Donimalai mine in Karnataka

State-owned NMDC on Thursday announced resuming mining operations at its Donimalai iron ore mine in Karnataka

Allegations of dodging laws have malicious intent: Amazon India chief

Amit Agarwal tells the employees that the company remains committed to its pledge to digitise 10 mn MSMEs, enable $10 bn in exports and create incremental 1 mn jobs by 2025.

Flipkart is positioned to win India's e-commerce future: Walmart's McKenna

Flipkart saw more than 250 mn customers over a 5-day period during its flagship 'Big Billion Day' sale event, and PhonePe reached milestone of 1 billion monthly payment transactions, McKenna said

Jaguar Land Rover to cut 2,000 jobs globally, full review underway

"We anticipate a net reduction of around 2,000 people from our global salaried workforce in the next financial year," it said

L&T Construction bags major contract to build 2 units of Kudankulam plant

The Kudankulam Nuclear Power Plant is India's first Light Water Reactor (LWR) of six units with a generation capacity of 1000 MWe each

WhatsApp to give option to review policy updates amid controversy

WhatsApp has clarified that the update only impacts the way users interact with WhatsApp business accounts.