Page 2787 - Company News

Kerala's Ayurveda hospitals expect 2021 to bring back medical tourists

The Ayurveda industry - the mainstay of Kerala's tourism sector - has taken a severe beating due to the Covid-19 pandemic

Cool ride for Whirlpool's investors on healthy pick-up in demand

Healthy demand improves earnings visibility; shares scale to all-time high and post the highest daily gain since March

PSU presence in Rs 1-trillion club shrinks in 2020; index declines 18%

The companies that exited the trillion club are IOCL, NTPC, BPCL, and Coal India

Maruti Suzuki's Super Carry records cumulative sales of over 70k units

Automobile major Maruti Suzuki's commercial vehicle Super Carry has reached a cumulative sales of more than 70,000 units in the last four years.

NDTV promoters to appeal against Sebi order imposing fine of Rs 27 crore

The regulator in its order said the loan agreements had clauses that have an adversarial effect on NDTV shareholders

USFDA informs Biocon, Mylan of deferred action on biosimilar license plea

Biocon said its arm, Biocon Biologics, and Mylan have been informed by the USFDA of a deferred action on the biologics license application for a biosimilar to drug Avastin

NDTV to appeal against Sebi order imposing fines on firm, promoters

The promoters' lawyers will appeal against the order and its baseless findings at the Securities Appellate Tribunal, NDTV said in a statement

SpaceX to begin flight testing Super Heavy booster in few months: Elon Musk

Elon Musk-run SpaceX will start flight testing its Super Heavy booster (starting with low-altitude "hops") in a few months from now

Top headlines: Coronaviurs vaccine, IDBI Bank stake sale, and more

Here are the top business headlines on Friday

AAI raises objections to Adani Enterprises branding in private airports

Adani terms the charge 'baseless', says the company has adhered to the terms of agreement

Large IT outsourcing contracts back on the market as clients optimise cost

In the past 10 months, large Indian IT services firms had signed a number of major outsourcing projects involving millions of dollars.

Fintechs show interest in becoming SFBs, but transitions involve risks

The fintech model is conceptualised as asset-light, which, in fact, played a huge role in Fino Payments Bank's early breakeven

India challenges Vodafone arbitration award, plans the same in Cairn case

Experts mixed on the Indian government response. Some say it will send wrong signal to investors, while others say bilateral investment treaties exclude tax disputes

Oaktree Capital, Piramal Group raise offers for bankrupt DHFL yet again

Lenders set to vote on both proposals this week

DoT asks e-commerce sites to pull down listings of mobile signal boosters

The DoT has also carried out raids across multiple locations in South Mumbai over the last two days which led to the removal of 68 illegal boosters (or repeaters), it added

Pandemic pain over, sales show e-commerce to accelerate in India in 2021

E-commerce firms like Amazon, Flipkart, Myntra and others witnessed successful festive season sales this year

Aurobindo Pharma joins hands with Covaxx for coronavirus vaccine

According to a release issued by the drug maker, Covaxx is currently conducting a Phase 1 clinical trial for the vaccine candidate

On the road to recovery: Marquee companies raise advance tax payment

Larsen & Toubro (L&T), state-owned heavyweight Indian Oil Corporation (IOC), IT major Infosys, Tech Mahindra, and private banks ICICI Bank and Kotak Mahindra Bank led the table

Air India pilot unions warn of 'industrial action' over salary cuts

Disinvestment-bound Air India's pilot unions have rejected the five per cent rollback in their salary cuts

Zydus Cadila seeks nod for phase three clinical trials of Covid vaccine

The vaccine was found to be safe and well tolerated in tests on more than a thousand healthy adult volunteers in phase 1 and 2 trials