Page 2827 - Company News
Google delays adopting controversial 30% in-app commission from Jan to Sept
Apple last week announced it will reduce the standard commission on its App Store from 30 per cent to 15 per cent for app developers with yearly proceeds of less than $1 million from next year
 "Google delays adopting controversial 30% in-app commission from Jan to Sept")
Covid-19: AstraZeneca delivers but can't match rivals, here's what we know
The Astra-Oxford vaccine on average prevented 70% of cases in large trials in the U.K. and Brazil
 "Covid-19: AstraZeneca delivers but can't match rivals, here's what we know")
Top private employer sees jobs in India rising to pre-Covid levels
India's unemployment rate eased to 6.98% in October from as high as 23.5% in April, according to private research firm Centre for Monitoring Indian Economy
 "Top private employer sees jobs in India rising to pre-Covid levels")
Meru Mobility Tech ties up with loyalty and rewards programme InterMiles
Cab-hailing service provider Meru Mobility Tech Pvt Ltd on Monday said it has entered into a partnership with loyalty and rewards programme, InterMiles.
 "Meru Mobility Tech ties up with loyalty and rewards programme InterMiles")
Elon Musk says Chinese rival Xpeng 'stole' Tesla and Apple codes
Tesla and SpaceX CEO Elon Musk has accused Chinese electric car maker Xpeng of stealing the old source codes of his electric vehicle maker company
 "Elon Musk says Chinese rival Xpeng 'stole' Tesla and Apple codes")
Strides Pharma Science gets USFDA nod for generic Prednisone tablets
Strides Pharma Science Ltd said it has received approval from the US health regulator for its generic version of Prednisone tablets
 "Strides Pharma Science gets USFDA nod for generic Prednisone tablets")
Can Hydrogen fuel cell cars go mainstream? This tie-up in UK may help do it
Ratcliffe's Ineos Group will explore opportunities to produce and supply hydrogen to Hyundai, which has been making fuel cell vehicles in low volumes since 2013
 "Can Hydrogen fuel cell cars go mainstream? This tie-up in UK may help do it")
Top headlines: India may get 1st vaccine by Feb, FMCGs expand rural reach
India is likely to issue an emergency use authorisation to at least one Covid vaccine by the end of January and health workers will be the first to be inoculated. More headlines in our evening roundup
 "Top headlines: India may get 1st vaccine by Feb, FMCGs expand rural reach")
DoT committee rejects BSNL concern over using locally made 4G core
Operator's plea of compensation for delay in 4G rollout also struck down
 "DoT committee rejects BSNL concern over using locally made 4G core")
Tariff hike to depend on largest telco: Bharti Airtel chairman Sunil Mittal
Says 5G pricing must encourage investment in networks
 "Tariff hike to depend on largest telco: Bharti Airtel chairman Sunil Mittal")
Moderna to charge govts $25-$37 for Covid-19 vaccine: CEO tells paper
Moderna has said its experimental vaccine is 94.5% effective in preventing Covid-19, based on interim data from a late-stage clinical trial.
 "Moderna to charge govts $25-$37 for Covid-19 vaccine: CEO tells paper")
Five of top-10 firms lose Rs 1,07,160 crore in m-cap; RIL top laggard
Reliance Industries (RIL) emerged as the biggest loser
 "Five of top-10 firms lose Rs 1,07,160 crore in m-cap; RIL top laggard")
Samsung to infuse Rs 5,000 crore to expand Noida manufacturing plant
The export-oriented unit (EOU) is expected to be ready by January-February 2021 and attain commercial production by April 2021
 "Samsung to infuse Rs 5,000 crore to expand Noida manufacturing plant")
JSW Steel offers preferential pricing to small businesses, assures supply
Personalised services will enable MSMEs to compete internationally, says steel company.
 "JSW Steel offers preferential pricing to small businesses, assures supply")
India Inc expands direct reach, adds small packs to tap robust rural market
Experts say string focus on Bharat stems from good monsoons, higher MSP in some states, reverse migration and govt's overall welfare push in the villages
 "India Inc expands direct reach, adds small packs to tap robust rural market")
Real estate firms see good traction for plotted developments in WFH world
Godrej Properties, part of Godrej group, last month launched plotted developments of 1 million sq ft in Faridabad on 43.61 acres of land acquired from BPTP, an NCR-based developer
 "Real estate firms see good traction for plotted developments in WFH world")
CG Power lenders agree for loan recast, pave way for Murugappa takeover
CG Power and Murugappa Group firm Tube Investments of India Ltd, said lenders have accepted one-time settlement and restructuring of debt.
 "CG Power lenders agree for loan recast, pave way for Murugappa takeover")
Prestige Estates Projects looks to offload residual stake in malls
Prestige will sell 85-87 per cent in its nine operational malls to Blackstone in places such as Bengaluru, Mysuru, Mangaluru, and Hyderabad
 "Prestige Estates Projects looks to offload residual stake in malls")
Emami looks to tap shift to homegrown brands after Atmanirbhar campaign
The company is looking to become a serious player in the segment with plans to introduce more products in future
 "Emami looks to tap shift to homegrown brands after Atmanirbhar campaign")
Wipro's Rishad Premji, CEO Delaporte to go for major change to boost growth
Starting from its experiment with joint CEOs in 2008 to being one of the first Indian IT services company to appoint a non-Indian CEO earlier this year, Wipro has taken many bold decisions
 "Wipro's Rishad Premji, CEO Delaporte to go for major change to boost growth")