Page 2843 - Company News

Aurobindo, Zydus, Jubilant, others recall various products in US market

Indian drug firms like Marksans Pharma, Aurobindo Pharma, Zydus and Jubilant are recalling products in the US market, as per the latest enforcement report by the USFDA

Prestige Group's Q2 sales booking up 9% at Rs 1,123 cr despite slowdown

Realty firm Prestige Estates Projects' sales bookings rose 9 per cent year-on-year to Rs 1,123.3 crore during September quarter on better demand for its residential properties

SpiceJet handles 10,000 cargo flights since lockdown in late March

During the coronavirus-induced lockdown the government permitted operations of only cargo and special flights

Adani likely to vie for entire DHFL portfolio through a sweetened bid

The company is likely to submit a revised bid in the next couple of days, said people in the know

Covid-19, gas price crash may push back PLL's $2.5-bn deal with Tellurian

The deal would have to be renegotiated given the current market prices or shelved, according to government sources

Diwali keeps oil companies from revising petrol, diesel retail prices

The good news for consumers is that global prices has fallen back to $ 42 a barrel from a level of over $ 45 a barrel reached early this week.

Bonds to equity: Airlines are making money selling everything but tickets

The first thing companies try to sell in a crisis are bits of paper. Airlines have issued $88 billion in bonds so far in 2020

McDonald's and franchisees to make safety checks as 'COVID fatigue' grips

The pandemic prompted widespread changes in how restaurants conduct business, with many relying more on drive-thru, carry-out and delivery

Trump administration extends deadline for sale of TikTok to November 27

TikTok faced a deadline on Thursday to comply with the United States' order to sell its US operations or be shut down, although the demand did not go into effect on time

Uber in talks to sell its ATG self-driving unit to Aurora: Report

The talks are still ongoing and there is no certainty a deal could be reached

Covid pandemic makes wholesale business do the unthinkable. Go online

The pandemic has accelerated the shift that blurs the difference between B2B and B2C

As Disney+ booms in India, company hopes to make it its biggest market

The growth of Disney+, which launched a year ago, has far exceeded the expectations of both Wall Street and the company itself

Analysts upgrade earnings outlook as Jubilant delivers on margin front

Market share gains, scaling up of network and takeaway trends to aid revenue growth

Page Industries: Category slowdown, competitive headwinds pose challenges

Sustaining growth rates, however, will be key for rerating

Govt asks CPSEs for quarterly dividend payouts, higher share of profits

DIPAM has prepared a 'consistent' dividend policy for state-owned firms to follow

Shoppers Stop to raise Rs 300 cr via rights, issue open Nov 27-Dec 11

Existing investors holding 70 shares can apply for 17 new shares at Rs 140 apiece

RBL Bank completes Rs 1,566 cr fund raising through preferential allotment

With this, the lender's capital adequacy has gone up to to 18.7%

PSUs asked by govt to pay higher dividends have little room for more

Listed PSUs have paid dividend worth Rs 2.75 trn in last 5 yrs

Shree Cement's superior Q2 show will help sustain premium valuations

With the company's cost leadership being maintained, it reported much better per tonne operating profit

Zomato raises $195 mn in funding from 6 investors, valued at $3.6 bn

Upon closing of the fund raise, Info Edge's shareholding in Zomato shall stand reduced to about 20.8 per cent on fully converted and diluted basis