Page 2869 - Company News
Aurobindo Pharma tumbles over 3% after USFDA warning letter to subsidiary
Shares of Aurobindo Pharma on Thursday closed over 3 per cent lower after the company's step-down subsidiary received a warning letter from the US health regulator for its unit in New Jersey, US.
 "Aurobindo Pharma tumbles over 3% after USFDA warning letter to subsidiary")
Effort is to create characters that will outlast you: Prime Video official
It is all about instinct and knowing whether a story is authentic and rooted so it can stand the test of time, says Aparna Purohit, head of India Originals at Amazon Prime Video
 "Effort is to create characters that will outlast you: Prime Video official")
Renault expands sales network, adds 34 sales, service outlets in 2 months
This marks a total of more than 90 new touchpoints that the company has added across India in less than a year, Renault India said in a statement
 "Renault expands sales network, adds 34 sales, service outlets in 2 months")
Sterlite Tech Q2 profit dips 63% to Rs 58 cr hurt by lower revenue
Revenue from operations slipped nearly 15 per cent to Rs 1,159.5 crore in Q2FY21 from Rs 1,359.6 crore in the year-ago period
 "Sterlite Tech Q2 profit dips 63% to Rs 58 cr hurt by lower revenue")
India most troubled by talent crunch for cyber threat detection: Report
"The unprecedented adoption of cloud is also giving rise to newer vulnerabilities and cybersecurity challenges."
 "India most troubled by talent crunch for cyber threat detection: Report")
NTPC ranks first among Indian PSUs in Forbes' 'World's Best Employer 2020'
The recognition is testimony to the NTPC's commitment towards inculcating best in class practices that are thoughtfully designed and robustly executed, the company said in a statement
 "NTPC ranks first among Indian PSUs in Forbes' 'World's Best Employer 2020'")
EESL invests $5 mn in Thailand-based electric bike company
This is the company's second overseas investment; funding was routed through SHIFT Asia, a carbon finance platform
 "EESL invests $5 mn in Thailand-based electric bike company")
Tech Mahindra Q2 preview: Analysts see up to 14.7% YoY fall in net profit
Deal pipeline in telecommunication & enterprise segment, opportunities in 5G, are some of the key monitorables.
 "Tech Mahindra Q2 preview: Analysts see up to 14.7% YoY fall in net profit")
India's smartphone mkt sets qtr record; Chinese cos hold 76% share: Canalys
All the top five smartphone vendors - Xiaomi, Samsung, Vivo, Realme and Oppo- saw their shipment grow in the third quarter compared to the year-ago period
 "India's smartphone mkt sets qtr record; Chinese cos hold 76% share: Canalys")
Liberty Steel begins operations; starts producing at Odisha's Adhunik plant
The restart has been achieved in just six months following intensive work to prepare the site for their return to steelmaking operations after the previous owner fell into administration."
 "Liberty Steel begins operations; starts producing at Odisha's Adhunik plant")
Amazon's 'I Have Space' aids local stores expand business amid pandemic
In this process, Amazon India's 'I Have Space' (IHS) programme has played a major role with over 28,000 neighbourhood and kirana stores in nearly 350 towns and cities in the country
 "Amazon's 'I Have Space' aids local stores expand business amid pandemic")
US sues Google: Biggest anti-trust case and what it means for the net giant
The lawsuit comes more than a year after the Justice Department and Federal Trade Commission began antitrust investigations into four big tech companies: Amazon.com, Apple, Facebook, and Google
 "US sues Google: Biggest anti-trust case and what it means for the net giant")
Volkswagen appoints Ashish Gupta as Brand Director for India operations
Volkswagen Passenger Cars India on Thursday said it has appointed Ashish Gupta as Brand Director for the Indian operations with effect from November 1.
 "Volkswagen appoints Ashish Gupta as Brand Director for India operations")
IOC Board to consider raising up to Rs 20,000 cr via bonds, debentures
The borrowing would be carried out in one or more tranches, the company said in a regulatory filing on Thursday
 "IOC Board to consider raising up to Rs 20,000 cr via bonds, debentures")
Stride Ventures to fund 10-15 startups by March 2021 to complete 1st fund
Keen to promote venture debt as a significant tool for startups to access capital, Stride Ventures is planning to fund 10-15 companies over the next few months to complete its maiden fund.
 "Stride Ventures to fund 10-15 startups by March 2021 to complete 1st fund")
Ashok Leyland strengthens ICV segment with new BOSS LE & LX trucks
The two models are meant for a range of sectors like courier, poultry, white goods, agri-perishable, and e-commerce.
 "Ashok Leyland strengthens ICV segment with new BOSS LE & LX trucks")
Aurobindo Pharma gets USFDA nod for pain treatment injection Acetaminophen
The product will be launched in December 2020
 "Aurobindo Pharma gets USFDA nod for pain treatment injection Acetaminophen")
Dr Reddy's Labs isolates data centre services due to cyber attack
Dr Reddy's Laboratories on Thursday said it has isolated all data centre services following a cyber-attack
 "Dr Reddy's Labs isolates data centre services due to cyber attack")
Granules India gets USFDA approval for potassium chloride tablets
Drug firm Granules India said it has received marketing approval from the US health regulator for Potassium Chloride extended release tablets, used for treatment of patients with hypokalemia
Alembic Pharma JV gets USFDA nod for antifungal topical solution
Drug firm Alembic Pharmaceuticals said its joint venture firm Aleor Dermaceuticals has received final approval from the US health regulator for anti-fungal Tavaborole Topical Solution
 "Alembic Pharma JV gets USFDA nod for antifungal topical solution")