Page 2899 - Company News
Natco Pharma eyes launch of 8-10 new drugs yearly in Indian market
Natco Pharma aims to launch around 10 new products every year in the Indian market, the city-based drug maker said on Thursday
 "Natco Pharma eyes launch of 8-10 new drugs yearly in Indian market")
UP slaps recovery notices on Bajaj Hindusthan, Modi Group sugar mills
At present, Rs 7,500 crore cane dues are outstanding as many as 94 on UP private millers
 "UP slaps recovery notices on Bajaj Hindusthan, Modi Group sugar mills")
Despite anti-China sentiment, OnePlus to invest Rs 100 cr in India retail
OnePlus has over 5,000 offline stores, including partnered stores, across the country, and plans to scale this up to 8,000 stores in the coming quarters
 "Despite anti-China sentiment, OnePlus to invest Rs 100 cr in India retail")
Maharashtra: Voda Idea services disrupted as key site in Pune gets flooded
Subscribers of Vodafone Idea in Maharashtra are facing connectivity issues since Thursday morning as a key site in Pune got flooded
 "Maharashtra: Voda Idea services disrupted as key site in Pune gets flooded")
Modern workplaces for secure remote work need of the hour: HP CEO
The onus is on tech companies to keep their customers secure and provide them modern devices that make their lives easy as they work from home, HP President and CEO Enrique Lores said on Thursday
 "Modern workplaces for secure remote work need of the hour: HP CEO")
Mistry opens new front against Tatas over Parliament redevelopment project
The Mistry family alleges misconduct in bidding process, wants Tatas disqualified
 "Mistry opens new front against Tatas over Parliament redevelopment project")
Adani Green transfers 205 MW solar assets to JV with Total for Rs 1,632 cr
Adani Green Energy Ltd (AGEL) on Thursday said it has transferred 205 MW solar assets to its JV business with French energy major Total SA for about Rs 1,632 crore
 "Adani Green transfers 205 MW solar assets to JV with Total for Rs 1,632 cr")
HCL Technologies Q2 preview: PAT rise seen between 10.5% - 13.6% YoY
Analysts at IDBI Capital forecast revenue growth of 3.9 per cent QoQ in constant currency.
 "HCL Technologies Q2 preview: PAT rise seen between 10.5% - 13.6% YoY")
Piramal Enterprises appoints two independent directors to its board
Piramal Enterprises said it has appointed Snapdeal CEO Kunal Bahl and Economic Law Practice Managing Partner Suhail Nathani as independent directors to its board.
 "Piramal Enterprises appoints two independent directors to its board")
From IndiaMart to Big Basket, Tata eyeing stakes in e-commerce companies
Deliberations are at an early stage and there's no certainty Tata's pursuit of the assets will result in transactions, the people said
 "From IndiaMart to Big Basket, Tata eyeing stakes in e-commerce companies")
Air India facing a very challenging financial situation: Hardeep Puri
Hardeep Puri has called Air India's LWP scheme a "win-win for employees and management", and pointed out that Air India has not laid off a single employee like international and domestic carriers
 "Air India facing a very challenging financial situation: Hardeep Puri")
Attorney General not in favour of appealing against Voda arbitration award
The finance ministry, through the Central Board of Direct Taxes (CBDT), had sought the AG's opinion around September-end on the ruling
 "Attorney General not in favour of appealing against Voda arbitration award")
In spite of anti-China rhetoric, Chinese smartphones dominate Indian market
Top Chinese smartphone brands gained market share during the most critical phase - the April-June quarter of this year
 "In spite of anti-China rhetoric, Chinese smartphones dominate Indian market")
Pandemic shock forced me to exit retail biz: Future Group founder Biyani
Future Group founder says lost about Rs 7,000-crore revenue in 3-4 months; he would now 'think small' and focus on becoming digital-first
 "Pandemic shock forced me to exit retail biz: Future Group founder Biyani")
Infosys outshines rivals with Q2 performance; net profit jumps 20.5%
Revenue grows 86%; firm revises revenue and margin guidance upward
 "Infosys outshines rivals with Q2 performance; net profit jumps 20.5%")
CCEA gives in-principle nod to demerger, strategic disinvestment of NSP
After the demerger, NSP will become a separate company and the managements of NMDC and NSP will be accountable for their respective operations and financial performance
 "CCEA gives in-principle nod to demerger, strategic disinvestment of NSP")
Most start-up segments recover post lockdown; edtech & health care lead
The start-up ecosystem is expected to have created 700,000-750,000 direct and 2.6-2.8 million indirect jobs in total for the year ending 2020, further cementing its recovery
 "Most start-up segments recover post lockdown; edtech & health care lead")
Tata Steel: Rising demand, steel prices and integrated ops bode well
During Q2, Tata Steel not only achieved its highest-ever domestic deliveries of 5.05 million tonnes (MT), volumes at its European operations too, rebounded to year-ago levels
 "Tata Steel: Rising demand, steel prices and integrated ops bode well")
Wipro: Investors should await growth outperformance, margin gains
Wipro was lagging its peers in the past on the back of muted revenue growth, falling margins, loss of market share in deal renewals and pricing pressures
 "Wipro: Investors should await growth outperformance, margin gains")
Hindustan Zinc, Gujarat govt sign MoU for Rs 10,000 cr greenfield smelter
Located over 100 km from Hazira port and 90 km from the upcoming Magdala port, the unit will occupy 415 acres and will be operational by 2022
 "Hindustan Zinc, Gujarat govt sign MoU for Rs 10,000 cr greenfield smelter")