Page 2942 - Company News

United Spirits names Pradeep Jain as CFO; Churiwala gets global role

United Spirits Ltd on Friday said its Executive Director and Chief Financial Officer (CFO) Sanjeev Churiwala will be elevated at its parent Diageo as Regional Finance Director APAC

Zydus Cadila gets USFDA nod to market mineral supplement tablets

Zydus Cadila said it has received approval from USFDA to market potassium chloride extended release tablets, a mineral supplement used to treat or prevent low amounts of potassium in the blood

Tata Capital to step up corporate finance lending to better rated borrowers

Tata Capital's book size increased from Rs 77,110 crore as at March 31, 2019 to Rs 77,610 crore as at March 31, 2020, on a consolidated basis

Despite challenging economic environment, Bharat to drive Maruti's sales

Rural buying 41% of the total during Apr-Aug

Emami refocuses for handsome gains, puts aside spat with Hindustan Unilever

The company puts the spat with multinational Hindustan Unilever behind it as it squares up to fight the pandemic slump

Home-away-from-home model offers hotels a sliver of hope amid Covid crisis

IHCL plans three-fold increase for its homestay properties

Karur Vysya Bank's focus areas will be MSME, retail: MD & CEO B Ramesh Babu

'Won't participate in consortium accounts where our share is least as we will have no say', said B Ramesh Babu

Practo is looking to scale faster riding on Covid-19, says CEO Shashank ND

As telemedicine became the preferred medium for consultations, the firm saw over 70 per cent first time-users and 44 per cent users coming from non-metro cities

Covid-19: Mass production of Sputnik V likely to take several months

Vaccine makers here feel the Sputnik is still a work in progress and needs time to develop

Byju's acquires 3D virtual lab startup LabInApp to bolster edtech presence

With this, Bjyu's, which is currently valued at around $11 billion, has already acquired half a dozen apps in edtech platforms in a bid to become a super app in the edtech space

Supreme Court rejects SBI plea for resuming IBC case against Anil Ambani

The case is among the first high-profile ones after rules were set for personal bankruptcy last year

SP slaps notice on Tata Sons board, seeks damages for blocking fund raise

Notice questions actions of Tata Sons independent directors, Mistrys say they are duty bound to protect interests of minority shareholders

Despite Covid, Sterling & Wilson hopes to surpass FY20 order flow this year

The company, which is betting big on international markets, has so far won orders worth Rs 5,696 cr compared with Rs 828 cr during the same period last year

Shapoorji Pallonji group faces biggest challenge as fund flow dries up

Sterling & Wilson default is a cause of concern for lenders

Covid-19 impact: E-commerce companies may see 50% rise in festive sales

Flipkart, Amazon projected to cross $7 billion in these sales during Covid-19

MAIT appoints Nitin Kunkolienker as president, appoints 15 new members

The Manufacturers' Association of Information Technology (MAIT) on Thursday said Nitin Kunkolienker, director (member on board) of Synegra EMS Ltd, has been named as the body's president for 2020-21.

Tata Power, India Power Corporation submit bids for three discoms in Odisha

The bids were called earlier this year for Western, Southern and Northern Electricity Supply Companies, namely WESCO, SOUTHCO and NESCO.

Market share gains, pick up in ad growth to help Zee Entertainment

While there are multiple triggers, the recent stock surge caps near term gains

Axis Bank's multi-year low valuations a worry for investors

In addition, there's also growing stress in the bank's SME (small and medium enterprise) loans, a segment which was fast growing until FY20

250 distressed firms rescued under insolvency law till June: IBBI chief

The Insolvency and Bankruptcy Code has been in force for four years and provides for a time-bound and market-linked resolution framework for stressed assets