Page 2966 - Company News
Mercedes-Benz to open bookings for its mid-size SUV from September 8
German luxury car maker Mercedes-Benz announced opening the bookings of its mid-size SUV, AMG GLE 53 4MATIC+ Coupe, from September 8
 "Mercedes-Benz to open bookings for its mid-size SUV from September 8")
SIP investments up 143%, monthly registration doubled in FY20: Paytm Money
Digital financial services firm Paytm Money said that monthly investment volume in systematic investment plans (SIP) has risen by 143 per cent on its platform in 2019-20
 "SIP investments up 143%, monthly registration doubled in FY20: Paytm Money")
HomeLane earmarks Rs 100 cr for marketing, to expand to 25 cities by 2021
Home interiors company HomeLane said it is planning to spend Rs 100 crore for marketing initiatives as it looks to expand its operational footprint to over 25 cities by 2021-end
BofA Securities bets on RIL's 'layer of commerce' after Jio Platforms
After building a 'digital layer' (Jio Platforms) on top of the existing 'physical layer' of retail shops, RIL would over the next 4 years focus on a third 'layer of commerce', BofA Securities said
 "BofA Securities bets on RIL's 'layer of commerce' after Jio Platforms")
Maruti Suzuki India posts 11% rise in production to 123,769 units in August
The country's largest carmaker Maruti Suzuki India said its total production in August increased by 11 per cent to 123,769 units
 "Maruti Suzuki India posts 11% rise in production to 123,769 units in August")
Tourism in dire straits due to Covid; needs urgent relief from govt: IATO
Industry body IATO on Monday urged the government to provide immediate relief to the tourism sector, which has been severely hit by the Covid-19 pandemic
 "Tourism in dire straits due to Covid; needs urgent relief from govt: IATO")
Tariffs unsustainable at present, raising important: Vodafone Idea CEO
Vodafone Idea CEO Ravinder Takkar, in a short Q&A session with the media, was emphatic that tariff rise was inevitable to sustain the telecom business. Edited excerpts
 "Tariffs unsustainable at present, raising important: Vodafone Idea CEO")
Vi is We: Two yrs after merger Voda Idea integrates to create new identity
The relaunch, coming two years after the August 2018 merger of Vodafone and Idea Cellular, is to have a combined brand identity and advertising around it
 "Vi is We: Two yrs after merger Voda Idea integrates to create new identity")
Alembic Pharma arm gets tentative USFDA nod for drug to treat hypertension
Alembic Pharmaceuticals said its subsidiary has received tentative approval from the US health regulator for Treprostinil injection indicated for the treatment of pulmonary arterial hypertension
 "Alembic Pharma arm gets tentative USFDA nod for drug to treat hypertension")
L&T's power transmission, distribution business bags 'large' contracts
Larsen & Toubro (L&T) said its power transmission and distribution business has bagged 'large' contracts in the domestic and international market
 "L&T's power transmission, distribution business bags 'large' contracts")
Biocon set for bigger insulin play, aims to reach one in five diabetics
Biocon Biologics CEO says portfolio to form a substantial part of $1 bn revenue target, to roll out insulin Aspart by next year
 "Biocon set for bigger insulin play, aims to reach one in five diabetics")
Vodafone Idea to make major strategic announcement today, rebranding likely
Vodafone Idea is owned by Vodafone plc and the Aditya Birla group (ABG)
 "Vodafone Idea to make major strategic announcement today, rebranding likely")
Sterling and Wilson Solar bags orders worth Rs 1,600 cr in Australia
Engineering firm Sterling and Wilson Solar on Sunday announced that it has bagged orders worth $300 million (Rs 1,600 crore) for two large solar projects in Australia
 "Sterling and Wilson Solar bags orders worth Rs 1,600 cr in Australia")
Top realtors see green shoots as conversion rates rise by up to 25%
Buyers aged between 30-35 years currently living on rent have the highest purchase inclination, says report
 "Top realtors see green shoots as conversion rates rise by up to 25%")
Vodafone decides to stick with no-equity plan after decade of washout
UK telecom giant has invested over $16.4 billion in the country, but hardly made any returns for its UK shareholders
 "Vodafone decides to stick with no-equity plan after decade of washout")
The Face Shop to Laneige, Korean brands change face of Indian beauty market
Their arsenal of natural serums, toners, masks and mists has shifted consumer focus from makeup to skin health
 "The Face Shop to Laneige, Korean brands change face of Indian beauty market")
Covid triggers wave of innovations as consumers turn finicky about hygiene
From personal to home hygiene, new items succh as UV disinfectants, sanitising boxes, free-finger touch devices, DIY grooming kits gain traction
 "Covid triggers wave of innovations as consumers turn finicky about hygiene")
China's leading chipmaker denies military ties as US steps up feud
The Trump administration is trying block Chinese access to US technology it worries might be used to make weapons or develop competitors to American industry
 "China's leading chipmaker denies military ties as US steps up feud")
MNCs approach tax dept, seek revision of agreements due to Covid-19
These companies are reaching out to the direct tax board to seek clarity on revising the advance pricing agreements
 "MNCs approach tax dept, seek revision of agreements due to Covid-19")
India Inc mirrors GDP contraction in Q1: Revenues of 2,170 firms dip 24.3%
At current prices, GDP was down 20.6 per cent, doing better than India Inc
 "India Inc mirrors GDP contraction in Q1: Revenues of 2,170 firms dip 24.3%")