Page 3020 - Company News

Serum Institute to price Covid-19 vaccine at less than Rs 250/dose in India

As per SII, the vaccines will be available as early as the first half of 2021 after gaining approvals and qualifications from the WHO

The trouble with climate scenarios is that everyone has their own

Scenario analysis can be a great way of structuring one's thinking about the future, which is essential to understanding climate change

Nalco-Midhani JV to rope in environmental consultant for AP aluminium plant

The JV has been formed to set up 60,000 tonnes per annum high-end aluminium alloy production plant at Nellore, Andhra Pradesh

JNPT crane insurance covers full replacement along with loss of business

Clearing of damaged cranes alone to take over a month

UK-based private investor Actis acquires 400 MW solar projects from Acme

Both Acme and Actis did not disclose the deal size but market experts estimated the deal size to be close to Rs 2,000 crore

BCG vaccine safe, does not lead to increased risk of Covid-19: Scientists

Scientists have compared volunteers who had received the BCG vaccine with those who did not, and have found that the immunised individuals did not get sick more often, or become more seriously ill

Daimler India enters used CV market with launch of BharatBenz Exchange

The programme will supplement its existing new vehicle sales model by offering a platform on which customers can exchange their used vehicles of any brand for new or used BharatBenz vehicles

Coal India e-auction fuel allocation rises 21.5% in to 19.76 MT in June qtr

In the corresponding quarter a year ago, the fuel allocation by the PSU under all the four windows of e-auction was 16.26 MT

BHEL begins civil works at 660-MW Sagardighi power plant in West Bengal

State-owned engineering firm BHEL on Friday said it has commenced civil works at 660-MW Sagardighi supercritical thermal power project in West Bengal

REC removes Chinese firm from J&K Smart Meter project over Ladakh impasse

The project costing Rs 125-crore was awarded by RECPDCL, an arm of Rural Electrification Corporation under the ministry of power, in September 2019

Franklin Templeton MF's shut schemes receive Rs 4,280-cr since closure

Franklin Templeton shut six debt mutual fund schemes on April 23, citing redemption pressure and lack of liquidity in the bond market

Air India harassing travels agents selling Vande Bharat tickets: Group

Air India is being 'monopolistic', says group representing travel agents.

Telcos defy Covid-19, see strong revenue growth on higher data usage: Fitch

Revenue market share continues to consolidate with Reliance Jio and Bharti Airtel as Vodafone Idea loses 10 million users per quarter

Hinduja group media arm claims turnaround, plans services in new countries

NXTDIGITAL reports annual profit of Rs 110.05 crore as against a loss of Rs 303.43 crore a year ago.

BP poised to sell 'stranded assets' even if oil prices rally: Report

Major oil companies typically hold assets for the long term, even when crude prices plunge, with a view to start bringing more marginal production online when market conditions improve

Air India Express announces pay cuts for staff after revenues decline 88%

Salary cuts will be effective from April 1 and will continue till further review by the board of directors.

'Rupture in digital world' as Trump orders ban on TikTok, WeChat in 45 days

Tiktok has come under fire from US lawmakers and the administration over national security concerning data collection

Voda Idea's loss jumps 4 times to Rs 25,460 cr in Q1; revenue falls 5.4%

The result indicated the impact of the Covid-19 pandemic and the lockdown, but its overall performance was weighed down by financial stress

Uber rides take coronavirus hit but food-delivery business doubles

Ride-hailing trips, in the past responsible for nearly two-thirds of Uber's revenue, increased 5 percentage points from their low in April, but gross bookings remained down 75% from last year

Beauty brand MyGlamm acquires women-centric digital platform POPxo

While both brands will retain their identities, investors of POPxo, including Chiratae Ventures, Kalaari Capital, and Neoplux Venture Capital, will also join MyGlamm investors