Page 3022 - Company News

Icra revises outlook on logistics sector to 'negative' from 'stable'

With gradual easing of lockdown curbs, E-way bill generation has revived to about 70%, while railway and seaway freight volumes have revived to 85-90% of pre-Covid levels in June

Fighting Covid-19: Marico launches Protect range surface disinfectant spray

FMCG major Marico on Thursday announced the launch of Protect range of surface disinfectant sprays, strengthening its portfolio into the fast-growing segment of safety and hygiene after Covid-19.

Despite near-term pressure, investors find flavour in Varun Beverages

Besides good business recovery, improved margin outlook boost investor sentiment

Paytm appoints Bhavesh Gupta as Chief Executive Officer of lending business

Most recently, Gupta served as the founding member and chief executive officer (CEO) of Clix Capital

Glenmark to launch higher strength of FabiFlu to manage Covid-19 dosage

The higher strength will improve compliance for patients by effectively reducing the number of tablets required per day

Adidas expects to bounce back to profitability in Q3 after pandemic hit

Adidas said its sales were flat for the second quarter in China, where it saw double-digit growth in May and June

Flipkart Big Saving Days sale: Deals on Apple, Asus, Realme, Vivo phones

The five-day sale started on August 6 and will continue until August 10

Debt restructuring to help India Inc to tide over Covid crisis: CEOs

The debt moratorium has helped many companies to conserve cash and re-start operations. Yet, CEOs say it isn't enough as consumer demand has not picked up to pre-Covid levels

Amazon Prime Day sale: Deals on smartphones, new launches, offers, and more

The Amazon Prime Day sale started on August 6 and will continue until August 7

Steel Strips Wheels bags manufacturing orders worth $2,09,000 for US market

Company says it has bagged 'export' orders for over 6,000 wheels for the US truck and caravan trailer market

IPL 2020: Vivo pullout may not hit revenues of Star Disney much

The broadcaster has ruled out any cut in the premium it charges for IPL advertising

IPL 2020: Star & Disney says no to ad discount despite slowdown, Covid-19

The reason: It has assured advertisers that the IPL won't face any trouble in garnering record viewership for the 60-odd matches as the sporting event is being played during the festive season

Novavax signs Covid-19 vaccine supply deal with India's Serum Institute

The Indian drugmaker will have exclusive rights for the vaccine in India during the term of the deal

US-led growth helps Cadila post steady Q1 show even as India biz falters

While India business disappointed, lower expenses helped margins

Valuation drop, legal complications likely to hit HDIL's sale prospects

Suitors may prefer individual projects while bidding

IPL 2020: Vivo's surprise exit opens door for sponsors at a discount

BCCI officials clarified on Tuesday that the cricketing body was looking for a one-year replacement only for Vivo and that the latter could make its way back next year in a fresh deal

Having invested billions in India, Huawei treads an uncertain path

The Chinese telecom equipment company is determined to stay put in India

Street awaiting Godrej Consumer Products' Africa business recovery

Domestic business grew 5% in the June quarter; the fall in Africa biz was 22%

Bharti Airtel inks multi-year strategic pact with Amazon for AWS solutions

Puneet Chandok, president, commercial business, India and South Asia, Amazon Internet Services, said it is a 50:50 strategic partnership

DLF reports Rs 180 cr loss before tax on lockdown-induced disruption

Firm's operating revenue plunged 59 per cent year-on-year to Rs 543.6 crore from Rs 1,331.2 crore