Page 3027 - Company News

Google's $2.1 billion Fitbit deal hits roadblock as EU opens probe

The move by the European Commission on Tuesday came despite Google's pledge last month not to use the fitness tracker's data for advertising purposes in a bid to address competition concerns

PFC eyeing over 25% growth in funds from capital gain bonds this fiscal

State-run Power Finance Corporation Limited (PFC) is targeting higher fund flow from 54EC capital gain bonds in the last two quarters of this fiscal

CIL's coal allocation under spot e-auction scheme drops 7% in April-June

The purpose of e-auction is to provide equal opportunity to all intending buyers for purchasing coal through single window service

Cipla witnesses 3 senior-level exits including India biz CEO Nikhil Chopra

The company's rich legacy of care and strong sense of purpose rooted in a culture of meritocracy and high performance standards have made Cipla an employer of choice for several industry leaders

Aditya Birla Health Insurance unveils new services, products for Covid-19

With the onset of COVID-19, it has become imperative to realise the importance of health and wellness, alongside having a comprehensive health insurance policy.

NMDC s produces 2.19 million tonnes of Iron ore in July, sells 2.57 MT

NMDC Limited produced 2.19 million tonnes and sold 2.57 million tonnes of iron ore in July.

ShareChat in talks with Sequoia, others to raise up to $200 mn: Report

By Aditya Kalra, Aditi Shah and Anirban Sen

Lupin gets US FDA approval to market generic diabetes drug in the US

The Mumbai-based company has received a tentative approval from the USFDA for its Empagliflozin tablets

Kodak TV India to invest Rs 500 cr for new plant in UP over next 3 years

The new plant would be used to develop and test Android TV products so as to reduce dependency on other countries, a company statement said

Ford CEO Hackett to retire, Jim Farley to lead automaker from October 1

Ford Chief Operating Officer Jim Farley will lead the storied automaker into the future starting October 1 when current CEO Jim Hackett retires.

General insurers received 80,900 Covid claims worth Rs 1,290 cr till Jul 31

The number of claims settled by insurers as on July 31 is 52,880 and the claim amount paid, around Rs 490 crore

Spencer's Retail to raise Rs 80 crore rights in maiden rights issue

The maiden rights issue of Spencers Retail of Rs 80 crore to meet its working capital needs and other general purposes opened on Tuesday.

Ashok Leyland arm delivers first battery-electric Metrodecker EV to UK firm

This Metrodecker is a part of the 107 Metrodecker EVs order Optare has received since the product was launched 18 months ago, Ashok Leyland said

NMDC production rises by 13 %, sales up by 7 % in July

In July 2020, the Chhattisgarh projects registered a production of 1.56 million tonnes

Toyota to bring in compact SUV 'Urban Cruiser' during festive season

Besides Vitara Brezza, the model would compete with the likes of Hyundai Venue, Tata Nexon and upcoming products from Kia Motors and Nissan

Need long-term policy to boost oil palm cultivation, reduce imports: OPDPA

India is heavily dependent on imported edible oils. Of the total 15 million tonnes of import, about 9 million tonnes (or nearly 60 per cent) is of palm oils

Covid-19 impact: Suzuki Motorcycle July sales fall 50% to 34,412 units

The company had sold a total of 69,236 units in the same month last year

Will continue to focus on growing business faster than market: Sun Pharma

The company's strategy of developing the Specialty business as an additional growth engine has started delivering, with a gradual ramp up in specialty revenues, Shanghvi said

Margin pressures to cap upside for Dr Lal Pathlabs as Covid dents volumes

Valuations too do not leave much scope for gains

Diageo full-year sales plunge as demand in bars, restaurants dries up

On Tuesday, the company reported an 8.4% drop in organic sales for the year ended June 30