Page 3033 - Company News

Zydus Cadila gets tentative USFDA nod to market Parkinson's disease drug

The drug will be manufactured at the group's formulation manufacturing facility at SEZ, Ahmedabad

Exxon posts second straight quarterly loss on demand, price plunge

Exxon's oil and gas production business fell to a loss and its refining unit was hit by lower demand and weaker prices

Apple grows 25% as global smartphone market declines in second quarter

The smartphone market worldwide fell to 285 million units, a second consecutive quarter of freefall

Aus plans to force FB, Google to pay for news; to address power imbalance

The draft code allows commercial news businesses to bargain - individually or collectively - with Google and Facebook, in order to be paid for news the tech giants publish on their services

Samsung, Apple contract manufacturers apply for benefits under PLI scheme

Samsung Lava, Dixon and iPhone contract manufacturer looks to produce mobile devices and components worth over Rs 11 trillion in the next five years

Microsoft weighs TikTok purchase as ad business flattens out: Report

Microsoft is in exploratory deal talks as the US government prepares to force China-based ByteDance to divest its video app TikTok over data security concerns, says report

KLM airlines announces massive layoffs, set to cut nearly 5,000 positions

At the end of June, the Dutch government presented an aid package of 3.4 billion euros ($3.8 billion) for KLM to overcome the consequences of the Covid-19 crisis

AAI, HAL, OIL among firms on PSU panel's list for examination in FY21

The Committee on Public Undertakings met on July 29 and selected 11 subjects for a comprehensive examination

Tata Power to raise green energy portfolio to 50% with focus on renewables

Tata Power currently has a consumer base of 2.5 million and it aims to quadruple it to 10 million over the next five years

Nvidia may acquire SoftBank owned UK chip maker ARM for $32bn: Report

The proposed deal includes "both cash and stock and that it valued ARM at above the $32bn price that SoftBank paid for the business in 2016"

Samsung, Foxconn to take part in govt's PLI scheme for phone manufacturing

The scheme aims to make India a manufacturing and export hub for mobile phones

25 years of mobile telephony: PM Modi congratulates telecom industry

Telecom Secretary Anshu Prakash indicated how telecom services had kept it all going during the Covid-19 crisis

Time to make 2G telecom services part of history, says Mukesh Ambani

Reliance Jio shares platform with Bharti Airtel to ring in 25 years of mobile telephony

Two-pronged strategy: Mukesh Ambani is coming for India's phones & wallets

At this month's AGM, Ambani promised to induct 'global partners and investors' in retail over the next few quarters

Birla Tyres to RCom, low-denomination stocks hit top gear on Dalal Street

Dream run may come to a screeching halt anytime, warn analysts as fundamentals do not back them

From controversy to delay, an airport's endless quest for take-off

The CBI investigation of money laundering by GVK Airport Holdings adds another chapter to the long saga of controversy and delay that have bedevilled airport privatisation since inception

TVS Motor plans Rs 300-crore capital expenditure amid Covid-19 pandemic

The company said it was planning to commercialise some of the intellectual properties (IPs) to be built by start-ups through the company's Singapore subsidiary.

As rival sweetens bid, JSW Steel hits hurdle to acquire Asian Colour

Interups offers Rs 2,000 crore in NCLT against JSW's Rs 1,550-cr bid

Rising SaaS adoption to ensure global sway of IT services firms

The final part of the series looks at how Indian firms compete with global peers

Covid-19 impact: Debt woes keep future uncertain for Kishore Biyani firms

Aggressive expansion plans have led to cost overrun, sliding profits for Future Group firms