Page 3039 - Company News

Pharma firms commit 815,000 doses of remdesivir supply in August

Centre steps up efforts to ramp up production of antiviral drug

Dr Reddy's to launch Covid drugs remdesivir and favipiravir in August

Trying to boost acquired Wockhardt portfolio which saw sharp decline in sales during pandemic

'Not clear at all': Google tax sends foreign firms looking for answers

There are other unanswered questions such as are foreign banks with users in India liable to pay the tax, called equalisation levy, for charges levied on online transactions?

Tata Sons withheld facts on turning private: Mistry firms tell SC

The SC will hear the petitions filed by both the Mistry family and Tata Group next month

'They have too much power': US lawmakers grill Big Tech as Trump weighs in

Much-anticipated congressional hearing featuring the CEOs of four of America's largest tech firms kicks off.

Amul widens the brand pitch amid lockdown as it looks to reinvent itself

With a slew of new product launches and brand extensions through the lockdown, the dairy major looks to reinvent the brand

Mindspace REIT IPO sees 13 times more demand than shares on offer

Mindspace REIT has already allotted units worth Rs 2,644 crore to anchor investors

Asset management firms see surge in other income from mark-to-market gains

Among the listed players, HDFC AMC reported a 65% y-o-y jump in other income in the June quarter, at Rs 79 crore

Dr Reddy's: Strong Q1 show in spite of disruption lifts sentiment

Normalising US and India sales likely to drive earnings in FY21

Pressure on discretionary spends to hit near term volumes for Maruti Suzuki

But interest among first-time buyers may help it boost market share

NBFCs' AUM to shrink this year: A first in two decades, says CRISIL

Disbursements across segments are expected to fall by 50-60 per cent as the adverse impact Covid-19 pandemic plays out

Focus back on growth with 800 Mw commissioned: Sembcorp Energy's Vipul Tuli

In an interview with Jyoti Mukul & Shreya Jai, Managing Director Vipul Tuli discusses the future of renewable power in India

NFRA bars another auditor for 5-years, slaps Rs 15 lakh fine in IL&FS case

Baid is at least the third auditor against whom action has been taken by NFRA in the IFIN matter

Maruti Suzuki reports net loss of Rs 249 crore in Q1 as Covid-19 takes toll

The company posted a pre-tax loss of Rs 370 crore, as compared with a profit of Rs 1,853 crore in the year-ago quarter

'No political influence from China': App majors seek review of ban

Apps said they're working for the development of the Indian economy and contributing to employment generation

Bharti Airtel loss widens to Rs 15,933 crore in Q1; revenue up 15.4%

The firm, however, posted an over 2x jump in profit before tax (PBT) of Rs 372 crore for the quarter ended June (Q1) before exceptional items

Jet Airways loss widens to Rs 5,536 crore in 2018-19 over surge in expenses

The full service carrier, which shuttered operations in April last year, had a loss of Rs 766.13 crore. These figures are for standalone comprehensive losses

SpiceJet auditor unsure of airline's ability to continue as going concern

SpiceJet posted a pre tax loss of Rs 807 crore in Q4FY20 due to an increase in finance charges, depreciation and foreign exchange loss as against Rs 56.3 crore profit in same period last year

IndiGo flies into the red on Covid curbs, posts loss of Rs 2,843 cr in Q1

Posts loss of Rs 2,843 cr in Q1FY21 against PBT of Rs 1,509 cr Q1FY20

Bulk of 5G-centric spends to be pushed: TechM's CP Gurnani, Manoj Bhat

"Huawei continues to remain our customer. But they are going through their own cycle, in terms of the US (sanctions) and Covid-19 impact," said TechM's CFO Manoj Bhat