Page 3047 - Company News

Tamil Nadu CM inaugurates new industrial projects worth Rs 3,185 cr

Tata Chemicals, TCS, Hyundai Glovis among companies with whom the state has signed agreeements

Hughes Network to invest $50 mn in UK govt, Bharti-led OneWeb consortium

Hughes has worked closely with the UK Government through its Hughes Europe division, which is headquartered outside of London, and sister company EchoStar Mobile Limited

MTNL's loss narrows to Rs 624 cr in Q4 over voluntary retirement scheme

MTNL's total income declined 26.77 per cent to Rs 518.79 crore in January-March 2020, compared with Rs 708.5 crore in the year-ago period

Escorts reports 6% rise in consolidated profit to Rs 92.58 cr in Apr-Jun

Consolidated revenue from operations during the quarter under review stood at Rs 1,089.26 crore as compared to Rs 1,440.45 crore in the year-ago period

Moody's downgrades Rolls-Royce's credit rating to junk; outlook negative

Shares in Rolls-Royce, which have already lost almost two-thirds of their value during the pandemic, dropped 5.7% to trade at 253 pence at 0827 GMT, after Moody's statement

HC to hear AM/NS India petition on transfer of Hazira port licence tomorrow

AM/NS India had earlier this year applied to GMB for transfer of licence within days of acquiring Essar Steel (now AM/NS India) in a Rs 42,000 crore transaction under an insolvency process. But a deci

Consolidated Edison selects Infosys to digitally transform customer service

It will also enable Con Edison to keep pace with regulatory and technology changes, become technologically nimble, mitigate risks, and become cost effective

Reliance Industries leverages technology to expand farm-to-fork model

The goal is a 12-hour window for vegetables and fruits to move from the fields to the shelves

We are betting big on data boom in India: Yotta Infra CEO Sunil Gupta

Artificial intelligence, machine learning, Internet of Things are accelerating growth of storage and processing of data, says Sunil Gupta

Alembic Pharma gets board approval to raise up to Rs 1,000 cr via QIP

Further, the board has delegated its authority to a fund-raising committee which shall be authorised to take decisions with respect to the issue

Avra Laboratories gets regulatory approval for Covid-19 drug Favipiravir

The company said the drug is cheaper than alternatives and would be supplied to Cipla for the launch of Ciplenza, the generic version of Favipiravir

How BBK Group is leveraging OnePlus, Vivo, Oppo to capture Indian market

BBK today is collectively the world's third largest manufacturer, even bigger than Huawei in terms of volume

In the driver's seat: Toyota Kirloskar to make hybrid systems in India

In March 2018, the two had inked an agreement to supply hybrid and other vehicles to each other in the Indian market

Disclosure violations: Sun Pharma, top execs seek Sebi's consent settlement

Regulator initiates proceedings for disclosure violations

As Covid-19 enters hinterland, FMCG heads divided on rural revival timeline

Some CEOs circumspect, others confident recovery will last

Trailing in the value chain: Domestic pharma's unfinished agenda

In the first of a 5-part series, we look at reasons keeping Indian pharma sector from becoming the best globally

Mistry family in talks with investors to raise Rs 4K cr, aims to cut debt

Funds being raised via debt, sale of part stake in Sterling and Wilson Solar

Google foraying into digital lending space by roping in fintech players

ZestMoney is now integrated on Google Pay digital store's Spot platform to offer credit to customers

Air India's regional office forms panel to identify redundant employees

An official order in this regard was issued on Tuesday

India Ratings downgrades GoAir's debt, highlights liquidity concerns

Agency expects sharp decline in GoAir's revenue and operating margin in FY21; Airline's net loss estimated at Rs 1,346 cr in FY20 as against Rs 123 cr profit in FY19