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Page 3072 - Company News

E-comm firms start work on country of origin tags for over 600 mn products

Industry insiders said that the e-commerce platforms had started working on the technology feature which involves a lot of coding, building algorithms and databases

E-comm firms start work on country of origin tags for over 600 mn products
Updated On : 12 Jul 2020 | 7:43 PM IST

How Covid has forced fence-sitting retailers to jump onto digital bandwagon

Right from product demonstration to enabling purchase - everything is being managed these days through "virtual personalisation"

How Covid has forced fence-sitting retailers to jump onto digital bandwagon
Updated On : 12 Jul 2020 | 7:18 PM IST

JSW Steel plans to reduce capex target by 45% to Rs 9,000 crore for FY21

World steel association has also lowered its forecast for steel demand for calendar year 2020

JSW Steel plans to reduce capex target by 45% to Rs 9,000 crore for FY21
Updated On : 12 Jul 2020 | 5:35 PM IST

Alembic Pharma sees domestic business growing in double digits this fiscal

Strong brand recall, an efficient sales force, a growing network of supportive doctors and timely product launches are the key catalysts for this business

Alembic Pharma sees domestic business growing in double digits this fiscal
Updated On : 12 Jul 2020 | 2:25 PM IST

Elon Musk, Mukesh Ambani now richer than Warren Buffet: Check top 10 list

Tesla chief's fortune rose by $6.07 billion on Friday, following a 10.8% jump in the electric carmaker's stock, according to media reports

Elon Musk, Mukesh Ambani now richer than Warren Buffet: Check top 10 list
Updated On : 12 Jul 2020 | 2:16 PM IST

Covid-19 effect: Air India withdraws job offers for 180 trainee cabin crew

Air India says it's 'discontinuing with training arrangement' because of the troubles in the aviation sector

Covid-19 effect: Air India withdraws job offers for 180 trainee cabin crew
Updated On : 11 Jul 2020 | 9:21 PM IST

PNB Housing to seek shareholders' nod to raise Rs 45,000 cr through NCDs

Bonds/non-convertible debentures constitute significant portion of company's total borrowings, says state-owned lender

PNB Housing to seek shareholders' nod to raise Rs 45,000 cr through NCDs
Updated On : 11 Jul 2020 | 8:03 PM IST

Dunzo suffers data breach; users' phone numbers, email IDs exposed

Google-backed delivery services startup says clients' payment information was not compromised.

Dunzo suffers data breach; users' phone numbers, email IDs exposed
Updated On : 11 Jul 2020 | 7:08 PM IST

DMart Q1 net profit tumbles 88% to Rs 40 cr due to Covid-19 lockdown

Owner of Avenue Supermarts reported a profit of Rs 323 crore in the same quarter last year

DMart Q1 net profit tumbles 88% to Rs 40 cr due to Covid-19 lockdown
Updated On : 11 Jul 2020 | 7:00 PM IST

Shriram EPC to raise Rs 250 crore from West Asia-based Markab Capital

Markab has around $1 billion in assets under management and has significant experience in investment in EPC and construction companies as well as telecom and real estate

Shriram EPC to raise Rs 250 crore from West Asia-based Markab Capital
Updated On : 11 Jul 2020 | 5:38 PM IST

Biocon's drug Itolizumab gets regulator nod to treat Covid-19 patients

The drug which has got approval to treat moderate to severe Covid complications will be manufactured as an intravenous injection at Biocon's Bengaluru plant

Biocon's drug Itolizumab gets regulator nod to treat Covid-19 patients
Updated On : 11 Jul 2020 | 5:30 PM IST

Drug controller approves Biocon's psoriasis drug for emergency Covid-19 use

The firm presented the phase II clinical trial results to the drug regulator which were deliberated upon by the Subject Expert Committee of the DCGI's office

Drug controller approves Biocon's psoriasis drug for emergency Covid-19 use
Updated On : 11 Jul 2020 | 2:53 PM IST

Musk soars past Warren Buffet to become 7th richest billionaire: Report

Tesla chief's fortune rose by $6.07 billion on Friday, following a 10.8% jump in the electric carmaker's stock, Bloomberg News reported.

Musk soars past Warren Buffet to become 7th richest billionaire: Report
Updated On : 11 Jul 2020 | 2:05 PM IST

Ircon marks 27% growth in Q4 profit at Rs 122 cr, turnover at Rs 1,788 cr

Earnings per share increased to Rs 13.02 in Q4 FY20 as compared to Rs 10.16 in Q4 FY19, it said in a statement late on Friday after the closing of market hours

Ircon marks 27% growth in Q4 profit at Rs 122 cr, turnover at Rs 1,788 cr
Updated On : 11 Jul 2020 | 12:54 PM IST

RIL closes four Jio stake sale deals, receives Rs 30,062 cr from investors

Reliance had sold a total of 25.09 per cent stake in the subsidiary which houses India's youngest but largest telecom firm, Jio, to 11 investors for Rs 1,17,588.45 crore

RIL closes four Jio stake sale deals, receives Rs 30,062 cr from investors
Updated On : 11 Jul 2020 | 10:32 AM IST

Facebook plans to ban political ads before US Presidential election: Report

A highly-anticipated audit of Facebook practices revealed this week that the company's decision not to remove controversial posts by President Donald Trump was "deeply troubling"

Facebook plans to ban political ads before US Presidential election: Report
Updated On : 11 Jul 2020 | 10:30 AM IST

Telecom Italia excludes Huawei from 5G core equipment tender: Report

The decision to prevent Huawei from bidding for the Italian network gives the Chinese company no recourse

Telecom Italia excludes Huawei from 5G core equipment tender: Report
Updated On : 11 Jul 2020 | 7:31 AM IST

After asking employees to delete TkikTok, Amazon says email was a mistake

The initial internal email, which was disseminated widely online, told employees to delete TikTok, a video app increasingly popular with young people

After asking employees to delete TkikTok, Amazon says email was a mistake
Updated On : 11 Jul 2020 | 7:14 AM IST

Commercial ambition sole motive of Mistry, Tata tells Supreme Court

Grievance is only about his removal as chairman: Tata

Commercial ambition sole motive of Mistry, Tata tells Supreme Court
Updated On : 11 Jul 2020 | 2:32 AM IST

Gilead Sciences analysis shows remdesivir reduced coronavirus death risk

Remdesivir has been at the forefront of the global battle against Covid-19 after the intravenously administered medicine helped shorten hospital recovery times

Gilead Sciences analysis shows remdesivir reduced coronavirus death risk
Updated On : 11 Jul 2020 | 2:32 AM IST