Page 3082 - Company News

Panel recommends shifting LG Polymers plant hit by gas leak in Vizag

Probe says LG Polymers was negligent and warning systems were not working during leak on May 7.

Pharma industry committed to supplying quality drugs in India, world: IPA

IPA Secretary General Jain said, the Indian pharmaceutical industry has outshone itself as a consistent and reliable supplier of life-saving medicines to India and the world

Companies, e-comm firms need to show 'country of origin' on products: Govt

The provision of declaration of 'country of origin' has been in place since January 2018 for all manufacturers, importers, packers and e-commerce players

Moody's Investors Service revises outlook on JSW Steel to negative

Move reflects deterioration in credit profile due to challenges brought by the pandemic

ixigo reinstates salaries, grants discounted ESOPs to staff as compensation

The ESOPs will result in an additional 2.3 per cent of the company's overall shareholding being given to all 150 ixigems (ixigo employees)

Capex plan, capital budget for FY21 pegged at Rs 10,000 crore: Coal India

The capex of CIL, at Rs 844 crore during the first quarter of the current financial year, crossed the provisioned target of Rs 720 crore

Flipkart invests Rs 260 cr in Arvind Youth Brands; to target small towns

The companies said this investment builds on the long-standing engagement between the two organisations that have been working together for several years

Vodafone would have to spend billions to remove Huawei, says UK executive

Operator needed to have a "sensible time scale" of several years to implement any further Huawei restrictions

WhatsApp Business launches chat using QR Codes, expands Catalog feature

WhatsApp Business, which has seen a phenomenal rise in customers the past few months, now has more than 15 million users every month, compared to 1 million last year

Zara FY20 profit rises 45.5% to Rs 104 cr, revenue up 9.2% to Rs 1,570 cr

The company posted 9.24 per cent growth in sales to Rs 1,570.54 crore during the year as against Rs 1,437.87 crore of the previous fiscal

Samsung to make Smart Watches locally, unveils 1st 'made in India' device

Samsung India launched the first 'Make in India Galaxy Watch Active2 4G (aluminium edition) for Rs 28,490

Whirlpool of India CFO Yatin Malhotra resigns; Aditya Jain to replace

Consumer durables maker Whirlpool of India Ltd on Thursday announced resignation of its Chief Financial Officer Yatin Malhotra and appointment of Aditya Jain as his replacement

BHEL commissions Solar PV Plant in Madhya Pradesh for Indian Railways

State-run engineering firm BHEL on Thursday said it has successfully commissioned a 1.7 MW solar photovoltaic (PV) plant at Bina in Madhya Pradesh for the Indian Railways

Flipkart invests Rs 260 cr in Arvind Fashions' arm, picks minority stake

Arvind Youth Brands is Arvind Fashions' recently-formed subsidiary which will own the Flying Machine brand

Microsoft India appoints Navtez Bal as Exec Director for public sector unit

Bal takes over from Manish Prakash, who will transition to the role of Government Regional Business Lead, Microsoft Asia

Amid Daiichi-Ranbaxy row, Delhi HC restricts sale of 'SRL' trademark

The HC has been hearing Daiichi's petition seeking the implementation of Rs 3,500 cr Singapore tribunal arbitral award passed in its favour, against former promoters of Fortis Healthcare

Coronavirus drags Tata Steel production and sales volume in Q1FY21

June sees improvement in sales, utilisation up to 80 per cent

Tata Steel BSL crude steel production drops over 41% in June quarter

Tata Steel BSL said its crude steel production fell over 41% to 6,59,000 tonnes during June quarter 2020 as compared with 11,22,000 tonnes in corresponding period a year ago, hit by Covid-19 pandemic

Reliance Jio, Airtel preparing to cash in on online gaming boom in India

Online gaming, that was a $1.9 billion industry in India in 2019, can well be on track to grow at a 35 per cent compounded rate (CAGR) to hit $8.4 billion by 2024

YES Bank FPO to open on July 15, raise up to Rs 15,000 crore

Earlier this week, YES Bank had received approval from the capital-raising committee (CRC) of its board of directors to raise funds through the offering