Page 3086 - Company News

Covid-19 crisis: Race to develop vaccine gets a booster as field widens

On Thursday, CDSCO also approved Zydus Cadila's plasmid DNA vaccine candidate ZyCoV-D, developed at its Vaccine Technology Centre in Ahmedabad.

Uber shuts Mumbai office as part of restructuring; services to continue

When contacted, an Uber spokesperson said, 'Uber continues to provide a high level of service to all its riders in Mumbai'

Tata Steel Dutch employees safe from job losses, says Labour Union

There are about 9,000 workers at Ijmuiden. FNV said an agreement has also been reached on the company structure.

NHAI kickstarts process to form InvIT to tap investment in highways sector

NHAI constitutes a panel to select an Investment Manager to initiate the InvIT process

Indiabulls Housing Finance reports 37% drop in standalone Q4 pre-tax profit

The lender made extra provisions of Rs 700 crore on account of Covid-19 equivalent to 1 per cent of the loan book.

Genpact, UPL Corporation won't be impacted by India downgrade: Moody's

Rating agency says RIL, TCS, Infosys among five Indian companies that meet norms for being rated above sovereign

Tata Power stock powers up with strategic turnaround, deleveraging plans

Preferential equity issue, non-core asset sale boost sentiment

Sebi notifies new regulations for registered investment advisers

The new norms would require mandatory segregation of advisory and distribution activities at client-level to avoid conflict of interest.

Promoter entity valuation in restructured entity weighs on Motherson

The positives, according to analysts, are a simplified group structure, investment options for minority shareholders and value discovery of international business

IOC's special winter-grade diesel powers Indian soldiers in Ladakh

This fuel can withstand extremely low temperatures of around minus 33 degree Celsius.

Covid-19 impact: Six of the top 10 family-owned businesses in the red

Leading business houses report pre-tax loss of Rs 19,342 crore in Q4

Hammered by Covid-19 pandemic, Air France announces 7,500 job cuts

Activists from multiple unions protested at Air France headquarters at Paris' Charles de Gaulle Airport as talks began Friday

Intel Capital picks up 0.39% stake in Jio Platforms for Rs 1894.50 cr

The latest fund raising news comes on the back of RIL's announcement that it has turned net debt free ahead of its March 2021 deadline

UK, Bharti Enterprises win OneWeb, to spend $1 billion on revival

The deal could be a game-changer for hinterland connectivity.

Rajan Mathews quits, S P Kochar becomes new COAI director general

He was till recently the CEO of Telecom Sector Skill Council of India.

SoftBank stock bounces to 2020 peak as buyers look beyond WeWork

The stock rose 2.6 per cent on Friday to 5,778 yen ($54), the highest since July 2019

Domestic airlines need $3-3.5 bn funding amid subdued travel demand: CAPA

On the fund requirements for IndiGo, which it had earlier not quantified, CAPA said, "IndiGo is likely to raise $400-650 millions by monetising its aircraft and engine assets."

Recovery in crucial urban market will take longer: Havells India CMD

Anil Rai Gupta says how managing costs, shedding bureaucratic shackles, and improving productivity at every level will be crucial to weathering a storm

In a major relief, govt raises BSNL borrowing limit to Rs 39,713 crore

The approval is the key to BSNL's turnaround plan, which includes setting up a 4G network so that it can compete with private competitors.

Zoom's newest challenger: Budding internet tycoon Mukesh Ambani

Like Google Meet, Microsoft Teams and other services, JioMeet offers unlimited high-definition calls - but unlike Zoom, it doesn't impose a 40-minute time limit.