Page 3100 - Company News

L&T may gain from China's loss of Delhi-Meerut Rapid Rail project

The border standoff is casting a shadow on economic ties between the two neighbours

Xiaomi a 'more Indian' smartphone brand than any other, says India head

Stressing that the company's mobile phone R&D centre and product team is in India, the Xiaomi India Managing Director also pointed out that it employs 50,000 people in the country

Myntra End of Reason sale brings onboard 250,000 new customers on day 1

Myntra said it had sold over 1.5 million products during the first 12 hours of EORS this year which runs from June 19-22

Amazon, BigBasket get approval for liquor delivery in West Bengal: Report

BevCo, the sole wholesaler of liquor in West Bengal, also invited two Kolkata-based companies -- Senrysa Technologies Pvt Ltd and Golden Goenka Commerce Pvt Ltd for the signing of agreements

GSK in quest to be best, not first, in race for coronavirus vaccine

GSK, which is in seven collaborations with institutions or firms globally, only entered the clinical trial stage with one project on Friday

Assam well fire: Over 7,600 MT crude oil production lost due to blockades

Locals said the fire had left a trail of devastation in the adjoining areas, including a famous lake; Farms with standing crops as well as ponds and wetlands have also been affected

Favipiravir shows improvement in moderate Covid-19 cases: Glenmark

The domestic pharma giant announced the launch of the first oral Favipiravir in the brand name "FabiFlu" claiming that it is backed by strong clinical evidence

ED to question JP Morgan officials including Chinese director over Amrapali

Officials probing money laundering crimes said this is the first time that the apex court has sought transfer of such funds in its accounts after being satisfied with the provisional attachment order.

Glenmark launches Covid-19 drug FabiFlu, priced at Rs 103 per tablet

FabiFlu is the first oral favipiravir-approved medication in India for the treatment of Covid-19, it said in a statement

Piramal Pharma Solutions to acquire G&W Laboratories' drug facility in US

The site has received certifications from the Food and Drug Administration and European Medicines Agency

Three Life Insurance Corp unions urge govt not to divest stake in insurer

According to them, LIC today is managing assets in excess of Rs 32 trillion

Centre plans to decriminalise provisions of LLP Act, invites comments

More than 1.45 lakh LLPs are registered under the LLP Act and a bulk of them are small and medium enterprises.

Not just tech start-ups, Chinese presence extends across sectors

In 2018, the big area of investment for the Chinese was in energy. Last year, it was infrastructure

Wipro to offer up to Rs 40 cr in annual salary to its CEO designate

The new CEO, who will join on July 6, will be one of the highest paid executives in Indian IT industry

HDFC's board approves raising up to Rs 14,000 cr through various means

The funds will be raised through issuance of equity shares or compulsorily-convertible debentures, non-convertible debentures along with warrants, foreign currency convertible bonds

Amazon signals entry into alcohol delivery in India with nod in WB: Report

Alibaba-backed Indian grocery venture BigBasket has also won approval to deliver alcohol in the state, the notice said

Nestle India CMD Suresh Narayanan's term extended by another 5 yrs

Narayanan had joined Nestle India as managing director on August 1, 2015, when the company was facing the Maggi crisis

Drone start-up TechEagle to part ways with Zomato, venture into health care

The firm, which it is already working on projects like 'Medicine from The Sky Project' with the Telangana Government and World Economic Forum

ITC and Nestle can't claim monopoly over noodle brands: Madras HC

The order was issued in a dispute filed by ITC alleging that Nestle India has used the expression 'Magical Masala' for its instant noodles brand Maggi in 2013.

What boycotting? OnePlus 8 Pro sold out within minutes on Amazon India

While OnePlus 8 and 8 Pro were launched in April, the devices were not brought into the Indian market given the lockdown