Page 3109 - Company News

Jet's office in Mumbai's BKC put up for sale, reserve price Rs 490 cr

Property has about 169,983 sq ft saleable area; auction on June 26, EMD set at Rs 25 cr

Dr Reddy's joins other Indian firms to make Remdesivir under Gilead licence

DRL to receive technology transfer from Gilead and would need to scale up manufacturing and obtain regulatory approvals from 127 countries for marketing the drug

With little access to doctors, drug firms go digital to stay relevant

The rise of e-pharmacies and tele-consultations during Covid-19 has made it easier for healthcare companies to access patient pools

Amid cash crunch, new-age lenders reach out to help early-stage start-ups

Lenders are looking at 'innovative' lending terms such as cash conversion cycle and revenue-linked repayment models to reduce their risks

Second deal in a day for Jio Platforms: L Catterton to invest Rs 1894.5 cr

Jio Platforms has now announced a combined investment of Rs 104,326.95 crore in 10 deals since April 22

Assam blowout: India ropes in American expertise to put out the fire

In Saturday's meeting, the US side shared their experience in dealing with similar gas blowout incidents in the US

TPG to invest Rs 4,547 cr; Jio Platforms fund raising crosses Rs 1 trillion

This is the eighth deal announced by RIL in the last two months

Tata Motors to acquire Jayem Automotives stake in JT Special Vehicles

JTSV will become a wholly owned subsidiary of Tata Motors, following the completion of the procedural requirements

Walmart hand-holds small Indian firms reinventing themselves amid pandemic

As the Coronavirus outbreak hits small enterprises, many of them are pivoting businesses to tap new opportunities in the post-Covid-19 world

Dr Reddy's inks pact with Gilead to manufacture, market Remdesivir in India

Dr Reddy's would need to scale up manufacturing and obtain regulatory approval for marketing of this drug in respective countries, the company said

Fortis Healthcare reports fall in hospital occupancy due to Covid-19 crisis

The company's diagnostics business also witnessed 75 per cent drop in volumes in April. Patients choose to postpone elective procedures while there was a significant drop in footfalls in OPD

Kedaara Capital invests Rs 567 cr in Religare's health insurance arm

The equity infusion is in sync with the long term vision of the Company to be future-focused, explore its full potential and accelerate growth

Google to help summer interns with open-source technology at home

Technology giant Google said it had more than 1,000 technical interns actively contributing to open-source projects

GMR signs concession agreement for greenfield international airport in AP

The group would develop, maintain and operate the airport for 40 years, extendable by another 20 years via international competitive bidding

IT companies jittery over Donald Trump's plan to suspend H-1B visa

The Indian information technology industry, which has long been a beneficiary of the H-1B visa regime, is likely to be directly impacted if such a suspension is announced for a longer term.

Gilead finds fourth partner for manufacture of Remdesivir in Zydus Cadila

Indian drug maker to get know-how from Gilead Sciences Inc, to manufacture the API for Remdesivir, make the finished product and market it in 127 countries, including India

RIL partly-paid shares under rights issue to debut on bourses on Monday

These shares are worth a fourth of the fully-paid up shares of RIL that are traded on the bourses

AGR case: Bharti Airtel, Vodafone Idea may submit separate payment plans

Counsels of both the mobile operators had sought a fortnight for submission of the affidavit

Tata Power sells shipping assets for $212.76 mn as it seeks to pare debt

In April, Tata Power received $110 Million from sale of its stake in South African joint venture Cennergi, which is to be utilised to repay loans in the June Quarter

M&M plans to exit loss-making international subsidiaries in a year

The move is prompted by the steep impairment loss reported by the consolidated entity as SsangYong Motor (SYMC), its Korean subsidiary, and Genzee, its two-wheeler entity in the US, turned in losses.