Page 3119 - Company News

PI Industries: A decent Q4, positive FY21 guidance lifts sentiment

Robust order book, rising international opportunities should drive earnings

AstraZeneca, Gilead merger likely to hit political, strategic hurdles

Political opposition from both the UK and the US could derail any attempt at a deal, especially given the backdrop of the Covid-19 outbreak, Citigroup said

How govt's late afterthoughts and claims have haunted oil and gas sector

Problems in production-sharing agreements with the government have haunted private oil and gas companies for years

Covid-19 impact: Multiplex biz hit; PVR posts net loss of Rs 74 cr in Q4

PVR's total expenses was at Rs 731.84 crore in fourth quarter of 2019-20 as against Rs 771.27 crore a year ago

Sterlite tech says manufacturing capacities now close to pre-Covid levels

The company, which designs and deploys high-capacity converged fibre and wireless networks, said it is taking all precautions to ensure safety of workers at its sites

Zoho partners with 450 Maharashtra state-run schools for digital learning

The Chennai-headquartered SaaS firm has designed the Zoho Classes suite where teachers can upload courses, broadcast live classes and share assignments under set deadlines

Ebix rejects Yatra complaint, considers all options including counter suit

Gurugram-based Yatra had said on Friday that it was going to end its pending merger deal with Ebix, and had filed a case in Delaware, US against Ebix for breach of agreement

Diesel and petrol vehicles to co-exist in BS-VI era offerings: Honda

The fifth generation City, which is all set for debut in the country, will have BS-VI compliant petrol and diesel trims, while the Civic already has a BS-VI petrol engine since March 2019.

IBC suspension during Covid-19 will give firms breathing space: Experts

As per the Ordinance, the corporate insolvency resolution process cannot be initiated against a company under the IBC for defaults arising on or after March 25, 2020, for a period of six months

CIL union asks workers to follow Covid-19 norms during June 10 agitation

Along with protest, the union has decided to submit a memorandum jointly to the Prime Minister through the head of the company/area and also through e-mail

Mother Dairy launches haldi milk to boost immunity amid Covid-19 outbreak

The company said it has followed the self-care guidelines and recommendations issued by the AYUSH ministry as preventive health measures

Uber launches 'Hourly Rentals', a 24x7 on-demand intra-city service

Riders can retain a car with driver for several hours and make several stops on their journey, due to which they get greater flexibility as they restart their lives after a lengthy lockdown

Air India likely to get 2 custom-made B777 planes for VVIP travel by Sept

The two B777 aircraft will be operated by pilots of the Indian Air Force and not of Air India

Wipro, IBM announce collaboration to develop hybrid cloud offering

Hybrid cloud offerings would help businesses migrate, manage and transform mission-critical workloads and applications, with security across public or private cloud and on-premises IT environments

Hero MotoCorp launches online platform eSHOP to enable seamless sale

Customers will be guided through all the relevant steps of making a decision, buying the vehicle and taking delivery, including latest on-road price, live stock status etc

BS READS: Zerodha's run to top is made of more than just 'free' brokerage

The company's tight-aggressive business model has done well so far, but with other players, both traditional and new, smelling an opportunity, there could be a very fascinating game ahead

HealthPlix raises $6 million through Series-B funding led by JSW Ventures

"Today, HealthPlix assists in more than 50,000 consultations on a daily basis across 12 medical specialties and in more than 180 cities across India, the statement said

IL&FS sells 50% stake in GIFT city to Gujarat govt for Rs 33 crore

IL&FS has duly received Rs 32.71 crore as equity value for shares as a sale consideration

US FDA grants orphan drug status to mexiletine hydrochloride: Lupin

The Mumbai-based company's drug NaMuscula (mexiletine hydrochloride) is the first and only licensed product to treat myotonia in adults with non-dystrophic myotonic (NDM) disorders

Elon Musk tells SpaceX staff to make Starship rocket 'top priority'

In an internal email accessed by CNBC, Musk urged SpaceX employees to accelerate progress on its next-generation Starship rocket