Page 3136 - Company News

FMCG capacity utilisation surges to 70-75% as lockdown curbs ease

The only exception here is Hindustan Unilever (HUL), the country's largest FMCG company, which is opearting at 80 per cent capacity utilisation.

JP Morgan's Kalpana Morparia set to retire; Leo Puri to take over the reins

Takes charge in the first quarter of Calendar 2021; Murali Maiya to be new CEO

Amrapali case: ED attaches JP Morgan India accounts worth Rs 187 crore

The Supreme Court on Friday had allowed the agency to attach the investment banking firm's assets to recover the amount identified as proceeds of crime under PMLA

Govt extends Bharat Petroleum privatisation bid deadline to July 31

Any private company having a net worth of $ 10 billion is eligible for bidding and consortium of not more than four firms will be allowed to bid

JSPL's all-round show in Q4 leaves investors happy, analysts maintain 'buy'

Operational performance, volume growth guidance bode well

Torrent, Lanco among private gencos not paid by Madhya Pradesh Power Co

This move by MP govt comes after the union power ministry had clarified electricity generation is an essential service and no state can invoke force majeure to defer payments

VMware's Velchamy Sankarlingam to join Zoom as head of engineering unit

Sankarlingam will oversee the company's engineering, product, and dev ops teams .

Is India's richest man Mukesh Ambani betting on US-China tech war?

US-traded Chinese technology firms such as JD.com and NetEase are looking for an alternative home closer to the mainland in case tensions between Washington and Beijing escalate

Franklin Templeton mutual fund investors can pick Deloitte over trustees

Unit holders will vote to moneitse the scheme assets.

Mercedes Benz bets on high-performance cars for the tech-inclined driver

Prices start at Rs 75 lakh for C43 Coupe to Rs 3 crore for a fully loaded AMG S63.

Tamil Nadu signs MoUs worth over Rs 15,000 crore to generate 47,000 jobs

The proposed investment will be towards company's proposed brownfield expansion at company's Oragadam facility near Chennai

NTPC joins fray to buy RInfra's Delhi electricity distribution business

In a letter to the Delhi Electricity Regulatory Commission (DERC), NTPC said it was keen to buy 51 per cent stake in BSES Rajdhani Power and BSES Yamuna Power

Yes Bank : ED sends DHFL promoters to 14-day judicial custody till June 11

The court sent them to jail after no further remand was sought by the central investigating agency

How Covid-19 will change playbook for brands with shift in consumer habits

With a fundamentally transformed consumer, brands need to go hyper-local and reimagine the purchase funnel among other changes: Facebook-BCG

Govt to use five hubs to bring back Indians on Vande Bharat flights

Over 275 Indians stranded in Mexico, Peru, Portugal and Netherlands returned via Amsterdam in first such flight on Wednesday

Ola Electric to launch global electric two-wheeler; buys dutch scooter firm

Deal will bolster Ola Electric's engineering and design capabilities with Etergo's extensive vehicle development experience with leading auto firms Tesla, General Motors, Ferrari, Jaguar and BMW

Future Retail to raise up to Rs 650 crore via NCDs to refinance debt

The funds will be used mainly for replacing the company's existing high cost current or near term maturity debts requirements

Google faces antitrust case in India over promoting payments app: Report

The complaint was filed in February and the Competition Commission of India (CCI) has kept the identity of the complainant confidential, the first source with direct knowledge of the case said

Biocon gets DCGI nod for CytoSorb device to treat Covid-19 patients

CytoSorb therapy reduces cytokine storm and the inflammatory response in Covid-19 patients through blood purification so that injury to organs may be mitigated or prevented

JSPL's all-round show in Q4 leaves investors happy, analysts maintain 'buy'

Operational performance is expected to remain good, and volume growth guidance too bodes well