Page 3142 - Company News

Corporate revenues drop over 25% during Covid-19 lockdown: Survey

Survey also shows that business will return to normal only by 2021, while 22 per cent business leaders expect it to take more than a year, from when the lockdown ends

MyTVS launches sanitisation services for cars as Lockdown 4.0 nears end

Services is being offered at its outlets, but can also be extended to customers' doorstep

JLR India enhances online sales, introduces services amid Covid-19 pandemic

With enhanced and updated purchase and service portals, the company is now able to offer the additional benefit of a contactless and safe environment to its customers

Strides Pharma to conduct trials for potential Covid-19 drug Favipiravir

Favipiravir is manufactured under the brand name Avigan by a unit of Japan's Fujifilm Holdings Corp and was approved for use as an anti-flu drug in the country in 2014

Lufthansa in advanced talks for state rescue deal worth about $10 billion

The deal includes state taking a 20% stake in the company

What steps did the govt take to prevent MSMEs from defaulting on loans?

Two important steps have been taken in this regard by the govt

Kids shows draw record viewers but fail to cheer advertisers

Of the top 10 kids networks almost all - Viacom 18, WarnerMedia, Disney, Sony Yay, Discovery Kids, and Sun Network - have seen a rise of 20-100 per cent in viewership.

MSMEs to get loans at 9.25% under Centre's Rs 3-trillion package

100 per cent guarantee coverage will be provided by National Credit Guarantee Trustee Company (NCGTC) for additional funding of up to Rs 3 trillion to eligible MSMEs and interested MUDRA borrowers

Voda Idea clubs 22 telecom circles into 10 clusters; move may hit jobs

"...... In the past also, we have seen that over time, it is possible to accommodate most of the people against natural voluntary attrition that keeps happening," Voda said downplaying likely job cuts

Hit by Covid-19, JSW Steel seeks time to pay for Bhushan Power purchase

As steel prices crash, firm facing winner's curse with Rs 19,700-cr acquisition

Dr Reddy's Q4 PBT up 22% at Rs 714 cr on buoyant US, European business

The company has registered 10% growth in revenues at Rs 4,431.8 cr for the quarter under review from Rs 4,016.6 cr in the year-ago period

Strides posts pre-tax loss of Rs 217 cr in Q4 as ranitidine ban in US bites

Ranitidine was a $9 million business for Strides in the first half of FY20

Covid-19 crisis: ACME cancels pact to supply power at record low tariff

Files petition with CERC to prevent SECI and Power Grid Corp from encashing bank guarantee and letter of comfort submitted for project

Jubilant FoodWorks: 'Delivery is king', but overall sales crucial for stock

Firm expects softness in dairy prices to offer comfort

Improving profitability, low valuations offer comfort in UltraTech

Strong cost controls, lower diesel, petcoke and coal prices helped

Ola follows Uber, lays off 1,400 staff as Covid-19 hits ride-hailing biz

Ola's revenue has come down 95% in the past 2 months because the disruption caused by the coronavirus.

RIL's 'rights entitlement' sees massive demand in secondary market

Investors paid as much as Rs 212 to trade their 'rights entitlement' for an attractive price

Johnson & Johnson to stop selling talc-based baby powder in US, Canada

J&J faces about 19,400 cases alleging its talcum powder caused users to develop ovarian cancer, through use for feminine hygiene, or mesothelioma, a cancer that strikes the lungs and other organs

Avenue Supermarts now 11th most valued Indian firm by market capitalisation

At close of trade, the company's market capitalisation stood at Rs 1,58,902.37 crore on the BSE.

TikTok owner's valuation exceeds $100 billion in private markets: Report

Stock in world's most valuable start-up has changed hands recently at a price that suggests its value has risen more than 33 per cent from about $75 billion during a major round of funding 2 years ago