Page 3181 - Company News

Gilead disputes report of anti-viral drug remdesivir failing Covid-19 trial

It comes days after another report of rapid recovery in fever and respiratory symptoms in some patients with Covid-19 who were treated with remdesivir at the University of Chicago Medicine hospital

Gilead's antiviral drug remedesivir being made in India on trial basis

Local drug makers start developing patented drug as govt too wishes to try it on Indians

Quarantine hotels: It's business unusual amid coronavirus outbreak

Leading hotels are taking all precautions but the unusual service the staff has been pressed into puts them at the forefront of Covid fight

Varun Beverages: Wait for clarity on lockdown, demand before investing

As sales in the peak June quarter are impacted, analysts have cut sales growth to sub-4 per cent from over 20%

Covid-19 impact: Demand, pricing pressures to weigh on Coal India

Costs unlikely to fall; does not bode well for earnings

India Inc gets IBC breather for six months amid coronavirus outbreak

Section 7 of the Code enables financial creditors to start insolvency proceedings against a company, while section 9 gives these powers to an operational creditor

Unilever withdraws growth, margin guidance over coronavirus concerns

For Unilever, this is the second time in five months that it is flagging growth concerns

Covid-19 impact: Life Insurer's new business premium declines 32% in March

For the month of March, the new business premiums of life insurance companies stood at Rs 25,409 crore compared to Rs 37,459 core in March 2019.

As brands look to shed millennial track, ad strategy to go for an overhaul

Advertisers need a new script when the economy kicks back into a new normal; family, health and affordability will dominate the narrative say marketers

HUL, RB and Amul among top advertisers on TV amid coronavirus lockdown

Data for April 11-17 shows that HUL, RB & Amul increased their advertising on news, general entertainment and movie channels.

Amazon announces programme to help offline stores leverage power of online

Code-named 'Local Shops on Amazon', the programme expected to help the ecommerce major take on rival Flipkart and Reliance's JioMart

Reasonable capacity utilisation may take a quarter: ITC's Sanjiv Puri

FCMG companies have been grappling with multiple challenges - manufacturing, supply chain and manpower availability being primary among them

Covid 19 fallout: Faced with existential crisis, hotels re-imagine business

Executive lounges with happy hours and complimentary hors d'oeuvre, free pickups, and complimentary laundry that have been the norm-- not anymore, when hotels open doors to guests post the lock-down

IndiGo reverses plan to cut salaries of employees, drops March decision

IndiGo is the best positioned airline to withstand the crisis created by lockdown to contain the coronavirus.

Voda Idea's viability remains clouded despite near-term liquidity support

'Longer term viability of VIL continues to remain under cloud,' noted Credit Suisse in a report

ArcelorMittal India FY20 steel output at record level of 7.23 mn tonnes

Production up 5% from last year despite challenging economic conditions, including Covid-19 fallout

Voda, Airtel may go the Jio way, scout for tech giants looking for tie-ups

Telcos could explore equity tie-ups with tech majors

Facebook, RIL to offer smart videoconferencing, mixed reality solutions

On Wednesday, Facebook announced a deal in which it took 9.9 per cent stake in Jio Platforms, a fully-owned subsidiary of Reliance Industries, for Rs 43,574 crore.

Tata Group-owned Jaguar-Land Rover to revive largest plant by mid-May

JLR's factories around the world will opened in a sequential manner that will be determined by the conditions and government laws around the coronavirus epidemic

Ashok Leyland acquires 3.36% share in Hinduja Leyland Finance

The acquisition is part of the 6.99 per cent acquisition approved by the Board at the meeting held on March 21, 2020.