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Page 3198 - Company News

Fortune in crisis: A ventilator tycoon has added $3.7 bn to his wealth

Shenzhen Mindray Bio-Medical Electronics shares have climbed 41 per cent, fueled by a surge in demand for the life-saving devices

Fortune in crisis: A ventilator tycoon has added $3.7 bn to his wealth
Updated On : 04 Apr 2020 | 2:38 AM IST

Coronavirus supply chain shock for auto component sector, says ICRA

The COVID-19 supply chain disruptions will manifest into a demand shock lasting multiple quarters for the domestic industry, ICRA said in a statement.

Coronavirus supply chain shock for auto component sector, says ICRA
Updated On : 04 Apr 2020 | 1:25 AM IST

M&M board rejects plan to pump in fresh equity in SsangYong Motor

SYMC's fate hangs in balance as it will need to raise funds from other investors

M&M board rejects plan to pump in fresh equity in SsangYong Motor
Updated On : 04 Apr 2020 | 1:12 AM IST

Lockdown helps faster delivery of foodgrain by Food Corporation of India

In 11 days, corporation moved three times more grain than the same period last year

Lockdown helps faster delivery of foodgrain by Food Corporation of India
Updated On : 04 Apr 2020 | 1:10 AM IST

Relief measures announced by govt, RBI not enough, says India Inc

Most CEOs favour a partial lifting of the lockdown after April 14

Relief measures announced by govt, RBI not enough, says India Inc
Updated On : 04 Apr 2020 | 12:39 AM IST

Bajaj Auto sales drop 38% in Mar as biz takes hit; domestic sales tank 55%

The company further said its total two-wheeler sales were down 35 per cent at 2,10,976 units as compared to 3,23,538 units in the year-ago month

Bajaj Auto sales drop 38% in Mar as biz takes hit; domestic sales tank 55%
Updated On : 04 Apr 2020 | 12:22 AM IST

Malaysia plant boosts Biocon prospects in US and other key markets

Firm seen benefiting from operating leverage, biologic sales by FY22

Malaysia plant boosts Biocon prospects in US and other key markets
Updated On : 03 Apr 2020 | 11:36 PM IST

Finance Ministry to issue fresh notice to NDTV following SC verdict

The decision follows the Supreme Court ruling that allowed the revenue department to do so

Finance Ministry to issue fresh notice to NDTV following SC verdict
Updated On : 03 Apr 2020 | 11:30 PM IST

Volatility in oil prices, uncertain petroleum demand impacting Indian OMCs

An output cut, at best, will put a floor to the falling crude prices, but it may not stabilise demand-supply dynamics.

Volatility in oil prices, uncertain petroleum demand impacting Indian OMCs
Updated On : 03 Apr 2020 | 11:07 PM IST

Amazon Pantry back online, resumes services in Bengaluru, Hyderabad, Pune

Company building Alexa experience to check symptoms for Covid-19 at home

Amazon Pantry back online, resumes services in Bengaluru, Hyderabad, Pune
Updated On : 03 Apr 2020 | 9:47 PM IST

BigBasket, Grofers to hire warehouse, delivery staff to clear backlog

The hiring by BigBasket will be done across 26 cities where the company delivers

BigBasket, Grofers to hire warehouse, delivery staff to clear backlog
Updated On : 03 Apr 2020 | 9:46 PM IST

Microsoft powers IoT company Gaia in the fight against coronavirus

The Mumbai-based firm's technology has been successfully tested in Agra and Gaia plans to scale up the platform in other parts of the country as well.

Microsoft powers IoT company Gaia in the fight against coronavirus
Updated On : 03 Apr 2020 | 9:37 PM IST

Small, used cars may see surge in sale after 21-day coronavirus lockdown

Thanks to social distancing norms and rising hygiene awareness, daily commuters may ditch public transport and shared mobility solutions like Ola and Uber

Small, used cars may see surge in sale after 21-day coronavirus lockdown
Updated On : 03 Apr 2020 | 9:34 PM IST

Orchid Pharma approves amalgamation of Dhanuka Pharma with itself

Issues 10,000 equity shares of OPL for Rs 10 each at par to the shareholders of DPPL

Orchid Pharma approves amalgamation of Dhanuka Pharma with itself
Updated On : 03 Apr 2020 | 8:57 PM IST

As riders go home amid lockdown, queue for e-grocery orders get longer

Online grocery, which is barely about four per cent of India's $600-700 billion grocery market, has seen an overnight surge.

As riders go home amid lockdown, queue for e-grocery orders get longer
Updated On : 03 Apr 2020 | 8:28 PM IST

Crisil revises rating outlook on Vedanta Ltd to negative from stable

Delay in debt refinancing of Vedanta Resources, higher-than-expected dividends by Vedanta Limited seen as key rating sensitivity factors

Crisil revises rating outlook on Vedanta Ltd to negative from stable
Updated On : 03 Apr 2020 | 8:14 PM IST

Crisil revises rating outlook on Vedanta Ltd to negative from stable

Delay in debt refinancing of Vedanta Resources, higher-than-expected dividends by Vedanta Limited seen as key rating sensitivity factors

Crisil revises rating outlook on Vedanta Ltd to negative from stable
Updated On : 03 Apr 2020 | 7:48 PM IST

War on Covid-19: Nivea India begins making hand sanitisers at Sanand plant

The product will be distributed free-of-cost to public hospitals, distribution chains

War on Covid-19: Nivea India begins making hand sanitisers at Sanand plant
Updated On : 03 Apr 2020 | 6:24 PM IST

CCI approves stake-buy in Religare Health Insurance by Trishikhar Ventures

The green channel concept -- recommended by the high-level panel that reviewed competition law -- allows automatic system for speedy approval for certain categories of merger and acquisitions

CCI approves stake-buy in Religare Health Insurance by Trishikhar Ventures
Updated On : 03 Apr 2020 | 1:40 PM IST

Telecom subscriber growth slows down in Mar; Apr numbers likely to be muted

Experts said the lockdowns and curbs pulled down the fresh SIM connections for the month

Telecom subscriber growth slows down in Mar; Apr numbers likely to be muted
Updated On : 03 Apr 2020 | 1:39 PM IST