Page 3233 - Company News

Mukesh Ambani no more Asia's richest man as recent oil slide erodes wealth

According to the Bloomberg Billionaires Index, Chinese billionaire Jack Ma, the founder of e-commerce major Alibaba Group has toppled Ambani to get the top spot in Asia

Biocon partner's Cancer drug licence application gets USFDA approval

The application sought approval of Mylan's drug for treatment of patients with metastatic colorectal cancer with fluorouracil-based chemotherapy

USFDA accepts Biocon-Mylan's Avastin biosimilar application for review

The application seeks approval of biosimilar bevacizumab for treatment of patients with metastatic colorectal cancer in addition to other ailments

AGR: NITI Aayog does a flip-flop on minimum floor price for telcos

Amitabh Kant claimed that fixing a floor price is in "national interest" and would ensure that the sector is provided with much needed relief measures

SBI's fund infusion into YES Bank not a complete solution, say analysts

Unless quick remedy is stitched up, there's looming threat of YES Bank being forced into SBI's books

No resolution plan yet for Jet Airways; lenders to take a call on March 12

Under the insolvency and bankruptcy code (IBC), the amended maximum time limit for completion of CIRP has been set at 330 days, which includes the litigation period.

Machine age: Does your company have a digital manufacturing strategy?

In industrial practices, Internet of Things (IoT), big data and predictive analytics continue to capture the attention of companies

Women still don't have level-playing field at work, says pan-IIM survey

A staggering 49 per cent of the respondents said they did not have equal opportunities for career growth as the men in their organisations.

RIL tumbles nearly 13% to Rs 1,113.15 on weak petroleum demand outlook

Weaker crude indicates oversupply and could be supportive of margins; howeverm if the weakness is demand-related, it could have the opposite effect on margins

BPCL stake sale may get delayed over falling oil prices, market crash

As confidence on equities declines, large oil producers may hesitate to loosen their purse strings, thereby impacting valuations too

No material impact of YES Bank crisis on Shriram Transport Finance: S&P

Earlier in the day, STFC said it has a small exposure of Rs 50 crore to Yes Bank's hybrid securities in the form of upper Tier II bonds.

Indiabulls Housing Finance shares plunge on bond exposure to YES Bank

On the BSE, the stock plunged 16.06 per cent to close at Rs 213.55.

Priyanka in a spot over sale of Rajiv Gandhi's portrait to Rana Kapoor

During his custodial interrogation, Kapoor said that he was "threatened and forced by Congress leader Milind Deora to buy the art piece". The agency says that it has evidence to support this claim.

Domestic flight occupancy drops 15% as Coronavirus sparks fear of flying

With domestic travel, generating bulk of the revenue for carriers slowing down, the slump in crude oil price will provide limited relief for airlines

AB Fashion changes style as Zara, H&M strengthen grip in Indian market

With speedier turnaround of its collections and a strong digital discovery and delivery system in place, the retail brand is fighting to stay ahead of the race

JSW Steel plans Monnet-like structure for proposed BPSL acquisition

The net debt of JSW at the end of December quarter was at Rs 49,552 crore

Shot in the arm: Pharma sales clock double-digit growth in February

Amid Coronavirus fears, sales of antibiotics, paracetamol, and respiratory drugs see a spike

Housing finance has key role in making India $5 trn economy: Keki Mistry

For the housing sector, the authorities are aware of the strong linkages it has with the economy.

Oil price crash could help India's economy but will hurt country's OMCs

If the prices of oil threaten to remain at such low levels, both government-run ONGC and Oil India as well as private sector RIL-BP or Vedanta could find it extremely unprofitable to dig more fields

Adanis' Rs 650-crore offer for debt-ridden Dighi Port gets NCLT nod

Dighi Port, promoted by industrialist Vijay Kalantri owes Rs 3,098 crore to the lenders. He had made an offer of Rs 720 crore, but was rejected by the lenders.