Page 3263 - Company News

Alkem Labs receives two USFDA observations for Baddi facility in Himachal

It notified the company's management of objectionable conditions at the facility

US FDA revokes EIR issued to Aurobindo Pharma's Unit IV facility

On February 18, the US FDA issued the EIR with voluntary action indicated for Aurobindo Pharma's Unit IV injectable formulations unit

Service providers feel the pain as India Inc faces working capital squeeze

A managing partner with a mid-sized law firm said it was not just domestic corporations but even large multinationals were delaying by as much as two months on outgoings

Firms in pharma supply chain develop system to track counterfeit drugs

Medicines identified as counterfeit may be contaminated, contain the wrong ingredient, or have no active ingredient at all

Big e-commerce meets small business: A balancing act for Amazon, Flipkart

As trader groups cry foul against them, Amazon and Flipkart learn to do business with small business

Reliance rejig of media business makes Sony merger less likely, say experts

Network18's portfolio includes Nickelodeon, MTV, and CNBC TV18, among others

Sebi probe finds violation of listing and disclosure norms by Sun Pharma

Allegations of fund diversion not confirmed

Mobile's big moment: Popular gaming apps among top advertisers in India

Size of this category will grow as traditional spenders remain cautious amid slowdown

Cement companies rush to eastern India to seize upon demand uptick

In the recent past, demand remained muted in north, central and western India at 3-5 per cent and volume growth declined by around five per cent in south India

Now, Flipkart challenges India anti-trust probe after Amazon gets stay

The CCI ordered an investigation against e-commerce players last month after the Delhi Vyapar Mahasangh, a traders' body, filed a complaint against the firms' practices like giving deep discounts

Ahead of IPO, SBI Cards sees fintechs, UPI as formidable competition

SBI Cards expects competition to intensify in future

Muthoot Finance raises $550 mn at 4.4% from international bond markets

Second bond issue from the firm after it placed $450 mn for 3-year tenor at 6.13% in Oct 2019

Mahindra Renewables to sell entire stake in 3 arms for Rs 340 crore to CLP

As per the share purchase agreement, CLP will acquire 96,23,000 equity shares of Rs 10 each in CREPL at a price of Rs 113.11 per share

Muthoot Finance: Decoding the glitter and growth of the gold financier

At Rs 36,620 crore m-cap, the stock displaced AU Small Finance Bank, PNB and Shriram Transport among notable names

Wipro arm acquires Rational Interaction to enhance its digital offerings

Founded in 2009, Rational Interaction is headquartered in Washington state with 300 employees and offices in Seattle, Bellvue, Dublin and Sydney

Industry bodies, chambers have national role to play: Goyal to businessmen

"Where was the trade and industry and business community when the nation needed them?" the minister

Tata group market cap soars 40% in three years under Chandrasekaran

In the three years under Chandra, the group's overall m-cap has soared 39.6% to Rs 12 trillion

Paytm Bank partners with Ola, Uber, for FASTags to 100,000 drivers

PPB has set up 12 camps at Uber Green zones across different cities for drivers to purchase and use FASTags

CCI okays GMR's 49% stake sale in airport business to France's Groupe ADP

The regulator's clearance is through the green channel, which allows for an automatic system for speedy approval of combinations, subject to certain conditions

Zomato bolsters its ship with UberEats as Indian food-tech scouts a shore

In a tough environment, Zomato's expensive purchase shows how its strategy is different from Swiggy's as both compete to attract Softbank amid global investors' proxy food wars in India