Page 3416 - Company News

Lupin's partner Concord gets USFDA nod to market generic Myfortic tablet

The product is a generic version of Novartis Pharmaceuticals Corporation's Myfortic delayed-release tablets in the same strengths, it added

NTPC may acquire NEEPCO through debt; awaits clarity on THDC stake buying

Company executives said they would evaluate several funding streams, including the bond market

Zee picks a cue from its viewership gains, raises bet on regional channels

Almost 15 channels of the 59 within its overall network are regional-language channels, with plans to fill key gaps in the future

Yamaha aims to treble India market share in next 5 yrs; launches 3 products

Enters 125cc scooter segment; believes current economic slowdown is temporary

Will look at any opportunity: Delta Air official on Air India stake sale

To revive the debt-laden Air India, the government is working on the modalities for 100 per cent stake sale in the national carrier

Brookfield plans $1 billion real estate investment trust listing in India

Brookfield owns 22 million square feet of office properties in India

Oyo says SoftBank's Yahoo Japan has exited Japan room rental venture

Oyo, which is also backed by SoftBank Group Corp, said it has bought back the shares in Japanese apartment rental company.

We're killing telecom industry, need Trai intervention: Sunil Mittal

Industrialists talk ease of doing business; trade bodies stress on minimum wages, I-T ceiling

Tata Motors to tie up with group entities to foray into electric vehicles

Tata AutoComp Systems has signed a joint venture with Chinese company Guoxuan High-Tech to manufacture battery packs for electric cars

Steel, iron ore companies likely to add 13 mt of capacity by FY22

While 13 mt is likely to be the addition in the next two years, by FY25, the ministry is expecting 28-30 mt from the current planned capacity expansions of existing players

Delta, United challenge Air India, Gulf carriers on US-India routes

Delta to begin New York-Mumbai route on December 24

Salesforce to train 250,000 students for future tech jobs in India by 2022

According to a recent study by research firm IDC, the Salesforce economy will create 548,400 direct jobs and $67 billion in new business revenues in India, between 2019 and 2024

Arunachal grants exploration licences in seven new blocks to Oil India

The state government has also given its permission to the company for exploration in the extended area of the Jairampur block in Changlang district

Tea companies moot for palm oil production in tea estates, approach ITA

"We have asked the Tea Board to see if we can grow palm in our estates and manufacture palm oil. We need a big area for this", Vivek Goenka, chairman of the ITA, said

IL&FS Group gets court's approval for sale of its education business

Justice D K Jain approved sale of education business on the conditions that IL&FS shall place the proposal before the NCLT for its approval

Vedanta banks on Jamkhani block in Odisha to enhance its coal security

Vedanta was recently declared the successful bidder for Odisha's Jamkhani coal block located in Sundargarh district

Market will revive by the second half of next year: S S Kim, MD, Hyundai

Company's new sedan Aura to make global debut in India

High consumption at rock-bottom tariffs killing telcos: Sunil Mittal

'We are unnecessarily killing this industry in a manner and way that is not conducive for our industry, and that's why we need Trai intervention,' Mittal added

GKN Aerospace takes 100,000 sq ft on lease from Embassy Industrial Park

GKN Aerospace is the world's leading aerospace supplier with 50 manufacturing locations in 15 countries

NCLT directs Jet Airways lenders to expedite decision on fresh EOIs

The RP on December 17 had told the tribunal that until now two investors have shown interest in the airline