Page 3620 - Company News
Flipkart's refurbished electronics platform 2GUD to launch other categories
2GUD has served a million customers from over 3000 towns, with around 60-65% of the orders coming from tier-2 and tier-3 markets
 "Flipkart's refurbished electronics platform 2GUD to launch other categories")
Uniphore raises $51 mn in Series C funding Led by March Capital Partners
The latest round of funding is Uniphore's largest to-date and one of the biggest in conversational AI in recent months
 "Uniphore raises $51 mn in Series C funding Led by March Capital Partners")
Point-by-point analysis of Sebi's new corporate governance framework
Out of the 81 recommendations by Kotak panel, market regulator has accepted 40 proposals without any modifications; 15 with modifications; 18 were rejected and 8 have been referred to other agencies
 "Point-by-point analysis of Sebi's new corporate governance framework")
Amazon in talks to buy 8-10% stake in Future Retail; deal to close in weeks
The deal, if it goes through, will help Amazon further strengthen its foothold in the Indian market where it already operates an online marketplace
 "Amazon in talks to buy 8-10% stake in Future Retail; deal to close in weeks")
CCL Products launches Continental Coffee brand in domestic market
With the launch of multiple products in both instant and filter coffee categories in different sizes and across different price points, the company hopes to double the revenues
 "CCL Products launches Continental Coffee brand in domestic market")
Sebi further extends deadline for new FPI limits monitoring system
Under the new rules, the system for monitoring the foreign investment limits in listed Indian companies will be implemented and housed at the depositories - NSDL and CDSL
 "Sebi further extends deadline for new FPI limits monitoring system")
Sun Pharma net profit up 31% at Rs 1,387 cr in June quarter of FY20
The company had posted a profit of Rs 1,057.29 crore for the corresponding period of the previous fiscal, Sun Pharma said in a filing to BSE
 "Sun Pharma net profit up 31% at Rs 1,387 cr in June quarter of FY20")
Bhatia vs Gangwal: IndiGo promoters line up for meeting Sebi's Ajay Tyagi
Sebi has been probing the matter since the differences between the two promoters surfaced recently over certain related-party transactions
 "Bhatia vs Gangwal: IndiGo promoters line up for meeting Sebi's Ajay Tyagi")
Unichem Laboratories gets USFDA nod to market pain management drug
Unichem said the product will be commercialised from its Ghaziabad, Uttar Pradesh, plant
 "Unichem Laboratories gets USFDA nod to market pain management drug")
Alembic Pharma gets US health regulator nod for ophthalmic solution
The company said it now has a total of 86 ANDA approvals from the USFDA
 "Alembic Pharma gets US health regulator nod for ophthalmic solution")
Bharti Enterprises names Rajesh Sud as MD of financial services business
Prior to joining Bharti, Sud was the Executive Vice Chairman and Managing Director at Max Life Insurance
 "Bharti Enterprises names Rajesh Sud as MD of financial services business")
As Foscor Zirconia losses mount, CUMI may sell stake in S Africa subsidiary
The plant produces between 2,800 to 3,000 tonnes of three grades of Zirconia, all of which is sold in Europe, India and the US
 "As Foscor Zirconia losses mount, CUMI may sell stake in S Africa subsidiary")
Passenger vehicle sales fall for 9th consecutive month, drop 31% in July
Domestic car sales were down 35.95 per cent at 1,22,956 units as against 1,91,979 units in July 2018, according to data released by SIAM
 "Passenger vehicle sales fall for 9th consecutive month, drop 31% in July")
Auto sector workers seek govt intervention to prevent job losses
Employees cited that till now job losses have mainly occurred on the part manufacturers' side, however, if the current market conditions prevail then downsizing might become a reality even in the OEMs
 "Auto sector workers seek govt intervention to prevent job losses")
Godrej Fund does final close for $450-mn office development platform
The fund has already secured two developments, one each in Mumbai and Gurgaon, totalling 2 million square feet
 "Godrej Fund does final close for $450-mn office development platform")
Reliance Power net down 80% at Rs 36.21 cr in June qtr on lower revenues
The company had reported a consolidated net profit of Rs 187.48 crore in June quarter last year
 "Reliance Power net down 80% at Rs 36.21 cr in June qtr on lower revenues")
Why Mukesh Ambani may not be able to repeat a Jio in broadband services
Some competitors in the DTH and cable business say it would not be easy because of two reasons
 "Why Mukesh Ambani may not be able to repeat a Jio in broadband services")
Reliance Jio GigaFiber: Expected launch date, data plans, services and more
Announced last year at the Reliance Industries annual general meeting, the Jio GigaFiber was initially touted to launch in 1,100 cities simultaneously
 "Reliance Jio GigaFiber: Expected launch date, data plans, services and more")
Reliance Jio Fibre launch on Sept 5, plans start at Rs 700 per month
The plans will come bundled with subscriptions to most leading premium Over The Top applications
 "Reliance Jio Fibre launch on Sept 5, plans start at Rs 700 per month")
RIL's JioFiber home broadband services to hurt cable and DTH operators
Perhaps the most eyeball grabbing offering announced on Monday was Jio First-Day-First-Show - JioFiber customers will be able to watch movies the same day as their theatrical release
 "RIL's JioFiber home broadband services to hurt cable and DTH operators")