Page 3648 - Company News

Infosys bets on 'lead tech group' comprising 60 engineers for innovations

This is a departure from the earlier strategy, when innovations were used to strengthen its products and platforms

Jaypee Infra promoters propose to repay all lenders, complete projects

Appellate tribunal reserves order on extending CIRP time of JIL, likely to pronounce order on July 29.

Microsoft to invest $1 bn in partnership with Musk's group, jointly run AI

A partnership with Microsoft, which has more than $100 billion in cash, is a quick solution to OpenAI's funding needs

Laurus Labs launches generic Lyrica in US to treat neuropathic conditions

Market size in the US for the API was about $5,497 million in FY19; firm says generic launch is one of its largest this year

NTPC to seek shareholder nod to raise Rs 15K crore, hike borrowing limit

The funds raised will be used for capex, working capital and general corporate purposes, an NTPC notice for annual general meeting (AGM) said

IL&FS Transportation Networks defaults on Rs 26 crore NCD interest payment

The interest due and payable on July 21, 2019 was not paid to the debenture holders due to insufficient funds, the company said

Growth in US business likely to boost Q1 revenues of pharma companies

According to Edelweiss Securities, pharma sales to grow by 17 per cent YoY as US sales are expected to grow by 21 per cent YoY

IndiGo to expand board to 10 directors, promoters yet to make peace

IndiGo's promoters, Rahul Bhatia and Rakesh Gangwal, have publicly fallen out after Gangwal wrote to Sebi alleging lack of corporate governance in the company

Alembic Pharma gets USFDA nod for neuropathic pain management drug

The approved product is therapeutically equivalent to the reference listed drug Lyrica Capsules

InvaGen Pharma gets USFDA approval for neuropathic pain management drug

Cipla said the approved product is a generic therapeutic equivalent version of Pfizer's Lyrica

With eye on small cities, Flipkart to introduce guided navigation in app

Upgrades are part of a larger effort on the product design side to attract new shoppers

Will Hyundai's new urban SUV The Venue take Indian markets by storm?

Hyundai Venue review: A compact SUV built with an eye for detail

SC orders status quo on NCLAT verdict in Essar Steel insolvency case

The apex court said that the monitoring committee will continue its work in Essar insolvency till case is heard on August 7

CavinKare back to sachet strategy for perfume mkt: Here's the game plan

CK revolutionised the shampoo market by launching a 10 ml sachet shampoos targeting the 'bottom-of-the-pyramid' consumers some decades ago

Govt dilutes terms of sale, tax liability to attract bidders for Pawan Hans

The revised terms of sale have reduced the time period for stripping of assets of Pawan Hans by the buyer to two years, from three years specified earlier

Air India stops promotions, appointments as govt prepares to sell stake

The government is looking to complete the Air India stake sale in the next four to five months

USFDA finds different dietary, medicinal claims on Patanjali products

US food safety laws are more stricter than Indian laws

Why Ritesh Agarwal's $2-bn deal to hike his stake in Oyo to 30% is a riddle

SoftBank, OYO's largest investor, already owns 46% in the Gurugram-based company

Airtel to ask shareholders to waive off excess pay to Sunil Mittal, CEO

Bharti Airtel will seek the approval at its annual general meeting to be held on August 14 in New Delhi

Reliance says its main gas fields in KG-D6 block in late life stage

The company, beginning mid-2020, will bring to production three sets of new discoveries in the block that will reverse the years of decline in production