Page 3699 - Company News

AbbVie strikes $63-billion deal for merger with botox-maker Allergan

The price tag caused some heartburn on Wall Street, with AbbVie declining as much as 16% to $66 at 1:38 p.m. in New York

Organic, natural and eco-friendly beauty brands face the trust test

A number of organic and natural beauty products are seeking premium tag, but how do they win consumer trust?

From copper to aluminium, Anil Agarwal-led Vedanta's smaller biz looking up

For the past two years, the company's aluminium revenue has been growing quarter after quarter

Amazon plans to launch around 1,000 new products on Prime Day sale

The company has seen a major uptick in Prime membership, with the numbers almost doubling in the past two years

L&T-Mindtree takeover battle: Subroto Bagchi may offload stake this week

As of June 25, L&T's stake in the company has reached 47.75 per cent

How 5G's success lies in adoption in health care, farming and automation

At present FTTH is in its infancy in India with only 4-5 million households on it

IL&FS case: Court extends ED custody of two former officials by 3 days

Saha and Ramchand were the first to be arrested in the case related to the alleged irregularities at IL&FS

Instagram rules influencer marketing with 77% votes, shows study

50% respondents surveyed said they used influencer marketing in 2018 for branding

Employees of more companies seem to be looking to buy out promoter stakes

Financial services and asset management firms see such more buyouts

Emami's dilution of stake to infuse confidence among investors, says family

The family intends to raise its stake through strategic divestment, IPO or exit in group assets in 6-8 months

AbbVie makes USD 63B bid for Botox maker Allergan

The two companies have little in common, save for a desire to reinvigorate growth that has sputtered. Shares of AbbVie are down 16% over the past year and shares of Allergan are down 24%

Binny Bansal sells Flipkart shares worth Rs 530 crore to Walmart

The current sale is estimated to have reduced Bansal's holding from 3.85 per cent to 3.52 per cent

Celebi Aviation to start Taxibots at airports with Euro 45 mn investment

TaxiBots help cut fuel consumption by 85% by towing narrow-bodied aircraft from terminal gate to take-off point, with the planes' engines turned off; they also reduce Foreign Object Damage by 50%

SpaceX launches Falcon heavy rocket with 24 experimental satellites

The craft blasted off to cheers from onlookers at 2:30 a.m. (0630 GMT) after a three-hour delay from the original launch time late on Monday

SpiceJet announces 8 new daily international flights from Mumbai, Delhi

"SpiceJet will service Mumbai-Riyadh-Mumbai, Mumbai-Dhaka-Mumbai, Delhi-Dhaka-Delhi and Delhi-Jeddah-Delhi routes with daily non-stop flights," the airline said in a statement

Anil Ambani-promoted RInfra loses NTPC order worth Rs 567 crore to GE

For the current financial year, RInfra looks to increase its order book to close to Rs 50, 000 crore

Facebook to unveil new cryptocurrency; Visa and PayPal among partners

The world's biggest social network is expected to outline details of a virtual currency launching next year

Nissan shareholders approve post-Carlos Ghosn governance overhaul

The reforms are designed to put Nissan on a more stable footing after the shock caused by former boss Ghosn's arrest on multiple financial misconduct charges

Storm is coming: firms brace for transport disruption post shipping shakeup

The world's two biggest container shipping lines - Denmark's Maersk and Swiss headquartered MSC - say they face annual extra costs of over $2 billion each

Green nod for UltraTech's 6 mn tonne cement plant worth Rs 2,500 cr in AP

The company will have to get 'consent to establish and operate' from the Andhra Pradesh Pollution Control Board