Page 816 - Company News
Aurobindo Pharma gets tax demand of over Rs 13 cr from Hyderabad officials
The order demanded reversal of ITC and payment of GST amounting to Rs 6,54,50,645 along with interest of Rs 5,92,20,900 and penalty of Rs 65,51,354, Aurobindo Pharma said in a regulatory filing
 "Aurobindo Pharma gets tax demand of over Rs 13 cr from Hyderabad officials")
Sebi gives approval to CARE Ratings' subsidiary to provide ESG ratings
Such ratings will enable the issuers to discern steps for the betterment of their sustainability performance
 "Sebi gives approval to CARE Ratings' subsidiary to provide ESG ratings")
Wockhardt Hospitals launches early recovery program for liver transplant
The hospital group also claims that the ERP program improves the survival rate of the patients by approximately 2-3 per cent while enhancing patient outcomes through advanced techniques
 "Wockhardt Hospitals launches early recovery program for liver transplant")
Dr Reddy's Laboratories launches generic anti-bacterial medication in US
The company has launched Doxycycline Capsules (40 mg) in the US market, the Hyderabad-based drug maker said in a statement
 "Dr Reddy's Laboratories launches generic anti-bacterial medication in US")
Abbott launches XIENCE Sierra coronary stent system for heart patients
The XIENCE Sierra is the latest generation of the XIENCE family of everolimus-eluting coronary stent systems
 "Abbott launches XIENCE Sierra coronary stent system for heart patients")
Adani Group stocks see little impact of Sebi notices on disclosure norms
Six group firms say they have received notices; legal experts say allegations don't seem to be very serious
 "Adani Group stocks see little impact of Sebi notices on disclosure norms")
Premji Invest inches closer to majority stake acquisition in Nainital Bank
Bank of Baroda, a public sector lender and the majority shareholder holding around 98% of Nainital Bank, is expected to divest its entire stake
 "Premji Invest inches closer to majority stake acquisition in Nainital Bank")
Why is Elon Musk's Tesla Inc. suing Gurugram-based Tesla Power India?
American EV manufacturer has lodged a complaint with the Delhi High Court against Gurugram-based Tesla Power India for violating its trademark
 "Why is Elon Musk's Tesla Inc. suing Gurugram-based Tesla Power India?")
ADIA, KKR invest Rs 12,864 crore in Reliance Retail warehousing assets
This investment is separate from the infrastructure investment trust (InvIT) established by RRVL last year, which was intended to accommodate approximately half of its retail warehousing assets
 "ADIA, KKR invest Rs 12,864 crore in Reliance Retail warehousing assets")
Adani Group faces Sebi scrutiny; show-cause notices issued to 6 firms
Six Adani Group firms face Sebi scrutiny for alleged breaches in related party transactions and listing regulations
 "Adani Group faces Sebi scrutiny; show-cause notices issued to 6 firms")
Godrej family begins process to untangle cross-holdings in listed entities
Adi/Nadir family to acquire 20.84% in Godrej Inds from Jamshyd/Smita family, and another 12.65% from RKN Enterprises via block deals
 "Godrej family begins process to untangle cross-holdings in listed entities")
Janhvi Kapoor opens Chennai family home for Airbnb's 'Icons' experience
Nestled in lush greenery, the Kapoor family home in Chennai spans over four acres
 "Janhvi Kapoor opens Chennai family home for Airbnb's 'Icons' experience")
Adani Enterprises got 2 Sebi notices over Hindenburg report in Q4: Report
In the quarter ended March 31, the flagship of billionaire Gautam Adani empire received two so-called show-cause notices from the Securities and Exchange Board of India, or Sebi
 "Adani Enterprises got 2 Sebi notices over Hindenburg report in Q4: Report")
Covaxin developed with focus on safety first, says Bharat Biotech
In a statement, the company stated that Covaxin was developed with a single-minded focus on safety first, followed by efficacy
 "Covaxin developed with focus on safety first, says Bharat Biotech")
After lacklustre Q4 results, headwinds persist for Indian Oil stock
The core GRM per barrel in Q4FY24 was actually around $10.6 and the core GRM for FY25-26 could bottom out at $9
 "After lacklustre Q4 results, headwinds persist for Indian Oil stock")
YES Bank receives service tax demand order of over Rs 6.42 crore penalty
It said the tax and interest demand is below the material threshold limit currently applicable to the bank
 "YES Bank receives service tax demand order of over Rs 6.42 crore penalty")
Breathe easy! Philips says its sleep apnea devices safe for use in India
The company reached a $1.1 billion settlement for CPAP machine lawsuits in US
Share prices of Godrej Ind, Godrej Properties, Astec Lifesciences drop
Godrej Industries shares fell by 7 per cent to Rs 893 a share, while Godrej property's share fell by 4.4 percent to Rs 2,532 a share
 "Share prices of Godrej Ind, Godrej Properties, Astec Lifesciences drop")
Ceat Q4 results: Net profit falls 18.8% to Rs 109 cr on higher rubber costs
Ceat, whose customers include automakers Maruti Suzuki and Mahindra & Mahindra, is the first Indian tyremaker to report results this quarter
 "Ceat Q4 results: Net profit falls 18.8% to Rs 109 cr on higher rubber costs")
Freshworks founder Mathrubootham steps down as CEO, Woodside takes charge
Girish Mathrubootham becomes executive chairman of Nasdaq-listed SaaS firm to focus on 'long-term' vision
 "Freshworks founder Mathrubootham steps down as CEO, Woodside takes charge")