Page 818 - Company News
Wipro to implement Independent Health's medicare prescription payment plan
Wipro's medicare prescription payment plan platform will streamline prescription payments
 "Wipro to implement Independent Health's medicare prescription payment plan")
Embassy Group sales bookings up 85% to Rs 2,250 cr on better housing demand
Embassy Group sold 21.18 lakh sq ft, achieving a year-on-year growth of 103 per cent in area sold
 "Embassy Group sales bookings up 85% to Rs 2,250 cr on better housing demand")
Morgan Stanley PE, India Life Sciences Fund inject Rs 1,000 cr into Maiva
The transaction includes both primary and secondary funding, the Bengaluru-based pure play injectables contract development and manufacturing organisation said
 "Morgan Stanley PE, India Life Sciences Fund inject Rs 1,000 cr into Maiva")
Reliance Industries starts trading US oil setting Brent benchmark
It was Reliance's first time offering WTI in the window, Platts spokesperson Kathleen Tanzy told Reuters. A Reliance spokesperson did not immediately respond to a Reuters request for comment
 "Reliance Industries starts trading US oil setting Brent benchmark")
Go First planes need parts; lessors to take longer to fly them out of India
Out of the 54 planes, around 24 that were in a flying condition when the airline stopped operations last May have not undergone continued maintenance while 30 are without engines and spare parts
 "Go First planes need parts; lessors to take longer to fly them out of India")
Air India deploys A350 on international route with Delhi-Dubai flight
The Tata Group-owned carrier is now operating a daily service between Delhi and Dubai, with the plane featuring a three-class cabin configuration with 316 seats
 "Air India deploys A350 on international route with Delhi-Dubai flight")
India GCCs emerge as proof-of-concept foundries for GenAI applications
Companies are utilising GCCs as a "sandbox environment" to develop PoCs that accelerate their digital journey by leveraging GenAI across relevant domains
 "India GCCs emerge as proof-of-concept foundries for GenAI applications")
Vodafone Idea in talks to avail loans worth $1.8 billion, says report
The company has reached out to state-run lenders State Bank of India (SBI), Bank of Baroda, Punjab National Bank and some privately-held banks, the report said
 "Vodafone Idea in talks to avail loans worth $1.8 billion, says report")
LTTS signs €45 mn deal to train European auto supplier Forvia's engineers
5-year partnership also involves Indian company providing engineering services to Forvia
 "LTTS signs €45 mn deal to train European auto supplier Forvia's engineers")
American Express opens its largest campus worldwide in Gurugram, India
At nearly one million square feet, the new campus will become operational by the end of the month
 "American Express opens its largest campus worldwide in Gurugram, India")
Dairy giant Amul to sponsor US and South Africa in T20 World Cup in June
The Indian dairy behemoth with global footprints has sponsored cricket teams in the past as well including the Netherlands, South Africa and Afghanistan. Amul milk is also now being sold in the USA.
 "Dairy giant Amul to sponsor US and South Africa in T20 World Cup in June")
NPCI inks pact with Bank of Namibia for developing UPI-like payment system
This strategic partnership aims to enhance digital financial services and bolster real-time Person-to-Person (P2P) and Merchant payment transactions (P2M) in the African nation
 "NPCI inks pact with Bank of Namibia for developing UPI-like payment system")
Infibeam's CCAvenue partners with Shivalik SFB to improve merchant access
Small finance bank's account holders will be able to make payments on websites 'powered' by CCAvenue, according to agreement
 "Infibeam's CCAvenue partners with Shivalik SFB to improve merchant access")
Viagra trademark exclusive property of Pfizer, rules Delhi High Court
Delhi HC has ordered Renovision Exports to pay Pfizer Rs 3 lakh and issued a permanent injunction preventing the marketing of homoeopathic medicine under the 'VIGOURA' mark
 "Viagra trademark exclusive property of Pfizer, rules Delhi High Court")
Qatar Airways Cargo launches advanced animal centre to transport animals
The animal centre will be built on a 5,260 sq m of land, and will have a capacity of 140 dog kennels and 40 cat kennels, and 24 horse stables distributed in four zones
 "Qatar Airways Cargo launches advanced animal centre to transport animals")
Lenders request RBI approval to sell Jaiprakash Associates loan to NARCL
SBI-led lenders are pursuing RBI clearance to shift real estate firm's Rs 18,000 crore debt to NARCL in a Rs 10,000 crore deal
 "Lenders request RBI approval to sell Jaiprakash Associates loan to NARCL")
Byju's introduces revenue-linked salary policy for sales staff: Report
Base salaries of sales staff will be suspended while this policy is in place between April 24 and May 21
 "Byju's introduces revenue-linked salary policy for sales staff: Report")
Q4 FY24: Adani Ports, Coal India among 49 firms to post results today
Q4 FY24 results: Dabur, Federal Bank, Digicontent, Blue Star, Khemani Distributors, Aptech are expected to release their financial results too
 "Q4 FY24: Adani Ports, Coal India among 49 firms to post results today")
Transfer of baton: New-gen leaders to take the reins as Godrej group splits
Each family may sell the shares it holds personally and/or via trusts to the other family in tax-neutral transactions
 "Transfer of baton: New-gen leaders to take the reins as Godrej group splits")
Indian Oil resumes buying Russian crude oil delivered on Sovcomflot ships
The acceptance of Sovcomflot tanker by the country's largest refiner carries significance as it could embolden other smaller refiners to also use Sovcomflot vessels for their oil purchases from Russia
 "Indian Oil resumes buying Russian crude oil delivered on Sovcomflot ships")