Page 856 - Company News

How sugar turned bitter for Nestle: Baby food sugar controversy explained

Nestle's baby food products in several countries, including India, contain high levels of added sugar and honey, said a report by Public Eye, a Swiss investigative organisation

Dell expects new hiring, economic growth to drive commercial PC sales

The company unveiled five new models under Latitude portfolio at the starting price range of Rs 1.11 lakh to Rs 2.61 lakh

Cipla gets Rs 1.83 cr penalty for claiming inadmissible transitional credit

The company has received an order from the Principal Commissioner of CGST & Central Excise, Mumbai, Maharashtra imposing a penalty of Rs 183,17,388

Massive fire breaks out at NTPC's superthermal power plant in Jharkhand

"The fire broke out at the BHEL material yard of unit 3 in the power plant. So far no casualty has been reported," a senior BHEL official told PTI

5-month-old Ekagrah Murty to earn Rs 4.2 cr with Infosys' bumper dividend

Murthy had gifted 15 lakh shares to Ekagrah valued at a staggering Rs 240 crore at that time, making the five-month-old the youngest millionaire shareholder of India's second-largest IT company

State-owned Canara Bank fixes record date of May 15 for stock split

Shares of Canara Bank were trading at Rs 577.15 apiece, down 1.10 per cent on the BSE in the afternoon trade

Hindustan Zinc Q4 results: Net profit drops 21% to Rs 2,038 crore

Revenue from the zinc mining business - the biggest segment - fell 16%, resulting in a 12% drop in overall revenue to Rs 7,285 crore

FSSAI to probe composition of Nestle's Cerelac baby cereals sold in India

The Food Safety and Standards Authority of India (FSSAI) is a statutory body under the administration of Ministry of Health and Family Welfare

Aurionpro Solutions to acquire 67% stake in Mumbai-based start-up Arya.ai

The acquisition, valued at approximately $16.5 million, will involve acquiring shares from existing shareholders and subscribing to new equity capital

Infosys to acquire German firm in-tech in 450 mn euro all-cash deal

Infosys will acquire a 100% stake in the German engineering R&D services provider, expanding its footprint in Europe

NTPC Green inks pact with Indus Towers to develop renewable energy projects

NTPC is India's largest power utility with the core business of power generation having a total installed capacity of 76 GW

UAE firm eyes majority stake in Vedanta's Zambian mines in expansion drive

The Zambian government owns 20% of KCM through state firm ZCCM-IH

Inox Wind bags repeat order for 210 MW project from Hero Future Energies

Inox Wind will also provide post-commissioning multi-year Operations & Maintenance (O&M) services, a statement said

In electronics exports, Tamil Nadu jumps to top on Apple's India push

This accounts for around 33 per cent of the total exports of the country, surpassing a $9 billion target set by the state a few months ago

HDFC Life Q4 results: Net profit up 15% at Rs 411 cr on back book gain

One of the key factors is our back book profits and our costs which have been in control, said HDFC Life Insurance MD

Centre to decide on Vodafone Idea's debt conversion after moratorium

The decision to convert principal dues into equity, according to sources, cannot be done automatically

Ramkrishna Forgings to supply powertrain components to US' largest EV maker

The company has not disclosed the name of the vehicle manufacturer in its announcement, but sources indicated that it could be Tesla

Added sugar in baby food? FSSAI to examine charges against Nestle

Packaged foods major says it has reduced added sugars in the range by 30% in last 5 years

Nokia India posts 69% decline in sales at Rs 2,360 cr in March quarter

Nokia's overall net sales fell 20 per cent to 4.6 billion euros during the reported quarter from 5.85 billion a year ago

Bharti Airtel signs deal to merge Sri Lankan unit with Dialog Axiata

Airtel Lanka to have 10.35% voting shares in the merged entity, according to agreement