Page 897 - Company News

Sanofi India, Emcure Pharma announce exclusive distribution partnership

Collaboration aligns with Sanofi's growth strategy in India, named 'India for India', aims to accelerate growth across its pharmaceuticals, specialty care, consumer healthcare, and vaccines business

JG Chemicals makes weak market debut following IPO, shares decline 17%

The stock made its debut at Rs 211, lower by 4.52 per cent, from the issue price on the BSE. During the day, it tanked 18 per cent to Rs 181.20. Shares of the company ended at Rs 184.65, down 16.44%

Meesho initiates largest ESOP buyback programme totalling Rs 200 cr

Eligible current and ex-employees across the spectrum, from junior-level executives to senior leadership can voluntarily participate in this program, the company said in a statement

Karnataka HC extends interim protection for Byju's CEO amid ousting threat

Four investors of Byju's filed the suit to oust Raveendran from the company, alleging mismanagement

Tata's chip plants to serve all sectors, generate 72k jobs: Chandrasekaran

Tata Electronics plants will gradually serve all sectors in a phased manner by supplying chips and generate around 72,000 jobs over the years, Tata Sons Chairman N Chandrasekaran said

NHAI asks Paytm FASTag users to switch to another issuing bank by March 15

This will help avoid penalties or double fee charges while commuting on National Highways, as per the statement

Compressed bio gas plants to be set up in Raipur, Bhilai; BPCL signs deal

In his address, Chief Minister Sai said the establishment of CBG plants is a key step towards clean city, clean energy and zero carbon emissions

Eyeing two-fold growth in 3 yrs, Godrej Locks invests in digital solutions

Godrej Locks is strategically investing in digital solutions, in alignment to its strategy of Multi-Generational Product Planning (MGPP) in both residential and industrial verticals

India 'big priority' for Decathlon, among top five mkts in world: Official

For Decathlon, India is already among the top ten (markets globally in revenue terms). 'We wanted to get it into the top five,' Dykes said, adding that this would happen within the next five years

Flipkart's dark-store dash for quick commerce takes the fast lane

Walmart-owned firm may set up thousands of them across major cities in next few months

NCLAT clears runway for Jalan Kalrock Consortium's Jet Airways ownership

NCLAT has directed SBI to complete the transfer within 90 days and instructed JKC to obtain an air operator's certificate within the same period

Several team members resigned as part of restructuring, says SpiceJet

On Monday, sources said the airline's Chief Operating Officer Arun Kashyap and Chief Commercial Officer Shilpa Bhatia have put in their papers

Improving margins likely to help Ambuja Cements emerge as an outlier

Ambuja Cement could increase its EBITDA margin from 13.2% in FY23 to around 19.5% in FY24, with continued gains likely in FY25 and FY26 due to effective cost control and increased scale

Vi surrenders partial spectrum in Uttar Pradesh east, West Bengal

While the amount of spectrum surrendered by Vodafone Idea could not be ascertained, sources indicated it to be around 12 megahertz in both bands

MSIL would have faced capacity hurdle without rail infra: Executive

50,000 truck trips will be cut due to new railway siding at automaker's Hansalpur plant in Gujarat

BAT likely to sell 3.5% stake in ITC for Rs 17K crore on Wednesday

British firm will use the proceeds of block trades to buy back own shares

BSNL installs 3,500 4G towers in 5 northern states: CMD Pravin Kumar Purwar

Tower installations to begin in Tamil Nadu and Madhya Pradesh soon

Vishal Mega Mart planning $1 bn IPO valuing supermarket chain at $5 bn

The retailer has 560 stores, mainly in smaller cities, that sell clothes and grocery items. It competes with Indian tycoon Mukesh Ambani's Reliance, Tata Group's Trent

The Digital Competition Law: Big Tech firms opposed to ex-ante norms

Proposed Bill requires digital companies to notify Competition Commission of India that it fulfills criteria to qualify as a Systemically Significant Digital Enterprises based on criteria set in Bill

Day after Supreme Court rap, SBI submits electoral bond details to EC

The Supreme Court on Monday ordered SBI to disclose the details of electoral bonds to the Election Commission by close of business hours on March 12