companies

Dr Reddy's re-launches Buprenorphine and Naloxone Sublingual Film in US market

Buprenorphine and Naloxone Sublingual Film, 2 mg/0.5 mg, 4 mg/1 mg, 8 mg/2 mg, and 12 mg/3 mg, is a therapeutic equivalent generic version of Suboxone (buprenorphine and naloxone) sublingual film, Dr Reddy's said in a BSE filing.

DCC to take call on Rs 3,050-cr penalty on Airtel, Vodafone, Idea on February 21

The telecom watchdog in October 2016 recommended imposing total penalty of Rs 3,050 crore on Bharti Airtel, Vodafone and Idea for allegedly denying interconnectivity to newcomer Reliance Jio.

Merger of Vijaya Bank and Dena Bank with BoB to be effective from April 1

Besides, the board of the bank fixed March 11, 2019, as record date for issuing and allotting equity shares of the Bank of Baroda to the Shareholders of Vijaya Bank and Dena Bank.

Technology giants have no business in banking: Uday Kotak

"If a Google or a Facebook ever decided to be a bank, we have a problem...They don't want to be as regulated as we are," Kotak, who heads Kotak Mahindra Bank said while speaking at the annual Nasscom leadership summit here on Wednesday.

Saudi Arabia sees $100 bn investment opportunity in India: Crown Prince Mohammed bin Salman

Addressing the media along with Prime Minister Narendra Modi, the crown prince said Saudi Arabia has already invested USD 44 billion in India since the visit of Modi in 2016 to the Gulf nation.

EPFO likely to announce 8.55% interest on EPF for FY19

"The proposal to declare interest rate for this fiscal is on the agenda of the Employees' Provident Fund Organisation (EPFO) trustees meeting on February 21, 2019," a source said.

Absolutdata integrates IBM Watson for enhanced Insight Mining

The Watson enhanced NAVIK AI Platform combines data, analytics and technology to optimize decisions on an ongoing basis without having to build a data science.

TCS partners with Nanoheal to provide Digital Workspace Automation solution

The combined solution to offer automated, proactive, self-healing device platform for error-free enterprise workspace.

Moody's revises JSW Steel's outlook to positive

The corporate family ratings (CFRs) are opinions of a corporate group's ability to honour all of its financial obligations, according to Moody's.

No scandal in Rafale deal, says Dassault CEO; defends role for Reliance

The RFI (Request for Information) or initial tender for the deal was issued by IAF in April 6 2018, the first mega procurement initiative for fighter jets. This was after the government scrapped the process to acquire 126 Medium Multi-Role Combat Aircraft (MMRCA) around six years ago.

Crypto Exchange Coinbase buys Blockchain intelligence startup

Neutrino’s technology will aid the crypto exchange to investigate and prevent cybercrimes.

Vistara to operate two daily flights on Delhi-Raipur route from March 31

"Bookings are now open on all direct and indirect channels at an introductory all-inclusive one way fare in Economy Class starting Rs 2698," the airline said.

M&A deal activity witnesses sluggish start in January; value deflates by 85%: Report

"The overall fall in deal activity can also be attributed to the recent uncertainty around trade and Brexit, current fiscal conditions due to exchange rate volatility and rising crude oil prices that have resulted in the absence of big-ticket transactions as compared to January 2018," says Grant Thornton's monthly Dealtracker January 2019 report.

Aditya Birla Health Insurance chief says on track to achieve break-even by FY23

The company has seen a 2X growth in its gross written premium for 9MFY19 to Rs 316 crore

Zuari Agro files Letter of Offer with Sebi for Rs 500 cr rights issue

In a filing to the BSE, Zuari said the company has filed "Draft Letter of Offer for rights issue with the Securities and Exchange Board of India."

Aarti Industries signs Rs 900 cr supply contract for specialty chemical intermediate

The Mumbai-based company has "signed a USD 125 million (Rs 900 crore at current exchange rate) supply contract with a leading global chemical conglomerate," it said in a filing to the BSE.

Tech Mahindra and Rakuten set up 5G Lab in Tokyo

The 'Rakuten Cloud Innovation Laboratory' is a fully automated testing facility that aims to foster innovation across mobile network, IT digital architecture, cloud and enterprise applications, a statement said.

Piaggio to drive in fully electric 3-wheeler in India by mid-2019

The company, which sells small commercial vehicles (less than one-tonne load) both in cargo and passenger segments, expects to upgrade most of its products to meet BS VI emission norms by the end of this year.

Vodafone Idea not in favour of 5G spectrum auction before 2020: CTO

Vodafone Idea Chief Technology Officer Vishant Vora told reporters that the full integration of the two telecom networks post the mega merger last year is "on track" and expected to be completed by June 2020.

Moody's upgrades Tata Steel's corporate family rating to Ba2

The corporate family ratings (CFRs) are opinions of a corporate group's ability to honour all of its financial obligations, according to Moody's. "Moody's Investors Service has upgraded Tata Steel's CFR to Ba2 from Ba3.

CCI clears Johnson Controls' power solutions biz acquisition by Brookfield, CDPQ

The deal, which was finalised in November 2018, involves selling of automotive battery-making business of Johnson Controls to Brookfield, CDPQ Fund and CDP.

Unilever expects HUL to grow much faster, chip in with at least 15% of group topline

Unilever owns over 67 percent in HUL which had reported sales of Rs 34,619 crore in FY18, while the parent, present in over 190 countries, had an annual turnover of 53.7 billion euros in 2017.

Kaveri Seed Q3: Dismal performance continues, licence suspension hits stock price

OYO expands international footprint with Saudi Arabia foray

OYO Hotels in Saudi Arabia will employ over 300 local citizens by end of 2019, and generate employment for over 5,000 Saudi citizens by 2020, the statement said.

Vodafone connects 5G smartphones to its network for first time

Vodafone said it had made an ultra-high-resolution 4K video call during trials in Madrid and Barcelona, at speeds 10 times faster than current 4G technology.