Business updates

Business

Biocon’s Biologics drug products facility gets nod from US FDA

Bengaluru (Karnataka) [India], Nov 5: Biopharmaceuticals major Biocon Ltd said on Tuesday it has received an establishment inspection report from the US Food an

Business

Maruti Suzuki October sales up by 4.5 pc to 1.53 lakh units amid festive season

New Delhi [India], Nov 1: Maruti Suzuki India on Friday reported 4.5 per cent growth year-on-year in October sales led by compact and utility vehicle segments.

Business

India’s manufacturing sector heads towards stagnation in October: IHS Markit

New Delhi [India], Nov 1: The cooling of manufacturing sector conditions in India continued in October with both factory orders and production rising at the wea

Business

Dilip Buildcon declared L-1 bidder for construction of airport at Hirasar

Bhopal (Madhya Pradesh) [India], Nov 1: Engineering, procurement and construction (EPC) firm Dilip Buildcon said on Friday it has been selected as the lowest bi

Business

Bajaj Auto reports 9 pc fall in vehicle sales during October

Mumbai (Maharashtra) [India], Nov 1: Two- and three-wheeler manufacturer Bajaj Auto on Friday said that it sold 4.63 lakh vehicles in October, down 9 per cent i

Business

Core sector output contracts by 5.2 pc in Sep against 4.3 pc growth y-o-y

New Delhi [India]: The eight core industries recorded 5.2 per cent decline in September year-on-year, mirroring further slowdown in the economy, according to go

Business

Syndicate Bank reports Q2 net profit at Rs 251 crore

Mumbai (Maharashtra) [India]: Government-owned Syndicate Bank on Oct 31 ,Thursday reported a net profit of Rs 251 crore for the second fiscal quarter (July to S

Business

Reliance Brands raises stake in Future101 Design, holding now stands at 17.5 pc

Mumbai (Maharashtra) [India], Oct 31: Reliance Brands Ltd, a subsidiary of Mukesh Ambani-led Reliance Industries, has bought an additional stake of 2.5 per cent

Business

Adani Transmission gets LoI for transmission project linked to renewable energy in Gujarat

Ahmedabad (Gujarat) [India], Oct 31: Adani Transmission Ltd (ATL), the largest private sector power transmission company operating in India, said on Thursday it

Business

Biocon moves up to rank 6th on Science careers’ top 20 global pharma list

Bengaluru (Karnataka) [India]: Biopharmaceuticals major Biocon Ltd said on Monday it has moved up in top 10 global biotech employers ranking for 2019 and contin

Business

Auto retail sales likely to improve in festive season: Ind-Ra

Mumbai (Maharashtra) [India]: Automobile retail sales are likely to pick up with an improvement in consumer sentiment during the ongoing festive season due to r

Business

5G technology poised to become connectivity fabric, transform businesses: Infosys study

Bengaluru (Karnataka) [India]: In an era of hyper-connectivity and rapid technological advancements, fifth-generation (5G) technology is poised to become a conn

Business

ICICI Bank Q2 profit falls by 28 pc on deferred tax adjustment

Mumbai (Maharashtra) [India], Oct 29: India’s largest private sector lender ICICI Bank said on Saturday its profit after tax dropped by 28 per cent to Rs

Business

Arthur J Gallagher & Co invests in Edelweiss Insurance Brokers Ltd

Mumbai (Maharashtra) [India], Oct 28: Diversified financial services conglomerate Edelweiss Group said on Friday that US-based Arthur J. Gallagher & Co R

Business

Panasonic and Welcome Air-Tech’s Saiver to develop new connected air handling and VRF solution

Hong Kong, Oct 25: Panasonic Corporation, a worldwide leader in the development of heating ventilation, air conditioning and refrigeration (HVAC&R), along w

Business

Dixon Technologies to manufacture mobile phones for Samsung

Dixon Technologies is the largest company engaged in manufacturing consumer durables, lighting products and mobile phones, as per Frost & Sullivan. Noida (U

Business

NIIT reports Q2 revenue up 4.7 pc at Rs 236 crore

New Delhi [India], Oct 24: NIIT Ltd’s on Thursday reported a net profit of Rs 209.4 crore in the quarter ending September on the back of a tax write-back

Business

MTNL locked at upper circuit after merger announcement with BSNL

Mumbai (Maharashtra) [India], Oct 24: Shares of government-owned Mahanagar Telephone Nigam Ltd (MTNL) on Thursday surged by 4.92 per cent to Rs 6.19 apiece on t

Business

Nucleus Software clocks revenue of Rs 128 crore in Q2 FY20

New Delhi [India], Oct 24: Nucleus Software said on Thursday its consolidated revenue for the second quarter of FY20 totalled Rs 128 crore compared to Rs 121 cr

Business

US SEC probes Infosys on whistleblower complaints, SEBI and BSE ask for details

Bengaluru (Karnataka) [India], Oct 24: The US Securities and Exchange Commission (SEC) has launched a probe into whistleblower claims that software major Infosy

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