Companies
Reliance Retail gets Rs 7,500 crore investment from Silver Lake
The investment values Reliance Retail at Rs 4.21 lakh crore
No remuneration for Vodafone Idea CEO during 3-year tenure
VIL appointed Takkar as its MD and CEO following the resignation of Balesh Sharma from the post
Reliance reveals detailed plan to spin off oil to chemical business
RIL has started work on hiving off O2C business into a separate unit for a possible stake sale to companies such as Saudi Aramco
Vodafone Idea rebrand as 'Vi' in fight for telecom market share
Vodafone Idea lost 4.7 million customers in May alone, while market leader Reliance Jio added 3.7 million
Samsung signs $6.6 billion deal with Verizon to supply 5G network solutions
Samsung’s global prospects for its network business have improved following US sanctions on its bigger rival Huawei, analysts said
90% of Sinovac employees took COVID vaccine: CEO
The program is intended for specific groups, including medical staffers, those who work at food markets, transportation and service sectors
Amul forays into edible oil segment, to invest Rs 1,500 crore to set up processing plants
ice cream sales declined by 30-40 per cent due to closure of hotels, restaurants and canteens because of lockdown
HGS Q1 profit at Rs 49.2 crore, expects strong growth despite COVID challenges
HGS' revenue from operations grew 1.5% to Rs 1,235.8 crore in the quarter under review as against Rs 1,218 crore in the year-ago period
COVID-19 vaccine to be priced below 10 euros: Sanofi
If the results are conclusive, Sanofi and GSK hope to get the vaccine approved in the first half of next year
Reliance Retail in talks with Silver Lake for $1 billion stake sale
The investment, which would value Reliance Retail at about $57 billion, comes as company aims to sell about 10% in new shares, report added