Companies
FMCG giant Hindustan Unilever registers 5.7 per cent growth in consolidated net profit in Q1
The company had posted a net profit of Rs 1,795 crore in April-June quarter of the previous fiscal.
FabiFlu more economical, effective treatment option for COVID-19: Glenmark tells DGCI
Glenmark also denied making any claims that “favipiravir alone” is effective in treatment of mild-to-moderate COVID-19 patients
Novartis profits rise despite coronavirus sales swings
Sales were mostly affected by lower new patient starts and significant reduction in patient visits to physicians, said Novartis
Jubilant Generics gets DCGI nod to manufacture COVID-19 drug Remdesivir
On June 21, Hetero and Cipla and on July 2 Mylan were given permission to manufacture and market the drug on the same conditions
IndiGo to cut 10% staff, says CEO Ronojoy Dutta
IndiGo, which had 23,531 employees on its rolls as of March 2019, said it was flying only a small percentage of full fleet of 250 airplanes
Cafe Coffee Day closes 280 more outlets in Apr-June quarter
The coffee chain also reported a decline in average sales per day per cafe to Rs 15,445 during the April-June quarter
Indian Oil's 300,000 bpd east coast refinery to be shut for 3 weeks
As per the company’s request, a shutdown order has been issued, Sangram Keshari said, adding refinery was last shutdown completely in 2018
Seven Indian pharma players race to develop vaccine for deadly coronavirus
Leading vaccine major Serum Institute of India has said that it is hoping to develop a COVID-19 vaccine by the year-end
Amul brand registers record turnover of ₹52,000 crore
The federation said it aims to achieve a group business turnover of Rs 1 lakh crore by 2024-25
Vodafone pays Rs 1,000 crore to DoT towards AGR dues
The apex court rejected the argument of incumbent telecom operators that the AGR only included licence and spectrum fees.