Gufic Lifesciences Ltd, one of the oldest pharma companies in India, today said it has won the last pending regulatory approval for the amalgamation of its injectables unit with itself. It said it won approval from National Company Law Tribunal Mumbai for the merger last week. Since the transaction has a date of Jan 1, […]
Royal Orchid, which focuses on mid-sized hotels across India, announced the opening of 8 new hotels, its biggest batch of hotel inaugurations ever. The company also announced that it will continue to expand fast, moving up from 64 hotels at present. “We are on a path to set up 100+ hotels across the length and […]
Responding to question on whether Chinese companies like Huawei can purchase 5G spectrum in the upcoming auction, India’s communications ministry said any company of any country can participate in any spectrum auction in India. “..they [foreign companies] are allowed to participate in the auctions directly and apply for a Unified License subsequently through an Indian […]
BSNL subscribers waiting for faster wireless connectivity may have to wait for a year or more, as the government today clarified that the state-owned telecom operator has not given orders for 4G equipment for its much-delayed network expansion. Nearly 11 years after 3G and 4G spectrum was first handed over to the company, BSNL is […]
TVS Motor Co, one of India’s top two-wheeler makers, has launched the 2021 version of its successful mid-range motorbike Apache RTR 160 4V. The bike remains largely similar to the outgoing model, but does get a more favorable power-to-weight ratio thanks to shedding 2 kg. The bike is aggressively priced at Rs 1.07 lakh for […]
Government of India has indicated that it found nothing illegal in channels from other DTH platforms being available for viewing by audiences of Prasar Bharati’s DD Free Dish service. There have been allegations by a section of the broadcasting industry that the availability of channels from other DTH platforms to users of DD Free Dish […]
Government of India on Monday said India does not have any known deposits of silica suitable for producing solar panels. The statement comes in the wake of concerns of dependency on China for meeting India’s renewable energy needs. Solar panels are made from thinly cut wafers of crystalline silicon, which is produced by purifying metallurgical […]
Hero MotoCorp, the country’s largest two-wheeler maker, is offering a discount of Rs 5,100 on all its scooters till Mar 12 as long as the purchase is made in the name of a woman. Given that Hero’s scooters typically range from around Rs 64,000 to Rs 75,000 on road, this translates to a discount of […]
In a sign of things slowly returning to normal, PVR announced the opening of a new multiplex theater after nearly a year. The new six-screen multiplex theater — the biggest in Mysore — will open inside Mysore’s biggest mall, Forum Center City Mall, today. PVR CEO Gautam Dutta said the new muliplex will offer “advanced […]
A Supreme Court bench of Ashok Bhushan and Subhash Reddy has asked to see the new regulations brought out by the central government on content apps. In an appeal for anticipatory bail for Amazon Prime creative head Aparna Purohit in a case of outraging Hindu sentiments, the bench asked the government what it plans to […]
Reliance Jio, India’s largest telecom operator, increased its spectrum holding by 55% after it spent over Rs 57,000 cr in the just concluded auction, and will seen an increase in its 4G speeds in coming days. The company emerged as the biggest spender in the auction, and has reportedly purchased spectrum worth nearly twice the […]
Tata Motors, the country’s largest commercial automaker, reported the best set of numbers for any automaker in India so far for the month of February as both commercial and passenger vehicle sales zoomed. Even as sales for most of its rival truck makers continue to remain spotty, Tata Motors reported a substantial increase in its […]
Bharti Airtel has announced its entry into the lucrative, Rs 30,000 cr digital advertising market in India, making it the most serious competitor yet to Google and Facebook, which together control about 90% of the market at present. While Google leverages its access to search data and Facebook taps its access to behavioral data on […]
In a further commitment to rolling out Open RAN technologies, telecom operator Bharti Airtel announced a tie-up with hardware and chipset provider Qualcomm Inc. It said Qualcomm will provide technology to support the roll-out of 5G using the open technology. Qualcomm is a maker of semiconductors or chips that are used by other equipment makers, […]
TVS Motor Co, one of India’s top motorcycle makers, said it appointed industry veteran Timothy Prentice as vice president in charge of design. Having started his career at Honda’s US-based R&D team, Prentice won the Red Dot award for designing electric motorcycle Mission R in 2010. Prentice has helped brands such as Triumph Motorcycles, Polaris, […]
Vodafone Idea launched one of India’s first per-per-view service on its Vi Movies & TV platform. The service, which will enable users to rent premium video content such as new movies, will be clubbed with what the company called ‘deals from Hungama Digital’ — an independent provider digital video and audio content. Initially, the service […]
Kochouseph Chittilappilly, the founder of V-Guard industries, said he has set up a company called K Chittilappilly Capital Pvt Ltd with the purpose of providing venture funding to entrepreneurs. In a letter to V-Guard industries, Chittalappilly — who founded V-Guard Industries as a voltage stabilizer maker four decades ago — said the new NBFC is […]
Vodafone Idea, which is struggling to stave off bankruptcy after a Supreme Court bench heaped billions of dollars of extra liability on the company last year, indicated that it was not planning to sit out the 5G game. The company is currently racing to tie up funds to keep its business afloat as it lost […]
India-based pharmaceuticals maker Glenmark Pharma has launched a generic version of a popular kidney cancer drug priced 96% lower than the branded version in India. Pfizer is the innovator of Sunitinib. Glenmark said its drug is launched at a price that is approximately 96% lower than the MRP of the innovator brand. Glenmark’s prices are […]
Indian IT services provider Wipro Ltd said it has refreshed its 15-year engagement with Telefonica Germany with a focus on enabling new services in the 5G era. The program “will ensure that Telefónica Germany / O2 is well positioned to modernise and launch a range of new offerings including 5G products and services,” the Indian […]
