Company Overview and News
New online retail rules now prohibit marketplaces from offering discounts and cap total sales originating from a group company or one vendor at 25%
Indian Prime Minister Narendra Modi said India's economic growth has come from "sound policy and effective management" during the "Bloomberg India Economic Forum 2016" in New Delhi on Monday.
Last month, Pune resident Chirag Patil was looking to buy his first car. With a modest budget of Rs 3 lakh, his search for a new car could not move beyond the usual suspects in the entry-level segment - Maruti Alto, Hyundai Eon and Renault Kwid. So, the 26-year-old information technology professional expanded his search to online sellers and was surprised to see the wider choices of used cars on offer.
With more leeway to fund projects and tax exemptions, L&T Infra Debt Fund (IDF), L&T Finance group's infrastructure refinancing arm, plans to raise up to Rs 2,750 crore through debentures. The money raised via non-convertible debentures (NCDs) will be used to fund infra projects, including those in renewable energy sector (wind and solar). L&T Financial services group will also inject more equity in the subsidiary to support expanding asset base.
Highest Production Since Platts Bentek Began Tracking in 2005 - Production Averaged 73.3 Bcf/d in February, up 2% from January -
BNP Paribas AMC Fund Manager Shreyash Devalkar believes the business-management-value (BMV) filter is the key to his funds' out-performance.
"CRISIL has assigned rating of A1+ (A one plus) each to the proposed short term debt issue of Rs 2,500 crore and Rs 3,500 crore," says the financial firm in its filing.
Cipla | Crompton Greaves | United Breweries | MOIL | ONGC | Indo Tech Transformers | Edelweiss | Dhanuka Agritech | Reliance Communications | LT Foods | DLF and JSE Energy are stocks, which are in the news today.
Steel Authority of India (SAIL) was downgraded by CARE Ratings on Wednesday, with the rating lowered by a notch to AA+ for long-term debt worth more than Rs 15,000 crore, reports fe Bureau in Mumbai. The agency cited a subdued financial performance in the first nine months of fiscal 2015-16 that led to moderation in key credit metrics.
Reliance Jio Infocomm Ltd (RJIL), telecom venture of Mukesh Ambani-controlled Reliance Industries, plans to raise upto Rs 5,000 crore through debentures to fund business operations.
LONDON, March 14, 2016 /PRNewswire/ -- Executives and companies from 17 countries have been selected as finalists for the fourth annual Platts Global Metals Awards, which recognize exemplary accomplishments in 15 categories, according to program host Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets.
Volatility in the equity markets has finally led to slowdown in the net inflows of equity mutual funds.
With government proposing to hike the customs duty on primary aluminium products, domestic majors like Aditya Birla Group company Hindalco Industries, state-owned National Aluminium Company (NALCO) and Anil Agarwal-led Vedanta are planning to raise
At two downgrades a day, the quality of India Inc’s debt is fast deteriorating. Thanks to160 downward revisions in the last two months alone...
Armed forces veterans, war widows and their children were among those who received the least amount of CSR funds in FY15
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Overview Anthera Pharmaceuticals, Inc. is a biopharmaceutical company focused on advancing the development and commercialization of innovative medicines that benefit patients with unmet medical needs. The company currently have two compounds in development, Sollpura and blisibimod. The company licensed Sollpura from Eli Lilly & Co (“Eli Lilly”) in July 2014. Sollpura is a novel non-porcine investigational Pancreatic Enzyme Replacement Therapy (“PERT”) intended for the treatment of patients with Exocrine Pancreatic Insufficiency (“EPI”), often seen in patients with cystic fibrosis and other conditions. The company licensed blisibimod from Amgen, Inc. (“Amgen”) in December 2007. Blisibimod targets B-cell activating factor, or BAFF, which has been shown to be elevated in a variety of B-cell mediated autoimmune diseases, including Immunoglobulin A nephropathy, or IgA nephropathy. Sollpura The exocrine pancreas is responsible for synthesis and secretion of digestive en...
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Business Agenus is a clinical-stage immuno-oncology (“I-O”) company dedicated to becoming a leader in the discovery and development of innovative combination therapies and committed to bringing effective medicines to patients with cancer. The company's business is designed to drive success in I-O through speed, innovation, and effective combination therapies. Agenus has assembled fully integrated capabilities from novel target discovery, antibody generation, cell line development, and good manufacturing practice (“GMP”) manufacturing together with a comprehensive portfolio consisting of antibody-based therapeutics, adjuvants and cancer vaccine platforms. The company leverage its immune biology platforms to identify effective combination therapies for development and have developed productive partnerships to advance its innovation. The company believe the next generation of cancer treatment will build on clinically validated antibodies targeting CTLA-4 and PD-1 combined wi...
2018-05-21 - Asif
Business The company started Square in February 2009 to enable businesses (sellers) to accept card payments, an important capability that was previously inaccessible to many businesses. However, sellers also need innovative solutions to thrive, and Square has since expanded to provide additional products and services to give these businesses access to the same tools as large businesses. This approach aligns with its purpose of economic empowerment, as everything the company do should give sellers accessible, affordable tools to grow their businesses and participate in the economy. Square is a cohesive commerce ecosystem that helps its sellers start, run, and grow their businesses. The company combine sophisticated software with affordable hardware to enable sellers to turn mobile and computing devices into powerful payment and point-of-sale solutions. Square has high seller acceptance rates and fast onboarding, while maintaining low risk and fraud losses as a result of its a...