Page 44 - Companies

CVS Health, Walmart, Walgreens to pay $13.8 bn in Opioid painkillers case

This resolves thousands of US state, local and tribal govt lawsuits accusing them of mishandling opioid painkillers

Stellar quarter for Tinder parent as more people pay to find right match

Match Group topped quarterly revenue estimates as more users looking for matches and connections took paid subscriptions on dating app Tinder, sending the company's shares up 16 per cent

Byju's decides not to shut its Kerala centre after founder meets CM

Byju Raveendran reiterates his commitment to the state, says company spokesperson

Switch Mobility aims to be in EV markets around the globe: CEO

Markets will come back after geopolitical turbulence and each company will have to make its own strategy, says Mahesh Babu

Amid heavy sell-off, FPIs dump 30 mn Paytm shares in less than a year

The retail shareholding has increased to 6.37% at the end of September, as compared to 2.79% at the time of listing

JSW group to invest Rs 1 trn in Karnataka in five years, say Sajjan Jindal

This is in addition to the Rs 1 trillion already invested in the state, and would be in steel, green energy, cement, paints and a new greenfield port

Rohan Murty wants to use data to make white-collar workers more efficient

The startup, based both in Boston and Bangalore, gets a real-time view of how people in teams get work done by using machine learning

After Thums Up and Sprite, Maaza is Coca Cola India's next $1 billion bet

Earlier in 2022, Thums Up became the first Indian brand from the company's Indian portfolio to touch $1 billion in sales

Twitter global sales VP leaves company after Elon Musk's takeover

Musk, who acquired the company for $44 billion last week, is moving swiftly to thin the executive ranks as he looks to reshape the company to conform with his own vision.

A chapter ends: Penguin merger with Simon & Schuster stalled

The win in the book publisher case comes after DoJ's antitrust lawyers lost three challenges in a row, though some of those cases are now being appealed

Coal India powers productivity spurt, but can it sustain the pace?

The furious pace of production has helped prevent the blackouts of last year but there are questions over whether the state-owned miner can sustain the pace

Jamshed Irani: Architect of post-lib Indian industry and 'New Tata Steel'

Irani transformed Tata Steel totally to make it the world's lowest-cost steel producer by 2001, completely revamped technology and used his phrase "Customer Har Haal Me" to augment user delight

P&G India set up Rs 200-cr 'Technovate Fund' to solve business challenges

The firm has also committed to spend more than Rs 1,300 crore in business solutions through its 'vGrow' platform

Rising offshore revenue to be growth huge lever for years: Coforge CEO

The IT solutions provider has posted a consolidated net profit of Rs 220.6 crore for Q2FY23, up 36.6% YoY. Its revenue growth was driven by offshoring expansion

JSW Energy likely to close Rs 10,530-cr Mytrah acquisition by December-end

The deal, announced in August, is JSW Energy's largest till date; will take the firm's operational generation capacity to 6.5 Gw from 4.8 Gw now, and accelerate its plans to achieve 10 Gw by FY25

Indus Towers revises report, drops para on govt stake in Vodafone Idea

Tower installation firm had said conversion of interest into equity stake for the government can be decided only after telecom company's stock price improves

E-commerce enabler Optiwise.ai raises $1.3 mn from StartupXseed Ventures

The company plans to spend the proceeds on its products, building a world-class team, and expanding its customer base beyond North America to other emerging e-commerce regions

Founding Fuel launches a paywall on select stories facilitated by Fewcents

The users will be allowed to make payments for a select set of individual stories instead of purchasing a bundle

iPhone supply in India may not suffer as China ups Covid-19 curbs: Experts

Apple has started manufacturing device in India and festival-time demand for device is falling

Musk expected to appoint new product leadership at Twitter, seeks advice

It's not clear who will ultimately take over but Musk has turned to old friends for advice in the first few days of his Twitter ownership