UK's food regulator Food Standards Agency (FSA) gave a clean chit to Nestle for Maggi manufactured in India saying levels of lead in the product are well within the EU permissible levels.
Country's largest lender State Bank of India is moderating pace of opening brick and mortar branches as it steps up thrust on improving access for customers through digital platform and electronics channels.
Dr Reddy's Laboratories announced the launch of its new visual identify and brand with a heart symbol, that the company expects to guide its all actions.
Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Vizag Steel, will expand capacity to 16m tonnes per annum (mtpa) by 2025 with an investment of Rs350bn, a top official said.
Pharmaceuticals major Zydus Group announced receipt of approval to sell chronic pain reliever morphine sulfate tablets from the US Food and Drug Administration (USFDA)
State-owned power equipment maker Bhel said it has commissioned Sudan's largest power plant
Mahindra Group, one of India's largest utility vehicle manufacturer, has called on the government to allocate budgets for setting up infrastructure required to boost eco-friendly electric car usage in India.
Regulator asked Financial Technologies to sell its stake in Indian Energy Exchange by 20th July failing which regulator will sale that stake while another authority (Company Law Board) has asked the company not to sell any assets until 2nd September.
The fourth largest private sector lender Kotak Mahindra Bank cut its base rate by 0.10% to 9.75, joining its larger rivals which have announced such downward revisions in the recent past.
Gillette India will stop selling Duracell batteries from December after parent company Procter & Gamble divested the brand globally.
Infrastructure major Punj Lloyd received shareholders’ approval for taking term loans up to Rs. 15 bn with the condition that the lenders can get the debt converted into equity shares in case of a default.
Wind turbine manufacturer, Suzlon Group announced it has installed its 10,000th turbine. Since its commencement of operations in 1995, the Group has installed 14,000MW of turbines.
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