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US speciality biz, India rebound help Sun Pharma shine in Q2

The Times of India 03 Nov 2021
The management intends to ramp up the speciality business to a reasonable scale before allocating investments in new areas ... ET Intelligence Group ... The Sun Pharma stock closed a tad higher at. Kiran Kabtta Somvanshi ... .
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IPO-bound Ola's mobility biz sees first operating profit in FY21

The Economic Times 03 Nov 2021
Ola's better financials in the mobility business came in a year when the Covid-19 pandemic had battered the mobility sector and the company had to fire a significant chunk of its workforce to bring expenses down ... .
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For first time, Ola mobility biz sees operating profit of Rs 90 crore

The Times of India 03 Nov 2021
BENGALURU. The Bhavish Aggarwal-founded Ola reported an operating profit of Rs 89.8 crore for its mobility business, its first since it started operations a decade ago. The financial data was accessed by business intelligence platform Tofler ... .
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Dabur Q2 Revenue up 12% yoy to Rs2,818cr on higher volume growth in domestic FMCG biz

IIFL 03 Nov 2021
Dabur's India FMCG Business continued to lead the growth and ended the quarter with a best-in-class Volume Growth of 10%, marking the fifth successive quarter of double-digit Volume growth ... .
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Biz quicks

Tulsa World 03 Nov 2021
BA McDonald’s GM gets global award ... .
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Craft vendors refuse jabs despite risk of no cruise biz

The Gleaner 03 Nov 2021
Despite the Port Authority of Jamaica (PAJ) warning that only vaccinated stakeholders in Port Royal will benefit directly from a cruise call by the Nieuw Statemdam on November 25, some residents, including vendors, are still unwilling to take the... .
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Technocraft Industries (India) surges 3.5% on incorporation of wholly-owned subsidiary for textile biz

IIFL 03 Nov 2021
The name of the wholly-owned subsidiary company is Technocraft Textile Private Limited ... .
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Zillow to close its home-flipping biz, lay off 25% of staff

The Seattle Times 03 Nov 2021
Zillow will end its house-flipping operations after acquiring homes it was unable to resell for a profit. The move will result in a quarter of Zillow's staff losing their jobs ... .
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House passes Garbarino bill to fortify small biz cybersecurity

Long Island Business News 03 Nov 2021
Small businesses may be gaining momentum in the fight against cyberattacks.
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Adani eyes ARC biz to buy stressed assets in infra, real estate

Live Mint 03 Nov 2021
MUMBAI . Adani Group has applied for a licence from the Reserve Bank of India to open an asset reconstruction company (ARC) that will acquire distressed assets in infrastructure and real estate, two people familiar with the matter said ... MORE FROM THIS SECTIONSee All ... View Full Image ... .
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Microsoft rolls out $3-a-user Defender for small biz types

The Register 03 Nov 2021
Endpoint security for firms with under 300 staffers Ignite Sniffing the wind after the large uptick in ransomware attacks across the corporate world, Microsoft said it plans to roll out a new Defender for Biz version for SMBs ... .
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Hindalco to acquire Polycab’s copper wire rod biz Ryker for Rs323 crore enterprise value

Live Mint 03 Nov 2021
MUMBAI. Hindalco Industries Ltd, the flagship metals company of the Aditya Birla Group, on Wednesday announced the acquisition of 100% stake in Ryker Base Pvt. Ltd, a wholly-owned subsidiary of Polycab India Ltd. The acquisition will be done through Hindalco’s wholly-owned subsidiary Renuka Investments & Finance Ltd, the company said ... .

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