Page 1176 - Company News

IDFC First Bank's MD and CEO V Vaidyanathan to raise stake in bank

GQG Partners acquires shares of IDFC First Bank through block deal

Razorpay acquires digital invoicing, customer engagement startup BillMe

With this acquisition, Razorpay will get access to BillMe's client base of over 4,000 merchants

Tata Group needs to find substantial growth, ward off Ambani's Reliance

Tata Consumer Products Ltd., the owner of the Tetley tea brand, was uncomfortable with Haldiram's $10 billion valuation

KKR set to invest over Rs 2k cr in Reliance Retail to raise stake to 1.42%

KKR stake in RRVL will go to 1.42% from 1.17%

Fintech firm Perfios raises $229 mn from Kedaara in Series D funding

Perfios, a B2B SaaS specialist, says investment will help it in 'providing access to financial services'

Tata Consumer 'narrows its universe'; identifies 5 core areas for launches

In the liquids category, the company plans to introduce new products in the water and ready-to-drink sectors

Byju's changing fortunes: From buying spree to selling crown jewels

The valuation of the company led by Byju Raveendran jumped to $15 billion by April 2021. Raveendran used the funds to acquire some 20 companies worldwide

Tata Power's Tamil Nadu solar cell unit gets $425 mn from US govt agency

Investment by Development Finance Corporation will supporting India in its clean energy transition, says Tata Power

Bullet train: HC asks Maha govt to decide in 30 days on Godrej & Boyce plea

The Bombay High Court directed the Maharashtra government to decide within a month an application filed by Godrej & Boyce company

JetBlue steps up campaign to save plan to buy Spirit Airlines for $3.8 bn

JetBlue Airways said on Monday it has reached agreement to turn over Spirit Airlines' operations at airports in Boston and Newark, New Jersey, as JetBlue ramps up its effort to win regulatory approval

Edtech company Byju's plans asset sale to pay off $1.2 billion loan

The lenders are evaluating Byju's proposed amendment and have reportedly asked for more information about the loan repayment proposal

3,600 man days invested in G20 Summit information technology infra: RailTel

RailTel, which was entrusted to provide uninterrupted telecom services and cyber security solutions for the G20 Summit, said more than 3,600 man days were invested to come up with IT infrastructure

Jet Airways founder Naresh Goyal's ED custody extended till Sep 14

The 74-year-old businessman was produced before the special PMLA court at the end of his initial remand on Monday

BIS reaches out to 240,000 villages over awareness about quality standards

The Bureau of Indian Standards (BIS) has reached out to 2.4 lakh village panchayats so far to create awareness about Indian standards at the grassroot levels

Tata Consumer 'narrows its universe'; identifies 5 core areas for launches

Within mini meals, it will look at the breakfast cereal, ready-to-eat, and snacks market, and also its protein platform, which includes plant-based meat and plant protein powders

Google's dominance of search faces major challenge with US regulators

The US government is taking aim at what has been an indomitable empire: Google's ubiquitous search engine that has become the internet's main gateway

Credit Suisse case: Pay up or face jail, SC warns SpiceJet boss Ajay Singh

The court on July 25 had given additional time to the airline to pay its dues to Credit Suisse as part of the court-agreed settlement between both parties

ITI enters PC segment with SMAASH to compete against multinationals

After the announcement, ITI shares surged 20 per cent to settle at Rs 149.40 apiece - its upper price band as well as a 52-week high level - on the BSE

NTPC Green Energy, Nayara Energy ink pact to explore green hydrogen space

NTPC Green Energy Limited (NGEL) has entered into an agreement with Nayara Energy to explore opportunities in the green hydrogen space

IT companies shrug off transport strike in Bengaluru with work from home

An estimated nine lakh private commercial vehicles, including auto-rickshaws, corporate vehicles, airport taxis, maxi cabs, and buses, stayed off the roads on Monday