Page 1197 - Company News
IndiaRF invests Rs 525 crore in Ivy Health and Life Sciences Private Ltd
Financial advisors for this transaction included O3 Capital, representing IndiaRF, and Unaprime Investment Advisors, advising Ivy
 "IndiaRF invests Rs 525 crore in Ivy Health and Life Sciences Private Ltd")
Hindalco brings in Metra to manufacture products for Indian rail coaches
The collaboration between Hindalco Industries Ltd and Metra SpA marks a pivotal move to bring world class technology
 "Hindalco brings in Metra to manufacture products for Indian rail coaches")
Maxivision Super Speciality Eye Hospitals to set up 100 eye care centres
Eye care major Maxivision Super Speciality Eye Hospitals Pvt Ltd on Tuesday said it would invest Rs 400 crore to set up 100 eye care centers in Tamil Nadu
 "Maxivision Super Speciality Eye Hospitals to set up 100 eye care centres")
Tata Power Delhi Distribution ties with Utiltyx to ensure cyber security
Tata Power Delhi Distribution on Tuesday announced its strategic partnership with Utiltyx, the Indian arm of the US-based cyber security and data analytics software company
 "Tata Power Delhi Distribution ties with Utiltyx to ensure cyber security")
Aluminium rail coaches: Hindalco ropes in Italian firm for extrusion tech
Hindalco Industries, the world's largest aluminium rolling and recycling company, on Tuesday said it has signed a technology partnership agreement with Italy-based Metra
 "Aluminium rail coaches: Hindalco ropes in Italian firm for extrusion tech")
Coal India commits Rs 24,750 cr investment for 61 eco-friendly projects
Coal India Ltd has committed a capital investment of about Rs 24,750 crore in the next few years on as many as 61 first-mile connectivity (FMC) projects
 "Coal India commits Rs 24,750 cr investment for 61 eco-friendly projects")
Crib expands client base to 1,000 with revenue run rate of Rs 6.5 cr
Bengaluru-based proptech startup Crib said it is providing tech solutions to more than 1,000 individuals or entities that provide rental accommodation to students and working professionals
 "Crib expands client base to 1,000 with revenue run rate of Rs 6.5 cr")
SpiceJet pays Rs 100 crore to Kal Airways and Maran towards arbitral award
Last month, the court had asked the airline to pay Rs 100 crore to Maran by September 10
 "SpiceJet pays Rs 100 crore to Kal Airways and Maran towards arbitral award")
Sebi hid facts, slept over DRI's letter on stock manipulation by Adani: PIL
On August 25, Sebi informed the apex court it has completed the probe in all but two allegations against the Adani Group and is still awaiting information from five tax havens
 "Sebi hid facts, slept over DRI's letter on stock manipulation by Adani: PIL")
Apple to sell Made-in-India iPhones on launch day for the first time
It would also underscore India's growing production prowess, and reflect a significant departure from Apple's previous strategy of selling mostly Chinese-made new devices to frenzied customers
 "Apple to sell Made-in-India iPhones on launch day for the first time")
Cashfree Payments partners with NPCI to launch customer on-boarding feature
'AutoPay on QR' end the necessity to download an app or register on a website, says company
 "Cashfree Payments partners with NPCI to launch customer on-boarding feature")
Indorama Ventures to invest $150 mn in three PET recycle plants in India
Recycled PET from the three plants will supplement Indorama Ventures' current 800,000 tonne/year PET production for the Indian and export markets.
 "Indorama Ventures to invest $150 mn in three PET recycle plants in India")
Witnessing trend of rising outsourcing of supply chain activities: TVS SCS
Revenue from operations during the quarter under review stood at Rs 2,342.4 crore from Rs 2,675.5 crore registered in the same period of last year
 "Witnessing trend of rising outsourcing of supply chain activities: TVS SCS")
Vertex Ventures' SEA and India arm raises $541 mn, expands investor base
The new Fund V raise comes on the heels of cash-on-cash returns from VVSEAI's portfolio and successful exits from its investments in companies such as Grab, FirstCry, XPressBees, Recko, and others.
 "Vertex Ventures' SEA and India arm raises $541 mn, expands investor base")
Zaggle's Rs 564 cr IPO opens on Sep 14, price band fixed at Rs 156-164
Fintech player Zaggle Prepaid Ocean Services on Monday set the price band for its Rs 564-crore initial share sale at Rs 156-164 apiece, a hefty 156-164 times of the face value of its shares
 "Zaggle's Rs 564 cr IPO opens on Sep 14, price band fixed at Rs 156-164")
Elon Musk's Starlink may soon get a licence to start its services in India
The telecom ministry is expected to hold a meeting later this month to discuss the proposal of Starlink for a GMPCS service license, and it is likely to be passed
 "Elon Musk's Starlink may soon get a licence to start its services in India")
Apple Inc's high-stakes iPhone 15 launch explained in five charts
Apple also just renewed a contract to get modem chips from Qualcomm Inc., a sign that an effort to build its own components is taking longer than expected
 "Apple Inc's high-stakes iPhone 15 launch explained in five charts")
Qualcomm to supply Apple Inc with 5G chips until 2026 under new deal
Under the deal announced Monday, Qualcomm said it will supply Apple with chips for phones that will come out each year until 2026
 "Qualcomm to supply Apple Inc with 5G chips until 2026 under new deal")
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
 "IDFC First Bank's MD and CEO V Vaidyanathan to raise stake in bank")
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
 "Razorpay acquires digital invoicing, customer engagement startup BillMe")