Page 1198 - Company News

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

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.

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

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

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

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

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