Page 1360 - Company News

SpiceXpress partners Ekart to provide first and last-mile delivery space

SpiceJet Ltd's cargo arm SpiceXpress and Logistics has partnered with supply chain services providers Ekart in the first and last-mile delivery space, the company said on Monday

Deal activity plunges 87% YoY in May to $4.6 bn in value, 45% in volume

Deal activities fell a steep 87 per cent in May to USD 4.6 billion in value and by 45 per cent in volume terms to just 106 deals, according to an industry report

At Wipro, future hikes to depend on upskilling, reskilling, says HR boss

Saurabh Govil has stated that niche skills such as generative AI and cybersecurity will be important for employees

Maruti to launch its own alternate for Innova in collaboration with Toyota

So far, as part of this collaboration, Toyota sells its Glanza which is the Baleno alternative and the Urban-cruiser which is nothing but a Toyota-branded Brezza

Singapore Airlines promotes senior exec involved with AI-Vistara merger

Tan, who was extensively involved in the proposed merger of India's flag carrier and Vistara, also spearheaded the SIA Group's successful fundraising efforts during the Covid-19 pandemic

Hero MotoCorp launches its popular motorcycle Passion+ at Rs 76,301

Given its reliable and small-capacity engine, Hero's Passion has earned a reputation for being a workhorse in the Indian countryside and small towns alike

JSW Cement signs $50 mn green loan agreement with French lender BNP Paribas

JSW Cement has signed a sustainability-linked loan agreement with the domestic arm of French lender BNP Paribas to raise USD 50 million or about Rs 414 crore in debt capital

Rapido vs Delhi govt: SC stays permission for 2-wheeler taxi in Delhi

The SC was hearing two pleas filed by the Delhi govt against the Delhi HC order that allowed bike-taxi aggregators, Rapido and Uber, to operate till the final policy was notified by the govt

Vivo exits German market after OnePlus, OPPO due to patent dispute

After OnePlus and OPPO, now smartphone brand Vivo has also exited the German market and said that its products are currently not available in the country

Indian Overseas Bank allows customers to use any name as account number

Public sector lender says the scheme is the first of its kind in the banking industry

Mirae Asset infuses fresh capital of Rs 1,240 cr in its Indian broking arm

Mirae Asset Capital Markets India, the broking arm of a Korean fund house, on Monday said it has received a fresh capital infusion of Rs 1,240 crore from its parent, bolstering its growth capital

Patanjali Foods aims Rs 5K cr profit at Ebitda, over Rs 50K cr in 5 yrs

Edible oil firm Patanjali Foods has chalked out an aggressive growth plan to reach Rs 5,000 crore operational profit and over Rs 50,000 crore turnover in the next five years

OYO to add 300 hill station hotels by Aug to cash in on vacation rush

Hospitality and travel-tech firm OYO on Monday said it will onboard and add 300 hill station hotels to its portfolio by August 2023 to cash in on the summer vacation rush

Go First creditors seek complete control over the resolution process

After replacing the interim resolution professional, lenders are now also looking to also replace other bankruptcy-related appointments made by the NCLT

Pepper Group to invest $150 mn over 4 yrs to establish fintech in India

Global consumer finance company Pepper Group on Monday said it will invest $150 million over the next four years to establish a fintech in India

Sekhmet Pharmaventures, Nirma in race to acquire Glenmark's API business

In the last three months, GLS's share price has risen by 52% from Rs 386 in anticipation of a transaction

Vedanta's Sterlite Copper invites EoIs to 'restart' the Thoothukudi unit

The EoI for restart comes when the company is still awaiting the final judgement on the issue, and the court has only allowed it to do maintenance work

JSW Cement raises Rs 400 cr via sustainability-linked loan from BNP Paribas

In October last year, the company had signed another SLL agreement of Rs 400 crore with Japan's Mitsubishi UFJ Financial Group

End of season sales party arrives early for Indians this year, here's why

Usually, the EOSS starts at the end of June, and companies aim to clear their stock before fresh stock hits the shelves, but this year, the companies have started discounting early

Colliers appoints Ramaiy Kapoor as MD for its data centre business in India

This comes at a time when the company has been increasing its focus on the data centre business in the country