Page 1366 - Company News

Software firm Capillary Technologies raises $45mn in Series D round

Funds raised from consortium of investors will be crucial for global expansion efforts and to support M&A strategy, says Capillary

Reliance's operating performance to remain resilient over 2 years: S&P

RIL's operating performance is likely to remain resilient over two years, as firm's growing presence in digital and retail segments will temper softer earnings in energy business, S&P said

Hyundai's May sales rises 16% to 59,601 units, domestic sales grew 14.91%

Hyundai Motor India Ltd (HMIL) on Thursday reported 16.26 per cent rise in total sales at 59,601 units in May as compared to the same month last year

TCS set for 'exciting new journey ', says new CEO & MD K Krithivasan

New leader of India's largest IT services firm he is taking up role 'on the strength of friendships and relationships'

Reliance Industries, Jio among top 10 Indian brands in terms of value

Reliance has two brands in the top ten list of Indian brands, as per a recent report

Brookfield acquires controlling stake in CleanMax Solar for $360 million

Canadian investor Brookfield said on Thursday it had acquired a controlling stake in Indian solar-panel maker CleanMax Enviro Energy Solutions for $360 million

Manappuram Finance launches digital lending app to widen reach

The platform is targeted at customers living in smaller cities and towns of India

Edtech major Byju's lenders scrap talks to restructure a $1.2 bn loan

Byju's has to make an interest payment on the loan by June 5

Sebi to tighten FPI rules it was forced to dilute for Adani: Congress

A day after the Sebi proposed mandating additional disclosure for high-risk the Congress alleged that the regulator was now looking to tighten the very rules it was "forced to dilute" in 2018

Toyota logs 2-fold growth with highest monthly sales in May at 20,410 units

Toyota Kirloskar Motor on Thursday said its total sales surged two-fold to 20,410 units in May, its highest-ever in a month

Bajaj Auto records 29% rise in total sales at 355,148 units for May

Bajaj Auto on Thursday reported 29 per cent rise in total sales at 3,55,148 units in May compared to the same month last year

L&T to build energy infra for world's largest green hydrogen plant at NEOM

The value of the packages awarded to L&T aggregate to $2.779 billion

Monthly sales of Rs 25 cr each! Apple's India stores hit it out of the park

Apple's new stores in Delhi and Mumbai have grossed monthly sales of more than Rs 22-25 crore each

Online grocery firm Zepto announces leadership elevation as it eyes IPO

This comes at a time when the startup ecosystem has been severely impacted due to funding winter

Nearly 81% firms face shortage of skilled tech workers: EY and iMocha

Only 19 per cent reported having established skill taxonomy; 43 per cent have conducted skill benchmarking at the employee level

UK-based abrdn offloads remaining 1.66% stake in HDFC Life Insurance

Among the buyers were Aditya Birla Sun Life Mutual Fund, ICICI Prudential MF, SBI MF, Societe Generale and T Rowe Price

Competition Commission's DG Atul Verma gets three-month extension

The government has extended the tenure of Atul Verma as the Director General of the Competition Commission of India (CCI) for three months

Aureus Investment, promoter of Sona BLW Precision sells 3.2% stake

Aureus Investment Pvt Ltd, a promoter of Sona BLW Precision, on Wednesday sold a 3.2 per cent stake in the firm for Rs 957 crore through an open market transaction

OnePlus India CEO Navnit Nakra moves on from brand to follow his passion

Nakra spearheaded the company's business operations and overall strategy for the India region

Monitoring Committee on sealing should be disbanded by the court: CAIT

The trade leaders also called on the Chief Minister of Delhi and the Mayor of the Municipal Corporation to promptly address the matter and take the necessary steps