Page 1378 - Company News

Builder.ai gets $250 mn from Qatar Investment Authority, valuation up 1.8x

The funding will fuel the company's innovation pipeline allowing further investments in talent, partnerships, and technology

Jio 5G services now available in all districts, 200 major cities of Odisha

Jio 5G service is now available in all district headquarters as well as over 200 major cities and towns across Odisha, a company official said on Tuesday

Shriram Properties acquires a new project 'Divine City' in Chennai

The project has a revenue potential of around Rs 1,200 crore in the next five years

Tata Group only Indian firm in BCG list of top 50 most innovative firms

Tata Group was placed in the twentieth spot in the list of most innovative companies in the world

Go First's suspended board files caveats before SC against aircraft lessors

A Caveat application is filed by a litigant to ensure that no order is passed against them without being heard

Simple Energy launches 'India fastest' e-scooter with 200 km range

Bengaluru-based raising funds for its product that has got advance bookings for more than 100,000 units in 18 months

Average salary in e-commerce, tech start-ups at a five-year low: Report

The average salary in the hospitality sector also fell to a five-year low in FY22: TeamLease report

FTSE ups Manyavar's weighting; Max Healthcare likely to make MSCI cut

Global index provider FTSE has increased the weightage of Vedant Fashions (Manyavar) in four of its indices

Infosys unveils a platform 'Topaz' for generative artificial intelligence

Infosys Topaz is an AI-first offering to accelerate business value for global enterprises using generative AI

SpiceJet plans new flights; pilot pay up at Rs 7.5 lakh per month

SpiceJet was impacted by the grounding of the entire Boeing 737 Max aircraft fleet by the Directorate General of Civil Aviation (DGCA) for over two years

Kirloskar Industries announces dividend of Rs 11 per share for FY23

Kirloskar Industries announced dividend, increase in equity share capital and future plans approved by the company's board

BOC Aviation files NCLT application to secure aircraft leased to Go First

Appellate court has upheld NCLT order admitting Go First's insolvency petition, hurting lessors' plans to secure plans

GQG's Jain raises stake in Adani stocks by 10% to $3.5 bn; to buy more

That initial investment in the beleaguered conglomerate bolstered the tycoon's companies after they were accused of "brazen" stock-price manipulation and corporate fraud

Disney to give pink slip to 2,500 employees in third round of layoffs

The first round of layoffs began in March when Disney CEO Bob Iger announced three rounds of layoffs as the company aims to reduce its workforce by around 7,000 workers

Physis Capital announces first close of $50 mn fund for start-ups

Fund aims to build a portfolio of 15-20 start-ups, with an average ticket size of $2.5 million

Vivriti seeks $250 mn for India's debut ABS private debt investment

"It will be a performing private credit, which is targeting a rupee return of 11%-12% for its investors, implying a dollar return of anywhere between 7% to 8%," Sukumar said

Public transport tech firm Chalo raises $45 million, to expand globally

The funding would help the firm to expand its presence in international markets after its successful entry into South-East Asia

Vedanta announces dividend worth Rs 6,877 cr, Rs 18.5 per equity share

The board has approved the first interim dividend of Rs 18.50 per equity share which is 1850% on face value of Re 1/- per share for the Financial Year 2023-24

Succession planning: Shashwat Goenka to become chairman of Spencer's Retail

Spencer's on Monday reported a loss after tax of Rs 61.22 crore in Q4FY23 compared to a loss of Rs 42.47 crore in the year-ago period

ITC sets up consumer goods manufacturing unit in Odisha, CM inaugurates

The facility is built on an area of 35 acre. It is dedicated to seven production lines, including Aashirvaad atta, Yippee! noodles, Sunfeast biscuits and Bingo! chips