Page 1470 - Company News

Indian startup PredOmix develops AI-based blood test to detect 32 cancers

The company's OncoVeryx-F is a patented technology that combines metabolomics (study of small molecules) and AI to identify metabolite signatures of multiple cancers in a single test

Knight Frank appoints India head Shishir Baijal on group executive board

Baijal joins the board to add international experience and wide-ranging corporate acumen after his 45-year-plus career across various sectors, including hotels, leisure and real estate

PhonePe raises $100 million additional funding from General Atlantic

This new funding is part of PhonePe's ongoing fundraise of up to $1 billion in capital, following its domicile shift to India last year

Zerodha forms joint venture with Amazon-backed Smallcase for AMC operations

The capital markets regulator Sebi's approval has already been received for setting up the joint venture

Gaming cos deploy geofencing as TN online gambling ban disrupts operations

Geofencing refers to the use of GPS or RFID technology to create a virtual geographic boundary, enabling software to trigger a response when a mobile device enters or leaves a particular area

BHEL, Nuclear Power Corp ink pact for nuclear power project opportunities

Under the pact, BHEL and NPCIL will jointly explore opportunities for the development of nuclear power projects to reduce project gestation time

Serum re-starts Covishield production, seeks to despatch 6 mn Covovax doses

Initiates talks with private hospitals for dispatching existing Covovax stock; Conducts in-vitro studies on human blood samples for neutralising antibody titres against XBB in India

Roller-coaster ride: How Apple's India strategy finally bore fruit

Behind the inauguration of two signature stores next week is a roller-coaster ride for the IT major in its effort to make India its alternative manufacturing and export hub

Adani's utility to supply 60% green power to Mumbai by 2027

Renewables accounted for 30% of power procurement for Adani Electricity as of March 31 - a ten-fold jump over the last two years, the company said in a presentation to stock exchanges Wednesday

Govt to meet e-pharmacy firms soon to address regulations concerns

Senior government sources indicated that the government is in favour of e-prescription, but wants to tread cautiously when it comes to e-pharmacies, given the wider implications

Nuvama Wealth aims to list by August, sets ambitious biz growth targets

The company, which has client assets of Rs 2.25 lakh crore at present, is targeting to more than double the same to Rs 6 lakh crore by 2028

NBCC inks MoU with SIDBI for development work of their properties

The MoU (memorandum of understanding) was inked by Pradeep Sharma, CGM (Engg) at NBCC, and Manas Ranjan Hati, DGM at SIDBI, in presence of senior officials from both the sides

HDFC Bank ties up with Export Import Bank of Korea for $300 mn credit line

This agreement will help HDFC Bank raise foreign currency funds which it would extend to Korea-related businesses, said the release

PhonePe raises another $100 mn to expand into lucrative lending space

With the latest round, PhonePe, India's most valuable payments firm with an estimated value of $12 billion, has raised $650 million across four tranches from its backers, including Tiger Global

Milky way: Beyond Amul vs Nandini, dairy brands that dominate their states

The Amul-Nandini controversy has been making headlines for the past few days but there are several regional dairy players in the country that have firm control on the market in their respective states

SBI Foundation hands out Rs 30 lakh grant in Shark Tank-like pitch fest

Fund given to eight fellows working on projects around health, governance, inclusion, farming

Bank of India plans to raise Rs 6,500 crore through various means in FY24

State-owned Bank of India plans to raise Rs 6,500 crore from various means including share sale to fund business growth in 2023-24

JSW One Platforms raises Rs 205 cr in funding from Japan's Mitsui

E-commerce venture of JSW Group will use the financing to expand business and improve technology

Raj Neervannan-cofounded AlphaSense raises $100 million, bullish on India

The investment will enable us to continue our mission of pushing the boundaries of technology & accelerating our research and development efforts in India, said Raj Neervannan

MRF second strongest tyre brand in the world: Brand Finance report

MRF scored well in almost all parameters and has also been named the world's second fastest-growing tyre brand. It has scored 83.2 out of 100 in brand strength and was awarded a AAA- brand rating