Page 1503 - Company News

CARS24 launches engineering research & development centre in Bengaluru

The AI-powered algorithms used by the centre will ensure accurate vehicle valuation, the company said

Electric two-wheeler maker Kabira Mobility secures $50 million funding

Electric two-wheeler maker Kabira Mobility on Friday said it has secured USD 50 million (around Rs 412 crore) funding from Qatar-based Al-Abdulla Group

PhonePe raises Rs 1,649 crore in additional funding from Walmart

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

WhatsApp developing a redesigned chat attachment menu for Android beta

Meta-owned messaging platform WhatsApp is reportedly working on a redesigned chat attachment menu for Android beta

Swiggy starts 'Launchpad' for restaurants at 0% first month commission

Move seeks to encourage restaurants new to the platform to see online food delivery as an incremental growth channel. Restaurant partners can save up to Rs 20,000 on commissions, other benefits

HDFC board to consider raising funds by NCDs on Mar 27 worth Rs 57,000 cr

Mortgage lender HDFC Ltd on Friday said its board would consider raising funds through non-convertible debentures (NCDs) in tranches aggregating to Rs 57,000 crore

With a 38% jump, India's M&A activity touched all-time high in 2022

Outbound M&A activity increased 31.6% year-on-year to hit $9.8 billion

Zee Entertainment calls report of $10 million repayment 'speculative'

In a report on Thursday, Bloomberg said that the media company has agreed to repay its dues to the IndusInd Bank to resolve insolvency proceedings against it

Delhi HC grants bail to Shakti Bhog Foods' CMD in money laundering case

The Delhi High Court granted bail to Kewal Krishan Kumar, Chairman & Managing Director of the Delhi-based Shakti Bhog Foods Limited, in a money laundering case

India's smart home security camera market shipment grow 44%, Xiaomi leads

India's smart home security camera market shipments experienced 44 per cent (on-year) growth in 2022, a report has said

Cola war looms as Campa returns; distributors fear for their margins

In an announcement last week, Reliance Consumer Products launched Campa with three flavors: cola, lemon, and orange. The drinks have been launched in Andhra Pradesh and Telangana

Vinod Adani part of promoter group of various listed firms: Adani Group

This comes after questions were raised about his status following short-seller Hindenburg Research naming him prominently in its January report

Apple to open US-style flagship retail outlet in Mumbai next month

This store would be a part of Reliance Industries' premium Jio World Drive mall, while the store in Delhi will be a part of the Select Citywalk mall in Saket

A quarter or two might be tough, but growth will be back: TCS CEO designate

Rajesh Gopinathan, the outgoing TCS CEO, said that Krithivasan was chosen by the board and Tata Group chairman N Chandrasekaran

How does outgoing TCS CEO Gopinathan's salary compare to other IT execs?

TCS CEO Gopinathan resigned on March 16 and will be replaced by company veteran K Krithivasan

DLF's luxury high-rise witnesses pre-launch sales of more than Rs 8,000 cr

Real estate major DLF has witnessed a record breaking pre-formal launch sales of more than Rs 8,000 crores for its luxury high-rise ;The Arbour' project in just 3 days

Boat elevates Vivek Gambhir as Chairman; co-founder Sameer Mehta new CEO

Earwear brand Boat on Thursday said it has elevated CEO Vivek Gambhir to Chairman of the company

JP Morgan revises Reliance Industries stock target price, sees 33% uptick

The brokerage said it sees continued strength in the refining business, a likely rebound in petrochemical spreads from decadal low levels from China re-opening

Further paring of stake will remain an overhang for Samvardhana Motherson

Given the Japanese company's remaining stake in SAMIL and 25.34 per cent stake in Motherson Sumi Wiring India, investors will keep an eye on the continued participation of the joint venture partner

ED knocks at the door of Franklin Templeton execs, conducts searches

Sebi in 2021 barred firm from launching new debt schemes for violating norms in winding up of 6 debt schemes