Page 1837 - Company News

Tier-II Indian cities emerge as major realty growth engines: PropEquity

Report by the firm cites surge in absorption and supply of quality residential properties across price brackets in Ahmedabad, Vadodara, Nashik, Gandhi Nagar and Jaipur

Matrimony.com launches app catering to India's LGBTQIA+ community

Matchmaking site Matrimony.com Ltd has launched a new app catering to the members of the LGBTQIA+ community, the company said

ByteDance lays off hundreds of employees from video gaming vertical: Report

ByteDance is also reportedly slashing jobs at Jiangnan Studio, its game development studio in Hangzhou district

Flipkart forays into hospitality sector, launches hotel booking feature

Backed by Cleartrip's API, Flipkart Hotels will benefit from Cleartrip's deep understanding of travel customers and sectors

SoftBank plans $35 million bet on India's GoMechanic, says report

SoftBank has for years been a prominent backer of Indian startups, investing close to $4 billion last year alone, according to data from Venture Intelligence

Fintech platform GroMo raises $11mn in series A led by SIG Venture Capital

Other investors include Y-Combinator, Das Capital, Goodwater Capital, Beyond Next Ventures, Soma Capital, Ace & Company, Hauz Khas Ventures and a host of angels

Micro-blogging site Koo clarifies it laid off 15 employees, not 40

Homegrown micro-blogging platform Koo on Tuesday said that it has laid off 15 employees, or 5 per cent of its workforce, and not 40 as earlier reported in the media

Fintech start-up FinAGG raises $3mn in funding to expand business

Company seeks to gain from increasing global supply chain financing volumes

Made in India iPhones to be 5-7% of Apple's global supply this year

As Apple gears up for the launch of iPhone 14 on September 7, its plants in India are also gearing up to manufacture more of these phones to contribute more to Apple's global supply

B2B food processing start-up Suite42 raises $4.3 mn in seed funding

Suite42 says its technology helps clients to make fair price discovery, reduce processing cost

Will Reliance's FMCG entry be another Nirma moment?

Reliance Industries' entry in the FMCG sector will heat up competition in the space dominated by the likes of HUL, ITC, Nestle India and Patanjali. Will Reliance be a disruptor in this segment too?

Binesh Kumar Tyagi takes over as CMD Shipping Corporation of India

Under Ministry of Ports, Shipping and Waterways, SCI is the largest shipping company in India

REC seeks shareholders' nod to raise up to Rs 75,000 cr via bonds

The annual general meeting (AGM) of shareholders is scheduled for September 16, 2022

Sameer Khetarpal joins Jubilant FoodWorks as CEO, managing director

During his 25 year-long career, he has worked in e-commerce and management consulting

Reliance Power, subsidiary to raise up to Rs 1,200 cr from Varde Partners

Debt will be used for settlement and discharge, acquisition and restructuring of financial instruments, says company

Tata Motors rolls out India's first CNG-powered truck in M&HCV segment

The CNG models are powered by the 5.7-litre SGI engine generating peak power of 180hp and torque of 650Nm, come with a modular architecture and offer a range of up to 1,000 km

HOP Electric to establish 60-acre EV park in Neemrana: CEO Mehta

Company will raise money for the project by taking debt and through equity sale, he says

Ford India offers final severance package for Chennai unit employees

It is on average equivalent to 130 days of gross wages per completed year of service, firm says

Intense competition may shrink margins of gold loan firms, says S&P

Manappuram, Muthoot not facing refinancing challenge yet

HAL-L&T consortium bags Rs 860-crore Isro contract for five PSLVs

Isro has been providing satellite launch services since 1990 through the PSLV, launching 319 customer satellites from 33 countries