Page 1920 - Company News

Everybody looking for China Plus One options, says Godi India CEO

'We are in the process of closing around $40 million and also working to raise $150 million', said Mahesh Godi

Ashok Leyland tie up with Adani Capital for strategic financing partnership

Adani Capital will work towards catering to the customers' needs through CV loans with easy monthly repayment plans, best suited for customers

India's preventive healthcare market projected to touch $197 bn by 2025

India has traditionally focused on curative care as opposed to preventive care

HUL MD Mehta, UP CM Adityanath inaugurate detergent unit in UP's Sumerpur

HUL CEO Sanjiv Mehta and UP Chief Minister Yogi Adityanath virtually unveiled the spray dried detergent factory and co-located distribution centre

Apple's vendors create 30,000 new jobs under PLI scheme in India

Achieve 25% of the target of generating 120,000 new jobs under PLI scheme in just over a year

Irdai gives indicative premium growth targets to non-life insurers

The regulator's aim is to increase non-life penetration to 2.5% from the current 1%

Online retail may hit Rs 4.9-trillion GMV this year: RedSeer report

In the India e-tailing GMV Index, there is a monthly growth comparison. In 2022, this was 60 per cent higher in April than April 2021

43% of India Inc's foreign exchange revenue comes to IT companies

The companies that have published their forex transaction for FY22 account for nearly 65 per cent of such earnings in the sample

'A true gentleman': TCS condoles demise of former CFO V Ramakrishnan

V Ramakrishnan was the CFO of TCS since 2017 and retired from the position in April 2021

Gland Pharma faces a revenue growth hurdle in FY23; stock falls

The low margin syringes business was impacted by supply chain challenges and shutdown of two manufacturing lines in the domestic market

Tata group firms in talks with banks to raise funds for Rs 60K capex plan

Focus is on EVs, renewable energy for new investments

Edtech startup Creative Galileo raises $7.5 million in Series A funding

The latest round brings Creative Galileo's total funding to $10 million, including a pre-series A round of $ 2.5 million announced in October 2021

Murugappa Group's Tube Investments diversifies into electronics biz

The company said in a statement that it has identified electronic products and components as a growth sector

SAT relief for news broadcaster NDTV, fine slashed to Rs 10 lakh

The tribunal also slashed penalties imposed by the market regulator terming them 'excessive'

Explained: Will O-RAN disrupt the way 5G networks roll out in India?

The concluding part of the series explains how uncertainty around open radio access network technology stems from its mostly untested status

Equity fund-raising through QIP slumps over 80% to Rs 5,039 crore

Slumps over 80%; titans of India Inc in wait-and-watch mode to see how economy navigates a torrent of headwinds

JSW Energy net profit jumps 179% to Rs 560 crore on higher revenue

In the quarter under review, revenue rose 68 per cent year-on-year (YoY) to Rs 3,115 crore from Rs 1,860 crore last year

Walmart's PhonePe to move headquarters from Singapore to India: Report

The e-commerce firm continues to be its biggest shareholder. As per the last fundraise of USD 700 million, about Rs 5,172 crore, PhonePe was valued at USD 5.5 billion

Not able to move forward in probe against WhatsApp, FB: CCI tells Delhi HC

A senior lawyer appearing for Facebook India urged the court to defer the hearing on the appeal, saying that the case involves issues of significance

ITC launches super app 'ITCMAARS' to boost agricultural business

The app has been launched in seven states with over 40,000 farmers grouped in 200-plus farmer produce organisations (FPOs) under four value chains - wheat, paddy, soya, and chilli