Page 1982 - Company News

Industry experts divided over IPL media rights being valued at Rs 48k cr

For advertisers, two separate entities bagging the TV and digital rights augur well as it would give them more options.

IPL media rights sold for Rs 48,390 cr for five years, announces Jay Shah

Shah confirmed that Viacom18 bagged digital rights with its winning bid of Rs 23,758 crore while Star India wins India TV rights with the winning bid of Rs 23,575 crore

Blockchain infra automation platform Zeeve raises $2.65 mn in seed round

Funding led by Leo Capital and Blu Ventures, proceeds to be used to bolster product development, augment tech team and enhance reach among DApp developers and global corporations

CCI approves proposed acquisition of AirAsia India by Air India

The two combined entities will have a 15.7% share of India's domestic passenger market

Top headlines: AI allowed to acquire AirAsia India; WPI inflation at 15.88%

Delhi's single-day Covid-19 infections breached the one thousand mark on Tuesday, with a positivity rate of 6.50 per cent and two fatalities, according to data shared by the health department here.

Zydus Lifesciences' chairman appointed as director in RBI's board

Zydus Lifesciences on Tuesday said its chairman Pankaj R Patel has been appointed as a part time non-official director in the central board of the Reserve Bank of India (RBl).

LIC hikes stake in Capri Global Capital to over 7% for Rs 221 cr

Acquires about 3.6 mn shares at an average price if Rs 624.61 a share

DoT ignores telcos' protest, favours 5G spectrum sale for captive networks

Enterprises setting up private captive networks may obtain the spectrum directly from the DoT, says a media report

LIC ups stake in Capri Global to over 7% with Rs 221 cr investment

LIC has increased its stake in non-banking finance company Capri Global Capital, to over 7% from 5% earlier, during the February-June period with an investment of over Rs 221 cr, LIC said

Bajaj Auto defers share buyback proposal, stock declines over 6%

Company informs stock exchanges that its board 'has decided that further deliberations are required in order to take a decision on the proposal of buyback'

PhonePe sells over 1 mn two wheeler insurance policies on its platform

Sees over 75% of overall insurance purchases from tier 2 & 3 cities

IPL media rights: Package D sold even as bidding war goes on for package C

Package C includes rights for the opening game, final match, three play-offs and weekend double headers, a total of 18-20 of the best matches of each season for the next five years

Volvo Car India sets up solar power panels at Haryana, UP health centres

Volvo Car India on Tuesday said it has set up solar power panels at community and primary health centres in Haryana and Uttar Pradesh

Mukesh Ambani's consumer empire gets a cricket spin with IPL digital rights

The spoils from the digital rights for Indian Premier League cricket, snagged by billionaire Mukesh Ambani's Viacom18 by dethroning Walt Disney & Co. for the next five years

Relocation startup HappyLocate to hire 600 employees this financial year

Tech-based one-stop relocation platform HappyLocate on Tuesday said it is planning to hire over 600 employees this financial year in line with its expansion plans

Bharti Airtel launches India's first 20-screen multiplex. In the Metaverse

Airtel's Xstream multiplex will be a 20-screen platform with access to content portfolios from leading OTT partners available on the application

Google announces startup accelerator programme for women-led startups

The Google's startup accelerator programme for women-focused founders will have two cohorts for this year and each cohort will support 20 women founders

Revival of orders to boost project business, drive gains for Siemens

Siemens' product mix, operating leverage and price hikes to help expand margins.

No plans to exit business, says Metropolis Healthcare promoters

"The company, its promoters and management team are committed to operating Metropolis Healthcare Ltd with the highest standards of medical science, stakeholder trust and customer engagement," the comp

No plans to exit business, clarify Metropolis Healthcare promoters

Metropolis Healthcare is continuously exploring various strategic options and investment