Page 2069 - Company News

Rario raises USD 120 mn from Dream Capital, Alpha Wave Global

With Dream Capital's investment, Rario will get access to 140 million users of Dream Sports

Nestle Q1 growth beats expectations thanks to strong price increases

Nestle group sales reached 22.2 billion Swiss francs, versus a 21.7-billion-franc estimate in the poll.

Indian SaaS to reach $100 bn in revenues by 2026, surpass China: Report

Continued momentum in the creation of SaaS unicorns will propel India to surpass China and become the 2nd largest SaaS nation in the world, says report

Amazon-Future case: CCI filing may hinge on power to revoke order

Amazon during the argument questioned the CCI order, arguing it did not have power to suspend or place its own order in abeyance

India's March domestic air passenger traffic increases over 36% YoY

Pent-up demand and accelerated economic recovery also pushed the air passenger numbers higher during the month under review

Record number of companies registered in FY22 despite Covid

Showing resilience India has registered 1.67 lakh companies in the financial year 2021-22 (April-March), according to a report by Ministry of Corporate Affairs (MCA)

Tripura govt launches new industrial investment promotion scheme

"Under this scheme, various subsidies would be provided to companies and Self Help Groups for setting up industries in the state," Tripura Chief Minister Biplab Kumar Deb said

Giving wings: Tatas to offer ESOPs to Air India staff to boost productivity

Air India's rivals IndiGo and SpiceJet offer ESOPs to their employees

For LIC IPO, govt may ask regulators to ease new norms on investments

May ask Sebi and RBI for relaxing rules regarding anchor lock-in, Rs 1-crore cap on IPO financing

Coal shortage, high prices may benefit Coal India, Neyveli Lignite

User industries like metals, cement as well as merchant power producers without captive coal mines likely to feel the heat

IndiGo ramps up hiring across roles in growth push, starts culture training

Inducts trainee pilots after gap of two years

Pantomath Group launches Rs 500 cr pre-IPO fund in maiden closed-end series

The fund has garnered 25% of target corpus. Simultaneous to the first closing, the fund has confirmed to have made its first investment as well

Future Retail holds shareholders' meeting to approve sale to Reliance

The meetings have been vehemently opposed by US-based e-commerce giant Amazon, which is contesting FRL's deal with RRVL

Tata Steel to stop doing business with Russia after 'conscious decision'

It is the latest global company to cut ties with the country for invading Ukraine.

Supertech Insolvency: Lender asks for definite upfront payment of dues

The bank on whose application the NCLT decided to initiate insolvency resolution proceedings against Supertech Ltd has made the submissions before appellate tribunal NCLAT

HDFC to sell 10% stake in HDFC Capital Advisors to ADIA for Rs 184 cr

HDFC Capital is a wholly owned subsidiary of HDFC and is in the business of managing private equity funds focused on the real estate sector in India.

Indian drug firms get a shot in the arm in $12-bn Australian drug market

India has over 750 USFDA approved plants and over 4000 products which are approved by either the US or EU or any other stringent regulator.

Netflix says user engagement up in India even as global subscribers log out

The fall worldwide was the first in over a decade, though the streaming service was making good progress in APAC, it said

Tata Consultancy Services head doubles down on $50-bn revenue target

Since April 1, TCS has changed its organisational structure to align with its strategy of focusing on the growth and transformation agenda.

Adani Group commits to invest Rs 10,000 cr in Bengal over next decade

Group company Adani Wilmar currently has an edible oil plant in Haldia