Page 2079 - Company News

PhonePe plans to fill 2800 positions in 12 mths, to hire across functions

The Walmart-owned fintech firm is focused on doubling employee strength to about 5400.

IndiGo co-founder Rakesh Gangwal pledges Rs 100 cr to alma mater IIT Kanpur

The funds would be invested in establishing the School of Medical Sciences and Technology on the IIT Kanpur campus.

Meesho integrates grocery with core application; rebrands Farmiso

Meesho Superstore currently provides 500 products across categories like fresh fruits, vegetables, groceries, home care, and packaged food.

HDFC Bank and mortgage lender HDFC Ltd to merge

The merger is expected to be completed by Q2/Q3 of FY24

HDFC Bank and mortgage lender HDFC Ltd to merge

The merger is expected to be completed by Q2/Q3 of FY24

Tata Power Solar commissions 160 MW solar project in Rajasthan

Tata Power Solar has commissioned a 160 MW AC solar project at Jetstar in Rajasthan.

Anarock buys 75% stake in coworking marketplace myHQ for Rs 125 cr

myHQ, which is headquartered in Delhi-NCR, currently has over 50,000 subscribed members across 700+ spaces in seven cities

Manipal HealthMap acquires Hyderabad-based Medcis PathLabs in all cash-deal

Through this acquisition, Manipal HealthMap will have access to additional 19 laboratories, including one NABL accredited central laboratory in Hyderabad.

Meesho to integrate grocery biz in core app, scale to 12 states this year

The company expects to complete the integration of the grocery business by the first week of May and will rebrand it from Farmiso to Meesho Superstore.

Tata Housing plans Rs 1,200 crore investment for premium housing

Tata Housing plans to invest around Rs 1,200 crore over the next two years to acquire land outright and through joint ventures across major cities to develop group housing projects

Dell Technologies India business grew 64% in year ended December 2021

Dell Technologies India registered a record annual business growth of 64 per cent in the financial year ended December 2021, a senior company official said on Tuesday.

How life has come full circle for Deepak Parekh?

Monday morning kicked-off with the news that HDFC Ltd was merging with HDFC Bank. Deepak S Parekh, who oversaw the merger, is a relieved man now. Find out more about the 77-year-old industry veteran

India Inc likely to see robust Q4 nos despite input cost pressure: Analysts

The next two quarters, according to analysts at Motilal Oswal Securities, are likely to see a sharp margin impact and corporate commentaries will worsen before they get better

Top headlines: HDFC-HDFC Bank mega merger, India's export boom explained

The Centre may increase the allotment of its shares in the IPO of LIC. More on that and other stories in our top headlines this morning.

IndiGo flight makes emergency landing at Nagpur due to 'technical snag'

An IndiGo Nagpur-Lucknow flight returned to the origin after take-off following a suspected momentary technical snag, said the airline on Monday.

First close of Venture Catalysts-backed Beams Fintech Fund at Rs 270 cr

Beams has a target corpus of $100 million; will primarily back fast-growing fintech firms in their Series B & C rounds

IOC, L&T, ReNew announce joint venture for India green hydrogen business

IndianOil and L&T to form separate JV to manufacture and sell electrolysers.

HDFC Bank writes to RBI, seeks approval to hold 50% stake in HDFC Life

Lender wants either be allowed to hold a 47.82 per cent stake HDFC Ltd in the insurer or buy additional stake in the company from the market

LIC IPO: Govt may increase allotment size to align offer with Sebi's rules

The market regulator has approved LIC's updated draft red herring prospectus (DRHP), paving the way for the Centre to file the red herring prospectus (RHP) for India's biggest IPO.

HDFC twins merge in $40-bn deal; amalgamation may take 15 to 18 months

The country's largest housing finance company and the biggest private sector bank announced that their boards have approved an all-stock amalgamation of HDFC Ltd into HDFC Bank