Page 2123 - Company News
EV public charging point player CHARGE+ZONE eyes $100 million fund raise
Having set up 20 such EV charging points across 1,000 km on some national highways, the firm is now looking to cover over 10,000 km in the country
 "EV public charging point player CHARGE+ZONE eyes $100 million fund raise")
BharatPe enters gold loan segment; eyes disbursals of Rs 500 cr this year
For launching gold loans, BharatPe has partnered with a few NBFCs, and will be offering loans of up to Rs 20 lakh against gold pledge
 "BharatPe enters gold loan segment; eyes disbursals of Rs 500 cr this year")
Retail business registers 10% growth in February this year, says RAI
Retail businesses across regions have indicated growth in February 2022, with sales in West India growing 16 per cent against the same month last year: RAI
 "Retail business registers 10% growth in February this year, says RAI")
Tata Sons chairman Chandrasekaran takes pilot seat till Air India gets CEO
Tatas took charge of Air India on January 27. Since then, the airline has been without a designated chief
 "Tata Sons chairman Chandrasekaran takes pilot seat till Air India gets CEO")
'BTS Permission to Dance' garners highest ticket price in PVR theatres
PVR expects 3-4 per cent of its revenues from alternative content in the next two to three years
 "'BTS Permission to Dance' garners highest ticket price in PVR theatres")
Two-wheeler companies target nine-fold increase in electric vehicles
Top Indian two-wheeler companies are ramping up new capacity to hit over six million per annum by the calendar year 2023 to meet the anticipated demand for electric vehicles
 "Two-wheeler companies target nine-fold increase in electric vehicles")
Former Ola chief operating officer Gaurav Porwal joins Tata Digital
He was a few years senior to Ola founder Bhavish Aggarwal in IIT Bombay and joined the company in 2019
 "Former Ola chief operating officer Gaurav Porwal joins Tata Digital")
Sebi levies Rs 7 lakh fine on Jaypee Infratech for disclosure lapses
Markets regulator Sebi on Monday imposed Rs 7 lakh fine on Jaypee Infratech Ltd for disclosure lapses.
 "Sebi levies Rs 7 lakh fine on Jaypee Infratech for disclosure lapses")
Ukraine impact: India's private banks may feel the heat from weak macros
Analysts though have 'buy' recommendations on most private banks
 "Ukraine impact: India's private banks may feel the heat from weak macros")
DLF to invest Rs 550 cr to construct 1-mn-sqft office building in Chennai
Realty major DLF announced an investment of around Rs 550 crore to construct a one-million-square-feet office building for Standard Chartered Global Business Services' largest campus globally.
 "DLF to invest Rs 550 cr to construct 1-mn-sqft office building in Chennai")
Sebi slaps Rs 5 lakh penalty on Future Enterprises over disclosure norms
Regulators order says it was not possible to quantify amount of disproportionate gain or unfair advantage or loss to investors due to firm's failure to make timely disclosures
 "Sebi slaps Rs 5 lakh penalty on Future Enterprises over disclosure norms")
RBI letter to Paytm Bank does not talk about data access: Vijay Shekhar
RBI in its letter to Paytm Payments Bank has not mentioned anything about data access but has asked the company to carry out an audit from a third party, a top official of the company said on Monday.
 "RBI letter to Paytm Bank does not talk about data access: Vijay Shekhar")
Ruchi Soya spurts 20%, hits upper limit on Rs 4,300 crore FPO announcement
FPO is being launched to meet the 25% minimum public shareholding (MPS) norm. Promoter shareholding is currently 98.9%
 "Ruchi Soya spurts 20%, hits upper limit on Rs 4,300 crore FPO announcement")
N Chandrasekaran, Tata Sons chief, appointed as chairman of Air India
Tata Sons is yet to appoint the chief executive officer and managing director (CEO&MD) of Air India
Amazon Business starts its first 'End of Financial Year Sale' in India
The sale aims to empower MSMEs by providing over 15 crore GST (goods and services tax) enabled products across top categories at exciting prices.
 "Amazon Business starts its first 'End of Financial Year Sale' in India")
Ola Electric to open next purchase window for S1 Pro scooter on Mar 17, 18
The Bengaluru-based company said it is also bringing an exclusive special edition colour 'Gerua', in a beautiful glossy finish
 "Ola Electric to open next purchase window for S1 Pro scooter on Mar 17, 18")
Persistent Systems to acquire US cloud player MediaAgility for $71.71 mn
With 500 staff in US, Mexico, UK and India, MediaAgility has 31 Google Cloud Partner Expertise designations, 330 Google Cloud certifications, seven Google Cloud partner specialisations
 "Persistent Systems to acquire US cloud player MediaAgility for $71.71 mn")
Reliance New Energy to acquire assets of Lithium Werks for $61 mn
Incorporated in 2017, Lithium Werks is a cobalt-free lithium battery technology and manufacturing company, with operations in the US, Europe and China and customers worldwide
 "Reliance New Energy to acquire assets of Lithium Werks for $61 mn")
Walmart-owned Myntra launches one-of-a-kind 'Teens Store' on its platform
The store will offer over 20,000 styles from more than 100 domestic and international brands, specific to teen fashion
 "Walmart-owned Myntra launches one-of-a-kind 'Teens Store' on its platform")
Piramal Pharma ropes in Ajay Devgn for skin-care brand Tetmosol
Piramal Pharma on Monday said its consumer products division has roped in Bollywood actor Ajay Devgn for its flagship brand Tetmosol.
 "Piramal Pharma ropes in Ajay Devgn for skin-care brand Tetmosol")