Page 2127 - Company News

DD India joins hands with Yupp TV to expand its global reach

DD India will now be available to its viewers through an OTT platform in several countries, including the US, UK and Australia, to put forth India's perspective on various international developments

Hero Electric, SUN Mobility to deploy 10k e-bikes with swappable battery

Hero Electric on Monday said it has partnered with SUN Mobility to deploy 10,000 electric two-wheelers with swappable battery technology.

JSW Group arm invests $5 mn in personal care products firm Cureskin

JSW Ventures, an arm of Sajjan Jindal-led JSW Group, on Monday said it has led a USD 5-million investment in beauty and personal care products firm Cureskin

Skill-Lync ties up with Renault Nissan Tech to train, upskill professionals

Education technology start-up Skill-Lync on Monday said it has partnered with Renault Nissan Technology & Business Centre India (RNTBCI) for training and up-skilling of professionals

JSW Energy signs PPA with 35-yr validity with Haryana Power Purchase Centre

JSW Energy on Monday announced signing a power purchase agreement (PPA) with Haryana Power Purchase Centre (HPPC) for the supply of 240-megawatt hydro power.

Zydus gets DCGI nod for drug to treat anaemia linked with kidney disease

Zydus Lifesciences on Monday said it has received an approval from the DCGI for Oxemia (Desidustat), a first-of-its-kind oral treatment for anaemia associated with chronic kidney disease

Sequoia Capital, Saudi's STV lead $54 mn funding for gulf fintech Tabby

Capital India and Saudi venture capital firm STV led a $54 million funding round for Tabby, the Middle East's largest buy-now, pay-later provider, as demand fintech solutions booms.

India approaching US over ONGC Videsh taking Venezuelan oil cargoes: CEO

CEO of ONGC Videsh on Sunday confirmed talks between India and the US State Department are underway to allow the company to settle past debts by trading Venezuelan oil cargoes

Marks & Spencer, H&M eye a big slice of India's home decor market

H&M will first sell its home decor items on its online site and on Myntra, and later launch its collection at its existing store at Ambience Mall, Vasant Kunj in Delhi

Skoda set to play part in India green mobility space, mulls EV launch

The automaker, which is witnessing a turnaround in its domestic business, however, has no plans to get into the CNG space in the immediate future

India Inc busy with back-to-office drill as Covid-19 cases decline

Employees are returning to offices, but many companies are continuing to offer the remote, flexi-work option

Amul expects 18% growth in turnover nearing Rs 46,000 cr this fiscal

India's leading dairy cooperative GCMMF, which markets dairy products under Amul brand, is expecting an 18% growth in turnover this fiscal year to around Rs 46 bn on better demand, said MD RS Sodhi

Coal India subsidiary BCCL's output up by record 61% in February to 3.24 mt

Coal India's subsidiary BCCL has posted a record 61% growth in its production to 3.24 million tonne (mt) in February this year over the corresponding month last fiscal, a company statement said

Braithwaite bets on domestic demand due to Russia-Ukraine war

The PSU under the Ministry of Railways was negotiating with Ukraine to secure an order of 5,400 wagons, the largest export bid for the company

Fintech Ezetap looks to hike revenue 5-fold to Rs 750 crore by 2024

The company provides software for financial technologies, including point of sales solutions, billing, loyalty solutions etc and sells solutions directly to enterprises like Amazon, Flipkart, Airtel

Robust SUV line-up necessary to maintain dominance in PV segment: Maruti

MSI Senior Executive Director (Marketing and Sales) Shashank Srivastava said if the company needs to attain its overall objectives in the market, it has to do well in the SUV segment

Selling shares during talks to Panama Papers: The story of Cairn retro tax

Govt last month refunded about Rs 79 bn it collected from selling residual shares of the British firm in its erstwhile India unit, seizing dividend and withholding tax refunds to settle 8 yr dispute

SBI, others in race to buy loan portfolio of Tata Motors' finance units

Shareholders of two lending companies clear plans to sell loan assets up to Rs 14,500 crore.

GST body finds more instances of tax fraud at fintech firm BharatPe

Bharatpe, In October 2021, had accepted it had issued invoices to non-existent vendors and paid about Rs 11 crore, in dues and penalty, to the tax department

Vodafone Idea promoters amend shareholder pact to protect governing rights

Move follows proposed issuance of equity to central govt via conversion of interest payment