Page 2140 - Company News
PC shipments grow 44.5% YoY in CY2021, bolstered by remote working: IDC
Year 2022 may see softening of PC uptake due to supply constraints and pricing rise
 "PC shipments grow 44.5% YoY in CY2021, bolstered by remote working: IDC")
SC directs Amazon, Future to NCLAT for speedy disposal of CCI case
Amazon has challenged Competition Commission's order cancelling its 2019 deal with Future Coupons
 "SC directs Amazon, Future to NCLAT for speedy disposal of CCI case")
India's green energy exports to touch $500 bn in 20 years: Mukesh Ambani
The statement comes at a time when RIL has started aggressive expansion into the green energy sector with solar equipment manufacturing, green hydrogen production and energy storage
 "India's green energy exports to touch $500 bn in 20 years: Mukesh Ambani")
Butterfly acquisition a boost for Crompton Greaves Consumer's kitchen biz
The Rs 2,076 crore buy to earnings accretive from second year of acquisition
 "Butterfly acquisition a boost for Crompton Greaves Consumer's kitchen biz")
Vedanta board to consider and approve third interim dividend on March 2
The record date for the purpose of determining the entitlement of the equity shareholders for the said dividend, if declared, is being fixed as March 10, the filing said
 "Vedanta board to consider and approve third interim dividend on March 2")
India to soon become 5th largest beauty market: Nykaa chairperson
FSN E-Commerce Ventures Ltd, which runs Nykaa, had posted about 57 per cent decline in consolidated profit after tax to Rs 29 crore in the third quarter
 "India to soon become 5th largest beauty market: Nykaa chairperson")
Sweden-based IKEA India appoints Susanne Pulverer as first woman CEO
This will be the third stint in India for Pulverer, who had joined IKEA in 1997 and worked across different roles within the Ingka Group firm, IKEA said in a statement
 "Sweden-based IKEA India appoints Susanne Pulverer as first woman CEO")
Ujjivan Small Finance Bank seeks shareholders' nod to raise Rs 600 crore
The bank has already sought Sebi nod for a scheme of amalgamation to achieve the Minimum Public Shareholding (MPS)
 "Ujjivan Small Finance Bank seeks shareholders' nod to raise Rs 600 crore")
Welspun India to raise Rs 500 crore via non-convertible debentures
Welspun India is part of Welspun Group, a conglomerate that has business interests in sectors including line pipes, home textile products, infrastructure, warehousing, steel, oil and gas
 "Welspun India to raise Rs 500 crore via non-convertible debentures")
Arrivae raises Rs 75 crore in funding from Think Investments, Havells Group
The Series B funding round also saw participation from Emerge Capital and existing investors, Arrivae, backed by ace investor Rakesh Jhunjhunwala said in a statement
 "Arrivae raises Rs 75 crore in funding from Think Investments, Havells Group")
Explained: Will Ilker Ayci's appointment as Air India CEO take off?
Speculation that frosty relations between an Erdogan-led Turkey and India may interrupt the plan
 "Explained: Will Ilker Ayci's appointment as Air India CEO take off?")
India's SwaTaleem Foundation chief in Google 'leaders to watch' list
Tiwari and other awardees will each receive an unrestricted financial award of $30,000 for personal or professional development and mentorship from senior leaders at Google
 "India's SwaTaleem Foundation chief in Google 'leaders to watch' list")
Wonderchef enters diningware segment; eyes Rs 50 cr revenue in first year
The company, co-founded by celebrity chef Sanjeev Kapoor and Ravi Saxena in 2009, expects to close this fiscal with Rs 400 crore in topline (revenue), a growth of over 40 percent from FY21
 "Wonderchef enters diningware segment; eyes Rs 50 cr revenue in first year")
Seeds Fincap plans to disburse Rs 250 crore in next financial year
The company, which has operations in Uttar Pradesh, Haryana and Rajasthan with 24 branches in Tier 2 and 3 towns, completed disbursement of Rs 50 crore worth loans on Wednesday
 "Seeds Fincap plans to disburse Rs 250 crore in next financial year")
Rajnish Kumar rejects Ashneer's charges, says not stepping down from board
Amid the thickening Ashneer Grover-BharatPe saga, Chairman of the board of directors Rajnish Kumar said that Grover is only spreading lies and there is no substance in his allegations
 "Rajnish Kumar rejects Ashneer's charges, says not stepping down from board")
Pune-based Pinnacle Mobility to launch EKA brand e-buses in 2-3 months
Plans to invest Rs 2,000 crore over the next five years as it seeks to build a portfolio of EVs in the last-mile mobility segment
 "Pune-based Pinnacle Mobility to launch EKA brand e-buses in 2-3 months")
Maruti Suzuki expects sales momentum to continue with better chip supplies
Maruti Suzuki India Managing Director and CEO Kenichi Ayukawa said that the company could even reach the 2018-19 peak volume level if the chip supply remained adequate
 "Maruti Suzuki expects sales momentum to continue with better chip supplies")
LinkedIn launches Creator Accelerator Program in India; aids 200 creators
ndia is the second market to roll out the program, after its successful launch in the US in September 2021
 "LinkedIn launches Creator Accelerator Program in India; aids 200 creators")
IBM's new cybersecurity hub to train APAC companies thwart cyberattacks
IBM announced a new cybersecurity hub that will train companies in Asia Pacific (APAC) region to manage the growing threat of cyberattacks.
 "IBM's new cybersecurity hub to train APAC companies thwart cyberattacks")
IvyCap Ventures announces first close for its Fund 3 at Rs 1,608 cr
Two-thirds has been raised from existing investors. Quite a few new institutional investors including banks, insurance companies and govt depts have also participated