Page 2147 - Company News

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

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

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

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)

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

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

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

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

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

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

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

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

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

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

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.

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

Jio launches two new prepaid packs with Disney+ Hotstar premium plans

The new Rs 1,499 plan lets users enjoy a 1-Year Disney+ Hotstar Premium subscription, along with 2 GB data per day, 84 days validity, unlimited voice, 100 SMS per day and subscription to Jio Apps

Zydus gets regulator nod to market generic diabetes drug in American

Zydus Group on Wednesday said it has received final approval from the US health regulator to market diabetes medication Dapagliflozin tablets in the American market.

Ford recalls 330,000 Mustangs in US to fix rear camera problem

Ford is recalling more than 330,000 Mustangs in the US to fix backup camera displays that go blank or become distorted.

Truecaller records sales growth of 111% to $42 mn in December quarter

The caller identity verification company also recorded a profit after tax of $15 million in Q4 compared to a loss of $930,000 in the year-ago period