Page 2214 - Company News

Sugar Cosmetics' parent company picks up majority stake in ENN Beauty

Deal value not disclosed. With it, ENN Beauty will be able to leverage a digital audience of over 50 mn as it ramps up its retail presence to over 100 outlets by next fiscal

LEAD becomes first edtech unicorn of 2022, raises $100 mn in Series E round

The company plans to use the proceeds to achieve its vision of providing quality affordable education to more than 25 mn students with an annual revenue run-rate of $1 bn

Group Meeran invests Rs 4.5 cr in online logistics company ShipNext

ShipNext has launched 'WeTruck' and 'WeTruck Partner,' which claim to be India's first mobile applications for long-haul logistics customers and service providers

2 bn units of renewable energy procured for aluminium smelter: Vedanta

Vedanta on Thursday said it has procured about 2 billion units of renewable energy through power exchanges for its aluminium smelter located in Jharsuguda, Odisha.

HFCL chooses CommAgility as its key technology partner

HFCL is investing in building a complete portfolio of products for 5G Radio Access Network and 5G Transport

Health-tech company HCAH raises Rs 112 cr from ABC World Asia

HCAH will use this investment to build presence in physical rehabilitation and recovery space through its service range of home ICU, in-patient rehab in transition care centres, digital and home rehab

NCLAT to hear Amazon plea challenging CCI order in Future deal on Feb 2

The appellate tribunal has directed the Competition Commission of India and FCPL to file their reply in next 10 days and Amazon to file a rejoinder over it.

TVS Motor Company, Swiggy join hands for food delivery on electric vehicles

TVS said in a statement that the partnership highlights its commitment to strengthen electrification across diverse mobility segments

Yara and Lantmaennen to launch 'fossil-free' fertilisers in Sweden

Norway's Yara and Sweden's Lantmaennen will next year introduce products that could eventually become the world's first fossil-free nitrogen fertilisers, the companies said

Apple's 2021 sales in South Korea soar 24% to top $5.97 billion

Apple Korea's sales jumped 24 per cent on-year to hit $5.97 billion last year, a new data showed on Thursday

ORAI raises Rs 6.5 crore in pre-series A funding round led by IPV

ORAI is a platform that offers customers end to end platform + solution + service.

Chip firm TSMC Q4 profit rises 16.4% to a record, beats market forecasts

TSMC posted a 16.4% rise in quarterly profit to a record, thanks to robust global demand for semiconductors

PointOne Capital announces final close of its maiden Rs 50 crore fund

The fund has onboarded Silicon Valley and India-based entrepreneurs, CXOs and seasoned corporate, startup leaders and mid-sized family offices as its LPs

Why Tata Group is going for IPL branding?

Tata Group's debut into the Indian Premier League comes at a time when the 100-year-old company is increasing its digital footprint. So, is the googly meant to startle the young crowd? We find out

Indian IT leaders TCS and Infosys confident on digital services growth

By Sethuraman N R and Sankalp Phartiyal

Timex Group gets manufacturing rights for Guess & Gc watches in India

This partnership will allow Timex Group India to expand its business through the distribution of style-driven product assortments to its fashion-focused customer base

Adani Group, POSCO sign agreement to develop steel mill in Gujarat

The investment is estimated to be up to $5 billion, according to the statement.

Wipro Q3 net profit flat at Rs 2,969 cr YoY, up 1.3% sequentially

Revenue for the quarter at Rs 20,311 crore was up 29.6 per cent YoY and and 3.3 per cent sequentially

Govt puts brakes on CEL privatisation after employees union goes to court

The transaction was scheduled to be completed by March 2022

Macro factors have spooked Paytm's market performance: Vijay Shekhar Sharma

Sharma indicated that he would have bought more shares of Paytm if he could as it was trading cheaply