Page 2217 - Company News
Nokia, Tech Mahindra partner for 5G-based solutions for enterprises
Finnish telecom gear maker Nokia and Tech Mahindra have joined hands to deploy 5G-based solutions for business organisations, according to a joint statement by the two companies
 "Nokia, Tech Mahindra partner for 5G-based solutions for enterprises")
Reforms helped investor concerns; to continue fundraising plans: VIL CEO
The slew of reforms announced by the government have helped assuage investor concerns in the sector, and Vodafone Idea expects to continue its fundraising plans, VIL CEO Ravinder Takkar said.
 "Reforms helped investor concerns; to continue fundraising plans: VIL CEO")
NFTs of Ranveer Singh-starrer cricket movie '83' hit collectibles market
The NFTs sold by the Swig platform are a mix of digital and phygital that seek to appeal both to Bollywood and cricket fans, and to NFT collectors and enthusiasts globally
 "NFTs of Ranveer Singh-starrer cricket movie '83' hit collectibles market")
Kalpataru Power raises Rs 200 cr via issuing non-convertible debentures
Kalpataru Power Transmission Ltd on Wednesday said it has raised Rs 200 crore through the issuance of non-convertible debentures (NCDs).
 "Kalpataru Power raises Rs 200 cr via issuing non-convertible debentures")
Philips sees Q4 earning dipping 40% due to part shortage, ventilator recall
Philips on Wednesday said it expected fourth-quarter core profit to drop around 40% to about 650 million euros ($739.25 million)
 "Philips sees Q4 earning dipping 40% due to part shortage, ventilator recall")
English learning platform Freadom raises $2.5 mn from Capital A, others
Freadom equips children to learn to read in English in any country where it is an aspirational second language, via its recommendation engine.
 "English learning platform Freadom raises $2.5 mn from Capital A, others")
Earned wage access platform Refyne raises $82 mn in Series B funding round
A study reported that 81 per cent of employees face a liquidity crunch between pay cycles. Refyne aims to address that problem.
 "Earned wage access platform Refyne raises $82 mn in Series B funding round")
Govt has no intention to run Vodafone Idea, says telecom firm's CEO
The government will own 35.8 per cent in the financially-stressed firm that has agreed to convert interest on deferred statutory dues.
ToolJet raises $1.5 mn in seed funding round led by Nexus Venture Partners
The company intends to use the funding for team expansion to accelerate the development of the core platform of ToolJet
Neobank Kaleidofin raises $10 million in series B round of funding
The latest fundraise takes the total funds raised by Kaleidofin till date to $18 million
 "Neobank Kaleidofin raises $10 million in series B round of funding")
Citi to exit Mexican consumer business as part of strategy revamp
Citigroup Inc will exit its Citibanamex consumer banking business in Mexico, the bank said on Tuesday ending its 20-year retail presence in the country
 "Citi to exit Mexican consumer business as part of strategy revamp")
Hindalco's subsidiary Novelis to build aluminium recycling plant in US
Once the facility become fully functional, it is likely to generate 140 new jobs in Kentucky.
 "Hindalco's subsidiary Novelis to build aluminium recycling plant in US")
Elon Musk-led Tesla sells 70,847 China-made vehicles in Dec: Report
Elon Musk-owned electric vehicle company Tesla has sold a record 70,847 China-made vehicles in December, says a new report.
 "Elon Musk-led Tesla sells 70,847 China-made vehicles in Dec: Report")
L&T's arm dispatches mega tubular reactors to overseas plants
This was a repeat order after four identical reactors were supplied by L&T to the same client in 2020, during the first wave, the company said
 "L&T's arm dispatches mega tubular reactors to overseas plants")
Supreme Court reserves verdict on pleas of Future group companies
Amazon had dragged Future Group to arbitration at SIAC in October last year, arguing that FRL had violated their contract by entering into a deal with rival Reliance Retail
 "Supreme Court reserves verdict on pleas of Future group companies")
Vodafone Idea dues conversion will free up money to pay lenders
A top executive at a private bank said the money that was going towards paying government dues would stay in the books and should be used for loan payment
 "Vodafone Idea dues conversion will free up money to pay lenders")
Boeing airliner sales jump but deliveries lag rival Airbus
Boeing said Tuesday that it delivered 38 commercial planes in December and 340 for all of 2021
 "Boeing airliner sales jump but deliveries lag rival Airbus")
Telecom companies push for 90-95% cut in base price of 5G spectrum
Telcos seek easy payment terms of 20-25 years, with 5-6 years of moratorium
 "Telecom companies push for 90-95% cut in base price of 5G spectrum")
Fantasy sports firms contribute biz worth Rs 3,000 cr: Dream Sports CEO
During the IAMAI Digital Summit, Dream Sports co-founder and CEO Harsh Jain said the company is looking to invest in start-ups and anything that makes sports better
 "Fantasy sports firms contribute biz worth Rs 3,000 cr: Dream Sports CEO")
JSW Steel says group's combined output grows 28% to over 5 MT in Oct-Dec
JSW Steel is the flagship business of the diversified $13 billion JSW Group
 "JSW Steel says group's combined output grows 28% to over 5 MT in Oct-Dec")