Page 2230 - Company News

SJVN gets category 'I' licence for inter-state trading of electricity

State-owned SJVN Ltd said it has been given category 'I' licence for the inter-state trading of power in the entire country by the Central Electricity Regulatory Commission

Paytm records over four-fold jump in loan disbursals in Oct-Dec 2021

Paytm disbursed 44 lakh loans worth Rs 2,180 crore during the quarter

Cargill opens innovation centre for developing solutions for F&B market

The innovation centre will have 27 food specialists/scientists

3rd Covid wave to delay multiplexes' revenue recovery by 5 months: Report

However, once the restrictions are lifted, the pace of recovery is expected to be sharp, says Crisil Ratings

Amazon moves SC challenging HC stay on arbitration with Future: Report

According to sources familiar with the development, the special leave petition challenging the Delhi High Court order has been filed in the apex court

MG Motor India electric vehicle sales up 145% to 2,798 units in 2021

MG Motor India EV sales spiked 145 per cent to 2,798 units in calender year 2021 amid a gradual shift towards electric vehicles in the country, the company said on Monday

Top headlines: Amazon moves SC on Future case; Rajnath tests Covid positive

Business Standard beings you top headlines on Monday

Cars24 launches its second-largest mega refurbishment lab in Bengaluru

The massive facility located in Kambalipura Village, Karnataka is spread over 105,000 sq ft and will refurbish over 80 cars daily

Agri-tech firm Samunnati's gross transactions cross Rs 10,000 crore

50% of the GTV came during the past 18 months. Samunnati said its vision is to make markets work for smallholder farmers and make agri value chains operate at a higher equilibrium

Suzuki Motorcycle rolls out 6 millionth unit from Gurugram facility

Suzuki Motorcycle India on Monday said it has rolled out six millionth vehicle from its Gurugram-based manufacturing facility.

Foxconn to resume operations at TN plant; facility under probation by Apple

Apple supplier Foxconn said it has implemented a range of corrective actions and will start bringing back team members gradually to the Sriperumbudur factory

Edelweiss group partners Indian Bank for co-lending to priority segment

Diversified financial group Edelweiss on Monday said Edelweiss Housing Finance Ltd and ECL Finance Ltd have entered into co-lending partnership with Indian Bank for lending to priority sector areas.

Alembic Pharmaceuticals gets USFDA nod to market generic product

Alembic Pharmaceuticals said it has received approval from the US health regulator to market generic Dronedarone tablets

Sunteck Realty sales bookings rise marginally to Rs 352 cr in Dec quarter

Mumbai-based Sunteck Realty on Monday reported a marginal increase in its sales bookings to Rs 352 crore for the quarter ended December 2021.

Power Gummies raises $6mn in Series A funding from 9Unicorns, others

Dietary supplement brand Power Gummies on Monday said it has raised $6 mn in funding led by 9Unicorns.

Vistara fleet size crosses 50 aircraft; 12 planes added in last 21 mths

Full-service carrier Vistara, which completed seven years of its operations on January 9, said on Monday its fleet has crossed 50 aircraft with over 12 planes added in the last 21 months alone.

Why India's EV sector is torn between swappable and integrated batteries

Electric vehicle makers and service providers are grappling with the question of whether swappable or integrated batteries should drive the electric future

SaaS management platform Zluri raises $10M led by MassMutual Ventures

SaaS Management Platform Zluri has raised $10 million in a Series A round of funding led by MassMutual Ventures with participation from existing investors, Endiya Partners and Kalaari Capital.

CreditAccess Grameen's gross loan portfolio rises by 18.4% in Dec

The consolidated numbers for CreditAccess Grameen Ltd (CA Grameen) also include the performance of its subsidiary MMFL.

Foxconn India iPhone plant to reopen on January 12: Govt officials

The Foxconn plant, located in the state of Tamil Nadu, was closed on Dec. 18 following protests over 250 of its workers being treated for food poisoning