Page 2244 - Company News

B2B manufacturing start-up Groyyo raises $4.6 mn led by Alpha Wave

Founded in July 2021 by Subin Mitra, Pratik Tiwari and Ridam Upadhyay, Groyyo has already partnered over 200 manufacturers across categories

Edelweiss Financial Services raises over Rs 456 crore via NCDs

Edelweiss Financial Services Ltd (EFSL) on Monday said it has raised Rs 456.24 crore through the issuance of non-convertible debentures (NCDs).

Samsung announces 'groundbreaking' NFT support with its 2022 TV lineup

Samsung on Monday announced a groundbreaking TV support for NFTs, beginning with its 2022 TV lineup.

AT&T, Verizon reject US request to delay rollout of 5G wireless tech

Verizon and AT&T have rejected a request by the US government to delay the rollout of next-generation wireless technology.

Audi India posts 2-fold rise in retail sales at 3,293 units in 2021

German luxury carmaker Audi on Monday reported a two-fold jump in retail sales at 3,293 units in India in 2021

What do labour law violations at Foxconn say about Make in India?

In 2021, India announced production-linked incentive schemes for thirteen sectors to push the Make in India initiative. But alleged disregard by factories may cast a pall on its manufacturing dreams

Beauty takes natural turn, demand for ayurveda products soars in India

A 2018 report by Research and Markets, which pegged the ayurveda market in India at Rs 300 billion, expects it to touch Rs 710.87 billion by 2024

LG Energy Solution targets $10.8 billion in S Korea's biggest-ever IPO

Korean battery maker LG Energy Solution has opened the books to investors to raise up to $10.8 billion in the country's largest ever

Greaves Electric Mobility sells over 10,000 units in December 2021

The higher growth numbers in December came on the back of Ampere's recent announcement of the launch of the company's EV Mega site

Indian OTT industry to grow $13-15 bn in next 10 years: Report

the OTT sector is also witnessing a rise in investments in Indian original content

A roaring recovery for realty sector from the pandemic: A CRISIL analysis

CRISIL's affordability index, MAHTI- which is the minimum income a household requires to buy a house in a city - has improved across all cities.

Trell content creators drive 300% growth in sales during 5-day event

Top five content creators sold products worth more than Rs 2.5 crore, says company.

Domestic cement industry poised for demand recovery in construction season

Amid a strong demand outlook, brokerages see capacities and existing utilization levels of the domestic cement industry on a rise in coming years

Valuation question holds up SPV for land, asset monetisation of PSUs

The government is still finalising the valuation at which such assets will be transferred to the SPV.

Tata group companies jump ahead of CPSUs in market capitalisation race

It's the first time that govt companies are not India's biggest biz group

NTPC plans to acquire 5% equity in Power Exchange of India

State-run power giant NTPC is mulling acquiring 5 per cent equity stake in Power Exchange of India Ltd (PXIL) that provides various electricity trading options, a senior official said.

Broad-based mkt rally unlikely in 2022 amid multiple headwinds: Brokerages

They advise investors to focus on quality companies as they list their favourite picks

India's new billionaires: A record 40 promoters entered the club in 2021

A record 40 promoters entered the club in 2021, beating the previous high of 24 in FY10

Reliance to raise $5 bn via overseas bonds to retire existing borrowings

The bond sale is poised to become the single largest such borrowing by an Indian company

Maruti, Hyundai report decline in wholesales for Dec; TaMo, M&M see growth

Other manufacturers Nissan and Skoda also reported an increase in December 2021 sales although Honda Cars India witnessed a decline last month