Page 2259 - Company News

Eggoz raises $3.5 mn in Series A funding round led by NABVENTURES

With this funding, Eggoz intends to increase its brand footprint, launch egg-based value-added products, and enter new geographies.

Macrotech ties up with Morgan Stanley to build warehousing project

Realty firm Macrotech Developers said it has partnered with Morgan Stanley Real Estate Investing to develop a premium warehousing project near Mumbai with an investment of Rs 600 crore.

US SEC rejects Apple bid to block shareholder proposal on forced labour

The US SEC has declined an effort by Apple Inc to skip a shareholder proposal asking the iPhone maker to provide greater transparency in its efforts to keep forced labour out of its supply chain.

Amazon seeks relief from clarification on ED summons in Delhi HC

Amazon has filed a writ petition against the Enforcement Directorate (ED) in Delhi High Court seeking clarification on "unnecessary" summons issued to its employees

Can biz family trusts ensure smooth succession? Answer lies with Tolstoy

As business families grow larger with the addition of sons and daughters and sons-in-law and daughters-in-law, they drift away and live in their own separate houses

Indian telecom companies eye 5G services rollout with better profits

Telecom is a capital-intensive sector requiring continuous technological upgradation

Sebi slaps Rs 1.5 cr fine on Karvy Computershare in Taurus Mutual Fund case

Karvy Computershare allegedly misused its privileged position as RTA (Registrar to Issue and Share Transfer Agent) of Taurus Asset Management Company

IDFC approves Anil Singhvi's appointment as chairman with immediate effect

The board also approved a proposal to seek shareholders' approval, by means of a postal ballot, for the appointment of Anita Belani as an independent director

'Rana Kapoor misused position to get property at inadequate consideration'

Yes Bank co-founder Rana Kapoor misused his official position to acquire a valuable property at an 'inadequate consideration', a special court has said

Zee Entertainment board clears media firm's mega merger with Sony

ZEEL's current CEO and managing director, Punit Goenka, will lead the combined company

Himanshu Chakrawarti named Snapdeal president for value commerce strategy

The e-commerce firm filed adraft red herring prospectus on Tuesday with the securities regulator for its IPO.

Salesforce starts programme to mentor Indian start-ups in tech, innovation

Companies will get guidance on product design, strategy and business strategy.

HC directs DMRC to furnish bank account details in execution plea by DAMEPL

Delhi High Court directed the DMRC to file an affidavit furnishing the details of its bank accounts along with the balance amount in connection with a Reliance Infrastructure subsidiary's plea

Pine Labs launches 'Plural Tokenizer' to help firms with RBI norms

Service announced in line with central bank's new data security guidelines coming into effect from January 1

Prospects may be turning around for India specialty chemicals companies

Q2 of 2021-22 saw lower margins due to cost pressures

Amazon sues ED seeking to quash probe of 2019 investment into Future Group

Amazon moves Delhi HC, objects to ED asking for disclosure of legally privileged documents. Multiple Amazon executives had been summoned and the probe has caused 'unnecessary harassment', it says

Amazon to acquire Prione Business, company's JV with Narayana Murthy firm

Catamaran belongs to Infosys co-founder N R Narayana Murthy; the two partners announced in August they would discontinue the venture when its term ends in May 2022.

Foxconn's India subsidiary Bharat FIH files for Rs 5,000-crore IPO

Foxconn's Bharat FIH is India's largest EMS provider to the mobile phone industry, with a 23 per cent market share in FY 2021

Advent International picks up majority stake in Encora for $1.5 billion

Warburg Pincus, the present majority shareholder, would be minor partner

Tata Steel UK plant helps build world's largest offshore wind farm

Tata Steel said hundreds of tonnes of its products, able to endure the harsh North Sea conditions, will be used for the giant wind farm project located 130 km off the north-east coast of England