Page 2260 - Company News

Rupen Jhaveri appointed Group President of Piramal Enterprises

Piramal Enterprises Limited announced the appointment of Rupen Jhaveri as its Group President, with primary focus on financial services.

E-scooter firm Ather Energy strengthens leadership, hires two execs

Gurinder Singh Sukhija joins as head of ownership management; Murali Sashidharan to lead communications and government relations.

EV firm Ather Energy inducts former Ola executives into management team

Ather Energy inducted Ola former executives Gurinder Singh Sukhija as head of ownership management and Murali Sashidharan as head of communications and government relations

Airtel Business, IBM deploy hybrid cloud solution for milk companies

The technology will enable the firms to strengthen support to farmers and securely record and access key information.

Amid I-T raids on Chinese mobile firms, Xiaomi, OPPO say cooperating

According to sources, the smartphone companies were allegedly violating rules and norms to evade taxes and were on the radar of several probe agencies, including the I-T department

Snapdeal co-founders to take home Rs 5 cr each in salary in 2021

Snapdealspent nearly Rs 161 crore on employee benefits in the fiscal year 2021. Its co-founder and CEO Kunal Bahl was set to get compensation of Rs 3.5 cr, along with a performance bonus of Rs 1.5 cr

Motilal Oswal's PE arm plans Rs 1,000-cr investment in realty by March

This amount has been committed across residential and commercial projects in Mumbai, Bengaluru, Chennai, Hyderabad and Ahmedabad

Sebi allows virtual annual meetings for InVITs, REITs till June 2022

InvITs and REITs are required to upload the transcript on their respective websites as soon as possible after the conclusion of the meetings

OYO announces hiring 2 senior leaders for engineering and data science

Nirdosh Chouhan appointed Senior Vice President of Engineering; Kranthi Adusumilli will be the company's Senior Principal Data Scientist

L&T Construction bags significant order from reputed developer

The scope of work includes design and construction of entire civil structure, including waterproofing, masonry, plastering and electrical conduiting, L&T said

Amazon to acquire full stake in JV Prione Business Services

In August, Amazon and NR Narayana Murthy's Catamaran had announced that they will not continue their joint venture, Prione Business Services, beyond May 2022

Mahindra's SsangYong joins Chinese firm for EV battery development

SsangYong Motor has signed a memorandum of understanding with BYD Auto to develop car batteries and produce battery packs for its models

ITC's Master Chef frozen snacks joins hands with Havmor Ice Cream

Diversified business entity ITC said its Master Chef frozen snacks has entered into a strategic partnership with Havmor Ice Cream, owned by South Korean conglomerate Lotte group

Central Bank of India, U GRO tie up for co-lending to MSMEs

The disbursement will be to U GRO Capital's varied MSME segments under its programs - Pratham, Sanjeevani, Saathi, GRO MSME and machinery financing

OYO appoints ex-Apple executive Nirdosh Chouhan as senior vice president

Oyo said it has appointed ex-Apple executive Nirdosh Chouhan as Senior Vice President of Engineering and former Swiggy official Kranthi Mitra Adusumilli as Senior Principal Data Scientist.

Lifestyle, mobility brand Ninety One raises Rs 225 cr in Series A round

Following the capital injection, Ninety One, from AlphaVector (India), is now valued at Rs 1000 crore

Unbox Robotics raises $7 million in Series-A round led by 3one4 Capital

Supply chain robotics technology company Unbox Robotics announced that it raised $7 million in a Series-A round led by 3one4 Capital

Advent takes majority stake in digital engineering services company Encora

Warburg Pincus, the present majority shareholder of Encora, would retain a minority stake

Tesla announces bringing EV Scooters, charging stations to shops by 2025

Tesla Power USA hosted the "India Business Meet" at the Pride Plaza Hotel in Aerocity, New Delhi.

Central Bank of India ink co-lending deal with fintech U GRO Capital

MSME lending fintech platform, U GRO Capital on Wednesday announced that it has signed a co-lending agreement with Central Bank of India.