Page 2261 - Company News

Tech Mahindra supports transformation of Telefónica's microwave network

Telefnica is working to standardise its management interface by collaborating with multiple vendors and partners

Escorts' shareholders approve allotment of 94 lakh shares to Kubota

Shareholders of Escorts have approved the preferential allotment of 94 lakh shares to Japan's Kubota Corporation

Shree Cement to set up Rs 1500 crore cement plant in Andhra Pradesh

A delegation of officials from Shree Cement met CM YS Jagan Mohan Reddy and held discussions for setting up a Greenfield Cement plant in Guntur district at an estimated cost of Rs 1,500 crore

Survival first, revival later: Hospitality industry's mantra for 2022

Incentivising domestic travel through tax cuts or by way of tax deductions for a pre-agreed duration of two to three years will fill the void, say industry leaders

Adani Enterprises bags Ganga expressway project, India's largest, in UP

With a project cost of over Rs. 17,000 crore, this is India's largest ever expressway project awarded to a private company under PPP framework

Tata Power bags contract from SECI for solar project in Chhattisgarh

The project will demonstrate how, by using a large battery storage system like BESS, solar power can be used to provide clean energy during evening peak hours

Reliance is India's most-visible corporate in media: Wizikey report

Reliance Industries Ltd, India's largest corporate by revenues, profits and market value, topped 2021 Wizikey News Score ranking as India's most-visible corporate in the media.

Health and wellness startup Cult.fit acquires 4 cardio equipment brands

Fitness and wellness startup Cult.fit on Monday said it has acquired cardio equipment brands RPM fitness, Fitkit and Onefitplus in a single transaction

Women's role in workforce improving despite Covid: Jobs website report

Women being hired for drivers, security guards, delivery partners-roles traditionally denied to them, says apna.

Japan's Osaka Gas enters India's urban gas distribution market

Demand in India's natural gas market is set to surge as the government wants to raise the share of the cleaner fuel in its energy mix to 15% by 2030 from the current 6% to combat climate change

Adani Transmission completes 897 circuit km power transmission line in UP

The transmission line, set up by ATL subsidiary Ghatampur Transmission Ltd (GTL) will connect Ghatampur thermal power station in Kanpur district to Hapur substation in western Uttar Pradesh

Sellers welcome CCI's suspension of 2019 Amazon-Future deal

Last week, CCI had imposed a Rs 202 crore penalty on the e-commerce major for failure to furnish true and complete details about the transaction.

Dozens released after protest at Apple supplier Foxconn's plant in TN

It was not immediately clear if production was disrupted by the protests sparked by last week's food poisoning incident that led to 150 employees being admitted to hospital

IPO-bound OYO defies pandemic, set to meet investors' expectations

IPO-bound Oravel Stays Ltd, or OYO, amid pandemic revamped its operations and business strategies to not only stay afloat but also emerge stronger.

SafeStorage plans foray into Delhi, Gurgaon, Kolkata and Bhubaneswar

At present, the company is present in five cities -- Bengaluru, Hyderabad, Chennai, Mumbai and Pune -- with a storage space of around 850,000 square feet in over 30 warehouses

B2B ecommerce platform Bizongo raises $110 mn led by Tiger Capital

B2B ecommerce platform Bizongo on Monday said it has raised $110 million in a Series D round led by New York-based Tiger Global Management

CARS24 raises $400 mn in latest round of funding from investors

Leading e-commerce platform for pre-owned vehicles CARS24 on Monday said it has raised USD 400 million (around Rs 3,040 crore) from various financial institutions

CARS24 raised $400 mn in new funding round, now valued at $3.3 bn

India's CARS24 said it had raised $400 million in a funding round that saw participation of asset manager Alpha Wave Global, valuing the used-car retailing platform at $3.3 billion.

D2C tea brand Esah Tea raises Rs 3cr in pre-series A round from NEDFI

Esah is the first tea start-up from Assam to raise VC funding. The brand has earlier raised angel investment from SRD Group and Grant From Assam Startup & NEAT-E-Hub.

Govt refutes speculation over LIC IPO's delay, says it is 'on course'

The government on Sunday refuted media speculation around the IPO of LIC and said that it is unlikely to come up with the IPO of LIC in the current financial year ending March 2022