Page 2272 - Company News

SADA acquires ByteWave Digital, strengthens partnership with Google Cloud

SADA, a leading business and technology consultancy and Google Cloud Premier Partner, announced its acquisition of ByteWave Digital

Adar Poonawalla picks up 20% stake in social media platform Wakau

Wakau offers a combination of mobile-first screen experience and short video content in entertainment and fashion domains

West Bengal: 3 killed, 44 injured in IOC's Haldia refinery fire

IOC said in a statement that the incident occurred at a unit of the refinery during shutdown-related works

Vedanta continues its support against the Covid-19 pandemic in Zambia

Vedanta Limited has significant operations across India, South Africa and Namibia

IT raid on chit fund group finds Rs 250-crore illicit cash transaction

The searches were carried out on December 16, and 30 premises of the unidentified group, also engaged in real estate and finance business

Renew Power adds 300 MW; total capacity addition at 1.5 GW in FY22

Renew Power, which is traded on the Nasdaq exchange, has commissioned a 300 megawatt SECI solar project in Rajasthan, taking its total operating asset to a record 7.4 gigawatt till date.

Japanese tyre maker Bridgestone rejigs India operations

Japanese tyre major Bridgestone Corporation on Tuesday announced organisational changes in its Indian operations, with Rajarshi Moitra to become Chief Commercial Officer and Sunil Puri appointed as Head of Sustainability.

Honda Motorcycle starts export of NAVi bike to the US market

Honda Motorcycle & Scooter India (HMSI) on Tuesday said Honda de Mxico has initiated exports of NAVi bike to the US market.

Indian Oil Corp acquires 5% stake in IEX subsidiary Indian Gas Exchange

IOC joins the likes of oil and gas explorer ONGC, gas utility GAIL Torrent Gas Pvt Ltd and Adani Total Gas Ltd which already have acquired 5 per cent equity each in IGX

Piramal Pharma invests Rs 101.77 cr for minority stake in Yapan Bio

The Mumbai-based company has acquired a 27.78 per cent stake in Yapan as a result of the investment

Food-grocery marketplace Jumbotail raises $85 mn in Series C funding round

Jumbotail will use the funds to triple its engineering, product, design, data science, category management, marketing, and finance teams

Riding on innovation, Old Monk eyes record 10 million sales next year

The company also started the sale of beer brand Old Monk 10000 (American Malt Liquor) in August

SBI's PE arm hikes climate fund's target 5 times to Rs 2,000 crore

SBICap Ventures has already got commitment from European Investment Bank (EIB) for about Rs 215 crore.

Margin war: Nestle India, ITC agree on price parity with distributors

In the last 20 days, AICPDF had written two letters to FMCG companies to resolve the issue of price disparity.

Snapdeal files IPO papers to raise Rs 1,250 crore via fresh issue

Snapdeal receives more than 86 per cent of its orders from outside metros

Ola to show drop location, payment mode to drivers before they accept ride

'Enabling drivers is key to reducing cancelations,' tweeted Ola co-founder and CEO Bhavish Aggarwal

SBI picks up minority stake in Sajjan Jindal-led JSW Cement for Rs 100 cr

The capital will support JSW Cement's capacity expansion to 25 million tonne annually.

NRI industrialist Lord Swraj Paul eyes UK, India acquisitions

The focus will be on the company's strengths in the manufacturing sector, with businesses in the field of steel products under consideration

Canadian fund CDPQ buys 40% in Odisha toll road for Rs 2,100 crore

The deal, which has all the approvals barring an NHAI nod and the customary regulatory approvals, is likely to be completed anytime now

Medium-term volume, margin targets positive for Godrej Consumer

There could be pressure in the near term due to sharp rise in commodity costs