Page 2273 - Company News

Ola in talks to raise over $1 billion through equity, debt: Report

Ola co-founder Bhavish Aggarwal had earlier this year said the company -- which competes against US-based Uber -- is planning a public offering sometime in 2022 but has not yet set a date

Coal dispatch by CIL to power sector rises 23% in April-November

Dispatch of coal by state-owned CIL to the power sector increased 22.5 per cent to 340 million tonne (MT) during April-November period of the ongoing fiscal year.

ITC, Shree Cement most valuable companies in Bengal, says report

FMCG firm Britannia Industries, which has its registered office in Kolkata, in the third most valuable company in the state: Report

Tata Consumer Products extends medical cover to partners of LGBTQ staff

The new policy will be effective retrospectively from December 1, 2021

Dr Reddy's launches drug in US to treat high blood pressure, heart failure

The tablet is the generic therapeutic equivalent of Diovan, approved by the US Food and Drug Administration

PLI for food processing: Parle Products expects 20-25% growth in exports

Biscuits major Parle Products expects 20-25 per cent growth in exports on the back of the govt's PLI scheme in the food processing sector, for which it has received approval

Airtel, Invest India join hands to launch 'Startup Innovation Challenge'

Bharti Airtel on Thursday launched 'Airtel India Startup Innovation Challenge' in partnership with Invest India that will let early-stage technology companies demonstrate differentiated solutions.

Razorpay eyes $90-bn TPV, launches new solutions to enhance experience

Fintech major Razorpay said it has seen strong growth in the number of payments processed on its platform, and it expects its total payment volume to touch $90 billion by end of next year

Clensta raises Rs 20-cr funding from Hem Angels, Venture Catalysts, others

Clensta said it has raised Rs 20 crore funding from Hem Angels part of Hem Securities Ltd, Venture Catalysts and Inflection Point Ventures

Baleno crosses 1-million-unit cumulative sales milestone: Maruti Suzuki

The country's largest carmaker Maruti Suzuki India on Thursday said its premium hatchback Baleno has crossed the cumulative sales milestone of 1 million units

TVS Motor ups presence in Central America; ropes in Grupo Q as partner

Active Motors will help Indian firm to strengthen business in Nicaragua and Costa Rica, say the two

Biocon in talks with Mylan to merge biosimilar businesses: Report

Indian drugmaker Biocon Ltd is in talks with generic drugmaker Mylan for a merger of their biosimilar businesses, a report said

Apple reportedly stopped assembly line for several days in October

Apple was forced to stop its assembly line for several days first time in more than 10 years due to supply chain limitations and China's ongoing power restriction in October.

TCI chalks out strong capex plan over three years; defers FY22 capex

The company is keen on augmenting its marine assets for coastal container cargo as it sees coastal shipping growth to 215 million tonne by 2025 from about 86 million tonne now

Dr. Reddy's inks pact with Singapore firm to sell Trastuzumab biosimilar

Prestige BioPharma Ltd announced that the two companies have entered into a binding agreement for an exclusive partnership for the supply and commercialisation of Trastuzumab biosimilar

Tata Motors 'to invest' Rs 7,500 cr in commercial vehicles, focus on EVs

Company reportedly working on a range of options that include short-range battery-operated vehicles for the last mile with small CV offerings

Twitter acquires Quill; experts says platform's DMs may get major overhaul

Social media giant Twitter has acquired Quill that experts suggest might let Twitter DMs better compete with other messaging apps.

IT-BPM to add 375,000 jobs in FY22, digital skills in demand: TeamLease

Report says sector to reach a head count of 4.85 million in FY22, is on track to reach 10 mn workforce in next five years, with significant increase in contract hiring

Infosys BPM to create 250 jobs in Ireland with new delivery centre

The firm started its Ireland operations in Dublin in 2014

United Breweries challenges Rs 752 crore CCI penalty before NCLAT

Beer maker United Breweries Ltd (UBL) has approached the appellate tribunal NCLAT against Rs 751.8 crore penalty imposed on the company by the fair trade regulator CCI.