Page 2278 - Company News
Spread of digital economy leads to demand surge in tech space: Study
The top-five digital skill domains in demand in September-November 2021 are Testing, Platform Technologies, Java, Cloud Infra, and Data Analytics
 "Spread of digital economy leads to demand surge in tech space: Study")
Toyota-Suzuki affordable electric vehicle to make India debut by 2025
Toyota and Suzuki are looking to make close to 114,000 units of the model per year
 "Toyota-Suzuki affordable electric vehicle to make India debut by 2025")
From Stalin to Sanand: Ford takeover by Tatas stokes 'speculation'
This comes at a time when even after three months since announcement of winding-up of operations, Ford India could not reach a settlement with unions regarding a severance package for 4,000 employees
 "From Stalin to Sanand: Ford takeover by Tatas stokes 'speculation'")
Digital identity platform Bureau raises $12 million led by Quona
Bureau, the digital identity verification and fraud protection platform, has raised USD 12 million in series-A funding round led by Quona Capital with participation from Commerce Ventures and Okta Identity.
 "Digital identity platform Bureau raises $12 million led by Quona")
Mohalla Tech's valuation crosses $3.7 billion after it raises $266 million
Since Jan 2021, the company has grown to over 2000 employees and added several new features as it focuses on building its products to be the leader in the Indian short video and social media space
 "Mohalla Tech's valuation crosses $3.7 billion after it raises $266 million")
Ola raises $500-mn term loan, in talks to raise $1 bn at $7.5-bn valuation
IPO-bound firm is likely to use the loan to fuel its vision for future of mobility across businesses including ride-hailing, vehicle commerce, delivery with foods, quick commerce & financial services
 "Ola raises $500-mn term loan, in talks to raise $1 bn at $7.5-bn valuation")
Tata Power arm TP Saurya to set up 300 MW hybrid wind-solar project
Tata Power said its arm TP Saurya has received a 'Letter of Award' from Maharashtra State Electricity Distribution Company for setting up a 300 MW hybrid project
 "Tata Power arm TP Saurya to set up 300 MW hybrid wind-solar project")
Jindal Stainless eyes Rs 500-cr revenue from chequered sheet biz in 3 years
Jindal Stainless Limited (JSL) is aiming to garner a revenue of Rs 500 crore from its hot-rolled stainless steel chequered sheet business over the next three years.
 "Jindal Stainless eyes Rs 500-cr revenue from chequered sheet biz in 3 years")
EaseMyTrip acquires intercity platform YoloBus for undisclosed amount
The acquisition includes the brand name of YoloBus, its technology, team, running business and data expertise
 "EaseMyTrip acquires intercity platform YoloBus for undisclosed amount")
Salman Khan-backed BollyCoin's NFTs to make 'Dabangg' debut on Dec 30
BollyCoin aims to house Bollywood's most iconic filmy dialogues, clips, and posters, etc., starting with NFTs of the iconic Dabangg franchise
 "Salman Khan-backed BollyCoin's NFTs to make 'Dabangg' debut on Dec 30")
TiE names Kumar Mangalam Birla as Global Entrepreneur of the year
The Aditya Birla Group Chairman is the first Indian industrialist to get the award. He won it for his leadership of the conglomerate during the Covid-19 pandemic
 "TiE names Kumar Mangalam Birla as Global Entrepreneur of the year")
Soon, new Ginger Hotel by an all-woman engineering team in Mumbai
This marquee project is a significant step forward in promoting varied opportunities for women in other-wise traditionally male-dominated industry like construction
 "Soon, new Ginger Hotel by an all-woman engineering team in Mumbai")
TajSATS sees business recovery as govt lifts curbs on in-flight service
The company is also expanding its non-aviation portfolio and is using automation and data analytics to drive cost efficiencies, says CEO
 "TajSATS sees business recovery as govt lifts curbs on in-flight service")
HAL signs Rs 2,400 cr contract with BEL for supply of avionics for LCA
This is the biggest ever order received by BEL for avionic systems
 "HAL signs Rs 2,400 cr contract with BEL for supply of avionics for LCA")
Gehlaut offloads 11.9% stake in Indiabulls HFC; to resign by March-end
Gehlaut will continue as chief executive officer (CEO) of Dhani Services, a company that was demerged from IHFL
 "Gehlaut offloads 11.9% stake in Indiabulls HFC; to resign by March-end")
We'll continue to invest majorly across the business: ArcelorMittal CEO
Aditya Mittal unveils a four-fold vision for joint venture with Nippon Steel in India, ArcelorMittal Nippon Steel India, of which he is also the chairman
 "We'll continue to invest majorly across the business: ArcelorMittal CEO")
Infosys sets up dedicated war room as deadline for ITR filings nears
Of the e-verified ITRs, more than 23.8 million ITRs have been processed and over 909.5 million refunds for AY 2021-22 have been issued
 "Infosys sets up dedicated war room as deadline for ITR filings nears")
'Spider-Man: No Way Home' brings the audience back to the cinema halls
The third movie in the Spider-Man series has garnered Rs 47.5 crore gross box office advance sales
 "'Spider-Man: No Way Home' brings the audience back to the cinema halls")
US business rebound key to further upsides in Lupin, VAI may offer relief
Clearance for Goa unit is positive; near-term triggers are new launches and market share gains
 "US business rebound key to further upsides in Lupin, VAI may offer relief")
Upvote: Reddit, website that sparked stock market frenzy, goes for listing
Reddit said it had confidentially filed for a proposed IPO with the US Securities and Exchange Commission
 "Upvote: Reddit, website that sparked stock market frenzy, goes for listing")