Page 2281 - Company News

Healthcare startup Pristyn Care raises $96 million, joins Unicorn club

By March 2022, the company plans to increase its geographical footprint by expanding to over 50 cities and towns and 1000 surgical centres

Excited about India's role in metaverse, says Mark Zuckerberg

He added that India's talent pool - the engineers, developers and creators, and the vibrant start-up ecosystem - are playing a huge role in shaping the future

Godrej group PE arm GFM raises $500 mn to build premium office buildings

Godrej group's real estate private equity arm Godrej Fund Management (GFM) on Wednesday said it has raised USD 500 million (Rs 3,800 crore) for development of premium office assets.

Ola delivers S1 scooters to its first 100 customers in Chennai, Bengaluru

The company said it organised special events in Bangalore and Chennai on Wednesday to deliver both S1 and S1 Pro trims to the first 100 customers

SpiceJet settles disputes with Canadian plane maker De Havilland

In 2017, SpiceJet had signed an agreement with De Havilland for the purchase of 25 Q400 aircraft

JioMart-WhatsApp partnership to allow retailers, customers to shop via chat

Slated for launch in 2022, JioMart's conversational e-commerce push on WhatsApp will serve up catalogues from merchants and allow users to order essentials both on demand and as subscriptions

TVS Motor, BMW Motorrad join hands for EVs; first product in 24 months

The EV association comes almost nine years after TVS Motor Company and BMW Groups' motorcycle brand BMW Motorrad joined hands to develop sub-500cc motorcycles for the global market

France's Safran shortlists Jewar, Nagpur, Hyderabad for MRO unit

Aerospace component major is in talks with state governments for better terms, including lower taxes, before deciding on place

After two decades, Khaitans may give up driver's seat in Eveready

A source says Amritanshu Khaitan is unlikely to seek reappointment as firm's MD. Khaitan declined to comment

Essar to develop Stanlow terminal into UK's largest biofuel storage hub

STL already provides biofuels storage capacity for customers through a dedicated supply and delivery infrastructure.

JSPL to bid 'aggressively' for debt-laden steel maker NINL next week: MD

December 23 is the scheduled date for bidding for Neelachal Ispat Nigam Ltd (NINL)

Infosys subsidiary to acquire Singtel's Malaysia delivery centre

The cost of the transaction is "up to 6 million Singapore dollars, including the value of net assets, subject to customary closing adjustments", Infosys said in a regulatory filing

Reliance eyes first oil cargo from UAE trade arm in Dec: Report

RIL aims to get about a 500,000 barrels cargo of United Arab Emirates' Das crude from Reliance International Ltd, says a source

Skoda Auto Volkswagen India head quits, successor yet to be announced

Gurpratap Boparai, managing director, Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) has resigned from the company with effect from January 1, 2022

Amazon crosses 10 lakh sellers milestone across India

The number of Amazon Easy stores is on track to the 1 lakh stores mark by end of 2021

Google says employees flouting vaccination rules will be fired: Report

Alphabet Inc's Google told its employees they would lose pay and eventually be fired if they do not follow its COVID-19 vaccination rule, a report said

Reebok deal price, growth potential positive for Aditya Birla Fashion

The near term, however, could see higher investments in marketing, expansion

Q3FY22 likely to be weak for cement cos, but prospects look good thereafter

Cement demand has not picked up after the festive season, and sales volumes in Nov 2021 are 18-20% lower than Oct 2021 levels, which is far lower than the historical average of 6%

WhatsApp steps out on front foot to push payments feature

The company said that it has launched a pilot programme of adopting 500 villages to familiarise villagers with digital payments

Welspun India and Birlasoft rewarded investors by doubling wealth in 2021

Shares of Welspun India rose from Rs 68 at the start of the year to Rs 142 at Wednesday's close