Page 2293 - Company News

Piramal Capital partners with API Holdings for health finance solutions

The finance arm of Piramal Enterprise has earmarked Rs 100 crore for disbursement by March 2022, which will get upsized basis initial market response.

HDFC to raise up to Rs 10,000 cr next week via bonds

The bonds, rated AAA by Crisil and ICRA, carry coupon rate of 7.05% per annum

Fitch affirms Bharti Airtel at 'BBB-'; outlook negative

Fitch has also affirmed Bharti Airtel International (Netherlands) BV's senior unsecured guaranteed bonds at 'BBB-' and Network i2i Limited's subordinated perpetual bond at 'BB'

US-based cloud-based AI platform Nestlings opens office in Bengaluru

Nestlings said it offers a one-stop solution that connects students with higher education universities

BNP Paribas, Societe Generale trim stake in Indiabulls Housing

The shares were offloaded in the range of Rs 221.34-221.75 apiece, valuing the transaction size to Rs 113 crore

Continuous process of up-skilling employees, utmost need: Virtusa

Virtusa's "Thrive Academy" aims to fulfill this need by providing hands-on exposure and training, a comapny official said

Unilever's sustainable brands growing 2x faster than other brands: COO

Firm will spend 2 billion euros with diverse suppliers; will also help 5 million retail partners improve livelihoods and drive their growth, says Nitin Paranjpe

B2B logistics startup Pidge raises $1 mn from Indian Angel Network

The fresh capital would also help the firm invest in building its tech-capabilities

Reliance, Aramco called off $15-bn deal amid valuation differences: Report

Talks broke down over how much Reliance's O2C business should be valued as the world seeks to move away from fossil fuels and reduce emissions, say sources

BMW to launch three electric vehicles in next 6 months in India

German luxury car maker BMW on Thursday said it will launch three electric vehicles in the next 6 months in India to accelerate its electric mobility journey in the country.

IBC has brought change in attitude of lenders, borrowers: Goyal

Goyal said IBC is a game changing reform compared to the past, when resolution would take probably decades

Indian Oil Corporation pays Rs 2,424 crore as dividend tranche to govt

The government has received Rs 2,424 crore as dividend tranche from Indian Oil Corporation (IOC), DIPAM Secretary Tuhin Kanta Pandey said on Thursday

Here are four building blocks for a future-ready retail with technology

The share of e-commerce is expected to grow from 6% of the overall market in FY21 to almost 11% by FY26

Truecaller launches fresh version of app with a slew of new features

Video caller ID, voice call recording, ghost calling and call announce are some of the add-ons

HCL Technologies expands its presence in Sri Lanka, opens new facility

HCL intends to occupy 80% of Cinnamon Life, a project by John Keels, with plans of taking up 10 floors now and 10 floors at a later stage

Acer India, Dixon Technologies team up to manufacture laptops

PC brand Acer India announced that it has partnered with Noida-based Dixon Technologies for the manufacturing of laptops

SC to hear Amazon plea against HC direction to CCI on show cause notice

The Supreme Court agreed to hear a plea by Amazon against Delhi HC's order directing Competition Commission of India to take a decision with respect to show cause notice issued by it to Amazon

ITC starts clinical trials of nasal spray for Covid-19 prevention

The company plans to market the nasal spray under the Savlon brand once it gets all the requisite regulatory approvals, according to sources

Dream 11 parent Dream Sports raises $840 mn at valuation of $8 bn

The firm had raised $400 million in its previous funding round at a $5 billion valuation in March this year

Citigroup to split Institutional Clients Group's operations, tech functions

Citigroup Inc is planning to split the operations and technology functions of its unit, Institutional Clients Group