Page 2300 - Company News

Amazon asked Future to withdraw FEMA violation complaint before CCI

The spokesperson said its objections are based on breach of contract and specific performance of the contract

Salesken raises $22 million in funding from Microsoft, Sequoia

Existing investor Sequoia India also participated in the Series B round

Energy storage startup Matter partners ARAI for next gen mobility solutions

The two parties have signed a memorandum of understanding (MoU)

ONGC should decide on mode for raising oil, gas output: Oil ministry

Oil Ministry on Monday clarified that production from existing fields has to be increased through all means including technology and involvement of private sector companies in a transparent manner.

Azad Engineering to set up third manufacturing plant, to invest Rs 500 cr

The company said it plans to invest the money over the next three years on this plant

Global leaders join unicorn Apna to build world's largest job platform

Ropes in Uber's Karna Chokshi as COO. Karthik Manivannan from Mckinsey (UK) and Roshan Agarwal from OYO are others to join

Swiggy launches expansive programme with benefits across food and groceries

Upgraded membership scheme 'Swiggy One' offers unlimited free deliveries and discounts; benefits will embrace other offerings such as pick up and drop service Swiggy Genie and Meat stores

State Bank of India, PONLAIT ink pact on loan to dairy farmers

The Chennai circle of the bank which includes Tamil Nadu and Puducherry would make the loan available under the bank's YONO application

E-comm sites come under CCPA lens for selling sub-standard pressure cookers

CCPA has issued notices to five e-commerce entities, including Amazon, Flipkart and PaytmMall, as well as various sellers for offering pressure cookers that are non-compliant with BIS norms.

Darwin Platform group forays into e-mobility space; launches 3 e-scooters

As part of the initiative, the group's EV venture Darwin EVAT launched three electric scooters

Hackers hit over 4,000 e-commerce websites during festive sales

Hackers have hit more than 4,151 online retailers during Black Friday and Cyber Monday sales, stealing payment information and other personal information from customers

TikTok owner ByteDance to shut edtech business in India, says report

China-based ByteDance, which is the parent company of short-video making app TikTok, is quitting its edtech business in India

Canada: Uber enters booming cannabis market with orders in Ontario

Uber Eats will list cannabis retailer Tokyo Smoke on its marketplace on Monday, following which customers can place orders from the Uber Eats app

14 cos approached govt to settle retrospective taxation cases: Revenue Secy

As many as 14 companies against whom retrospective tax demands were raised have approached the government to settle cases, Revenue Secretary Tarun Bajaj said.

Caller ID app Truecaller crosses milestone of 300 mn active users a month

India continues to be its largest geography with 220 mn users

Amber Enterprises India and subsidiary get PLI nod for white goods

Amber Enterprises India, a manufacturer of AC components, received a normal investment of Rs 300 cr

Airtel prepaid plans to cost 20%-25% more from Nov 26: Here are the details

Airtel announced 20-25% tariff hikes for various prepaid offerings and said the new rates will come into effect from November 26

Euler Motors raises $10 million in funding led by QRG Investments

Electric vehicle maker Euler Motors on Monday announced raising an additional capital of USD 10 million (around Rs 74 crore) from a clutch of investors, led by QRG Investments and Holdings

Airbus signs contract with Bharat Electronics for C295 aircraft programme

BEL primarily manufactures advanced electronic products for the Indian Armed Forces

SaaS platform Zvolv raises $1.5 mn, will use fund to expand business

The funding round was led by JSW Ventures, a technology-focused venture capital fund.