Page 2304 - Company News

Fintech start-up PhonePe to buy back ESOPs worth Rs 135 cr from employees

In Dec last year, PhonePe launched a program to allot ESOPs to its 2,200 employees starting at a minimum of Rs 3.5 lakh, cumulatively worth Rs 1,500 crore

IndiGrid consortium lowest bidder for Rs 170 cr transmission project

A consortium of Infrastructure investment trust IndiGrid's arms has emerged as the lowest bidder for a power transmission project worth Rs 170 crore in tariff-based bidding

AIMIL Pharma launches ayurveda-based beauty product

The product -- Ayouthveda -- has been prepared by adding time-tested herbs

Laurus Labs signs pact to acquire 26.62 % stake in ImmunoACT

Laurus labs investment in ImmunoACT is part of the larger strategy to strengthen biologics business of the firm

Amazon India inks collaborations to empower women entrepreneurs

Amazon's Saheli programme will offer extensive training and skill development workshops for its participants

Udaan eyes funding to become largest B2B retail player in Asia

The company has already raised $1.2 billion and is currently valued at $3.1 billion

Three Air India employees arrested for helping gold smugglers: Officials

Three employees of Air India, accused of having a role in the smuggling of gold, have been arrested, officials said on Friday

Elon Musk-run satellite firm Starlink enters hiring mode in India

Elon Musk-run SpaceX is now aggressively hiring for the India market, after it appointed Sanjay Bhargava as the country director for its satellite company Starlink

JSPL plans to start building Botswana mine in 2022, to produce 4.5 MT coal

JSPL will start building a coal mine in Botswana's southeastern Mmamabula coalfields in 2022, aiming to supply the export market and a planned coal power plant, a company official said

IBM bets big on India, to open more software development centres

IBM is betting big on the India growth story and plans to open more software development centres in the country

Sundaram AMC gets regulatory approval to acquire Principal India

Sundaram AMC said it has received the regulatory approval to acquire the asset management business of Principal Asset Management Pvt Ltd

Route Mobile Ltd raises Rs 867 crore via qualified institutional placement

Route Mobile Ltd, a Communication Platform as a Service (CPaaS) provider, said it has raised Rs 867.49 crore via Qualified Institutional Placement

IBM to help India build tech systems at scale: CEO Arvind Krishna

From skilling to innovation and hiring new talent, India remains one of the top growth markets for IBM, the company's Chairman and CEO Arvind Krishna said

Japanese tractor major Kubota eyes majority shareholding in Escorts

Picks up 5.9% more for Rs 1,873 crore

Signs of capital goods sector returning to normalcy despite negative CAGR

The strong stock price momentum is now backed by improving fundamentals

S&P upgrades Glenmark to 'BB' on expectation of conservative debt levels

The outlook is stable reflecting the view that Glenmark will maintain its financial policy such that its FFO-to-debt ratio will remain comfortably above 30%, S&P said

What Apple's new repair program means: even if you don't own an iPhone

The plan by the world's most profitable company is a sign that the tech industry could finally be warming to making maintenance a part of the experience of owning a gadget.

Will Zomato's new diversification strategy deliver more unicorns?

Soon after its strong public market debut, Zomato said it is investing in companies that can become market leaders in their category. Find out the rationale behind its 'buy instead of build' model

Paytm crashes 27% on market debut, wipes out Rs 38K-cr in investor wealth

Worst day 1 show among large IPOs

Paytm CEO's fixation on delivering record IPO blamed for first-day flop

The slump is 'no indicator of the value of our company,' says Vijay Shekhar Sharma.