Page 2311 - Company News

Tata Motors' pact with private equity firm TPG 'credit positive': Moody's

Moody's Investors Service on Wednesday said that Tata Motors' pact with private equity firm TPG is 'credit positive', as it will help the automaker to scale up its electric vehicle business.

Digital payments firm PhonePe crosses 2-bn mark in monthly transactions

PhonePe's phenomenal growth comes on the back of rapid traction across Tier-II, Tier-III cities and beyond

Fintech startup SalaryBox raises $4 mn funding from Y-Combinator, others

The company will utilise the funds to grow its team, invest in building new products and features, and further expand its user base, it added.

Customs asks Adani Ports to explain ban on cargo from 3 nations: Report

The department 10 day ago sent a letter to tell India's largest port operator it needed permission, says ET.

SpiceJet, Boeing settle related claims on grounding of 737 MAX jets

The settlement will allow the resumption of new aircraft deliveries from SpiceJet's order of 155 MAX aircraft

GoKwik raises $15 mn in Series A funding round led by Sequoia Capital

The company plans to use the funds to work with large marketplaces, scale up its product and technology teams and launch new products

Thrasio model businesses not suitable to India: GlobalBees CEO

In the next three years, the roll-up company is looking to be an umbrella organisation of 100 brands with revenues touching one billion dollars

Electric models to help scooters close gap with mobikes: Experts

Ola Electric projects that electric scooters will dramatically push penetration of two-wheelers up nearly threefold

Jhunjhunwala-backed Akasa Air signs $9 bn deal for 72 Boeing 737 Max planes

The airline received no objection certificate from the civil aviation ministry last month

Cairn to work with Halliburton for boosting offshore recoverable reserves

Aims 10-fold reserve augmentation from Cairn's offshore assets

Biocon Biologics, Viatris launch interchangeable insulin biosimilar for US

These injections will help control high blood sugar in adult and pediatric patients with type-1 diabetes and adults with type-2

MPL signs MoU with Telangana to set up game development centre

Mobile Premier League, an online gaming platform, will set up a game development centre in Telangana employing 500 youths in the state.

Flipkart Ventures, Tiger Global-backed G.O.A.T Brand Labs in 11 D2C tie-ups

G.O.A.T Brand Labs, which started a few months back, acquires and scales D2C brands. The current acquisitions are in fashion, beauty-skin care, pets and home-kitchen

Myntra forays into luxury segment, unveils Myntra Luxe on its app

This is another step for the firm towards strengthening its position as one of the leading fashion, beauty, and lifestyle brands in the country

Shares of IT firm Coforge jump 4.3% to Rs 5,734 at close on US IPO plans

The company said it filed Registration Statement on Form F-1 with the US Securities and Exchange Commission for a proposed offer of American depositary shares

SoftBank-backed Ola boosts leadership team, hires top brass across segments

P V Harinarayan joins as VP Lending, Ola Financial, V Ramesh leads operations at Ola Futurefactory, Priteesh Mahajan heads two-wheeler Programme Management and Product Planning at Ola Electric

M&HCV market share loss throws a wrench in Ashok Leyland stock

Demand revival, new launches and mix change could aid volumes, margins

Multiple near-term concerns trigger Divi's Laboratories' headache

Pfizer's oral Covid drug, weak sales of generics, and valuations may cap upsides

Home First Finance Co India plans to raise up to Rs 99 cr via bonds

Home First Finance Company India on Tuesday said it is planning to raise up to Rs 99 crore by issuing bonds on a private placement basis.

Go Fashion raises Rs 455 crore from anchor investors ahead of IPO

Go Fashion's IPO opens on Wednesday and closes on Friday