Page 2512 - Company News

Agritech to robotics: startups display innovation at Flipkart Leap Demo Day

Finalists of the Flipkart Leap programme, including startups from retail tech, robotics, agri- tech and fintech space, showcased their offerings to potential investors and industry leaders

BHEL bags Rs 1,405 crore order from NPCIL for 12 nuclear steam generators

State-owned BHEL has bagged an order worth Rs 1,405 crore from the Nuclear Power Corporation of India Ltd for supply of 12 nuclear steam generators.

AC major Blue Star hopeful of improving business from second quarter

The firm had a 'bad summer season'

Microsoft announces gift: All employees to get $1,500 as pandemic bonus

Microsoft is giving all its employees over $1,500 pandemic bonus, in recognition of a challenging fiscal year that the tech giant just completed

Facebook app head Fidji Simo joins Instacart as CEO effective Aug 2

Fidji Simo, Vice President and Head of the Facebook app, has quit the social network and is joining online grocery leader Instacart as its CEO effective August 2, ahead of its IPO

Twitter's India business is trending despite company's face-off with govt

According to data intelligence platform Similarweb, the Twitter app's daily active users on Android increased to 10.03 million in May from 7.85 million in January 2021, a 27 per cent rise

Anil Ambani's studio eyes cinema earnings, lines up big movie releases

Reliance Big Entertainment, which has collaborated with Steven Spielberg, is hoping to release two Hindi-language films in theaters in the next three months.

Bharat Dynamics Ltd signs Rs 499-crore deal with IAF for Akash missiles

Bharat Dynamics Limited signed a contract worth about Rs 499 crore with the Ministry of Defence for the manufacture and supply of Akash missiles to the Indian Air Force

Covid impact: 100 units close down at Chennai's Ambattur Industrial Estate

Dwindling orders, job cuts hit South Asia's largest SME cluster

Teachmint raises $20 million in funding round led by Learn Capital

Edtech platform Teachmint on Thursday said that it has raised USD 20 million (around Rs 149 crore) in a pre-series B round led by Learn Capital with participation from CM Ventures.

Zomato IPO a watershed moment for start-up ecosystem, say experts

The much talked about Zomato IPO is an encouraging sign for the start-up community

States make a beeline as Kitex Garments drops Rs 3,500-crore Kerala plan

Both Tamil Nadu and Karnataka governments have already made open offers to Kitex.

Twitter says compliance report by July 11, key staff appointment in 8 weeks

The microblogging platform said it has appointed interim chief compliance officer with effect from July 6

Zomato's Rs 9,375-crore IPO to bring bonanza for Info Edge, Sequoia, Goyal

The existing shareholders of the company are set to make gains in the range of 50 per cent to 6,450 per cent on their investments

IPO-bound Zomato says it'll launch grocery delivery on its app soon

Zomato will introduce a grocery section on its app and confirmed its investment in Grofers.

Realty investment highest in five years for June quarter, shows data

Investments in the June quarter got a boost with the Embassy industrial parks attracting 53 per cent of the total amount

French court allows Cairn to seize 20 Indian govt properties in Paris

Assets are worth more than 20 million euros; FinMIn says no communication received in the matter Cairn is also eyeing assets in US, UK, Canada, Singapore, Mauritius and Holland

Paytm cut marketing spend more than the competition: Bernstein report

The report adds that NPCI's recent norm that limits digital payment apps' share in the overall volume of transactions on the UPI at 30% would impact PhonePe and Google Pay more than Paytm

DBS Bank India FY21 nearly triples to Rs 312 cr, revenue up 85%

Asset quality under pressure on LVB acquisition

Amazon launches Digital Kendra to empower Indian businesses with e-commerce

It will help MSMEs recover their businesses from the recent challenges, bring benefits of e-commerce and help them reach customers in India and globally.