Page 2519 - Company News

Zomato is first IPO on Paytm Money's new pre-IPO open application feature

Paytm Money is the first digital broker in India to offer this functionality, and expects this to significantly increase the participation of retail users in IPOs via its platform

Hero Electric Vehicles to invest Rs 700 crore in business expansion by 2025

Hero Electric Vehicles will invest Rs 700 crore by 2025 to rev up its business expansion, setting up of new manufacturing unit, for which it has raised Rs 220 crore to part-fund the activities

UK yeast maker AB Mauri to set up Rs 1,100 cr unit in Pilibhit, UP

State has allotted 257 acres to MNC, project likely to create 5,000 jobs

Amazon's Small Business Days sees record sales for over 84K SMBs

Amazon India's recently held Small Business Days has helped more than 84,000 small and medium businesses to bounce back from the economic disruptions due to Covid second wave, company said

Jet staff to get plummeted relief, only Rs 52 cr earmarked for employees

It is not yet a happy ending for the Kalrock-Jalan consortium of Jet Airways as employees of airline are unhappy with relief they are being offered which is slashed down from the actual claims

Alpha Corp to invest Rs 900 cr to complete 3 projects of Earth Infra in NCR

Alpha Corp will invest around Rs 900 crore to complete three stalled projects of Earth Infrastructure that it acquired through insolvency process, a senior company official said.

TV maker Super Plastronics aims to be Rs 1,000-cr company in FY 21-22

TV manufacturing company Super Plastronics Pvt Ltd expects a 25 per cent growth in revenue to around Rs 1,000 crore this financial year, led by fast-growing affordable smart TV segment said a official

Twitter names Vinay Prakash as resident grievance officer for India

The US-based company has been in the eye of a storm over its alleged failure to comply with the new IT rules in India.

Godrej Properties to invest over $1 bn in next couple of years: chairman

The executive chairman highlighted that the company in March raised Rs 3,750 crore through Qualified Institutional Placement (QIP) process.

'Christie fiction': Biocon chief slams Sebi order on Allegro Capital

The case dates back to January 2018, when Biocon had announced an exclusive global collaboration with Sandoz on next-generation biosimilars

Amazon wants to monitor you in your sleep using radar, for your benefit

The monitoring, according to Amazon, could help people with 'with mobility, speech, or tactile impairments,' and it could monitor sleep with a high degree of precision

Mother Dairy to hike milk prices in Delhi-NCR by Rs 2 per litre from Sunday

Leading milk supplier Mother Dairy has increased milk prices in Delhi-NCR and other cities by Rs 2 per litre with effect from Sunday due to higher input costs

Odia to Malayalam: Name a major Indian language and there's an OTT for it

As the market for watching drama and series online booms, all of India's diversity is getting play with more than 60 OTTs jostling for space

Paytm president Amit Nayyar, other top executives quit ahead of IPO

Paytm is headed for a $2.3-billion IPO by the end of 2021

PharmEasy parent API Holdings in talks with SoftBank to raise $100-200 mn

Softbank is still evaluating proposal. The firm aims to acquire a company in the healthcare space and to clear loans raised earlier, says source

From households to FMCG companies, commodity inflation bites hard

The higher prices of widely used raw materials such as edible oils, pulses, television panels, and chipsets are burdening household budgets and threatening the margins of leading manufacturers

Amid consolidation, gains for realty index may continue in the near term

Ongoing consolidation to help residential players expand their market share further

TCS to take iON global after test-marketing success in some markets abroad

Management said digital transformation with cloud adoption is accelerating in all markets, save India

TCS plans to hire over 40,000 freshers from Indian campuses in FY22

IT firm's recruitments may surpass FY21 numbers

Cochin Shipyard is gearing up for strong top line in FY22: Madhu Nair

For FY22, the company said its current order book size stands at Rs 12,000 crore, which includes private, government and navy shipbuilding and ship repairs