Page 2579 - Company News

Airtel extends free vaccination programme for nearly 80,000 staff

Airtel is extending the free vaccination programme to nearly 80,000 employees of over 15,000 partners and distributors to prioritise inoculation of frontline staff

SKF India to offer financial support to employees amid Covid-19 pandemic

SKF India on Monday announced COVID-19 support for employees and their immediate family members in the unfortunate event of an employee succumbing to the coronavirus infection

Raymond Limited appoints Harmohan Sahni as CEO of realty business

Raymond Ltd on Monday said it has appointed Harmohan Sahni as chief executive officer (CEO) of its realty business

Insurance startup Plum raises $15.6 mn Series A funding led by Tiger Global

Plum said it has raised a $15.6 mn Series A led by Tiger Global with participation from earlier investors Sequoia Capital India's Surge, Tanglin Venture Partners, Incubate Fund and Gemba Capital

Construction firm J Kumar Infraprojects bags Rs 1,307.8 cr order from MMRDA

Civil engineering and construction company J Kumar Infraprojects Ltd on Monday said it has bagged an order worth Rs 1,307.88 crore from the Mumbai Metropolitan Region Development Authority

Logistics firm Delhivery raises $277 million, now valued at $3 billion

Delhivery has reportedly raised $277 million in its latest round of funding, taking its market valuation to nearly $3 billion

Maruti Suzuki digitises to click with buyers: How exactly does it work?

India's largest car maker is finding traction in the national roll-out of its digital financial services platform

Corporate profit to GDP ratio hits 10-year high of 2.63% in FY21

India Inc's combined net profit was up 57.6% to Rs 5.31 trillion in FY21

Home sales in Tier II and III cities fall in April amid Covid-19 pandemic

The sales in April this year stood at 5,980 units, almost 2.5 times higher than April 2020

CoalMin targets projects worth Rs 41K-crore for asset monetisation

These projects include coal washeries, coal gasification, first-mile connectivity for building coal silos/mechanised loading, offering mines to private firms under mine developer and operator model

Lenders terminate bankruptcy proceedings against Lavasa Corporation

Lenders who have run up Rs 7,700 cr bad loans will call for fresh bids

Staring at huge losses, malls seek to reopen as Mumbai begins unlock

Shop timings extended but formal spaces still shut, say industry players

Next oil reserves plan by Sept, to see Rs 14K-crore investment: ISPRL

Request for proposal document awaiting Centre's nod

Suppliers may be fined 10% if they fail to meet local content needs

DPIIT is considering changes in the current procurement norms to further increase the minimum local content requirement in public procurement tenders

OMCs pay 73% higher excise duty even as crude oil prices decline

The top four OMCs paid all-time high excise duty of Rs 2.87 trn in FY21, up from Rs 1.66 trn in FY20

Hotels see surge in enquiries, bookings for leisure trips ahead of unlock

Travel firms remain cautiously optimistic, hope for recovery in second quarter

Vernacular.ai secures $25 million funding from WestBridge Capital

WestBridge Capital manages over $3 billion of capital, which focuses primarily on investments in India.

Wockhardt plans tie-ups for next-gen Covid-19 vax, aims to make 2 bn doses

Company aims to make 2 billion doses of vaccines in 1 to 2 years

Stock broking giant Zerodha's FY21 profit more than doubles to Rs 1,000 cr

Promoter Nithin Kamath says firm unlikely to raise external resources

Paytm board grants in-principle approval for around Rs 22,000 crore IPO

Digital payments and financial services firm Paytm has received in-principle approval from the company's board to raise around Rs 22,000 crore through an initial public offer during the October-December quarter this year, according to an industry source.