Page 2674 - Company News
MobiKwik targets IPO by September, seeks to raise $200-$250 mn: Report
The Gurgaon-based company intends to hold a pre-IPO funding round that could give the startup a valuation of about $700 million
 "MobiKwik targets IPO by September, seeks to raise $200-$250 mn: Report")
India Ratings gives logistics stable outlook in FY22, sees demand growing
Agency estimates 8 per cent year-on-year improvement in volumes for Indian ports in FY22.
 "India Ratings gives logistics stable outlook in FY22, sees demand growing")
Piramal Capital & Housing Finance raises Rs 4,050 crore through NCDs
The company has raised over Rs 50,000 cr ore since Apr-2019, through several equity transactions leading to inflows of over Rs 18,000 cr
 "Piramal Capital & Housing Finance raises Rs 4,050 crore through NCDs")
Airtel panel approves preferential allotment of 36.4 million shares to LMIL
Bharti Airtel said its special panel of directors approved allotment of 36.4 million shares on a preferential basis to Warburg Pincus affiliate as partial consideration towards Bharti Telemedia deal
 "Airtel panel approves preferential allotment of 36.4 million shares to LMIL")
HC stays order restraining Future Retail to go ahead with Reliance deal
The Delhi High Court stayed a single judge's order restraining Future Retail from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business, which was objected to by Amazon
 "HC stays order restraining Future Retail to go ahead with Reliance deal")
Maruti Suzuki shortlists three new startups under innovation initiative
Maruti Suzuki India (MSI) on Monday said it has shortlisted three new startups as part of its Mobility and Automobile Innovation Lab (MAIL) programme
 "Maruti Suzuki shortlists three new startups under innovation initiative")
India retail: A nearly $900 billion market dominated by mom-and-pop stores
India's retail landscape is changing, with global and domestic consumer and retail behemoths fighting tooth and nail to woo shoppers, as many choose large, clean supermarkets over crowded local stores
 "India retail: A nearly $900 billion market dominated by mom-and-pop stores")
Adani Green Energy arm get letter of award for 300 MW wind project
Adani Green Energy (AGEL) on Monday said that its arm has received a letter of award for 300 MW wind power project under a tender of Solar Energy Corporation of India
 "Adani Green Energy arm get letter of award for 300 MW wind project")
How Jeff Bezos' Amazon is fighting door to door to beat Mukesh Ambani
The world's largest retailer is permeating the complex tapestry of the only billion-people-plus market open to it
 "How Jeff Bezos' Amazon is fighting door to door to beat Mukesh Ambani")
Used car market sees a continued interest from buyers amid Covid-19
2020 saw incremental growth for 1st-time car buyers, category up 3% for Maruti
 "Used car market sees a continued interest from buyers amid Covid-19")
Industrialist Sanjeev Gupta in controversy as Liberty Steel struggles
The Ludhiana-born British Indian's GFG Alliance, Britain's third-biggest steel company, employs 35,000 people from the United Kingdom to Australia
 "Industrialist Sanjeev Gupta in controversy as Liberty Steel struggles")
GAIL set to kick off asset monetisation in oil sector by end of 2021-22
InvIT to be floated by the end of next fiscal year
 "GAIL set to kick off asset monetisation in oil sector by end of 2021-22")
Edelweiss arm looks to launch new credit funds in 2021 to tap demand
The short-duration credit fund, which will be an alternative investment fund, targets to raise Rs 2,000 crore
 "Edelweiss arm looks to launch new credit funds in 2021 to tap demand")
From hi-tech telescope to Covid-19 study: ThoughtWorks does it all
According to the firm, with TMT, one will be able to study the universe like never before
 "From hi-tech telescope to Covid-19 study: ThoughtWorks does it all")
Reliance affiliate picks 3/4th of gas from own CBM block at $6 price
Reliance Industries Ltd has sold three-fourth of the gas from coal seams in Madhya Pradesh to an affiliate of the company at a price of just over USD 6 at current oil prices.
 "Reliance affiliate picks 3/4th of gas from own CBM block at $6 price")
Future Group moves Delhi High Court over RIL deal restraining order
"The company has filed an appeal before the High Court of Delhi against the impugned order dated March 18, 2021 passed by single judge...," said Future Retail
 "Future Group moves Delhi High Court over RIL deal restraining order")
Automakers told to ramp up IT infrastructure amid cyber-attack threats
The Ministry of Road Transport and Highways on Sunday alerted NHAI, NHIDCL and its other wings besides automobile makers to augment their IT security systems after reports regarding threats of possible cyber attacks targeted at the Indian transport sector.
 "Automakers told to ramp up IT infrastructure amid cyber-attack threats")
Banks to send more cases to bankruptcy courts even as old ones lie stagnant
Several roads, real estate and power companies are headed to the bankruptcy courts once the one-year ban imposed by the RBI lifts in the coming week
 "Banks to send more cases to bankruptcy courts even as old ones lie stagnant")
Covid-19 accelerates firms' digital transformation strategy: Report
89.7% of business and IT leaders in the Asia Pacific say Covid-19 has caused significant changes to their operating processes
 "Covid-19 accelerates firms' digital transformation strategy: Report")
Airtel adds 6.9 million active users in January, extends gain: TRAI data
Telecom operator Bharti Airtel added 6.9 million active users in January, extending its market lead on this count even as Jio's active subscribers tally declined by about 3.4 million
 "Airtel adds 6.9 million active users in January, extends gain: TRAI data")