Page 2684 - Company News
Jungle, Sequoia, others invest $46 mln in insurance distributor Turtlemint
Turtlemint, started in 2015, has a Point of Sale Persons (PoSPs) network of over 1 lakh who serve over 1.5 million customers across 5,000 locations
 "Jungle, Sequoia, others invest $46 mln in insurance distributor Turtlemint")
Godrej Properties launches QIP to raise up to Rs 3,750 cr via share sale
Godrej Properties had sought shareholders' approval through a postal ballot
 "Godrej Properties launches QIP to raise up to Rs 3,750 cr via share sale")
Lenovo to invest Rs 25 lakh in training 100 woman students in Mumbai
Lenovo on Tuesday announced partnership with non-profit organisation TechnoServe where it will invest Rs 25 lakh to train 100 woman students to build a career in the information technology sector
 "Lenovo to invest Rs 25 lakh in training 100 woman students in Mumbai")
Top-100 brands risk losing $223 bn in brand value on data breach: Report
The world's top-100 brands could see a whopping $223 billion getting wiped off their brand value due to data breach, according to a report.
 "Top-100 brands risk losing $223 bn in brand value on data breach: Report")
Indian Bank committee nods to raise up to Rs 4,000 crore through share sale
State-owned Indian Bank on Tuesday said its committee of directors has given approval for raising up to Rs 4,000 crore through share sale.
 "Indian Bank committee nods to raise up to Rs 4,000 crore through share sale")
Volvo Cars to launch one electric car every year in India from October
Swedish luxury car maker Volvo Cars on Tuesday said it will launch one electric car every year in India, starting with the full electric SUV, XC40 Recharge, in October this year
 "Volvo Cars to launch one electric car every year in India from October")
PayMate says has achieved annualised run-rate of $1.3 bn in GST payments
The firm's payment automation platform processed over $130 million GST payments monthly in 2020.
 "PayMate says has achieved annualised run-rate of $1.3 bn in GST payments")
Jimmy raises Rs 6 cr funding from Vinay Agarwal, Keki Mistry, others
Radiohead Brands, which makes Jimmy's cocktail mixers, on Tuesday said it has raised Rs 6 crore funding led by First State Stewart Asia Director Vinay Agarwal, HDFC Ltd CEO Keki Mistry and others.
 "Jimmy raises Rs 6 cr funding from Vinay Agarwal, Keki Mistry, others")
Sarguja Rail acquisition not to affect Adani Ports credit quality: Moody's
A 31.5 per cent stake in Gangavaram Port is also credit neutral, the report said
 "Sarguja Rail acquisition not to affect Adani Ports credit quality: Moody's")
Indian renewable firms underperformed but credit quality intact: Moody's
Moody's said India's renewable energy sector grew by 20% in the last five years
 "Indian renewable firms underperformed but credit quality intact: Moody's")
Cairn says it has identified Indian assets for seizing if it is not paid
British oil firm Cairn Energy Plc on Tuesday said it has identified Indian sovereign assets overseas which it can seize
 "Cairn says it has identified Indian assets for seizing if it is not paid")
Honda's scooter sales back in the fast lane after a steep decline
Sales in the first 10 months of the financial year for the segment and HMSI remain in a negative territory
 "Honda's scooter sales back in the fast lane after a steep decline")
Craftsman Automation to list shares at Rs 1,488 at least for March 15 IPO
Craftsman Automation is a diversified engineering company, with vertically integrated manufacturing capabilities
 "Craftsman Automation to list shares at Rs 1,488 at least for March 15 IPO")
India Inc anticipates rise in payrolls in April-June quarter: Survey
Corporate India is indicating a rebound in its recruitment plans for the coming three months
 "India Inc anticipates rise in payrolls in April-June quarter: Survey")
Uber to extend gender sensitisation drill to 100,000 driver partners
After the coronavirus lockdowns came into effect last year, Uber continued the sessions with drivers virtually and has so far managed to train 63,000 of them
 "Uber to extend gender sensitisation drill to 100,000 driver partners")
Paytm starts services for business to accept card payments on Android phone
Paytm has partnered with financial services institutions, including Visa and MasterCard, for facilitating card payments for Smart PoS
 "Paytm starts services for business to accept card payments on Android phone")
JSW Energy inks pact for sale of 18 MW thermal plant to JSW Cement
JSW Energy has inked a business transfer agreement with JSW Cement for the sale of 18 megawatt (MW) thermal power plant at Salboni, in West Bengal for Rs 95.67 crore
 "JSW Energy inks pact for sale of 18 MW thermal plant to JSW Cement")
Manappuram Fin board to meet on Mar 19 to consider issuing debt securities
Manappuram Finance said its Board of Directors will meet on March 19 to consider business plan and borrowing programme, including raising of funds through issuance of non-convertible debt securities
 "Manappuram Fin board to meet on Mar 19 to consider issuing debt securities")
Inox Wind signs pact for 92 MW-projects with Integrum Energy Infrastructure
Inox Wind on Tuesday said it has signed a binding agreement with Integrum Energy Infrastructure for 92 mega watt (MW) of wind power projects.
 "Inox Wind signs pact for 92 MW-projects with Integrum Energy Infrastructure")
JMC Projects bags Rs 1,000 cr orders from Maldives' Fahi Dhiriulhun Corp
Engineering firm JMC Projects (India) on Tuesday said it has bagged construction order worth Rs 1,000 crore from Maldives' Fahi Dhiriulhun Corporation
 "JMC Projects bags Rs 1,000 cr orders from Maldives' Fahi Dhiriulhun Corp")