Page 2908 - Company News

Intel partners with Telangana govt to launch applied AI research centre

The facility applies AI to population-scale problems in the Indian context, with focus on identifying and solving challenges in the healthcare and smart mobility segments

Auto component firms see capacity utilisation doubling to 60-95% levels

Most players expect strong demand during 45 day festive period, but tread cautiously as trend may not sustain later; Icra sees very few players going for debt recast

Walmart, Flipkart make fresh investment in supply chain tech firm Ninjacart

For Bengaluru-based Ninjacart, the investment further deepens the partnership with Walmart and the Flipkart Group to improve its offerings and enhance the customer experience

PE firm PAG-led group to buy pharma firm Anjan Drug for undisclosed sum

Target company makes and supplies active pharmaeutical ingredients in the central nervous system space to some of the world's largest drug makers

CarDekho to open 50 offline stores in India within 6 months

CarDekho to open 50 offline stores within 6 months as used car demand rises

Smaller pharma firms post faster domestic sales growth in September

Barring Cipla and Glenmark, whose sales have grown in double digits due to demand for their Covid-19 drugs like favipiravir, tocilizumab, most big players have posted tepid growth

HC seeks Centre, SBI stand on Anil Ambani plea to include Chinese banks

The high court also said that the moratorium on recoveries from sale of Ambani's assets, as provided under section 96 of the Insolvency and Bankruptcy Code (IBC), would remain in operation for now

Infosys completes acquisition of US-based firm Kaleidoscope Innovation

IT services major Infosys on Monday said it has completed the acquisition of US-based product design and development firm Kaleidoscope Innovation.

PAG-led consortium to invest $70 mn for controlling stake in Anjan Drug

Private equity fund PAG is picking up a controlling stake in active pharmaceutical ingredient (API) maker Anjan Drug for over USD 70 million, sources said on Monday

BookMyShow adds safety shield tag for safe movie-watching experience

BookMyShow has added a new safety shield tag to help create awareness about the various safety and hygiene measures available across various properties listed on the platform

Walmart, Flipkart Group pump in additional investment in Ninjacart

Walmart and Flipkart Group on Monday announced a fresh round of investment in Bengaluru-based business-to-business (B2B) supply chain company Ninjacart

Miko gets Rs 23 cr funding from Stride Ventures, Chiratae Ventures, others

Stride Ventures on Monday said it has led an investment round of Rs 23 crore in Miko, an India-born robotics firm

Food delivery volumes in India reach pre-Covid-19 peaks: Zomato CEO

The food delivery volumes in India have reached pre-Covid-19 peaks, Zomato Founder and CEO Deepinder Goyal said on Monday

FB appoints Sunil Abraham to shape its stance on tech policy in India

Abraham joins FB as the Public Policy, Director for Data and Emerging Tech

Tamil Nadu signs 14 MoUs worth Rs 10,000 cr, to create 7,000 new jobs

Among the companies that have committed investments are JSW Renew, Britannia, Apollo Tyres, Li-Energy for EV battery packs, Britannia and Hyundai Wia

Mahindra Logistics adds over 10,000 seasonal jobs ahead of festive season

Mahindra Logistics on Monday said it has added 10,100 seasonal jobs ahead of the festive season and will retain a significant number of these employees

Pharma, FMCG push hiring activity in India by 24% in September: Naukri.com

Driven by industries like pharma, fast-moving consumer goods, education and IT, hiring activity in India saw a growth of 24% in September compared to the previous month

Six Indian startups that beat the pandemic to become unicorns this year

Three unicorns have emerged in fintech space and one each in software, edtech and beauty space. A unicorn is a privately held startup that is valued at $1 billion or more

Razorpay raises $100 million from GIC, Sequoia Capital India and others

Payments solution provider Razorpay said it has raised $100 million (about Rs 731 crore) in a funding round co-led by Singapore's sovereign wealth fund GIC and Sequoia Capital India.

Mega e-sales: Compare prices across platforms before clicking on buy

What matters is the cumulative discount - that on price and on payment option