Page 2994 - Company News

Vikas Multicorp enters food protection and personal hygiene segment

Specialty chemicals firm Vikas Multicorp said it will enter the food protection and personal hygiene segment of the FMCG industry with an investment of approximately Rs 100 crore in two years

Mitron raises $5 mn in Series-A round led by Nexus Venture Partners

Company will use proceeds to accelerate product development and increase user engagement. It plans to onboard content creators on the app

Peoples Bank of China among 357 investors to acquire stake in ICICI Bank

The Chinese Central Bank subscribed to the recent ICICI Bank's Rs 15,000 crore capital QIP placement and invested Rs 15 crore

Edtech start-up Masai School raises $2.5 mn in latest funding round

Unitus Ventures leads investment, other participants include India Quotient and AngelList India

Raipur cops file FIR against Facebook's Ankhi Das over social media posts

FIR has been filed against two users of the platform as well for allegedly hurting religious sentiments

Deloitte acquires Spatial Access to augment advertising, marketing advisory

The move will augment Deloitte's advisory capabilities and enable brands to make more efficient advertising and marketing decisions

Flipkart collaborates with top Indian institutes for real-life research

The partnership with IIT Patna will help create industry-focused applied research in the areas of AI, natural language processing (NLP) and machine learning (ML)

From billion downloads to global backlash, TikTok's journey in pics

Earlier this year, TikTok appointed former Walt Disney streaming chief Kevin Mayer as its chief executive

After Amazon, Flipkart eyes e-pharmacy business, begin talks: Report

Flipkart CEO Kalyan Krishnamurthy has held multiple rounds of talks with PharmEasy's founding team, the Times of India report said

Boeing plans second volunteer layoff package to employees amid Covid crisis

"Unfortunately, layoffs are a hard but necessary step to align to our new reality, preserve liquidity and position ourselves for the eventual return to growth," the CEO says

Voltas outperforms peers in a challenging quarter marred by lockdowns

The company gained market share in room air conditioners, improved margins

BJP attacks Tharoor for summoning Facebook in Parliamentary committee

Tharoor said that the Parliamentary Standing Committee on Information Technology would certainly wish to hear from Facebook about the media reports

Covid-19 pandemic puts the bloom on edtech sector as learning goes online

Start-ups jostle to tap India's $180-billion education sector as Covid-19 forces learning to go online

CG Power: Investors should keep an eye on progress in deal completion

A strong partner should help business growth; further gains hinge on pricing, deal completion

Berger Paints: Weaker Q1 show indicates premium valuation unjustifiable

46% fall in top line and muted profit margin led to 88% dip in pre-tax profit in June quarter

Turnaround expert Kaushik Khona back in GoAir's cockpit for second innings

Khona's abilities will be put to test again as he begins a second innings at the Wadia group airline

How immersive cultural research is helping Zee with viewership share

The broadcaster sent teams to engage with audiences for its regional language programming

France's Sanofi SA to buy US-based Principia Biopharma for $3.7 billion

The deal will strengthen Sanofi's research capabilities in areas such as autoimmune and allergic diseases, the companies said

US tightens restrictions on Huawei, adds 30 affiliates to blacklist

Washington is pushing governments around to world to squeeze Huawei out, arguing it would hand over data to China.

Feel good investment: Social, sustainability bonds surge in Covid-19 world

Google parent issued a $5.75 billion sustainability bond, the largest such offering in history