Page 933 - Company News
AI sales platform Kanlet raises $400,000 in pre-seed funding led by Suvan
Company that provides data and insights for B2B sales will use the financing for product development, marketing
 "AI sales platform Kanlet raises $400,000 in pre-seed funding led by Suvan")
Zomato plans D2C expansion of Blinkit to compete with ecommerce giants
This ambitious endeavour would involve building a dedicated supply chain infrastructure to directly source branded products and manage inventory, to compete with giants like Amazon and Flipkart
 "Zomato plans D2C expansion of Blinkit to compete with ecommerce giants")
Nvidia market rally: What's behind the US-based company's bull run?
The market data shows that the Nvidia's shares have rallied over 250 per cent in the last one year
 "Nvidia market rally: What's behind the US-based company's bull run?")
Tata CLiQ to have a bigger pre-owned luxury basket: CEO Gopal Asthana
In addition, with the growing influence of Western fashion trends and the rise of disposable income, consumers are looking at buying exclusive pieces easily available
 "Tata CLiQ to have a bigger pre-owned luxury basket: CEO Gopal Asthana")
Jefferies Financial stops coverage on Paytm until regulatory issues ease
Paytm has seen its shares lose more than half of their value since the banking regulator's surprise clampdown amid concerns over the continuity of its business model
 "Jefferies Financial stops coverage on Paytm until regulatory issues ease")
Mitsubishi to enter Indian car market with over 30% stake in TVS Mobility
Leveraging TVS Mobility's existing network of approximately 150 outlets, the new venture will also establish dedicated stores for each car brand
 "Mitsubishi to enter Indian car market with over 30% stake in TVS Mobility")
Adani group in talks with sovereign funds to raise up to $2.6 billion
Group plans to fund airport expansion, green hydrogen biz
 "Adani group in talks with sovereign funds to raise up to $2.6 billion")
AI can be 'Fastag' for India's growth: Google India head Sanjay Gupta
It can break barriers to information accessibility, says Google V-P Sanjay Gupta
 "AI can be 'Fastag' for India's growth: Google India head Sanjay Gupta")
Gawar Construction looks to raise Rs 2,000 crore from maiden InvIT
Co looks to put 10 road assets for Rs 5250 crore
 "Gawar Construction looks to raise Rs 2,000 crore from maiden InvIT")
Can Voda Idea play on the front foot in a market fast resembling a duopoly?
The UK telco's rough ride in India started in 2009, over a retrospective tax demand that was set aside later, but it has lately been in the news for a variety of reasons
 "Can Voda Idea play on the front foot in a market fast resembling a duopoly?")
Harley-Davidson, Triumph blaze a trail, give Royal Enfield a tough ride
Make waves in above 350cc segment, growing demand spurs production growth
 "Harley-Davidson, Triumph blaze a trail, give Royal Enfield a tough ride")
Etihad reports 10% rise on pre-pandemic levels; aims 35-40% further growth
The Abu Dhabi-based national carrier, according to its chief revenue and commercial officer Arik De is also a strong "believer" in competition and is not afraid of it
 "Etihad reports 10% rise on pre-pandemic levels; aims 35-40% further growth")
Sundaram Alternates looks to raise Rs 1,000 cr from global investors
The firm is currently in the process of raising money from global investors including NRIs in the Gulf region through its Series IV real estate credit fund
 "Sundaram Alternates looks to raise Rs 1,000 cr from global investors")
Adani Total Gas looks to increase adoption of LNG as primary fuel
"The biggest challenge of LNG is distribution. Currently we have only a handful of LNG dispensing stations and hence it is a chicken and egg situation,' Suresh P Manglani, CEO, ATGL said
 "Adani Total Gas looks to increase adoption of LNG as primary fuel")
Confidential data breach in Motilal Oswal by ransomware gang LockBit
Last year, the LockBit group also attacked Indian pharmaceutical company Granules India and India's state-owned National Aerospace Laboratories, as per TechCrunch.
 "Confidential data breach in Motilal Oswal by ransomware gang LockBit")
RVNL's order book touches Rs 65,000-cr mark, plans to add foreign projects
RVNL is also diversifying to other segments and eyeing many projects in foreign countries
 "RVNL's order book touches Rs 65,000-cr mark, plans to add foreign projects")
Expect 2W industry to see double-digit revenue growth: Hero MotoCorp
The country's largest two-wheeler maker, which reported a total income of Rs 10,031 crore in the October-December quarter this fiscal, also expects the entry level segment to do better going ahead
 "Expect 2W industry to see double-digit revenue growth: Hero MotoCorp")
IHCL aims to strengthen position in spiritual tourism, to add more hotels
The company currently has 66 hotels either operational or under development at spiritual destinations, including the latest hotspot Ayodhya, and will continue to grow the portfolio
 "IHCL aims to strengthen position in spiritual tourism, to add more hotels")
Banks to conduct performance review of advocates to fast-track DRT cases
The meeting was also attended by senior officers from the public and private sectors banks; chief executive officer (CEO), Indian Bank Association
 "Banks to conduct performance review of advocates to fast-track DRT cases")
Ananth Technologies claims crucial role in 55 modules for launch system
For the satellite INSAT-3DS, ATL has supplied complete power control system, solar array generation system, power distribution system, DC-DC power converters, star sensors
 "Ananth Technologies claims crucial role in 55 modules for launch system")