Page 10 - Companies

Mattel unveils 'Diwali Barbie' doll in collaboration with Anita Dongre

Mattel's Diwali Barbie doll, dressed in a floral Koti vest, choli top, and lehenga skirt, is a blend of modern aesthetics with traditional craftsmanship, the company said

Tata Electronics plans to resume some operations at fire-hit Hosur plant

Tata Electronics will resume some operations at its fire-damaged Hosur plant in Tamil Nadu, which produces Apple iPhone components. The company said they are probing the cause of the Saturday fire

Ola's BOSS sale offers discounts as e-scooter sales fall, competition grows

Ola Electric's CEO Bhavish Aggarwal announced that during the sale, the S1 scooter is been priced as low as Rs 49,999

Godrej Properties' board approves Rs 6,000 cr fund raise through securities

The funds will be raised in one or more tranches through public and/or private offerings

SpiceJet settles salary dues following successful Rs 3,000 crore QIP

SpiceJet's financial woes have been compounded by its inability to secure additional funding, resulting in defaults on lease payments for its aircraft

Tata AIA launches NIFTY Alpha 50 Index Fund with ULIP: Should you invest

In addition to market-linked returns, consumers can avail of life cover and health & wellness benefits

Combined value of top 75 brands up 19% to $450.5 bn, TCS tops chart: Report

The combined valuation of India's top 75 valuable brands has gone up at an "impressive growth" rate of 19 per cent to USD 450.5 billion, according to the Kantar BrandZ report. India's leading IT firm TCS remained the most valuable brand for the third straight year, folllowed by HDFC Bank, Airtel, Infosys and SBI, the report said. "With a brand value of USD 49.7 billion, TCS has seen a 16 per cent rise versus last year, driven by investments in innovation, particularly in AI and digital transformation," it said. Brands across business sectors have fuelled the growth, with 54 brands boosting their brand value over the past year, according to the Kantar BrandZ MostValuable Indian Brands Report. "This impressive growth outpaces most other BrandZ rankings globally and closely mirrors the 20 per cent increase seen in the Global Top 100," it said. Financial services brands dominate the list as 17 brands contributed 28 per cent of the ranking overall brand value. HFDC Bank is second with

Tupperware lenders fight over assets as company files for bankruptcy

Lenders urged Tupperware to avoid bankruptcy and accept a simple foreclosure instead, court documents show

FinOps platform Bluecopa raises $1.8 million in pre-Series A round

The Hyderabad-based company will use the fresh capital to expand market reach, improve artificial intelligence (AI) capabilities, and advance product development.

India presents opportunity, world moving into Indian era: Salesforce

Customer relationship management-focused Salesforce's chairman and chief executive Marc Benioff has said the world is moving into an "Indian era". Speaking to reporters on the sidelines of the annual "Dreamforce" event here, Benioff said the opportunities in India are "exciting" and the company has invested in the country aggressively. "You can see that the world is moving into the Indian era. There is no question that we are going to move into an incredible moment in India," he said. The city-headquartered global company which is aiming to close FY25 with a revenue of USD 38 billion has over 11,000 employees in the country. A bulk of the employee base serves the global client base, while the increasing adoption of digital technologies has made India business also grow. "We do all kinds of things in India including engineering and support but also we go to market in India," Benioff said, adding that it serves large customers like the auto major Bajaj group. He said the company has

NCLT grants final approval for merger of TV18 and E18 into Network18

Once the merger with Network18 is fully approved by the Ministry of Information and Broadcasting (MIB), both E18 and TV18 will cease to exist as separate entities

Indo National divests its entire 51% stake in Kineco for Rs 220 crore

Indo National Ltd, the manufacturer of consumer electrical products and dry cell batteries under brand Nippo, on Tuesday, announced to divest its entire 51 per cent stake in Kineco Ltd, a composites manufacturer, for Rs 220 crore. The Chennai-based manufacturer plans to deploy the funds in new-age enterprises, aerospace and defence industries, as well as across diverse categories of the fast-moving consumer goods sector, according to a statement. "The board of directors decided to sell its 51 per cent stake in Kineco Limited to a consortium of investors for a consideration of Rs 220 crore," it said. Indo National is the second-largest player in the dry cell industry, with a production capacity of 800 million batteries per annum. Besides it also has a presence in consumer electricals and torchlights manufacturing. In 2016, the company invested in Kineco, a key composites business offering a wide range of products and processing technologies for defence, railways and industrial ...

Rapido to convert Delhi bike-taxis to all-electric fleet by next year

This transition could potentially position Rapido as a pioneer in the bike-taxi industry, especially as rivals like Ola and Uber explore eco-friendly alternatives

PwC making tangible investments for 'high quality' business in China

PwC Zhong Tian LLP was hit with a six-month suspension and a record fine of 441 million yuan ($62 million)

Centricity's valuation reaches $125 mn in funding round led by Lightspeed

Centricity plans to utilise the fresh capital to expand its operations. The company intends to double its tech development team from 75 to over 150 specialists

Couche-Tard considers raising offer price for Seven & i after buyout talks

Seven & i has tapped Nomura to advise its board in preparation for a potential takeover battle with Couche-Tard, the Financial Times separately reported on Thursday

Bharti Airtel's valuations to sustain on market share & cash flow gains

Given these triggers, brokerages believe that premium valuations for the stock are justified

Home decor brand Nestasia raises $8.35 mn in from Susquehanna Asia VC

Home decor and lifestyle brand Nestasia has raised USD 8.35 million in a fresh funding round from Susquehanna Asia VC, Stellaris Venture Partners and notable angel investors. The capital raise will scale the company's efforts in offline store expansion, new category launches, brand building, and hiring, according to a release. Nestasia plans to expand its product range within kitchenware, drinkware, cookware, and appliances and introduce new themed categories such as home products for children (Nest Baby and Kids), among others. Nestasia, which was founded in 2019 by Aditi Murarka Agrawal and Anurag Agrawal, offers a curated selection of home decor and lifestyle products across six key categories. "This funding empowers us to stay true to our mission to Make Home Special' by introducing fresh, on trend products, expanding our offline presence, and strengthening our brand connection with customers," Aditi Murarka Agrawal, Co-founder of Nestasia said. Nestasia has been expanding its

Tata Digital's FY24 losses narrow to Rs 1,200 crore, revenue doubles

The company also reported its gross merchandise value (GMV) at Rs 37,355 crore. There are 20.76 million transacting customers this year

Black Box targets tripling sales over next 4 yrs on US networking demand

The company is seeking to capitalise on a global quest for artificial intelligence that's prompting customers to invest in computing and data storage capacity